I spend therefore I am
May 7th 2008 00:28
This post might seem slightly off the topic of climate change, however if you consider that excessive consumption is one of the main contributors to environmental damage and climate change, it isn't that far from the mark.
I watched a disturbing television program last night on consumers and debt. The TV host had a room full of people who were up to their eyeballs in debts, she interviewed each one on just how they got into debt.
Now debts per se don't bother me that much, hey the richest guys in the world have billions of dollars of it. What bothered me was what these people spent their money on. Most of the people got into debt buying consumable items that were far from essentials, i.e. blatant consumerism.
It disturbs me to think that people borrow money simply to keep up with the Jonses and buy a whole heap of junk they barely remember they have bought while they are paying the price for it.
Just when did success become about buying tonnes of material possessions, do we really need all these things to be happy? I don't think so. Success should be about happiness and well being.
One bonus of a ridiculous oil price and raised environmental awareness will be the realisation that we really don't need to own excessive amounts of stuff and get ourselves into hideous debt buying it. Hopefully people will find happiness in simply, being. Look I used to be one of the worst offenders, I have owned way more mobile phones than the average person, and have been known to break records for the largest number of jeans in a wardrobe, to name but a few of my indiscretions,but I have realised I don't need excessive amounts of stuff to be myself, in fact I am a million times happier now i have gotten out of that cycle and taken the pressure off myself, i have traded junk for happiness, and it feels good.
cheers
Louie
I watched a disturbing television program last night on consumers and debt. The TV host had a room full of people who were up to their eyeballs in debts, she interviewed each one on just how they got into debt.
Now debts per se don't bother me that much, hey the richest guys in the world have billions of dollars of it. What bothered me was what these people spent their money on. Most of the people got into debt buying consumable items that were far from essentials, i.e. blatant consumerism.
It disturbs me to think that people borrow money simply to keep up with the Jonses and buy a whole heap of junk they barely remember they have bought while they are paying the price for it.
Just when did success become about buying tonnes of material possessions, do we really need all these things to be happy? I don't think so. Success should be about happiness and well being.
One bonus of a ridiculous oil price and raised environmental awareness will be the realisation that we really don't need to own excessive amounts of stuff and get ourselves into hideous debt buying it. Hopefully people will find happiness in simply, being. Look I used to be one of the worst offenders, I have owned way more mobile phones than the average person, and have been known to break records for the largest number of jeans in a wardrobe, to name but a few of my indiscretions,but I have realised I don't need excessive amounts of stuff to be myself, in fact I am a million times happier now i have gotten out of that cycle and taken the pressure off myself, i have traded junk for happiness, and it feels good.
cheers
Louie
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Comment by Cibbuano
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But there's an unsavory truth to it all... without rampant consumerism, our economy wouldn't be as stable as it has been for the past few decades. The US economy has a lot of strength because it is a nation of consumers, which gives it a lot of might in the world.
Now that China and India are becoming commercialized, we're seeing some of the power transferred over to these countries -huge populations and large spending power.
In a way, then, our luxury is that we can claim to be anti-materialistic - but that luxury is built on the backs of entire nations buying all this crap.
Comment by James Rickard
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Comment by James Rickard
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That about sums him up. I love his segment!
Comment by Kleonaptra
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Yes, ok, our economic security has been developed by the certainty that people will keep spending, but its gotta slow down....Excess manufacturing and spending also equals less resources in the long run. I think whats important now, instead of people screaming that we have to do something but not knowing what, is to look at it under this particular light, see the chain of events as one big problem instead of lots of little ones.
Amen to ya Louie!
Comment by AmyHuang
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What sh1ts me more is that these people are actually complaining about their debt.
It would be a good idea in the start to know your own capabilities before you go on a shopping spree!
These are the people that step out and think they are being 'disadvantaged' because of interest rate rises. C'mon- if you couldn't afford it in the first place, why buy it?
Cib - I know that consumerism is the basis of our economy, and it will continue to be so. Those who can afford it - let them be. I just can't stand it when people need to "Keep up with the Jonese" as Louie said, and MUST HAVE A PLASMA TV.
My sister in law to be for some reason, thinks that they MUST have a pool because the kids need it.
I grew up without a pool. Does that make me not normal?
Comment by Cibbuano
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yes, one of the massive problems with rampant consumerism is that it drives people to spend more than they can afford. With the subprime crisis, we're treated to pictures of people's homes as they're packing up to move out, after losing the house. Lots of plasma TVs, expensive leather reclining chairs. Houses packed with the newest gadgets and decorations.
Comment by Louie
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Comment by Louie
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i think you are right, and it is all about greed.
Thanks for you thoughtful comments.
Comment by Louie
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I totally agree, mind you kudos to one of the guys, when asked why he was in such a bad position he replied, "pure stupidity I guess" ...at least he owned up to it.
Comment by Clint Emry
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How to enslave someone 101: Consumer Debt.
It's your choice to buy. I know, somethings you can't afford to live without, such as food! However, I see society slowly going the direction it was in historically.
Comment by Louie
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Thanks for stopping by.
Comment by Mountain Fog
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This motto, I wish to live up to, once I win lotto!
Sorry, but, I will TRY very hard to shop responsibly and eco-consciously!
