Purchase Journal Case Study Example | Topics and Well Written Essays - 500 words

Purchase Journal - Case Study causaLess attention on the goods and products needed for daily use. This creates pressure on the budget and sometimes the usance is not well blueprintned. If goods for day to day use are not bought regularly and in a planned way, serious problems in consumption conventionalisms may arise. The individual has spending power, but he is antipathetic to buy the food products, fruits, vegetables, detergent, etc. This may give rise to health and hygiene problems. In the faux pas too much money is spent to buy branded goods, there will be no capital left for medical emergencies, sudden price hike, etc. The expenditure is already high, so funds are being exhausted rapidly.It is necessary to revise the present purchase pattern. If the present purchase pattern is maintained, it will simply lead to financial mismanagement. However, the problem appears to be at a preliminary state. thither is too much tendency of buying expensive, branded goods (this tendency can be checked, of course). No plan for significant savings discernable. More attention is needed on the daily expenses. The daily expenses must be focused to obtain a quality diet. Bank deposits or suitable investments at small outdo are a good savings option. There should be much planning for a more economic living. The plans may include proper fund allocation, stoppage of buying expensive and sometimes surplus goods, investment in saving scheme,