Help Us, Oprah
I was flipping through the channels on Friday night when I happened upon the late-night repeat of that day’s Oprah. Sure, I dip in when she makes must-see TV with James Frey — or Tom and Katie — on her couch, but this time she spoke to me on a much more personal level. The subject of the show? Join the Debt Diet!
Now, I don’t really have a debt problem — anymore — but when I looked into the eyes of the women featured on the show, I saw my soul. First there was Lisa, who spent her family into $170,000 of debt, simply to “look the part no matter what the cost.” Gulp. Then there was Marnie, one of whose weaknesses was impulse-spending on her crafts, including knitting and beading. A thousand bucks on beads at a time and cha ching! $81,000 of debt. Her rationalization? “I feel really guilty about spending the money on [crafts], but at the same time, you cannot always just focus on everything horrible in your life.” Double gulp!
Of course they also did things that I never could — like throwing away bills instead of paying them (I guess I’m a masochist; I look at mine) or letting their level of debt grow bigger than their annual income (no I haven’t done it but I admit it does look easy). So in a sense watching the show made me feel better about myself. But at the same time, like any recovering addict (or I guess any functional addict, whether it’s through better cash flow or temporary restraint), I feel like I’m always on the precipice. I could slide down that slippery slope any day. And I see too much of myself in their type of behavior, their rationalizations. Let’s just say I’m on the spectrum.
But does that mean that I have to return the Louis Vuitton bag I just ordered? That I won’t start shopping for my spring wardrobe? That I’m not allowed to order another Lainey sweater when her trunk show comes to town?
What, do you think I’m crazy?


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February 21st, 2006 00:20
I learned about your blog from The Toronto Star. Now I’m a regular visitor. I guess it doesn’t matter how much money we have, we always want to go higher, and own that next brand with the outrageous price tag. I guess there’s a reason why the Shopaholics series was so popular, b/c it speaks to so many women. It really takes will power, and you should be proud that you have that. Enjoy your LV bag
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February 21st, 2006 13:44
Can’t wait for your book to come out tomorrow!
February 21st, 2006 16:16
Thanks, Jennie and Kate! I’m counting the minutes till (1) I get my bag and (2) the book comes out!
March 2nd, 2006 15:53
Not crazy at all but credit is such a part of our culture — store credit cards are thrust at us constantly and that 10% off your first purchase they bait us with? Amazing that people fall for it, only to find that store credit card has a 23% interest rate. Easy for people to get sucked into.