Thursday, October 30, 2008

If you need some motivation to get back on the Compact...

Share Your Shopping Horror Stories with Spendster [Personal Finance]
from Lifehacker



If you have a bunch of expensive stuff collecting dust in your closet or garage, it might be time to sit down with Spendster and repent for your consumer gluttony. A project from the National Endowment for Financial Education, Spendster asks folks to calculate how much they've spent on stuff they simply don't need, and to share their stories. The videos already on the site are a lesson in humility that just might change your habits. And you can use the Spendster calculator to reveal the real cost of those impulse buys, expressed in credit card interest fees or how much you'd have if you bought into Google's IPO or into an interest-bearing savings account.