3 Aug 2022

167

Overspent American: How to Shop for Free

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Academic level: College

Paper type: Essay (Any Type)

Words: 292

Pages: 1

Downloads: 0

As the work-spend cycle intensifies, it has led to people to have less time with their families and friends. Consumerism becomes a substitute for human connection because the more the parents spend time with their children, the less they spend money to make them happy. Parents who are always away from their families as they are working longer to make more money tend to compensate for their absence by buying their children luxurious items. Income and social health are inversely proportional.

As the pressures on private spending rise, it has eroded the public spending in that people are revolting to fund schools, parks, arts, culture, and other public goods. This is because they are viewed as not holding any economic value. With private consumption crowding out public goods, it erodes out the broader quality of life. It undermines the communities we live in as well as compromising the connections with other people. This ultimately reinforces people’s feelings that private consumption is all the more important.

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Tiny House Dreamers 

Tiny House Dreamers can be categorized into two groups, and the first one is attributed to the problem of affording a house. Some are retired individuals seeking a rent-free life, while others are indebted college students who are unable to meet the high cost of housing. The other group is people who are cautious consumers that avoid unnecessary material possessions and prefer living a simple life that is eco-friendly and sustainable.

As the cost of living keeps rising, any means that aid in making savings such as having cheap housing will come in handy. It is very appealing to see people move from paying house rent worth 2,000 dollars monthly to a minimum of 450 dollars of just parking space. At this rate, people can save about 75-80% of their income. The lifestyle of living in tiny houses has made the participants create a tight community that is close together, unlike in the suburbs where people don’t talk to each other.

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StudyBounty. (2023, September 14). Overspent American: How to Shop for Free.
https://studybounty.com/overspent-american-how-to-shop-for-free-essay

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