Explain you answer.
2006-06-09 08:33:43 · 9 answers · asked by kevs_cutie 2 in Business & Finance ➔ Other - Business & Finance
Yes, we didn't have alot of money or credit before and just scraped by. Now, we make more money and spend more. We always make enough to cover the bills, with money left over.
2006-06-09 08:36:26 · answer #1 · answered by Stacy R 6 · 0⤊ 0⤋
To a degree, yes. If you barely make enough to survive, you spend it. If you have a little more and can have a nicer house or better food, you spend that. At some point, you can start saving, but still will probably spend more in order to improve your life style.
At some point, you reach either your saturation point with material goods and save the rest, or just make too damn much and can't really spend it all (e.g. Bill Gates, Larry Ellison, Warren Buffett).
2006-06-09 18:27:57 · answer #2 · answered by Karl the Webmaster 3 · 0⤊ 0⤋
Yes.
You get a small apartment - you'll fill it up with all your stuff.
You get a larger apartment - it won't take long to fill that.
Then a house.
The garage.
The attic.
Now you're buying a SHED!
American's are bad about this.
If they have $10 - they'll spend $9.
If they have $100 - they'll spend $99.
We're always pushing the limits.
As soon as you get a raise - you buy a new car. That new car costs more than the old one and so you really didn't get a raise ... all you got was a new car.
Spend Spend Spend!
2006-06-09 15:39:26 · answer #3 · answered by mcdane01 4 · 0⤊ 0⤋
I don't believe it, I KNOW it. Having worked at a finance company, I've seen it.
When most people get any kind of pay raise, they immediately look for ways to spend it to impress their friends. They get a bigger house, newer car, whatever they can now afford to spend the extra money on; the fancier, the better.
Also, here's another little fun fact for you: In the U.S., the average person spends $1.25 for every $1 of income.
2006-06-09 15:42:00 · answer #4 · answered by The_Mystic 3 · 0⤊ 0⤋
In a way because if you have money and you save it then heck yeah you can spend it. We save up our money and the more my parents make and save the more we have to spend. So in a way it is true.
2006-06-09 15:37:14 · answer #5 · answered by QTPie- Angel 2 · 0⤊ 0⤋
Yes and no because the poor smart people will spend less but the stupid poor people will charge it on credit cards. And the people with more money will buy gucci, prada, Louis Vuitton etc.
2006-06-09 15:41:32 · answer #6 · answered by funkyfresh 4 · 0⤊ 0⤋
Absolutely. We are all programmed to spend, spend, spend and buy the things we want. If you make more, you can afford more, so you spend more. Bigger money means bigger bills.
2006-06-09 15:37:29 · answer #7 · answered by Tangled Web 5 · 0⤊ 0⤋
yes i got 2 kids and i spend more now then before i got 2$ rais
2006-06-09 15:37:44 · answer #8 · answered by jay 2 · 0⤊ 0⤋
yes, i think it true....the family can afford to spend more if they make more. I believe most people adjust their spending proportionately to their wages.
2006-06-09 15:37:39 · answer #9 · answered by EVIL EMPIRE 2 · 0⤊ 0⤋