#Singapore’s #youth embrace #underconsumption #lifestyle as economic realities bite
"embracing the #underconsumptioncore #trend has opened up new avenues.. e trend is a response to rising #costofliving, job uncertainty & lay-offs, which hv forced them to reduce their spending.. Its not just a reaction to #overconsumption but also a #strategic choice to manage #economicrealities.. being a more #conscious #consumer can hv #benefits for #personalfinances"
#mindfulconsumption
https://www.scmp.com/week-asia/economics/article/3276571/singapores-youth-embrace-underconsumption-lifestyle-economic-realities-bite
Singapore’s youth embrace underconsumption lifestyle as economic realities bite

Social media posts celebrating frugality have become viral as more Gen Z and Gen Y Asians worry about the cost of living and job security.

South China Morning Post