May 11, 2005

Is this extravagant spending ?

One of our badminton friend work with a reputed garment company and he informed us about the stock clearance discount sale last week on Sat and Sunday.

Myself with my roommates planned to have a visit there. The sale was organised in the parking lot of the garment office. It was much crowded and we rushed for the garments of our size and grabbed which we liked most. I could see people running literally to get the best as early as possible. As the garments displayed were of international brand I could see people rushing in, which I realized later.I couldn't believe that we spent around 11K for the garments there. I could see people purchasing about 7-8 garments on average,spending around 5K.

Wondering whether the Indians are moving out of their savings mentality?

No comments: