Friday, July 7, 2017

42) Who Is Really Asking To You Save Money?

42) Who is Really Asking You to Save Money?




Many other sales materials looks like to show you on how to save money.

But in actual fact, it is only to reduce the cost per unit of the things you buy..

You will also see advertisement on "Buy More to Save More.".


 Have you commonly see this in the market, "1kg = $4, 3kg = $10."

You often see posters that show you “Buy 2 & Free 1”..


Image result for buy 2 get 1 free


The concept is to show you that you can save more money by buying more.

When you analyze further, you will realize that you are actually spending more to get a lower cost per unit.

Eg. 1 unit = RM15.
“Buy 2 & Free 1” means you have to pay RM15 x 2 = RM30. 


The good thing is that you are getting 3 units.
The cost per unit is RM30/3 = RM10 each.
So, you save RM30 – RM20 = RM10.


Wow…

So, instead of spending RM15 only to buy 1, you are going to spend RM30. Basically you had just been "encouraged" to spend more and not save more.

Unit Trust Consultant (UTC) tasks are very noble and is of high level category.
UTC really encourage and help people to save money and invest their money for future use.
A UTC will even help you to calculate how much you need to save monthly to achieve your savings goal. 

For a UTC, the task is to encourage savings for the future. Only to withdraw and use for the intended purpose.

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