The list of gotta have stuff continues to grow…

December 10, 2009 by Dennis Gravitt · Leave a Comment 

There are a myriad of articles written on the topic of consumer debt and the unsustainable pace at which we consume, but little attention is given to the root causes of this behavior. At risk of divulging my age, let me say that I remember a time (in the not too distant past, mind you) when most of the stuff on our gotta-have lists didn’t even exist. I’ll offer a few examples of what I’m talking about. Take Television, for instance. At one time, the only requirement for watching Television was electric service to the house. Depending on your preference today, you can spend upwards of several hundred dollars a month for the privilege of watching what you want.

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The Payment Trap

December 22, 2008 by Dennis Gravitt · Leave a Comment 

It seems that the average American’s hunger for goods and services can only be satiated by the aquisition of more stuff. With the continual bombardment of images telling us that we can only be happy if we purchase the newest hot ticket item, it’s no wonder that many of us are falling victim to our presumed desires. We’ve bought into the message that we need that newest techno gadget. As compulsive desire overides reason, we can’t be satisfied until we obtain the item. But shortly after making the purchase, in the span of just a few days or weeks, the novelty begins to wear off, and we find ourselves on yet another quest to buy something. We are caught in a vicious cycle.

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