Bank services increase propensity to spend

  • Posted on: 6 November 2017
  • By: Rebeca

Earlier there used to be a saying that one must spend only one third of what he has and save the rest till you get another whole just to follow the same cycle again and again. Savings used to be a very big part of our culture earlier but suddenly everything has changed in the savings market. People have started to invest instead of saving and putting the money in the banks. If not that people of this generation have become more accustomed to the idea of spending the money and live the life now rather than worrying about the future.