Discuss what motives consumers have for deciding whether to spend or save. [ 6marks]
5.Discuss what motives consumers have for deciding whether to spend or save. [6marks]
There are various motive consumers have for deciding whether to spend or save. Firstly the amount of disposable income. The more income consumers have, the more he or she will be willing to spend. The same thing happens to saving also.Secondly consumers do spent for the education of their own children and relatives and on the other hand they save income for the unforeseen expenses such as accidents, sickness etc. Thirdly consumers spend more of their income if they anticipate inflation in near future in order to avoid loss in their purchasing power. On the other hand the amount of saving is very much influenced by the bank interest rates. The more the saving interest rates, the more the savings will be.
TESTIMONY ON HOW I GOT MY LOAN AMOUNT FROM A RELIABLE AND TRUSTED LOAN COMPANY LAST WEEK. Email for immediate response drbenjaminfinance@gmail.com
ReplyDeleteHello everyone, My name is Mrs. Carolin Glowski, I'm from Europe, am here to testify of how i got my loan from BENJAMIN LOAN FINANCE after i applied Two times from various loan lenders who claimed to be lenders right here this forum, i thought their lending where real and i applied but they never gave me loan until a friend of mine introduce me to {Dr. Benjamin Scarlet Owen} the C.E.O of BENJAMIN LOAN FINANCE who promised to help me with a loan of my desire and he really did as he promised without any form of delay, I never thought there are still reliable loan lenders until i met {Dr. Benjamin Scarlet Owen} who really helped me with my loan and changed my life for the better. I don't know if you are in need of an urgent loan also, So feel free to contact Dr. Benjamin Scarlet Owen on his email address drbenjaminfinance@gmail.com
Hello Everyone,
ReplyDeleteWelcome to the future! Financing made easy with Prof. Mrs. DOROTHY LOAN INVESTMENTS
Have you been looking for financing options for your new business plans, Are you seeking for a loan to expand your existing business, Do you find yourself in a bit of trouble with unpaid bills and you don’t know which way to go or where to turn to? Have you been turned down by your banks? MRS. DOROTHY LOAN INVESTMENTS says YES when your banks say NO. Contact us as we offer financial services at a low and affordable interest rate of 2% for long and short term loans. Interested applicants should contact us for further loan acquisition procedures via profdorothyinvestments@gmail.com
Services rendered include:
* Refinancing Loans
* Car Loan
* Truck Loans
* COVID-19 Financing Loan
* Home Loan
* Mortgage Loan
* Debt Consolidation Loan
* Farm Loan
* Business Loan [secure and unsecured]
* Personal Loan [secure and unsecured]
* Students Loan and so many others.
For more info; Contact us via Email: profdorothyinvestments@gmail.com
With Prof. Mrs. DOROTHY LOAN INVESTMENTS. you can say goodbye to all your financial crisis and difficulties as we are certified, trustworthy, reliable, efficient, fast and dynamic
BUSINESS LOAN PERSONAL LOAN HERE APPLY NOW WhatsApp +918929509036 financialserviceoffer876@gmail.com Dr. James Eric
ReplyDelete