running out of cash (?)
at the moment.. sales are everywhere, and we are encouraged to spend.. apparently to boost the economy. but for us (consumers) who are running low on cash and/or plastic money (credit cards), and only earn a certain fixed amount of income monthly and on top of that do not have any additional income, should we actually participate in this 'boosting economy activity' ? who is going to refill our cash out flow ?
so the thought is, only if/when i'm running some kind of a business, small/big.. then i wouldn't mind spending during this period ( 'boosting economy activity'-period ). because although money is going out, money is coming in as well. but since i'm just a 100%-at-all-time-a-consumer and do not run any business or have any extra income other than my fixed salary.. then i will just hold back all the cash to myself. thank you.
currently i'm only spending on meals.. and refraining myself from any sales/bargains.. and not even stepping my foot at any sales location. i don't want to even know what 'i'm missing'.. so they say. that is because sales/bargains happens too frequently for the past few years.. many are just at an interval of two weeks/a month. it doesnt seem like anything special anymore. you missed one sale, another sale is just 2 to 4 weeks later.
and then, there's this issue of price mark-ups. the thing they (the shops) do when there are just too frequent sales.. i started to notice that some shops will mark-up the prices and then give discounts. which at the end of the day, they (the shops) are selling things at their normal retail price or in some cases actually make profit out of it. while for the consumers they'll be rushing for the sales thinking that it's a really good buy after seeing the tags stating ' 30% off ', ' 50% off ', ' 70% off '.. ' buy 1 free 1 ', ' buy 2 free 1 ', ' puchase with purchase ', ' 3 for the price of 2 ', ' free gifts with every purchase of some thing '.. etc.. and the list goes on. some of these things are actually cheaper during non-sales time.only frequent shoppers or those who would frequently go around window shopping will notice these price change/cheat.
ok, i'm off to lunch.
so the thought is, only if/when i'm running some kind of a business, small/big.. then i wouldn't mind spending during this period ( 'boosting economy activity'-period ). because although money is going out, money is coming in as well. but since i'm just a 100%-at-all-time-a-consumer and do not run any business or have any extra income other than my fixed salary.. then i will just hold back all the cash to myself. thank you.
currently i'm only spending on meals.. and refraining myself from any sales/bargains.. and not even stepping my foot at any sales location. i don't want to even know what 'i'm missing'.. so they say. that is because sales/bargains happens too frequently for the past few years.. many are just at an interval of two weeks/a month. it doesnt seem like anything special anymore. you missed one sale, another sale is just 2 to 4 weeks later.
and then, there's this issue of price mark-ups. the thing they (the shops) do when there are just too frequent sales.. i started to notice that some shops will mark-up the prices and then give discounts. which at the end of the day, they (the shops) are selling things at their normal retail price or in some cases actually make profit out of it. while for the consumers they'll be rushing for the sales thinking that it's a really good buy after seeing the tags stating ' 30% off ', ' 50% off ', ' 70% off '.. ' buy 1 free 1 ', ' buy 2 free 1 ', ' puchase with purchase ', ' 3 for the price of 2 ', ' free gifts with every purchase of some thing '.. etc.. and the list goes on. some of these things are actually cheaper during non-sales time.only frequent shoppers or those who would frequently go around window shopping will notice these price change/cheat.
ok, i'm off to lunch.
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