Confession: I liked 'Shopaholic'

This chick flick may not be entirely practical, but it's surprisingly fun. Plus, read the true confessions of a young adult adjusting to life on a budget in the real world.

One of my colleagues here at Kiplinger suggested that I take in the movie "Confessions of a Shopaholic" and write about my impressions. I guess she figured I was eminently qualified to weigh in on a number of points (aside from whether I liked the film).

As a financial expert -- and, presumably, the sober voice of responsibility -- I could point out that credit cards are not "magic," as the movie's heroine, Rebecca Bloomwood, believes (she carries 12 cards, all of them maxed to the limit).

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Janet Bodnar

Janet Bodnar is editor-at-large of Kiplinger's Personal Finance, a position she assumed after retiring as editor of the magazine after eight years at the helm. She is a nationally recognized expert on the subjects of women and money, children's and family finances, and financial literacy. She is the author of two books, Money Smart Women and Raising Money Smart Kids. As editor-at-large, she writes two popular columns for Kiplinger, "Money Smart Women" and "Living in Retirement." Bodnar is a graduate of St. Bonaventure University and is a member of its Board of Trustees. She received her master's degree from Columbia University, where she was also a Knight-Bagehot Fellow in Business and Economics Journalism.