No More Revenge Spending: How China's Gen Z Is Changing How They Shop | Money Mind | China Economy
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- Опубликовано: 1 окт 2023
- 2023 was meant to herald the return of the Chinese big spender. But the revenge spending hasn’t exactly panned out as expected. Instead, new consumption patterns are emerging in China’s post-COVID era.
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Kudos to the young generation who are not kidnapped by consumerism.
you will own nothing and be happy WHO
@mnq577 maybe yes maybe no. In the US the great depression caused many who were raised during that era to be extremely frugal the rest of their lives. I have a grandma who lived during the great depression and she acted as if she had no money the rest of her life even after she did have money.
yes but without consumers, companies and factories hav to shut down . ..
I grew up poor and have always been frugal. Money is an instrument of security and not excess consumption for me. I presume this will be increasingly common as everyone except the select few can afford to consume in excess
😂😂😂😂😂😂😂😂
Being frugal is being rational because you don't need to spend money on unnecessary things. It's different from being cheap. If someone needs to go shopping all the time, that's an unnecessary addiction that needs to be cured.
Exactly. Frugal is a good quality that would benefit everyone. It's the happy medium between "cheap" and being a "spendthrift"
Well said 🙏
oh come on !
frugal is cheap
There are no rich and frugal people 😅
@@PerpetualJoy how frugal can be good ?
how lack of money can be considered good ?
Crazy ?
1:45 she's already overextended, she's not frugal by choice, but because she can't afford it.
It's strange that frugality amongst the youth seems to be presented negatively in China, while in Western EU our students are all the rage about frugality for ecological concerns and this is seen as favorable...
It's because if people don't spend then the economy might stagnate or tumble
@@maywalker997 right, they should follow American government's example and keep borrowing in order to spend money they don't have.
@@DeadManWalking-ym1oo i think the next video just answered you. they spend on local products instead of foreign brands
Have you forgotten how THAT region (west) views non non-westerners as subhumans? West is a garden, the rest is a jungle? 😅
China and the USA are looking at the decrease of consumption by millenials and genz badly nowadays. A couple of months ago there was news from USa that MZ gen are not eating out and the whole tone of the news is gaslighting the generation for not consuming. However, the MZ gen are having a hard time affording basic needs at the moment due to hyperinflation and stagnating wages.
The older generations did tell us to save but whenever the economy slumps, we are told to spend to keep things going.
Good job Gen Z. Don't be sucked in by the greedy monster of envy and consumerism that plagued the generation before you. Everyone is crying about not making money but spend lavishly on luxury items. Do you know the biggest company in Europe is now LVMH. Not Nestle. Not Roche. Not Shell. But a company selling luxury goods.
And guess who's buying it? Don't believe this video. Gen Z spends just as much on luxury goods as other generations, difference is they are willing to go into debt to buy it. You don't think all that luxury influencers have an impact on their audience? And guess who their biggest audience is? Gen Z and younger millennials.
But . . . But . . . But . . . the most important thing in the universe is to be *COOL:* you have to act cool, talk cool, walk cool, exude coolness. However, in order to really _be_ cool, you have to keep up with the Joneses.
What this means is having a cool sports car or luxury car. In that manner, everyone will admire and respect you, be your friend - and all the women will love you.
BUT, if you do NOT have a sleek, new cool car, people will look down upon you as childish, a nerd, a wimp, a loser, failure, a nobody (and no one will be your friend or want to marry you).
@@alimfuzzyeven if gen z are buying luxury goods they 100% are not the main buyers. older people have always bought more luxury goods. yknow, cuz they have more money, usually.
@vlad5042 gen z rake up more credit card debt than any other generation. They can't afford it, they stupidly take on debt to buy.
@@alimfuzzy I think you might be generalizing western consumerism & the current situation in China/other East Asian countries into the same bucket. I agree that here, at least in the US where I live, spending is crazy as ever, it's like ingrained into our culture. Seeing fellow students (I'm 15) shopping right after school or even during class is quite common. But from what I've seen in Chinese media, their day to day life is very very different from us in that it's mostly studying, work, and saving (... besides the crazy social media beauty standards 💀).
If anything, I'm surprised that Chinese Gen Z is not spending _more_ overall than Gen Z in Europe & NA.
As a gen Z in China, I can say that she is spending more than average. During my undergraduate study, I found the majority of us students receive less than 400 SGD per month. This is because the food price in university is subsided by the gov, I can get decent meals for less than 7 SGD a day( breakfast
China is a 3rd world country. Chinese ppl earn as little as $5 SGD a day. There are of course cheaper options in China.
@@akiraaaaaaaaaaa if she's in mainland China and not Macau or HK then yes.
