Buy it for Life (BIFL). Save AND splurge?

终身购买 (BIFL)。 节省和挥霍?

Round Table China

社会与文化

2024-12-03

27 分钟
PDF

单集简介 ...

Long-termism focuses on investing in items that will endure. Instead of purchasing a new jacket each season, consider buying one high-quality jacket that will last a lifetime. However, is this approach truly about saving you money, or is it merely another marketing tactic designed to encourage you to splurge? / Are you a friend hoarder (19:51)? On the show: Heyang, Steve Hatherly & Yushun
更多

单集文稿 ...

  • Discussion keeps the world turning.

  • This is Round Table.

  • You're listening to Roundtable with myself.

  • Hey Young.

  • I'm joined by Steve Hatherly and Yu Shun in the studio.

  • Coming up, Longtermism is all about investing in stuff that will last.

  • Forget buying a new jacket every season.

  • Buy it once and it's yours for life.

  • But is it really about saving your money or just another marketing gimmick to get you to splurge on the so called timeless pieces and ever feel like introducing your friends to each other is risky business?

  • You're the matchmaker first, but what if you become irrelevant?

  • Welcome to the world of friend hoarding where we keep our friend groups separate for peace, power, or maybe just to avoid the chaos.

  • So what's your move?

  • Our podcast listeners can find us at Roundtable China on Apple Podcast and the podcast platform of your choice.

  • Now let's talk about shopping.

  • These days, seasoned shoppers who browse both online and offline are bombarded with year round e commerce promotions.

  • But this year feels different.

  • Instead of the usual flash sales and discounts, there's a noticeable shift towards something called long termism or Chang qi zhu yi in English.

  • With the help of Steve Hatherley, we found the term buy it for life.

  • Yeah, it's kind of this I don't know theory that suggests spending more money in the short term might save you more money in the long term.

  • If what you're buying in the short term is a higher quality quality product that does not need to be replaced as quickly as perhaps a lower quality product.