Save a Buck, Lose a Dollar

by Ed_Cooney 3. November 2012 04:32

Money is like blood.  It needs to keep moving to keep the economy going.  When it flows out of the local economy, it leaves a wound.

We all realize we live in a global economy.  No issues there.  The increased competition makes us work smarter and maximizes our potential.  What happens when a disproportionate amount of money leaves your local economy through the purchase of goods and services from other areas?  The dollar you saved by purchasing an item from a ‘big box’ rather than your locally owned store, may very well come back to bite you in the form of higher taxes and depreciated real estate values.  For argument’s sake, say the number of jobs remains the same but are just consolidated from 10 locally owned businesses to one out-of-state big box.  Where do the profits go?  Easy - to the corporate headquarters and distant shareholders who generate WEALTH through higher per capita incomes and substantially higher levels of investment in THEIR community. 

What can you do??  Easy - pay the extra buck to support your friends and neighbors.  This will keep them in business, which will keep the retail space leased and their mortgages paid.  They, in return, will pay a slightly higher price to you at your place of business, resulting in a heightened velocity of money.  The taxes paid by each of you will result in better schools and improved public services. Essentially, your net cash in and out is a wash and your community is more stable. 

Supporting local businesses feels good because it is good. 

 

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Comments

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10/20/2016 6:07:42 AM #

I have a skin tag in my groin location, wish it diminishes.

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You can take a piece of floss as well as connect it to the base of the skin tag. You need to link quite tightly in order to cut off the blood flow, creating it to diminish. It will take no longer than 5 days to fall off.

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10/20/2016 6:17:31 AM #

I had a nasty skin tag right below my underclothing line. I linked it off with string and also it began to injure 2 days later. I attempted to pull the string off however it wouldn't move. I merely drew on the skin tag and also clipped it off with toe nail clippers; much less complicated and also didn't injured whatsoever.

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You could take an item of dental floss as well as tie it to the base of the skin tag. You have to link rather snugly in order to remove the blood circulation, triggering it to diminish. It will take no more than 5 days to fall off.

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