Last-Minute Christmas Shopping?
Here's why we wait so long to buy gifts.
You're all too familiar with the swamped stores and panicked patrons. You had a whole year to stock up but lo-and-behold, it's A DAY until Christmas and you still have a checklist full of presents to buy. Sound familiar? Turns out there are reasons we wait so long.
Millions shop last minute
If you're a gifter who finished their Christmas shopping, go and smugly sip some eggnog or something. For the rest of us, you're not alone. It was reported in 2011 that 24 million Americans waited until the day before Christmas to shop. ABC News
explained, many of those 24 million retailers "have suffered through the recession [and] were hoping and praying for enough of a buying -- to give them a big year end bottom line."
One-fifth of Americans procrastinate
About 20% of Americans are chronic procrastinators, said Joseph Ferrari, a professor of psychology at DePaul University in Chicago. Research has linked chronic procrastination to personality issues like attention deficit-hyperactivity disorder, passive-aggressive tendencies, revenge, and obsessive compulsive disorder. Serious procrastination, said Ferrari, is an active decision to not act. [via TIME
Decisions, decisions, decisions
“We know that some people put it off because it’s too difficult and they’re indecisive. Or they don’t want to spend a lot of time and effort,” Karen Pine, a professor of psychology at the University of Hertfordshire in Hertfordshire, England told TIME. Pine, who studies the psychology behind giving gifts, added that “many people get overwhelmed by all the choice that’s available and decision paralysis sets in; they literally can’t do anything because they can’t decide. So they wait until the last minute when they simply have to make a choice.”
Or we're just lazy
Sometimes we just don't bother shopping because we can't be asked. “Someone who isn’t so bothered about the meaning of the present, doesn’t feel it’s worth all the effort, and may leave it to the day before Christmas, and leave it to one shop and pick whatever is on the shelf,” Pine said.
In a last-minute bind? Strategies for procrastinators
1. Take advantage of one-day delivery services online. Some stores also let you order online or phone and swing by the store for pick-up.
2. Your friends at Loop have compiled a list of businesses still open on Christmas
3. Hire someone to do it. As a different ABC News report suggested, "Task Rabbit — the service that lets you hire errand runners all across the country. Their staffers are ready to shop, wrap and deliver the gifts you waited too long to get.
Do you wait until the last minute to shop?
How much people are spending, and much you should be spending.
With all of this talk around the economy and many being out of work, there sure is a lot of money coming out of consumer's pockets. As usual, people are spending out of their minds this Christmas season to buy stuff for people they might not even like or be with come Valentine's Day. Loop 21...