Today the percentage of people saving money in the U.S. for the future is approximately minus 2% compared to other countries such as China or European countries. People go and buy name brand products that's made in somewhere like China for a few dollars and sold in the USA for hundreds or even thousands of dollars.
2007-11-16 03:24:36 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
AMEN!
It's funny, the lower the self esteem of a person, the more they feel that have to give. And usually these people feel that instead of one NICE gift, they have to give a lot of cheap junk.
2007-11-16 04:03:14 · answer #1 · answered by Anonymous · 0⤊ 1⤋
There is a happy medium in life. Spend some and save some. Not all people spend money on junk at Christmas. Some of us are very savy shoppers and get great deals because of the Christmas sales.By saving this money we are able to save and invest more for our future. I would love to buy things that are made in the USA but they are very expensive and hard to find. Companies want a profit so they find the cheapest manufacturer.
2007-11-16 03:34:57 · answer #2 · answered by Diane M 7 · 0⤊ 0⤋
I am 64 and already in my future. The money I saved is now being spent on what I want and who I want
2007-11-16 03:34:01 · answer #3 · answered by EnglishDenis 3 · 1⤊ 0⤋
With inflation at 6%, and savings accounts paying only 5%, to save is to lose money.
2007-11-16 03:39:19 · answer #4 · answered by Feeling Mutual 7 · 2⤊ 0⤋
People aren't "stupid" - they get swept up in the holiday spirit.
Most people like to make their friends and family happy and the holiday is a time to do that.
If you're above that, try not to bring other people down with your negative attitude.
Good luck.
2007-11-16 03:35:21 · answer #5 · answered by MARY N 4 · 0⤊ 1⤋
It doesn't make much sense to deprive yourself now...in the chance that u even live long enough to enjoy your savings
2007-11-16 04:47:24 · answer #6 · answered by riya 4 · 0⤊ 1⤋
If you don't like it here move to China
2007-11-16 03:32:35 · answer #7 · answered by nice3fishinggal 6 · 1⤊ 2⤋
It's possible to do both, it's just not as fun.
2007-11-16 03:35:11 · answer #8 · answered by Bonnie L 5 · 0⤊ 1⤋
You can't take the money with you when you die.
2007-11-16 03:34:43 · answer #9 · answered by Anonymous · 1⤊ 1⤋
What does that have to do with Christmas?
2007-11-16 03:32:30 · answer #10 · answered by Janell T 6 · 1⤊ 1⤋