So, you are all aware of the problem I have with Target and its unbearably close proximity to my wallet. I wish I could say that the problem is a “new” one, or that until recently, I had never heard of this store that causes your wallet to malfunction and dump its contents on the conveyor belt.
But I can’t.
My irrational attachment to this store goes back to the late 90′s when I was a wee lass in college. One particular Christmas, I was broke. No money to be found. I was juggling school full-time and work full-time and any money I made was just put right back into bills.
So I did what any
defeated sane person would do, and I opened up a store credit card with the bullseye store. Hey, I thought, now I can buy everyone I love a Christmas gift! Problem solved!
I signed up for the card, and went on a tear through that store. Money was no object. Hey, that’s what credit limits are for, right? This, that, and the other were thrown into my cart with nary an eye glancing at a price tag.
Christmas came and presents were handed out and everything was all right with the world.
Except it wasn’t.
The bill came and my gleeful shopping spree now was nothing but a bitter taste in my mouth. I was disgusted with myself for getting caught up in a gift-giving cycle that left me feeling shameful.
Why had I felt the need to do this? No one forced me to open this card and buy all these presents I couldn’t afford. I didn’t have an answer to explain my behavior. But I knew enough at that point to calmly grab the bullseye credit card and…cut it up.
I never used that card again.
It took me quite awhile to pay that darn card off, but I did it. Every single penny. I canceled the account and swore I would never open a store credit card again. And to this day, I have stayed true to my word.
Financial lessons are sometimes tough to learn, especially around Christmas. Giving presents should not cause you to go into debt.
I had to learn this lesson the hard way.