The Law of Supply and Demand..
By indiramarie
@indiramarie (61)
Bahrain
March 12, 2013 11:12am CST
hi there mylotters..
Have you notice that the Law of supply and demand is very visible in our lives?
Before, I'm working with a small salary only which I can buy food everyday and new clothe every salary day. I'm budgeting for my supply for one month, some of my earnings is going to my parents. Then I decided to apply for work in other country to earn a high salary, and I got it. I am now earning more than of my salary before, I can now buy whatever I want.. I am giving a part of my salary to my parents every end of the month, and it was too much than before. I notice that after 3 months of this new high supply, their demands were also escalated, even if I already send money for this month, they will ask again in the middle of the next month and they will also wait for the end of the month. In addtion to this, they also keeps on telling to buy me this and that. So, that' s it. I have nothing against them,I love my family. I will give what they need...and want. I' m just sharing this as a proof of the Law of Supply and Demand
So mylotters, what can you say about this?
2 responses
@borgieboy7 (72)
• Philippines
12 Mar 13
I am currently experiencing that. But for me, if you really want to earn much, don't ever demand for too much. Be static for those expenses and you will see the result how much have you got earned.
What happening right now is that, as you earn much you (or maybe your family) is also expecting much expenses or wanting those things which has a higher value. Since you can afford to buy it, you spend for more. So what happens, you practice much high supply and spend for higher demand.
So stick with the most affordable way.
@roshigo58 (4859)
• Pune, India
12 Mar 13
Hi,
I like your thinking of law of supply and demand. Demands go on increasing as supply increases. thus your family's demands go on increasing as per your salary increases.
