When a financial crisis was reported, I felt bad for the fact that my bank account wasn’t ready for any dilemma. If I were to lose either of my jobs (I got 2), how would I pay off my retail habit debt and my education (let alone rent)? Not sure. And yet, I still purchased things here and there. I mean really. Yes, you have to be more of a savvy finance-ista (?) 🙂 but you can’t just stop living.
So I ventured into stores and spent a bit here and there. Did you?
Stores weren’t as optimistic about the future, so they toned down their spending. They tried to sell what they had, and trimmed their orders for the future (aka now & the coming seasons). In comparison to their smaller orders, it seems that they are getting closer to a happier bottom line. As a matter of fact, many news reports say shelves may actually be out of stock sooner due to the quantity of items available and people and their darn holiday gift lists.
With that said, every week when I read a financial overview of the week past, I hear the same thing: Consumers are spending again. But I wonder, are they really? Has the spending stayed the same? Are people feeling “safer”? Are you shopping?
Tell me all about it!
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