Comments on: The Halo Effect http://gailvazoxlade.com/blog/archives/1258 Thu, 09 Feb 2012 11:17:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tricia @ Coach Purses Boutique http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-54452 Tricia @ Coach Purses Boutique Tue, 02 Nov 2010 00:38:24 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-54452 Hi, just doing some research for my Coach Purses site. Truly more information than you can imagine on the web. Looking for something else, but nice site. Have a good day. Hi, just doing some research for my Coach Purses site. Truly more information than you can imagine on the web. Looking for something else, but nice site. Have a good day.

]]> By: Cas http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-32927 Cas Sat, 08 May 2010 11:58:31 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-32927 I think buying should be about making conscious choices -- whether those choices are influenced by finances, quality, or the product's "eco-friendliness", vs. the "just gotta have" influences. If you're buying something because you "work hard and feel that you deserve it" that's no reason at all... whether you can afford it or not. It's like the mentality of people who buy their coffee at Timmy's... they "need" their Timmy's.... never mind the environmental impact that their disposable cups are having, or their exhaust that's polluting the environment as they idle their cars in 7 minute long line-ups at the drive-thru. I think it's pure selfishness. Same as people who buy individual bottles of water. Whether you can afford it or not shouldn't be the only issue... I think buying should be about making conscious choices — whether those choices are influenced by finances, quality, or the product’s “eco-friendliness”, vs. the “just gotta have” influences. If you’re buying something because you “work hard and feel that you deserve it” that’s no reason at all… whether you can afford it or not. It’s like the mentality of people who buy their coffee at Timmy’s… they “need” their Timmy’s…. never mind the environmental impact that their disposable cups are having, or their exhaust that’s polluting the environment as they idle their cars in 7 minute long line-ups at the drive-thru. I think it’s pure selfishness. Same as people who buy individual bottles of water. Whether you can afford it or not shouldn’t be the only issue…

]]> By: Claudine Mainville http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-32896 Claudine Mainville Sat, 08 May 2010 01:46:24 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-32896 hello, i adore miss hilton. she is funny and i cannot wait to hear what she will do next! x hello, i adore miss hilton. she is funny and i cannot wait to hear what she will do next! x

]]> By: Marjory http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-31116 Marjory Tue, 20 Apr 2010 07:16:12 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-31116 I've just bookmarked this write-up in Delicious, i am grateful. I’ve just bookmarked this write-up in Delicious, i am grateful.

]]> By: Neil http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21313 Neil Mon, 14 Dec 2009 18:45:39 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21313 Many of these comments have made me very sad. This one: "Personally, I think there’s nothing wrong with buying a brand name product simply because it’s a brand name." "If you can afford it, who cares? I don’t agree about buying stuff to be someone you are not, but don’t dump on everyone who want to spend on beautiful things." The point here is that people aren't evaluating beauty, or quality or anything else. These, and many other things are valid reasons for selecting one item over the other. But whether you can afford to or not, buying something just because of the name attached to it is a waste of your money. If there is a substantive difference in looks or quality, then maybe it is worth more. But a name adds no value, so you are paying extra money for nothing. Even if you can pay for it without taking on debt, it's still wasteful. Many of these comments have made me very sad.
This one:
“Personally, I think there’s nothing wrong with buying a brand name product simply because it’s a brand name.”
“If you can afford it, who cares?
I don’t agree about buying stuff to be someone you are not, but don’t dump on everyone who want to spend on beautiful things.”

The point here is that people aren’t evaluating beauty, or quality or anything else. These, and many other things are valid reasons for selecting one item over the other. But whether you can afford to or not, buying something just because of the name attached to it is a waste of your money. If there is a substantive difference in looks or quality, then maybe it is worth more. But a name adds no value, so you are paying extra money for nothing. Even if you can pay for it without taking on debt, it’s still wasteful.

]]> By: Joseph http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21238 Joseph Sat, 12 Dec 2009 22:45:33 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21238 I used to spend $40 for a pair of Levis jeans. Now, I go to Wal Mart and spend $9.99 + tax for a pair of 'Penman' jeans. The quality of the 'Penman' jeans is just as good or even better. I used to spend $40 for a pair of Levis jeans. Now, I go to Wal Mart and spend $9.99 + tax for a pair of ‘Penman’ jeans. The quality of the ‘Penman’ jeans is just as good or even better.

]]> By: Mommy Quit Her Job http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21197 Mommy Quit Her Job Fri, 11 Dec 2009 22:41:09 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21197 Like many I used to be into designer names products. I think it was a combination of being a teenager and wanted to feel a sense of belonging and also because I wanted to be just like all the celebrities I was infatuated with. I think many people (myself included) grow out of this and it's just a stage. I no longer care about designer things and look for quality, good workmanship and affordability. Probably because I'm a mom now and I'm trying to stretch my money as far as it can go. @Rita, I love this "If I look well dressed and my clothes are comfortable and give me 4 to 5 years of usage, why should I spend ridiculous amounts of money for a brand name? It’s only stuff after all."! Like many I used to be into designer names products. I think it was a combination of being a teenager and wanted to feel a sense of belonging and also because I wanted to be just like all the celebrities I was infatuated with.

