Sometimes A Splurge Is Good For Your Health

The economic pundits couldn’t disagree more on how to fix the economy. Most agree, however, that at least part of the crisis was due to consumer overspending and under-saving. Folks thought the equity in their houses would continue to rise forever, so they used that equity, often with disastrous results. But now the experts tell us that people have to start spending again (buy cars! go out for dinner!) so the economy will recover. It’s enough to make anyone feel guilty and confused about spending on anything that’s not an absolute necessity. But sometimes a small splurge is good for...

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