WELCOME CNBC VIEWERS!
If you just saw Kathryn and The Budget Fashionista on CNBC's On The Money and are new to the site, here's some great posts to get your started! Join our site and get exclusive coupons sent to your inbox.
- Find the latest Coupon and Deals by visiting our coupon and deals page
- Best Online Coupon Sites
- Costo vs. Sam's Club
- How to Recession Proof Your Closet
- Top Budget Shopping Tips
- Michelle Obama's Look on a Budget
- Comfortable Shoes on a Budget
- Cashmere Sweaters on a Budget
- Budget Beauty Tips
Make sue to check out Kathryn's online shopping tips featured in the New York Times.
Yea or Nay: Can Prices Be Too Low? The Threat of Deflation
As The Budget Fashionista, I love low prices, especially on items in which I could get an amazing cost per wear. However, while reading Time.com, I came across an article discussing what happens when prices become too low. Now, I must admit, I never really thought about prices ever being too low. Maybe this is because for the past, oh, 20 years, prices have been ridiculously high (a $12,000 crocodile handbag by Coach?) or television shows like Access Hollywood telling us that an $87 dress for a 5-year-old is “budget” friendly. Don’t even get me started on the continued influx of celebrity “designed” fashion lines.
Regardless, the threat of extremely low prices, aka “deflation”, is a very real issue. According to the Investment Dictionary, deflation is “A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy, which can lead to an economic depression.” In real people terms: extremely low prices can lead to lower profitablity which can lead to unemployment which can lead to less money to spend which leads to low prices.
So can our quest for low prices actually be bad for our pocket books? Is there such a thing as TOO low prices?
(note: I’m not an economist, but it would seem that if we had more money, i.e. higher wages, then high prices wouldn’t be as much of an issue).
Lots of Coupons and Deals
Cyber Monday Deals: Smartbargains.com, Gap, Piperlime, Old Navy
It’s the lunch hour, meaning you have ample time to check off some of those holiday gifts for less with these Cyber Monday discounts:
Smartbargains.com: Free shipping on orders of $50 or more. Get apparel, accessories, household goods, and more, including namebrand and designer items, at smart prices indeed. Even smarter? Taking advantage of free shipping.
Cyber Monday Deals: New York & Company, Avenue, Charlotte Russe
For your shopping convenience, The Budget Fashionsta’s latest batch of Cyber Monday deals:
New York & Company: handbags up to 50% off at New York and Company. We love New York and Company for their apparel, but the accessories are worth a look too—and with handbags up to 50% off you’ll get way more bang for your…read more
Cyber Monday Deals: Steve Madden, Shopbop.com, Endless.com
More of our top deals for Cyber Monday—bookmark this page and check back for more deals before you shop!
Steve Madden: 20% off at Steve Madden with coupon code: MADDEN20 . Shoes and handbags? What else is there? Seriously, we love Steve Madden and at 20% off, we might even be able to pick up a new pair of holiday shoes for ourselves.
Thakoon Panichgul is the next designer on tap for Target’s Go International Collection. Known for his feminine take on eastern style, Thakoon’s collection for Target will be priced from $16.99-$44.99 and feature a variety of seasonal staples including flutter sleeve tees, ruffled tanks and belted shirtdresses. Stand-out pieces include a floral print canvas coat, a shibori print ¾-sleeve dress, floral print shorts and a striped pleated dress.
From the read more
From now until Dec. 31st, Kathryn and the gang at TBF will be giving away daily prizes to lucky TBF winners. Check back everyday at 9am to enter.
At midnight, one lucky TBF reader will win this prize, from Exuviance by Neostrata .
The Prize: Exuviance by NeoStrata Simply Glow Sampler Pack
Why you want this: Get your winter glow on with this sample pack of products from Exuviance by Neostrata. The pack includes the following samples: Purifying Cleansing… read more
The Deal: All denim jeans at Lane Bryant on sale for $29.99, through Dec. 7.
The Lowdown: Pick up quality plus size denim for less, with all jeans just $29.99 at LaneBryant.com (exclusions apply). Get great styles like this read more
And yet more Cyber Monday deals—don’t worry, there’s still plenty of time to shop:
Wet Seal: Today only, get 20% off the entire site Pick out whatever you want at Wet Seal, including something from Jordin Sparks new line for the retailer, and get 20% off. It’s like Christmas! Oh, wait . . .
It’s the lunch hour, meaning you have ample time to check off some of those holiday gifts for less with these Cyber Monday discounts:
Smartbargains.com: Free shipping on orders of $50 or more. Get apparel, accessories, household goods, and more, including namebrand and designer items, at smart prices indeed. Even smarter? Taking advantage of free shipping.
Gap
From now until Dec. 31st, Kathryn and the gang at TBF will be giving away daily prizes to lucky TBF winners. Check back everyday at 9am to enter.
At midnight, one lucky TBF reader will win this prize, from Donna Karan
The Prize: Donna Karan Cashmere Mist Fragrance Body Powder Compact
Why you want this: We love our readers. We really do, but it took a force of God (really Angela’s petite but surprisingly strong hands) to get Kathryn to give up… read more