In fact, I may do away with my car altogether, and have a tall dark GORGEOUS looking male carry me everywhere....sigh...
cheers
fog
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Comment by KylieW
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But even I have recently looked around and thought, "what the hell am I buying that for?"
I'm taking baby steps but am trying to cut down. In fact, I would say that I have only bought 1 pair of shoes so far this year (okay, so there are some who might think that if you own in excess of 50-60 pairs of shoes, that you don't need to buy more. But the reality is, that you don't get to own 60 pairs of shoes at one time by only buying 1 pair in 5 months!).
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Comment by Michaelie
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Louie, you don't need to convince me... but could you just pry the credit card out of my hands??
Great post.
Michaelie
Comment by samaritan
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I believe that every time we spend money we are making a statement about where we want our money to go. So many people just spend money without even thinking where it goes. I would love to reach the stage where I know that every cent I spend goes to support something worthwhile. But I think the first step is just thinking about it. Think where your money goes. If everybody just thought about where 10 per cent of their money went, I believe it would make a big difference.
Samaritan
Comment by RubySoho
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But maybe I think people overspend on stuff because they feel they need something to show for all the hours they spend working maybe? Dunno, it's alien to me.
Comment by Irene
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Good post.
Comment by Mountain Fog
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hmmm...I should start a 'new age thang' site with pearls of wisdom...
nahhh...too much effort thinking...I'll stick to my lotto plan....
and Michaelie, what's the phrase..."outta my cold dead hands!"...tee hee! You sound like a double barrelled shot gun shopper!
Oh, and KW, only 50 to 60 pairs of shoes...YOU SLACKER!!! You will have to do far better than that if you want perpetual membership of the Imelda Marcos Well Shod Club!
cheers
fog
Comment by Louie
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Comment by Louie
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Thanks for stopping by, your words ring so true.
I also believe it would make a big difference if everyone just stopped to think, however dont lose hope, my new motto is every little bit counts.....
Comment by Louie
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and
I think you are onto something there. Maybe there is some truth to the phrase retail therapy.....
Comment by Louie
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Thanks for stopping by, I see you have a sight called Grammar matters, ill be stopping by to get some tips for my shocking grammar.
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hmmm...I should start a 'new age thang' site with pearls of wisdom...
very wise comments there fog, maybe you should.
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Comment by Thoraiya Dyer
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I walked past a few Mothers Day stalls this morning and felt like kicking over the tables. They were covered in enough useless junk to choke half a dozen seals with a few polar bears thrown in. Why not take Mum for a walk on the beach, tell her how much she means to you, cook her a nice dinner and leave it at that? Does she really need a crappy plastic statue of an angel with a tinsel halo or a stuffed bear embroidered in love hearts? WHY DO THESE STUPID THINGS EVEN EXIST??
OK, that's enough out of me.
P.S. Don't eat krill
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cheers
Louie
Comment by Mrs M
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I always wanted a house that had ducted air conditioning. I don't mind the heat, but I don't do winter very well.
However, I know that I can't indulge my guilty pleasure because it's just no good for the environment. So I have to go on freezing. Sure I'm helping the planet blah blah blah but I'm cold! I don't like being cold.
That's my gripe.
Love & stuff
Mrs M
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Comment by Lilla
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..an interesting read, the comments section particularly... most well said, and you are well onto it, no doubts, Louie.
I could never own a diamond, knowing a small childs hands had been cut off to achieve it, or a family ripped apart. I don't want to take drugs that have been tested on small African children either, on coats made by bashing baby seals to death .. and the list goes on.
I love opp shopping and finding bargain designer labels that highlight the class and glamour of a 'state of mind' not the latest Friday night, keep-up meeting...
You'll get no argument from me, although I am a bit of a hoarder and being nearly a half a century... well, my toaster is from 1991, my hairdryer from 1985, my washing machine (God love it), is a wedding gift from 1990.
My hand mixer, kitchen whizzer thingy is a gift from my Father in 1975 (no joke) and it makes pancake batter like no other machine) ... my car is a 1983 Ford, converted to LPG when it first came out.
Should anyone not lugging wheelchairs, or farm equipment in their 4WD, pay a tax?
Hell yes, a really BIG ONE!
My wheelbarrow is a hand me down from my Dad's days of building houses all those years ago, my shovel came the same way ... oh I can go on about all the old bits and pieces I have around my place, which probably best resembles the Adams Family Manor.
I probably only buy one thing a year, but I research it for months because I know it has to last. What I can;t buy I manifest from thin air .. believe me it is not hard to do and people drop amazing things off to me, just when I need them... usually because people these days, are obsessed with shopping for it's own sake bcause they have nothing better to do...
Why not go and join a group and plant a tree if you're board?
Sadly, I have noticed that these days, the cheaper imported things are made to last only for the length of the warranty - forcing consumerism, and that is a crime indeed... and I sound just like my parents now, saying it *chuckle* but I am still trying to persuade my things to stay with me a little longer by sprinkling the fairy dust over them
Lilla ...
Comment by Lilla
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Hello?
Comment by Louie
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wow you are the master..i totally agree with all your sentiments and as for
Watch James Rickards blog he is working on a post right now about a very similar topic
and also as for
thank goodness she dropped him and didn't get seduced by the sexy sports car temptress, it would have been very easy to overlook the debt.
good on her I say, many people would not have done that.