Monday 23 January 2017

Saving Money





Times are changing and the world is advancing rapidly. The price of many assets has exponentially grown in the past few decades, thus leaving people with less money at the end of every week. It is important for us to understand the needs and desires of ourselves to fully comprehend our expenses, allowing us to take control of our spending.

Sometimes it can be very hard to distinguish a want from a need ultimately causing people to impulse buy goods or services that can create long-term financial problems.

Advertising is a large part of every day suburban city life, displayed to us through radio frequencies appliances and smart devices. If you are told about a good product or service as well as observe a good price on a product or service, the odds are you don't actually need this service. Companies and people pay to advertise products and services to make them more appealing to a target audience or general public.   

 For example you walk into your favorite appliance store and find that the television you want is on sale and has a $400 discount. Naturally you would think this is a good deal and if you ask a store person about the product you may even get a bias response so you buy the product.

If the television was originally $1500 and is now $1100 you would be buying this television and arent saving $400 you are losing $1100 instead of $1500.