11/10/2005

Yoga Mamma's

I find it interesting that parents are willing to spend so much money on baby clothes and accessories. Don’t get me wrong, I’m going to buy nice things for my kid, but I think spending $50 on a shirt that is only going to be worn twice before it is grown out of is ridiculous. In the article I found it talks about how mothers these days are all about big spending on the little ones. I think it’s crazy! Kids can look just as cute in clothes from Old Navy as they can in clothes from Nordstrom. I think it’s unwise to spend so much money on such frivolous items, when you could be putting that money away for college. Italian leather toddler shoes from Nordstrom $129, Bugaboo baby strollers $700, having no money left for retirement priceless.

1 comment:

Dr. Tufte said...

When I see stories like this, it makes me think that the housing boom is far from over - there are too many people with too much money to spend.

This doesn't apply as much to clothes, but for other items - particularly those with economies of scale - this sort of behavior is what allows firms to pay off their fixed costs and sell at lower costs to the hoi polloi.

FWIW: My wife discovered this fall that you can buy a lot of that seldom used stuff on E-Bay. She's been buying expensive brands we'd never consider, and they've all been in good shape.