After months of eyeing a black Chanel tote at Saks Fifth Avenue, Shalla Azizian was ready to splurge. Instead of charging the US$2,000 bag to a credit card, Azizian, a lingerie boutique owner in Manhattan, discreetly plunked down a stack of crisp bills she brought for the purchase.
Through her store, Pesca, Azizian has earned her financial independence, but to avoid the disapproval of her husband of 27 years, she adopts a low profile by using cash.
"His tastes aren't as expensive as mine, and he doesn't understand the need to have so many pricey things," Azizian, 50, said.
PHOTO: NEW YORK TIMES
Though this is 2007, not 1957, the age-old practice of women disguising personal indulgences by paying in cash persists -- even though the majority of women in the US today earn a salary.
Women cite a variety of reasons. Some, like Azizian, hope to head off an argument with a penny-pinching husband or boyfriend. Others feel guilty spending lavishly on themselves, and so they prefer to pay with cash, which is more easily forgotten than a monthly reckoning.
While hard data is difficult to come by, the number of women paying in cash for designer goods has increased in recent years, according to retail analysts and interviews with 10 upscale boutique owners nationwide.
Marshal Cohen, an analyst for NPD Group, a market research firm that conducts 45,000 online interviews about consumer habits each week, said women reported paying with cash to disguise purchases as low as US$150 and as much as US$10,000.
Howard Davidowitz, who has studied consumer habits firsthand for decades, said that in the last three years he has seen more cash purchases at luxury boutiques like Louis Vuitton and semiluxury chains like Coach. Davidowitz, chairman of Davidowitz & Associates, a retail consulting firm, suspects now that US$2,000 handbags and US$700 shoes are common, more women pay in fresh bills to cover their tracks.
Women purchase about 65 percent of luxury goods, according to Unity Marketing, a consulting firm.
These purchases harken back to a time when far fewer women worked and in some cases received allowances from their husbands, whose hold on the family purse strings enforced their power as head of household.
But today, even though about 56.2 percent of women 16 and older work and though marriage has become much more of a partnership of equals, a surprising number of women still find it necessary to hide how much they spend on personal items, especially stereotypical female indulgences like clothing.
"Women have this fear about their spouse's reaction to their shopping bills," said Amy DiFrisco, who was a witness to cash buying as a personal shopper at Bergdorf Goodman for nearly a decade.
DiFrisco, who has been married for 17 years, has her own bank account and credit cards, but even she uses cash sometimes for an expensive indulgence.
It's not just married women who make purchases on the sly. Amy Butewicz, 23, a pharmacy student who lives with her parents in South River, New Jersey, pays cash for half of her indulgences, such as her new Louis Vuitton agenda.
She plays down her taste for luxury items to her boyfriend, who prefers Old Navy.
"If he was more into designer stuff, I don't think I'd have to hide as much, but I feel so guilty," said Butewicz, who uses money earned from a part-time job.
Marlin Potash, a psychologist in Manhattan who frequently addresses financial issues in her practice, said that even if a couple's money is not pooled, women fear that men may be dismissive of their spending.
At a time when women make up close to half the labor force and hold executive-level jobs, the notion of hiding purchases may seem antiquated, even perverse.
"Traditionally, women are supposed to be altruistic and put others first and aren't supposed to lavish on themselves," said Kathleen Gerson, a professor of sociology at New York University and an author of The Time Divide: Work, Family, and Gender Inequality.
Women hide their personal purchases to cope with this labeling, she said.
SECURITY: As China is ‘reshaping’ Hong Kong’s population, Taiwan must raise the eligibility threshold for applications from Hong Kongers, Chiu Chui-cheng said When Hong Kong and Macau citizens apply for residency in Taiwan, it would be under a new category that includes a “national security observation period,” Mainland Affairs Council (MAC) Minister Chiu Chui-cheng (邱垂正) said yesterday. President William Lai (賴清德) on March 13 announced 17 strategies to counter China’s aggression toward Taiwan, including incorporating national security considerations into the review process for residency applications from Hong Kong and Macau citizens. The situation in Hong Kong is constantly changing, Chiu said to media yesterday on the sidelines of the Taipei Technology Run hosted by the Taipei Neihu Technology Park Development Association. With
CARROT AND STICK: While unrelenting in its military threats, China attracted nearly 40,000 Taiwanese to over 400 business events last year Nearly 40,000 Taiwanese last year joined industry events in China, such as conferences and trade fairs, supported by the Chinese government, a study showed yesterday, as Beijing ramps up a charm offensive toward Taipei alongside military pressure. China has long taken a carrot-and-stick approach to Taiwan, threatening it with the prospect of military action while reaching out to those it believes are amenable to Beijing’s point of view. Taiwanese security officials are wary of what they see as Beijing’s influence campaigns to sway public opinion after Taipei and Beijing gradually resumed travel links halted by the COVID-19 pandemic, but the scale of
A US Marine Corps regiment equipped with Naval Strike Missiles (NSM) is set to participate in the upcoming Balikatan 25 exercise in the Luzon Strait, marking the system’s first-ever deployment in the Philippines. US and Philippine officials have separately confirmed that the Navy Marine Expeditionary Ship Interdiction System (NMESIS) — the mobile launch platform for the Naval Strike Missile — would take part in the joint exercise. The missiles are being deployed to “a strategic first island chain chokepoint” in the waters between Taiwan proper and the Philippines, US-based Naval News reported. “The Luzon Strait and Bashi Channel represent a critical access
Pope Francis is be laid to rest on Saturday after lying in state for three days in St Peter’s Basilica, where the faithful are expected to flock to pay their respects to history’s first Latin American pontiff. The cardinals met yesterday in the Vatican’s synod hall to chart the next steps before a conclave begins to choose Francis’ successor, as condolences poured in from around the world. According to current norms, the conclave must begin between May 5 and 10. The cardinals set the funeral for Saturday at 10am in St Peter’s Square, to be celebrated by the dean of the College