It is ok.. Daddy and Mommy is paying for it. It looks like all Gen Z from most countries are having the same problem.
OP said SGD @@akiraaaaaaaaaaa
@@akiraaaaaaaaaaa今年还吃得起茶叶蛋吗？
*Basic produce reaches record high prices
"KIDS ARE SPENDING LESS!"
NICE JOB saying NO to those luxury brands! keep it up!
Yup and lots of these luxury brands are from the West.
Every generation spends on things they like. Every generation overspends and borrows to continue to spend. And every generation tells younger generation not to overspend.
As a Gen Z-er from the US, good job you guys!
We don't need your pity Round Eyes
Nothing wrong with being frugal, having a personal financial discipline/literacy, whatever you call it.
a new generation that know how to save money and choose quality over brand, look like the future of China is brighter
China's hygiene standards are still 3rd world and China is still creating a new global disease every 10 years due to it's unhygienic practices. Wuhan virus, SARS, Hand, Foot & Mouth disease, yellow fever...the list goes on
Brighter Future?
@@Ace01010 Yes. Short-term pessimism induce frugality, and frugality leads to long-term prosperity. This is part of how the economy self adjusts.
@@oscezrcdBesides that, I just meant China as a whole is collapsing.
@@Ace01010 Some say yes, some say no. Nobody can predict how well a country's economy will be, not even economists. The more people believe an economy is collapsing, and if it doesn't, the larger the rebound.
It has been a tough few months, filled with hardships and struggles globally. From economic challenges, job losses, market volatility, conflicts in various regions, and financial difficulties, it feels like everything has been going wrong. How can I make ends meet during these tough times?
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When I was young, I worked in a lavish "American" company as a low level employee where the company would subsidized our lunch for RM4 / day, I manage to eat only RM1 per day (that's 10 years ago), making my monthly expense for lunch only RM30+ (excluding weekends), and most higher ups with higher pay wouldn't even bother eating at the canteen, so they'd throw me a bone and gave me their tags (that's how we get our discounts) to me so I can have some extra food in a container for dinner, I'd pay the balance after using their tags! I wouldn't say I was frugal but it made me find ways to survive back then!
The company subsidized car petrol for people living in a different state as they needed their expertise, those friends just "live" in their cars after work, the company allows employees to stay back till 11pm for work, they'd just have a blast in their cubicles and sleep in their cars. For showers, our company had a gym on site, so they could just go to the gym shower and change into something comfortable.
Today in KL a plate of mixed rice is almost RM10.
@@monkeyloveya yeah, that's the sad part. But if you on "survival" mode, taste is out the window, sustenance is the way~ eating the same nutritious meal everyday to get you by would be the smart choice as to not jeopardize your health. I wouldn't advice cooking lavish meals at home but assembling food that's quick and easy is the way. I once ate cheese, egg, tomato, bread every day for a month, LOL~ go to a wholeseller and get in bulk, if you calculate precisely it'll get you a good deal but sometimes Lotus has cheaper deals!~ Eggs are definitely top of my list for easy prepare and nutritious! learn to cook tamago egg (Japanese square shaped egg) with some simple fillings on the first day of the week! you can cut it up into sandwich size portions! and just put it between breads for a meal add sliced tomato, cucumber, mayo spread! Get "Jumbo" eggs which will cost you around RM0.60 / egg but it'll make up for the difference as it has 2 yolks. If you want to save more! get a second hand "bread-maker" from carousell! SUPER EASY TO USE! throw in flour and it'll bake you bread for only RM1.00 / loaf! my GAWD I can go on and on! LOL!
Thanks for sharing your story! :D
I like the idea of calling it rational
I'm planning to buy an empty watercolor palette and I found one I like for 40 euros (shipping not included) but instead of that I went online and found all the same parts just separate that add up to 12 euros all together (shipping included), so in the end I'm gonna save 28 euros and I just need to put it all together which isn't hard
If I was frugal I would just not buy a palette in the first place
Same, I feel like its not mostly being "Frugal". A large part of this could be exactly what you said, going online and purchasing directly from suppliers instead of getting ripped off at a mall. No one I know really goes to the mall, we all buy off of Amazon, Shein or wait for some discount/sale we find online. It was also a large part of the older generations culture to hangout at the mall or whatever, which isnt common anymore. Everyone hangs out online playing video games.
@@Nabee_HI don't even use Shein and only use Amazon for essentials. I thrift most of my clothing.
I do the exact same, I scour the internet for the cheapest deals whenever I want or need something. The internet really revolutionized shopping, not only that we have the chance to look for the cheapest offer as it connects us directly to suppliers or other people who are selling preloved products, we also have the luxury of accessing reviews unlike with mall shopping.
