Showing posts with label gifts. Show all posts
Showing posts with label gifts. Show all posts

Monday, February 23, 2009

Use less useless stuff

Someone gave me a calendar last week which contains ‘useful’ information on auspicious dates and other astrological details. I threw it in the dustbin, the minute the person left. I read somewhere that the printing of diaries and calendars is a multi-crore business, but more than 95% of the stuff produced is never put to use. Ten of you present me stuff that I don’t need and never can use. I do the same thing to ten of you. And so on.

Tuesday, November 20, 2007

Gift Card Scam

In case you had any doubt that human beings are irrational creatures, driven by stories, consider the case of the gift card.

Christmas has become a holiday about shopping, not about giving. Case in point: the $100 gift card, now available from banks, from stores, even in a rack at the supermarket.

Last year, more than $8,000,000,000 was wasted on these cards. Not in the value spent, but in fees and breakage. When you give a card, if it doesn't get used, someone ends up keeping your money, and it's not the recipient. People spent more than eight billion dollars for nothing... buying a product that isn't as good as cash.