Banks Fake Santa Claus

-

2020 Pandemic. Santa keep your distance.

Banks always sharpen their claws in November in preparation for Black Friday sales, but they won’t get me. I’m wearing a solid Wakanda Forever mask for protection.

It’s an open secret that I’m not a scientist although my mother was. Don’t sleep in the sun, you’ll get sick. Mama was a scientist but it doesn’t need rock science to know why banks increase the credit card limit in November. You’ve also noticed an avalanche of offers for new cards.

Advertising tells us it is the season to be merry, to shower family and friends with love, starting with Black Friday. That is old news because department stores have buying incentives called ‘family and friends.’ I don’t understand it. Who else do we buy for? My aunts and uncles bought things for us all the time.

Banks are fake Santa because they increase the credit card  limit for one selfish reason: interest. They know we swipe and tap it away then fail to make the minimum $20 monthly payment. It’s our reality because kids go back to school in January and they need this and that.

Guess what? Teachers also tell them they need laptops. Laptops for four kids? How is that possible if both parents are in part time minimum wage jobs? If banks want to play Santa, they must increase credit card limits in January.

Some people ignore the increase because they are still paying interest from last year’s Christmas shopping.

By: Nonqaba waka Msimang.

Comments

Post a Comment

Popular posts from this blog

Elections And Political Bullies

-
Image
Forget democracy.   It should be called political bullying. We are watching it in the prelude to the Canadian election on the 19 th of October, 2015.   Americans have also started their political bullying for the looming presidential election next year. So many trees wasted on books about democracy.   Some countries have big budgets for invading other countries ‘ to defend democracy’ but it is seldom practised in campaigning for elections.   Calling opponents names and printing flyers attacking each other is behaviour that will not be tolerated in kindergarten, but it is all legal, in campaigning.   It is irritating and such a let-down to the whole notion of democracy.   Grown-up men and women behaving like Grade One kids. It is also misleading because many voters believe it is real hatred.   Don’t let that fool you.   These politicians play golf together, attend the same dinner parties, eat and drink at the same social events, share jokes and cut deals in parliament.   They
Read more

Comfort Food As Regret Food

-
Image
Chicken curry. Comfort food is good for the soul, which usually bleeds in winter from icy roads, bad drivers that want to annihilate pedestrians, frozen fingers and toes that take a sabbatical.   What happened to my toes?   I thought I was wearing special socks for boots? We therefore have a right to comfort food which throws doctors’ orders out of the window and has no loyalty to calories.   No calculator on the table, thanks very much.   Piece of bread 5 calories, half a banana 10 calories, sugar-free cheesecake 2,000 calories.   Ah! Ah!  We only live once. Naw!   Comfort food is old school food with its compulsory second helping.   It involves licking fingers and giving a big sigh, about the good life, which is shelter, food, love and debt.   The problem is the zip.   The jeans remind you that comfort food can also be called you will regret food .   Home sweet home is even sweeter in winter after surviving blowing snow and bumper to bumper traffic. What is more welcoming th
Read more

No Air Miles

-
Image
I don’t have Air Miles.   I’m considering putting that on a T-Shirt because I cannot go to the drugstore (chemist) or coffee shop without the cashier asking me if I have air miles. We waited for about two minutes the other day, while this guy looked for his Air Miles card in his overweight wallet.   For what?   For a few points. I don’t have air miles because Mathematics is a foreign language.   I was never good in numbers. That is why I squashed the idea of being an investment banker very early in life.   I understand you can invest in cornfields before the soil is turned up or pork bellies even before a baby pig is born. That is how I view air miles, investing in tomorrow or the unknown.   I’m the dumb one.   Some people understand this air miles’ thing so well, I overheard one customer saying: I can even convert my points into cash. Points and air miles are the same thing in Canada and the U.S.   Drugstores or clothing stores even give you a card to collect point
Read more