said by en102:This is personal and discretionary spending - well said.
Many have been jumping through the hoops with all the gadgets that they can get.
HD, multiple cell lines with data/messaging plans, new cars, Wii/PSP3, new PC, 20Mbps/5Mbps internet, etc.
There's a LOT of discretionary spending there, and that doesn't include the cost of extras, and utilities to go with it.
If many knew the 'true' cost of these items, they probably wouldn't spend on half of them.
pple/ salemen-women trying to get me to UPGRADE cell phone, (to camera or text phone, but i can figure out HOW people can text so fast or long on a phone pushing little,buttons, heck it would take me probally 30 minutes just to text out hello How are you 7 put in an address. using the cell phone,