Do sales make you happy? Why your good bargain high won't last
Filed under: Shopping, Simplification
While reading The Ethical Executive by Robert Hoyk and Paul Hersey, one of the learnings that struck me most was that the happiness gained from very big achievements; such as getting a big raise or financial windfall, for instance; lasts, at most, three to six months. In many cases our happiness has returned to pre-achievement levels after only a few weeks.So when I read the headline about bargains in today's Wall Street Journal, "Deals Abound, But Which Offer Lasting Delight?" I thought it would be an expose to the truth: delight doesn't last, especially if it's just about saving a few hundred dollars on a flat screen. Karen Blumenthal doesn't really touch on the lastingness of happiness, but more whether or not happiness (beyond the initial thrill of the deal) lasts at all.
According to the experts she consults for the piece, spending time with family and friends makes you far happier than the enormity (or relative price:value) of your material goods. She recommends that you, for instance, buy a home that's closer to work and friends' homes than one that's in a prestigious neighborhood; or a big-screen TV if it allows you to become closer to your children (hers encouraged her college-age daughters to come over and watch the Olympics at her house). I'd take this a little further, encouraging consumers not to buy anything simply for the satisfaction of the savings (even if it's something you actually want), and remind you that all this is just more evidence that shopping doesn't make you happy, not in the long term. Put away your credit cards and play chess with your children; go to a knitting or book group; join a craft circle; or just go for a long walk with someone you love. Your happiness may not always last a long time, but at least it didn't cost you anything.
The following may not be a shocker, but in the world of shopping, it's news.
The magic is fading for Disney, but for its customers, it's just beginning.
Circuit City, the struggling Big Box electronics retailer, announced earlier this week that it will be closing some 20% of its North American stores in an effort to regain profitability. It will shutter 155 of its 700 stores and lay off about 17% of its workforce. 
Most families are gearing up for Halloween and dollar stores are great places to shop for masks and other accessories like plastic pirate swords and eye patches.
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All God's children gotta eat, so I headed back to my local dollar store in search of more good food deals to compare with an area supermarket's prices. Please check prices in your neighborhood. I've never caught my dollar store selling stale cookies or otherwise out-of-date food, but always check expiry dates anyway before heading to the cash register.
Now, before you handyman types get all up in arms, I'm not suggesting that dollar store tools are going to meet everyone's standards. All I'm saying is that you can get some well made tools for a buck. Every home needs some tool basics, whether you're measuring a window for curtains or hanging pictures on the living room wall. My experience with dollar store tools has been favorable, the fundamental criteria being that any implement I buy must be solidly built. It may not be scientific, but I have rarely been disappointed with a purchase. Here are a few of the tools available and how prices compare for similar items at Home Depot. Please check prices at your local store.
If you're planning to rent a car anytime soon -- particularly an economy model, consider meditating -- or whatever else settles you down -- before you get to the rental counter.
In a new article on
I went to the mall on Monday and bought an Aeropostale t-shirt that fits me beautifully for $4.50, and the color -- baby blue -- is my color.
As a lifelong lover of cereal, soaring commodity costs have been messing with my head. The tipping point was a recent trip to New York City when a supermarket was charging $5.69 for a 14 ounce box of shredded wheat.