I don't know whether to be offended that this reinforces a stereotype of women as hopelessly incapable of managing their finances or saddened by the mass appeal of this 1980s-like materialism. I agree with the sentiment that treating yourself now and then is a valid use of resources, but the clips posted here (admittedly a very small sample size) are hopefully not the guiding force behind decision making these days. If they are, then at least there won't be a recession anytime soon. Consumers will just keep spending until there isn't anything left to spend, then they will just put it on the card. However, due to the economic principle of tradeoffs, their handbags will have to be sold (maybe as 2020s retro) to fund the retirement they didn't save for. Will girl math save them when at 85 they are still working? "You see, I took out a reverse mortgage on my handbag and paid off the credit card so now I have free money."
I don't know whether to be offended that this reinforces a stereotype of women as hopelessly incapable of managing their finances or saddened by the mass appeal of this 1980s-like materialism. I agree with the sentiment that treating yourself now and then is a valid use of resources, but the clips posted here (admittedly a very small sample size) are hopefully not the guiding force behind decision making these days. If they are, then at least there won't be a recession anytime soon. Consumers will just keep spending until there isn't anything left to spend, then they will just put it on the card. However, due to the economic principle of tradeoffs, their handbags will have to be sold (maybe as 2020s retro) to fund the retirement they didn't save for. Will girl math save them when at 85 they are still working? "You see, I took out a reverse mortgage on my handbag and paid off the credit card so now I have free money."
You should ask your kids about it! While you're there, you can also them about "girl dinner" ;)