According to research from British firm Npower, modern men spend more money on impulse buys than women do. Well, at least they do in Britain.
A poll of 2,000 Brits found that men spend approximately £25 (over $40) per week on impulse buys, while women spend only £19 (over $30). Additionally, the research determined that more than £70,000 (approximately $114,300) will be frivolously spent over an adult's lifespan, all in an effort to satisfy the insatiable urge to shop.
That's a whole lot of cash being blown on unnecessary items like clothes, magazines, booze, books and DVDs — all of which were determined to be in the top 10 impulse buys — especially during an economic downturn.
But men can feel better about one thing: While they end up spending more, it's a safe bet that they aren't shopping more than women. That's because women are much more likely to search incessantly for the best deals, while men are happy to pay more just to be done with the task of shopping. In fact, six out of 10 female respondents in the Npower study admitted that they are likely to give into the temptation to buy if there's a sale. For men, it's only four out of 10.
Read more: http://newsfeed.time.com/2011/05/22/shopaholic-shift-study-shows-men-spend-more-than-women/#ixzz1N8C7AIqy
Hold on a minute.
I am no shopaholic. We needed the new ferret cage that I ordered on line; it arrived last Thursday. We also needed the new TV that arrived the following day. These were not impulse buys. I gave each purchase a whole lot of thought. As I was going on line to buy these things, I thought long and hard while I logged in on my laptop. (that reminds me; I need to buy a new laptop) What is the time limit? How long do you have to wait before an impulse buy turns into a smart purchase? . . . . To answer that question, I just went on line and ordered the Emily Post book on Purchasing Etiquette, and the Suze Orman book titled: “How to fight the urge to impulse buy” Now that I have these new books coming, I also ordered a new reading light, set of book shelves, and a set of matching, artistic book marks.
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