I think many people (myself included) grow out of this and it’s just a stage. I no longer care about designer things and look for quality, good workmanship and affordability. Probably because I’m a mom now and I’m trying to stretch my money as far as it can go.

@Rita, I love this “If I look well dressed and my clothes are comfortable and give me 4 to 5 years of usage, why should I spend ridiculous amounts of money for a brand name? It’s only stuff after all.”!

]]> By: Aaron @ Clarifinancial http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21150 Aaron @ Clarifinancial Fri, 11 Dec 2009 14:09:15 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21150 Throwing it in the face of neigh-sayers: "In fact, we’ll even deny it’s operating as we plunk down our money." Powerful words. The simple beauty of your site excites me. I don't know why it took me this long to find a link to it, but I will have to visit more often. Throwing it in the face of neigh-sayers: “In fact, we’ll even deny it’s operating as we plunk down our money.” Powerful words.

The simple beauty of your site excites me. I don’t know why it took me this long to find a link to it, but I will have to visit more often.

]]> By: Weekly Round Up – Halo Effect, Year-End Deadlines & More http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21132 Weekly Round Up – Halo Effect, Year-End Deadlines & More Fri, 11 Dec 2009 11:01:42 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21132 [...] driven and often we are unaware of them, Gail discusses one very prominent psychological phenomena; The Halo effect. Of course as a behavioral finance enthusiast this was my favorite piece of the [...] [...] driven and often we are unaware of them, Gail discusses one very prominent psychological phenomena; The Halo effect. Of course as a behavioral finance enthusiast this was my favorite piece of the [...]

]]> By: Canadian Personal Finance Blog » Blog Archive » Random Thoughts: I Dare You! http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21122 Canadian Personal Finance Blog » Blog Archive » Random Thoughts: I Dare You! Fri, 11 Dec 2009 07:10:45 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21122 [...] Vaz-Oxlade talks about the Halo Effect which causes folks to buy things (something that does happen at Christmas) on the basis of the [...] [...] Vaz-Oxlade talks about the Halo Effect which causes folks to buy things (something that does happen at Christmas) on the basis of the [...]

]]> By: Rita http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21112 Rita Fri, 11 Dec 2009 03:25:15 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21112 Guess I was born in the wrong era because I don't have a clue as to what are designer brands/items, never have and likely never will. I wouldn't recognize a Louis Vuitton purse or any of these other fashion items and frankly don't care if someone owns one or not. If you can afford it fine, but are you buying it for the name/prestige or because the item gives good value? If I look well dressed and my clothes are comfortable and give me 4 to 5 years of usage, why should I spend ridiculous amounts of money for a brand name? It's only stuff after all. Guess I was born in the wrong era because I don’t have a clue as to what are designer brands/items, never have and likely never will. I wouldn’t recognize a Louis Vuitton purse or any of these other fashion items and frankly don’t care if someone owns one or not. If you can afford it fine, but are you buying it for the name/prestige or because the item gives good value?

If I look well dressed and my clothes are comfortable and give me 4 to 5 years of usage, why should I spend ridiculous amounts of money for a brand name? It’s only stuff after all.

]]> By: zud http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21086 zud Thu, 10 Dec 2009 22:04:31 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21086 i found this post to be very confusing, i'm not really sure what the message is. so based on the study, if you find someone likeable you will rate them high in other categories. so if i think a celebrity is great, therefore their clothes must be great and i must buy them too? i don't think this is necessarily why ppl buy expensive items, tho perhaps for some. if i buy a louis vouton purse i'm not saying to the rest of you, hey i'm just as great as sarah jess parker, i'm probably saying hey look at me i'm rich and fabulous! i want you to look at my clothes or car, then assume that i'm rich then also make the further assumption that i got this way by being smart, sucessful, intelligent, i'm a great leader etc.. and i may be none of those things, but i still want you to think that about it. but what if i am intelligent, sucessful, have a great career, make lots of money? some ppl want to show that off externally by driving a nice car, living in a grand house and i agree with alot of commentors that if you can afford it and it floats your boat then do it. i found this post to be very confusing, i’m not really sure what the message is. so based on the study, if you find someone likeable you will rate them high in other categories. so if i think a celebrity is great, therefore their clothes must be great and i must buy them too?

i don’t think this is necessarily why ppl buy expensive items, tho perhaps for some. if i buy a louis vouton purse i’m not saying to the rest of you, hey i’m just as great as sarah jess parker, i’m probably saying hey look at me i’m rich and fabulous! i want you to look at my clothes or car, then assume that i’m rich then also make the further assumption that i got this way by being smart, sucessful, intelligent, i’m a great leader etc..

and i may be none of those things, but i still want you to think that about it. but what if i am intelligent, sucessful, have a great career, make lots of money? some ppl want to show that off externally by driving a nice car, living in a grand house and i agree with alot of commentors that if you can afford it and it floats your boat then do it.

