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"You should always adapt your consumption to your income — you shouldnt try and adjust your income to your consumption. Thats a basic principle for individuals, businesses, and everything else."
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Consumption (economics)C
Consumption (economics)
Consumption (economics)
Consumption (economics)
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Consumption refers to the use of resources to fulfill present needs and desires. It is seen in contrast to investing, which is spending for acquisition of future income. Consumption is a major concept in economics and is also studied in many other social sciences.
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"Some device has been concocted by the devil, suggesting innumerable spending opportunities to the wealthy, so that they pursue unnecessary and worthless things as if they were indispensable, and no amount is sufficient for the expenditures they contrive."
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Consumption (economics)
