I protest this article! It makes no sense to discourage buying while encouraging selling - you cannot have one without the other... For every sale there is a buyer. If everyone followed this approach and cut back on buying, there'd be no selling either! A strong economy relies on lots of trading in both directions!
I understand the need to follow budgets and control spending, etc, but some of my favorite acquisitions have been bought on impulse. If someone overspends on impulse, they can always turn around and re-sell the items - so where is the harm in buying?
This holiday season is make-it or break-it time for my sales... it is the time I look forward to all the rest of the year when sales are slow. I count on the impulse buyers to make my year and help me clear out inventory.
I also enjoy spending extra on myself at this season while shopping for others because I know that I'll at least get something I actually want this holiday season instead of so many of the things others have bought me without putting much thought into it. I know that sounds unappreciative, but the simple truth is I'm the best person to shop for me - and why shouldn't I treat myself to a few things I want while I'm spending so much on others? In fact, my wife prefers that I buy my own gifts in December and let her wrap them for me.
This article would be more appropriate on Dave Ramsey's website than on Auctivas! Let's encourage robust activity throughout the year - focusing on the ability to easily re-sell things we might have bought on impulse.