Should we save or should we spend?

[GommeInc]

Spend, although I want to save so I can pay off bills and the like each month. So it's a bit of both, but more so on the spending front for me

[Ramones]

8
You cheeky little f***. Post a f****** debate then and lets see who post's the dumbest thread "KNOW TO MAN *FUC**** KIND"

You ungrateful donkey.

Edited by Wayne (Forum Moderator) Please don't be rude.

How are we supposed to debate this? theres no argument for saving.
Just go back to discuss anything aka spam and post another 'what are you getting your grandma for christmas' thread

[drama]

How are we supposed to debate this? theres no argument for saving.
Just go back to discuss anything aka spam and post another 'what are you getting your grandma for christmas' thread

ahaha so well put that's brilliant, +rep

[kk.]

well, you could argue that costumers may well expect shops to give extra discounts such as a further 20% like how m&s did for one day and so they may think they will do it again. This means they wont be spending, they will b e saving for the next bargains

[Ramones]

well, you could argue that costumers may well expect shops to give extra discounts such as a further 20% like how m&s did for one day and so they may think they will do it again. This means they wont be spending, they will b e saving for the next bargains

Thats a short term thing, and ultimately the costumers will consume more. Consumption long term will make the economy grow

[kk.]

not necessarily. people will wait until they can get the best bargain they can. If the recession lasts for more than 2 years then discounts will last for this period of time

[Ramones]

The thread isn't asking what people are likely to do, it's saying what should they do, and they shouldn't do that.
Plus alot of the 'bargain goods' will be necessity goods meaning people have to buy them, it's not a matter of timing it's about competition. If i had no cereal, and tesco were doing buy one get one free in 2 weeks, i wouldn't wait i'd just go to asda.
I'm not gonna wait 2 years to buy a new jumper or a new tv either.

[leah]

Spending more would put more money into the economy...
but it would mean you having less money when you actually need it

[camera]

It's gloomy out there. The economy is shrinking, property values are falling and stock markets are in the doldrums
.
Many people borrowed heavily during the boom, and now are tempted to pay off debt or save more for a rainy day.

i think its good to spend while during slump. that way you can help the economy get better. your advantage is that everything is cheaper

[kk.]

The thread isn't asking what people are likely to do, it's saying what should they do, and they shouldn't do that.
Plus alot of the 'bargain goods' will be necessity goods meaning people have to buy them, it's not a matter of timing it's about competition. If i had no cereal, and tesco were doing buy one get one free in 2 weeks, i wouldn't wait i'd just go to asda.
I'm not gonna wait 2 years to buy a new jumper or a new tv either.

No they're not necessary goods. Clothes shops will do it and as more people are not buying clothes which they'll throw away after a week, they will wait and buy higher quality goods which last longer. And my bad about should do etc. Of course we should buy but some people might not due to my reasons