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Economic Issues Thread About, How to Avoid 2011's Spending Traps in 2012


How to Avoid 2011's Spending Traps in 2012 By Barbara Thau (DailyFinance) 04:28:01PM (ET) Wednesday,December 21,2011. In 2011, shoppers were ...
 
 
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Old 12-21-2011, 01:28 PM   #1
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Arrow How to Avoid 2011's Spending Traps in 2012

How to Avoid 2011's Spending Traps in 2012
By Barbara Thau
(DailyFinance)

04:28:01PM (ET) Wednesday,December 21,2011.

In 2011, shoppers were hot -- sometimes too hot -- for bargains.

Daily deal sites such as Groupon and Living Social, and flash sale fashion sites like Gilt Groupe and Rue La La, surged in popularity. Recession-scarred shoppers turned hunting for low prices into a part-time job, whiling away precious hours to find the best deals.

Meanwhile, consumer spending spiked and dipped in response to the economic news of the day. As a result, people fell into a pattern of short-term buying at the expense of long-term budgeting...

Savings Expert Jean Chatzky on How to Avoid 2011's Spending Traps in 2012 - DailyFinance

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