【2019/03/20】F58 （Saving&investment&consumption）

frame work

save: investment or consumption

creat value to society or burn the money

consumption: major home improvements (hardwood floor ) / suck more resurce / more energy to take care of them / did not make the pie bigger / only make your ego bigger / pilling money on this stuff / speculation / let your pride grow /

investment：build a factory (creating value huge incentive ) / build a simple house (meet all my needs: rest relax shetlle a dress creat value for the society generating the return comtribute to the society ) /

simple vocation: makes you more relax / that part is investment /

extral enjorment / feels good to others / not leading to more innovations / that part is consumption /

a simple purse or LV (hahahaa )

how to sell them to insecured people

waste money : ad / tv /

transfer of wealth

necessary for your life or just for pure self ego satisfication extral waste