Bellmont High School - Legend Yearbook (Decatur, IN)

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Money— it ' s easier to spend ones The ice cream-cola section of the when you have a bunch than spen- supermarket, is where most of us ding fives, tens, or twenties. find it very tempting to over spend. Cathy Loshe and Judy Banning lavishly splurge on a cartful of snacks and other grocery items, buying more than they need. 12— Impulsive Spending

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Mothers got into the act at the Homecoming pep session by giving the football team sons a big kiss. Homecoming court: Queen Rhonda Ulman, King Pat Massonne. Kerri Lingenfelter, Tony Bergman, Kris Hart, Todd Simerman, Shawney Heller, B. J. Faurote, Renee Smelser, Matt Gross. Cheryl Noonan and Matt Custer. Tricycle race participants and eager onlookers await the BANG ot the gun as part of the Homecoming Week festivities. Excited students carefully place the egg on their spoons as the egg toss race begins. Homecoming Week — 1 1

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A Lack of Discipline with Money Impulsive spending . . . nany probably think this arm is reserved for adults, rying to budget their money or needed expenses, but nany students fit into the ;ategory of an impulsive spender. It ' s defined as to ict on impulse rather than hought, or a moment of nadness, temptation, or a simple lack of discipline. But 10 matter what it is called or low it is described, it can spell TROUBLE for even the smallest budget. Impulse buying isn ' t imited to the so-called ' big-ticket items like ewelry, clothes, homes, cars and major appliances. The simplest kind of impulse buy- ng takes place in the super- markets, drugstores and i ariety stores. 113 Another kind of temptation can occur in clothing stores, like the famous saying, I just have to have a pair of Calvin Klein designer jeans even though I already have four pair of jeans that are O.K. but they aren ' t Calvin Kleins! Experts agree that the big- gest contributing factor to impulse buying is the con- sumers inability to discipline themselves in making a budget and planning for cer- tain kinds of purchases. We all know how much we can spend to live reasonably. If we can ' t afford something, then why can ' t we resist the temptation to buy it? Most impulsive spenders begin developing their spen- ding habits at an early age. What begins as a nickel and dime spending spree can lead to serious problems in later years unless help is received. There is an even more dangerous situation to im- pulse buying and that is the access of credit cards. Too many people fall into the plastic money routine, as a way to get out of spending their whole paycheck, but the sometimes enormous amounts are the real dangers. In recent months, the government has tightened restrictions on banks and lending agencies which has some what cut down on the available money to im- pulse spenders. A survey was taken on what most people do with those little pieces of paper we call paychecks. The three main answers were; gasoline, entertainment, and clothes. They were also asked when they spend the most. Some replies were: Christmas, weekends, and when I have a good paycheck. A few ideas on how to cut impulsive spending are: 1) Keep a daily log of all expenses. 2) Prepare a workable budget and stick with it. 3) Learn as much as possi- ble about a product before buying it. 4) When shopping for food never go when you are hungry. No one ever benefits in the long-run as an impulsive spender . . . they just end up with serious money problems. One of the more famous items that impulsive spenders find tempting are refreshments and snacks. Impulsive Spending — 13