"It is very easy to spend your entire amount of money within a day while it is relatively hard to live economically and save what is left after paying for the necessity" Photo source: http://saveup.com Basic concept of economics gives you an answer why most people cannot save. Law of demand is applied here. The first thing you should know is the price of rationally economical living. If you live economically or you pay nothing for luxury or unnecessary goods, for example, an exorbitant dinner or new launched dress, you may lose your good image or have to swallow your pride. Thus, the price of being thrifty people is compensated with self behavior. People nowadays try at their utmost to look good and have a perfect picture so as to gorgeously stand in society . They want to be someone in the community. There are many people willing to get into debt by using credit card for buying beautiful pants or shoes and enjoying the five s...
Short articles on Thai economy