The majority of Chinese people never know debt. Even if they have to borrow money, then they will always try to return it as soon as possible. When they are in debt, the whole family knows and will support each other to be able to pay off the debt immediately. The scarcity of owed Chinese is actually affected by their routine of saving. So they can always buy goods in cash.
The fund is of course taken from the savings that have been stored for this. So if told to choose between credit card with debit card, then the Chinese will take the second option. By using a debit card, they will not be bothered by the bill that comes later. Being able to appreciate money is something the Chinese family must understand early on. Therefore do not be surprised if there are many children who have been invited to work in the place of business parents. No matter the age of the children is still young. They may even just read, write, and count.
The fund is of course taken from the savings that have been stored for this. So if told to choose between credit card with debit card, then the Chinese will take the second option. By using a debit card, they will not be bothered by the bill that comes later. Being able to appreciate money is something the Chinese family must understand early on. Therefore do not be surprised if there are many children who have been invited to work in the place of business parents. No matter the age of the children is still young. They may even just read, write, and count.
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| The majority of Chinese people never know debt |
By experiencing the immediate difficulty of earning money, their children are directly taught to better value money. So they will not easily spend the money earned for things that are not needed. Not only that, their experience and knowledge about the business that his parents have become very much. Understandably, they've been in the business since childhood. This will be a stock when they are adults and continue the business of parents or choose to run their own business. In every transaction the Chinese tend to bid. Not only done in traditional markets, even in supermarkets where the goods have been labeled the price was still negotiable.
For the Chinese, the bargaining process is an art. Negotiating with the seller to get the most fitting price always gives them a sense of curiosity. However, they will not bid only for self-interest. Keep giving the seller a benefit too. They just want to get the goods at a reasonable price. Goods that are too cheap just make them fail to buy it. The money of the poor gradually runs out due to the admin fee cut. Medium money rich people, not reduced, even increased because of interest.
For the Chinese, the bargaining process is an art. Negotiating with the seller to get the most fitting price always gives them a sense of curiosity. However, they will not bid only for self-interest. Keep giving the seller a benefit too. They just want to get the goods at a reasonable price. Goods that are too cheap just make them fail to buy it. The money of the poor gradually runs out due to the admin fee cut. Medium money rich people, not reduced, even increased because of interest.