Comments on: The Economics of Desire http://expatalley.com/economics-of-desire/ True Confessions of an Independent Expat Sun, 06 May 2012 23:39:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Fil http://expatalley.com/economics-of-desire/comment-page-1/#comment-158 Fil Wed, 24 Feb 2010 00:17:29 +0000 http://expatalley.com/?p=648#comment-158 @Karen I'm not sure about Uruguay, but here in Japan cash > credit. You will find that most people might carry about $500+ on them everyday to use for most purchases. Big purchases are still bought with credit cards, but even then I think most people would not buy beyond their means. One of the biggest difference between the US and other countries like Japan, and possibly Uruguay is probably how people shop. Here in Japan, the culture has always been buy only what you need when you need it. For that reason, Japanese shop for groceries almost everyday. Always getting the freshest ingredients. It's not only helps you manage your cash flow, but you're also not wasting things and eating healthier to boot. Just my 2cents. @Karen I’m not sure about Uruguay, but here in Japan cash > credit. You will find that most people might carry about $500+ on them everyday to use for most purchases. Big purchases are still bought with credit cards, but even then I think most people would not buy beyond their means.

One of the biggest difference between the US and other countries like Japan, and possibly Uruguay is probably how people shop. Here in Japan, the culture has always been buy only what you need when you need it. For that reason, Japanese shop for groceries almost everyday. Always getting the freshest ingredients. It’s not only helps you manage your cash flow, but you’re also not wasting things and eating healthier to boot.

Just my 2cents.

]]> By: Karen http://expatalley.com/economics-of-desire/comment-page-1/#comment-155 Karen Sat, 20 Feb 2010 00:29:31 +0000 http://expatalley.com/?p=648#comment-155 Why is Uruguay all cash? How did they avoid the credit economy? Why is Uruguay all cash? How did they avoid the credit economy?

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