Thursday, June 20, 2024

Frugal living is not good for your country?

 


One way to increase wealth is by frugal living. We have to cut some "unnecessary" spending and saving it. cutting the spending or a spending is useless when you do not save anything. you have to encouraging by save money. some cafe becomes quit. people prefer eating in home. Eating in home saves money and healthier than eating out. We can control some food that we can cook any food. we also save some dollar from it.

However, a podcast told that Japan small business decline due to frugal living style increases. The cafe become close and it is not good for some people. some people who have a cafe or some people work at there are in bad situation. the worker may get fired. I know that the consumption also increases national income. more consume, more income. in my country, there are so many people and they consume the small business food product. That can increase the other people income.

in individual, more consume, meaning you cannot save money. you decrease your wealth. off course you have to live frugal and spend only you need.