]]> By: Diana http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21023 Diana Thu, 10 Dec 2009 05:15:39 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21023 I am with Geoff on most of the posts. If you can afford it, who cares? I don't agree about buying stuff to be someone you are not, but don't dump on everyone who want to spend on beautiful things. I have a Louis Vuitton purse which I love, it is very well made and is the exact perfect purse in size and style. I also have a $900 dress coat that I purchased 3 yrs ago. It is beautifully made, fits perfectly, drapes in the right places and doesn't pill. I will wear it for years to come. I will not apologize for spending on investment pieces that I will have for years. Cheap shoes don't fit and don't wear well, cheap pots/knives do the job but not without aggravation. Not all "bargains" are in fact bargains if they need to be replaced frequently or are not used because they don't work well. Please remember there is a societal price for buying $1 store items. I think I repeat myself everytime there is a post like this because I feel like people who enjoy beautiful things are portrayed as selfish or superficial. Excuse my repetition and defensiveness. Perhaps Gail's new show is more about young people who think they are deserving of fabulous lucre merely by gracing people with their presence, rather than working hard and earning things. Just be true to yourself, you are more than a sum of your stuff and don't spend more than you have!! I am with Geoff on most of the posts.
If you can afford it, who cares?
I don’t agree about buying stuff to be someone you are not, but don’t dump on everyone who want to spend on beautiful things.
I have a Louis Vuitton purse which I love, it is very well made and is the exact perfect purse in size and style. I also have a $900 dress coat that I purchased 3 yrs ago. It is beautifully made, fits perfectly, drapes in the right places and doesn’t pill. I will wear it for years to come.
I will not apologize for spending on investment pieces that I will have for years.
Cheap shoes don’t fit and don’t wear well, cheap pots/knives do the job but not without aggravation. Not all “bargains” are in fact bargains if they need to be replaced frequently or are not used because they don’t work well.
Please remember there is a societal price for buying $1 store items.
I think I repeat myself everytime there is a post like this because I feel like people who enjoy beautiful things are portrayed as selfish or superficial.
Excuse my repetition and defensiveness. Perhaps Gail’s new show is more about young people who think they are deserving of fabulous lucre merely by gracing people with their presence, rather than working hard and earning things.
Just be true to yourself, you are more than a sum of your stuff and don’t spend more than you have!!

]]> By: Saver Queen http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21021 Saver Queen Thu, 10 Dec 2009 03:36:37 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21021 Geoff - love the Simpsons reference! Personally I think the point of this post was to this: it's all about having a better understanding of how and why we make decisions. Reflecting on our own psychology and the various influences that ultimately lead to a purchase is healthy and helpful and it's certainly preferable to reacting impulsively. This goes particularly for individuals who may not put a whole lot of thought into how they shop or what they buy, and may have problems defining needs and wants. Geoff – love the Simpsons reference! Personally I think the point of this post was to this: it’s all about having a better understanding of how and why we make decisions. Reflecting on our own psychology and the various influences that ultimately lead to a purchase is healthy and helpful and it’s certainly preferable to reacting impulsively. This goes particularly for individuals who may not put a whole lot of thought into how they shop or what they buy, and may have problems defining needs and wants.

]]> By: Leany http://gailvazoxlade.com/blog/archives/1258/comment-page-1#comment-21017 Leany Thu, 10 Dec 2009 01:30:35 +0000 http://gailvazoxlade.com/blog/?p=1258#comment-21017 There was a point in my life where I was not able to buy name brand food items or designer clothing. Now that my husband and I have both very good jobs, small mortgage and no debt, we enjoy the finer things in life and buy items to reflect that. One thing I will not do is buy our 2 children alot of brand name clothes. They have a few good outfits but their everyday play clothes come from Target or Old Navy, great prices, pretty good quality for clothes that will get ruined anyway and eventually tossed. There was a point in my life where I was not able to buy name brand food items or designer clothing. Now that my husband and I have both very good jobs, small mortgage and no debt, we enjoy the finer things in life and buy items to reflect that. One thing I will not do is buy our 2 children alot of brand name clothes. They have a few good outfits but their everyday play clothes come from Target or Old Navy, great prices, pretty good quality for clothes that will get ruined anyway and eventually tossed.

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