What to Buy Fall 2007: A New Face

What: The New York Times recently reported on the “democractization” of cosmetic plastic surgery. It now appears that a large percentage of those who are getting cosmetic surgery are “non-wealthy”, or as I would call it, broke, folks who are using borderline predatory loans (25%+) to pay for their surgeries.

What the fashion experts say: New York Times:

“About a third of people considering plastic surgery reported average household incomes below $30,000, according to a survey conducted in 2004 for the American Society of Plastic Surgeons.”

What I say: There’s nothing wrong with freshening yourself up a bit, but it’s pretty ridiculous to spend over 1/3rd of your income on elective surgery.  Oh wait, people aren’t spending cash, their financing these procedures with loans with interest of over 25%.