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In the video below, the anchor interviewing Jennifer Openshaw says that each person will spend over $800 this year on gifts for friends and family. The number is from “speculation” and is higher than what was spent last year.

Openshaw says that in the current economy consumers are trying to cut their costs, and that includes buying “used clothes” and finding other ways to make a dollar stretch further. I hate to dwell on just one phrase of a 4 minute video…but “used clothes?” Could she not have used a word like “second-hand” like the anchor suggests instead?

Anyway, she goes on to say that consumers should not spend $800…They should take that number and cut it in half, then cut THAT number in half, to $200. Also, not buying for people who you think don’t deserve gifts.

She goes on to suggest when shopping for other adults, to buy second hand items as gifts. I know that it will save you money, but most of the people I know would rather have a less expensive item than one that has been “pre-loved.” I would buy a second-hand item for myself, but not for others.

Jeremy

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