Credit Card Shock
Ok… so really, I’m not that shocked about my current credit card balance (and only ONE of them too, LOL), because I’m quite aware of my spending. If you have been paying attention to the blog, you’ll also know I’ve been trying to actually “utilize” my money and actually spend more of it to entertain and/or generate some monetary happiness, so it wasn’t like I “wasn’t expecting” to see these numbers. It is shocking only because I rarely see it this high 😆 .. and plus, I needed a catchy topic title, harhar.
I was going through my list of like 20 some-odd transactions, trying to figure out how much of it was pleasure-related and trying to separate it from business-related payments, since I also run purchases for my own company through this particular card. Looks like this month, I’ve spent quite a bit for ‘personal’ use and the numbers are starting to rack up. Just this weekend alone I spent quite a bit of money, particularly on food, haha! You know those weekends that you just go out and spend money like crazy? This was one of them. You’ll feel the pain a month down the road when the bills come flying in, lol.
And if you think these numbers actually included my plane ticket or spending in
Hong Kong, I’ll have you know those amounts were cleared a long time ago and all this spending contributing to the following picture is all from the past month since I’ve returned to Canada. I suppose I should really bend over now, lube up my ass and just wait until the next credit card statement lands on my desk.
Current owing amount and the billing period isn’t even over yet…
And so I proceeded to read an article which made me laugh because I realized why I spent more this year (other than my changes in spending habits) than any other during this-time-of-the-year…
Valentine’s can be considered an economic stimulus that helps to boost sales in between Christmas and Easter. According to Reuters News Agency, for Valentine’s Day 2011, the average American couple will spend $189, which is three times more than what singles generally spend on an average date ($67).
Man.. people go on expensive dates, LOL.. actually, I never calculated how much I spend taking bebe out. Come to think of it, I might actually spend more than that in a day with her 😐 Eep! There’s a good reason why bebe and I don’t go out every night, I’d be poor afterward XD
According to estimates from the National Retail Foundation, the average person will spend $116.21 on Valentine’s Day merchandise this year, this figure is up almost 13% percent over last year’s $103.00. Overall, this will bring total Valentine’s Day spending to about $15.7 billion.
Some people barely have money to eat, and here we are spending over $100 on gifts… ick.
The survey also found that overall spending is expected to be up this year. Consumers will fork over $3.5 billion on jewelry this Valentine’s Day, up from 2010’s estimated $3 billion.
Woooo, I’m part of the statistic this year! LOL.. I’m contributing to that 3.5 billion, haha.
No changes are expected on who will spend more; men will spend the most on Valentine’s Day gifts. The average man is anticipated to spend $158.71, more than double what the average woman will spend.
That’s bullshit 😛 Why do us guys have to pay more? 😆 I thought men and women were supposed to be equal in societal standards now, haha.
According to Reuters, young professionals plan to spend $255 for Valentine’s with their significant other.
Hrm… how to define young professionals?
I was just talking to one of the girls at work today and she pretty much said as well Valentine’s Day is really a waste of money – or rather – if you’re going to buy gifts or do sweet things for your partner, that can be done any time, rather than on a “specific day”… and yes, while I agree with that, it’s also nice to mark a special occasion like this. However, give it a few more years and when bebe and I get married, v-day may not really be all that special 😀 HAHA!
I think it’ll be very quick that the next time I check my credit card tally that it’s going to be pushed over the 3,000 mark.. ooohh boy. Looks like I’ll be eating Mr. Noodles for a while 😛
Posted on February 16, 2011, in Personal, Thumbs Up Reads and tagged Blog, Credit Card, Family Life, Finances, Food, Girlfriend, Jewelry, Life, Money, Musings, My Life, Necklace, Opinion, Payment, People, Personal, Relationship, Spending, Statistics, Thoughts, Valentine's Day. Bookmark the permalink. 5 Comments.