I think we can do both: support our household savings and do good for the economy. For me, living in a fairly small town, it's also important to support our local businesses. I have some credit card debt so a lot of people would say, don't spend. I'm careful with my spending but I do enjoy shopping (definitely not a shopaholic). I received a message this weekend that a fairly new local store I like was having a big sale. I bought a few things that probably weren't mandatory but 1. It supported the store (many stores here have closed), I got good discounts on things that, while we didn't absolutely need right now, we will down the track. 3. I had fun and I will enjoy the things I've bought.
Great article. I won’t choose to read topics like this normally but your title attracted me.
If you’re interested I can add my reason: I save because I want to be independent and break free from the establishment.
I do t appreciate the economic model that givens the world today which is based on debt and encourage people to get into debt. Because that bent is not just financial. People become enslaves to systems and eventually can’t get access to what they need - including basics such as food, shelter and medicine.
If I can live an independent life than I can help create a different economy, or at least support a momentum, an economy that I believe would benefit people rather than singular rich corporates and single individuals
You’re the person I write for. Someone who wants to change things, even how we view the economy. To do that, I think you need to understand how the economy works first.
nice article emphasizing to us that saving is better for us as it allows us a cushion for anything unexpected in life and the ability to make big purchases for significant things like a house even if it means decreasing the global domestic product by decreasing household spending! ⭐️
I think we can do both: support our household savings and do good for the economy. For me, living in a fairly small town, it's also important to support our local businesses. I have some credit card debt so a lot of people would say, don't spend. I'm careful with my spending but I do enjoy shopping (definitely not a shopaholic). I received a message this weekend that a fairly new local store I like was having a big sale. I bought a few things that probably weren't mandatory but 1. It supported the store (many stores here have closed), I got good discounts on things that, while we didn't absolutely need right now, we will down the track. 3. I had fun and I will enjoy the things I've bought.
These are the kinds of stories I love to hear!
Great article. I won’t choose to read topics like this normally but your title attracted me.
If you’re interested I can add my reason: I save because I want to be independent and break free from the establishment.
I do t appreciate the economic model that givens the world today which is based on debt and encourage people to get into debt. Because that bent is not just financial. People become enslaves to systems and eventually can’t get access to what they need - including basics such as food, shelter and medicine.
If I can live an independent life than I can help create a different economy, or at least support a momentum, an economy that I believe would benefit people rather than singular rich corporates and single individuals
BTW, stay tuned for part 2!
Wow Shelly! I applaud your commitment to change.
You’re the person I write for. Someone who wants to change things, even how we view the economy. To do that, I think you need to understand how the economy works first.
nice article emphasizing to us that saving is better for us as it allows us a cushion for anything unexpected in life and the ability to make big purchases for significant things like a house even if it means decreasing the global domestic product by decreasing household spending! ⭐️
Thank you.
Good basics, Nikki, especially for people starting out.
Thank you!