DON'T NEED IT? DON'T BUY IT.

RANT: FROM A STUDY RELEASED BY THE BANK OF MONTREAL:

• Some 60 per cent do it to cheer themselves up. Roman Catholics find confession is much cheaper

• Fifty-five per cent do it because a specific item is discounted. “Look dear I saved $20 on this new $500 lamp.”

• Forty-two per cent grab goods they don’t use. “Buy it for $20. But wait; if you call now we’ll double our offer”. Check out my sister’s basement full of useless gadgets!

• The biggest culprits are clothes, restaurants, entertainment and shoes. Need I add anything?

• Fifty-two per cent regret what they’ve done. Not enough to stop it!

• Forty-three per cent can spend more in a month than they make. Surely this is not totally blamable on impulse!

• Almost one-third has borrowed for their impulses. That’s why we get credit cards in the mail.

• Men spend double the amount of women, largely on dining out and clothes. Women spend less for the same thing. They might have a difficult time convincing men of this fact!

• Impulse buying is more prevalent among young people. Who among us would argue against this point. Well….. maybe the ‘Occupiers’ would.