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November 26, 2008

Confess your spending sins on Spendster.org

Add Spendster to your page

Before you embark on your Black Friday reconnaissance mission, armed with the Black Friday shopping tips we've been feeding you all week, take a look at your surroundings.

I'm sitting in my living room and I can see things that I've:

a. bought and never opened (books, games);

b. purchased and don't like (a chair);

c. acquired and can't use (disintegrating yarn unsuitable for the baby hat it was intended to become).

And trust me, I've got a small place!

Ever wonder how much money you could have saved if you had kept the cash in your wallet instead of dropping it on some item that proved itself useless far sooner than you ever imagined?

Indulge your voyeuristic urges in the spirit of Buy Nothing Day by checking out the videos folks have uploaded over at Spendster.org ...

 

... where they're keeping a running total of money people are confessing to have wasted on stuff that they never needed, according to a Marketplace story.

The site, set up by the National Endowment for Financial Education, defines a Spendster as "someone, who in a moment of weakness buys something they think they really need and realize later they made a bad choice."

And as they point out that even the most frugal people make unwise purchasing decisions occasionally, they offer advice on how to avoid making impulse purchases and how to turn your crap into cash by selling things on Craigslist and eBay.

What's the most pointless purchase you've ever made, the one you regret the most? How do you stop yourself from buying when you know you shouldn't?

I'll tell you mine if you tell me yours ...

Posted by Liz Kay at 2:00 PM | | Comments (0)
Categories: Consumer Web Site of the Week, Holiday shopping
        

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