Spenders Jumping on the “Shopping is Patriotic” Bandwagon

Black Friday always makes for an interesting study in consumer behavior.  In addition to the shocking news about the Walmart tragedy, commentary from the shoppers themselves is instructive.

Mr. ToughMoneyLove was listening to NPR today when a field reporter caught up with a Black Friday shopper waiting for a Best Buy to open at 4:00 AM. This particular shopper had been in line since 5:00 PM they before.  Explaining herself, she said that “she didn’t have much happening on Thanksgiving.”  I’m guessing that whatever she had going on, it involved closely studying the Black Friday sales fliers. Read more

Celebrate Some Good Economic News on this Labor Day

I intend to take today off like most American workers.  Before doing that, I thought it appropriate to briefly mention some recent economic news that is relevant to this holiday and that is quite favorable in an economic sense.  (I know what you’re thinking – Mr. ToughMoneyLove is all about bad news – what’s up with the good news?  Hey – bringing the hard truth is first and foremost about the truth – good as well as bad!) Read more