Monday, December 10, 2007

yikes!



is taking out a home equity loan to buy christmas gifts a common practice?

*sigh*

everyone should just boycott the holidays this season. everyone should just make cards out of old grocery bags and stuff their money into high yield savings accounts and watch the retailers hyperventilate. of course, that would probably set off a recession, but hey... bah humbug!

4 comments:

kusala ~ joe said...

This is some really serious consumerist bullcrap! I say bake some fruitcakes to give as gifts. And I love this:
Money's also tight for Deborah Vick, a Las Vegas home loan officer who says she's cut back on spending since the housing slowdown took hold and cut her salary in half. She used to have a BMW and a Land Rover, but had to give up the BMW to a company that took over her $600 a month lease. 'If you have to give up a luxury item, which you probably shouldn't have purchased in the first place, you know, for me it was a learning experience,' she said.

Talk about learning a lesson through hardcore suffering.

emily2 said...

cards made out of old newspapers and grocery bags. i say go EXTREME!

amit1 said...

the idea realised by him is creative. i like to take apportunity of this but now i m in out of it thats why.if in future i will be there i will take care of it

amit1 said...

the idea realised by him is creative. i like to take apportunity of this but now i m in out of it thats why.if in future i will be there i will take care of it