In my personal career, when expecting a raise at work, I can remember increasing my spending in anticipation of having a higher income. Although I soon learned that is not the best idea. A better idea would have probably been saving, but live and learn I guess.
Wednesday 16 November 2011
Let's Demand a Change
Many circumstances may change to cause a change in demand. We may desire a newer technology than previously available, or we may be able to afford this newer technology. Related products may change in price causing us to either purchase more or less of something. Or we may expect prices to change in the future causing us to buy now! Whatever the reason, as our demand changes, the prices of products and thereafter the supply of those products will change.
In my personal career, when expecting a raise at work, I can remember increasing my spending in anticipation of having a higher income. Although I soon learned that is not the best idea. A better idea would have probably been saving, but live and learn I guess.
In my personal career, when expecting a raise at work, I can remember increasing my spending in anticipation of having a higher income. Although I soon learned that is not the best idea. A better idea would have probably been saving, but live and learn I guess.
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