Monday, September 10, 2012

More than Half Americans Take Out Loans to Buy iGadgets, such as iPhones & iPads

Zero Hedge reports that "a recent poll from CouponCodes4U found that 81% of consumers admitted they could not keep up with the latest and greatest from Apple - and worse still that 51% used credit to buy one of the must-have iGadgets, such as iPhone and iPad.  Wow!  Go into debt in order to have that gadget.  What have we become as a society?  Where is that time-tested philosophy that you buy something when you have the money to do so?  Then again, we can always count on  government entitlement programs, food stamps and unemployment compensation, to bail us out so that we can have those wonderful iGadgets. 

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