The buzz: Catastrophes, shopping and taxes

Dec. 30, 2011 at 10:09 AM ET

This is the time of year when many people are thinking about joy, giving, goodwill and other messages of cheer.

But if you were the type to let your mind wander toward potential catastrophe, apparently you’d be worried about the economy.

A Life Inc. post this week about what worries us most — that would be economic collapse — got many readers talking about why economic issues are such a big source of worry.

“Isn't it always about the economy? Folks vote with their wallets. If the economy is strong then everything else is fixable,” one reader noted.

Is the post-holiday season a time to go shopping, or hide the credit card to avoid your own personal economic collapse?

The day after Christmas may bring some bargains, but Life Inc. readers were about equally divided on whether it’s worth it to hit the stores on Dec. 26.

For some, it’s a chance to snag yet more bargains.

“I avoid Christmas season shopping. Making smart purchases during the Black Friday and post-Christmas sales is the way to go,” one reader wrote.

But others said they’d had enough of consumerism for a while.

“Spent too much at Christmas. There is nothing I need that cannot wait. I didn't charge anything this Christmas (and) would have to now,” another reader wrote.

With the holiday season coming to a close, many are already turning their thoughts to … tax season!

For most Americans — and most readers — filing taxes this year will involve turning on the computer.

Many readers said they like the convenience of electronic filing, which usually means you get your refund faster. But there are some inconveniences to living in the electronic age.

“Hopefully, I can find last year's log in password,” one reader wrote.

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