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No Purchase Club - August 2009

Francisco

Senior Member
Joined
Jul 3, 2009
Messages
728
Reaction score
10
Do you have a September club for me to join? Can't join on August..
 

poorsod

Distinguished Member
Joined
Apr 13, 2005
Messages
4,263
Reaction score
970
Are we talking only clothes and accessories? Do you include furniture, electronics and etc?
 

Big Pun

Distinguished Member
Joined
Aug 13, 2008
Messages
6,055
Reaction score
896
Originally Posted by poorsod
Are we talking only clothes and accessories? Do you include furniture, electronics and etc?
Yes, also food and water. Throw me in. Saving up for a car.
 

embowafa

Distinguished Member
Joined
Apr 21, 2008
Messages
5,654
Reaction score
59
i'm in for September.

August trip to New York essentially kills my membership.
 

Volkl

Well-Known Member
Joined
Jun 17, 2009
Messages
91
Reaction score
1
The economy is fragile and my self-restraint is weak. Both reasons suggest I should stay OUT.
 

PandArts

Distinguished Member
Joined
Jun 19, 2008
Messages
4,389
Reaction score
731
I'm in for sure!
 

Newcomer

Stylish Dinosaur
Supporting Member
Joined
Mar 30, 2009
Messages
10,404
Reaction score
27,613
I'm in, I need to start saving money for food, and other things necessary to living.
 

teddieriley

Distinguished Member
Joined
Apr 8, 2006
Messages
9,661
Reaction score
1,669
Originally Posted by Newcomer
I'm in, I need to start saving money for food, and other things necessary to living.

All overrated. Why eat if you can't look good doing it?
 

von Rothbart

Distinguished Member
Joined
Oct 29, 2004
Messages
2,460
Reaction score
17
I think August is a very challenging month but I am in. I think we should use GAAP to account for what's considered as a purchase. A purchase occurs when an obligation or liability is incurred not when a liability is settled. So it's ok to take delivery and pay for items you've already ordered but not ok if you place an order. Clothing articles purchased as gifts are exempted.
 

superfans124

Senior Member
Joined
Jun 2, 2009
Messages
311
Reaction score
0
I'm in, just placed an order for wurkinstiff collar stays for an incoming friend's birthday, no mo spending fo me, 'least not til september...
 

niwawa

Senior Member
Joined
Nov 13, 2008
Messages
288
Reaction score
2
Jeez, this reminds me of those days when my wife was taking CPA exams. All things were explained by accounting terms (not "accounting terms").


Originally Posted by von Rothbart
I think August is a very challenging month but I am in. I think we should use GAAP to account for what's considered as a purchase. A purchase occurs when an obligation or liability is incurred not when a liability is settled. So it's ok to take delivery and pay for items you've already ordered but not ok if you place an order. Clothing articles purchased as gifts are exempted.
 

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