I also use alternatives for things to save money
for mixing small amounts of paint bottle caps from soft drink bottles. they are perfect for little tiny amounts and you can throw them out when they are no longer any good (they will last ages if you keep cleaning them out)
the pop toys for anxiety are also great for paint mixing. you can get a huge one for like $5-10 and because they are silicon they are super easy to clean (dry paint pops right off)
things like that save me a lot of money. I like to look at trash and think how can I reuse it and you'll be surprised what you come up with
As a ethnic Chinese i know one of our inborne genetic makeup is frugality. This is due to centuries of war and poverty which forced the Chinese to save up for rainy days. Though the present Chinese generation generally had no problems with bread and butter issues, the inborn 'frugality' still remain and is hard to change.
RUclips is a best way for saving money imo, the quality of videos are so good, compared the sub fees on Chinese videos platforms costed me like 10-15 yuan monthly, if we didnt paid that sub fees, we're having 60 -180 minutes ad, sounds so crazy right, but it's true, RUclips is great deal for me,
As a 50-something Chinese person (Gen X) born and living outside of China , I proudly call myself frugal, having been brought up in a working class household, and having to work hard for everything I own and what I achieved. My upbringing showed me the value of hard work, education, savings and investments. And most importantly, of a loving family. Even with a university education, good job, great salary and benefits, all car and house debts paid up, I have never, and will never buy luxury goods. I do not have a high-end phone, TV, car, etc although I can afford to buy them. The only time when we eat out is for a birthday, we do all the cooking and cleaning ourselves. These values will stay with me forever, and I have not a single regret about that.
Thats why you don't understand Gen X, you live in a wonderful era where housing was affordable even with little salary. You were lucky so stop comparing with Gen X and your value.
环境就是这样，不攒钱老了只能重开
@@tooeasy852 i would sympathize with you if i wasn't looking at the millions of social media posts from millennials flaunting their luxurious lifestyles eating at fancy restaurants, clubbing, partying, showing off their designer clothes and goods, holidaying at fancy resorts, attending concerts and music festivals etc. The luxury goods industry has already identified millennials and younger as the generations that will drive their market and will make up 75-80% of the market in the coming years.
@@jjsamuelgunn1136 so it sounds like the older generation don't go eat at fancy restaurants, clubbing, and party? And which generation invented designer clothes and goods. Wait and which generation invented sports car and who is buying them. And how are those luxury companies became successful from which generation ? The reason you don't see fancy lifestyle and partying in your gen is because you guys don't have social media. So shut your trash and admit your gen did nothing but drive up real estate and use housing to make money. .|. (thats a middle finger icon) in case your older generation point fingers and blame us. That middle finger is for you.
A Winnie Bot?
They had news specials like this 10 years ago in the US. It was less about the generations temperament towards work and more about the media pre-programming an excuse for a loss of opportunity and reframing the situation while shifting the blame to the victims agency.
This is exactly the same in the UK, lowest confidence in 40 years. Its such a suprise that less spending power = less spending. Shocking...
It’s only in China I think. In Malaysia and Singapore, gen Z spends a lot more on random stuff
It’s only in Malaysia, not here in Singapore.
Sorry but I don't, I saved more than 50% of my monthly allowance given by my parents in gold, silver and investment account during my college years, while renting an apartment with my nine friends in shah alam and almost every day eating roti telur at mamak😂 Currently working as an engineer, stable income as a single still doing the same thing, no impulse shopping etc.
Those who spend a lot on random stuff wouldn’t even be watching this video and commenting lol
Use the " must have " & " nice to have " concept .
" Must have " means essentials t
Without which 1 cannot function on a daily basis.
" Nice to have " means a new phone , clothes other blings that would be nice to have now but its purchase can be pushed to a future date .
And another thing is 30-20-50 approach.
30% for savings+investing, 20% for emergency liquid fund that can be accessed quickly in 30-50 mins & 50% includes monthly bills including new clothes , Phone , housing food entertainment etc
The "30-20-50 approach" is a luxury for most young people today. Even for a lot of middle-aged people with high salaries but also high costs to support their family.
I'm sure many people would love to be able to spend "only" 50% of their income on necessities. But that goal is a fantasy for most people. Probably over a billion people in the world today live paycheck-to-paycheck.
And that's not by choice. Nobody likes the feeling of constant financial anxiety. They're stuck in that situation because they can't substantially reduce their living costs (it's mostly out of their control) and there's no simple way to earn a lot more (without putting their health in danger--there have been cases in recent years of people literally dropping dead due to extreme overwork).
For people in particularly expensive areas, just rent + food will use up nearly all of their pay. There's no such thing as disposable income, let along saving or investing.
I hope the conscious ness soon comes to India. India is currently reaching at its peak of consumerisom. I hope the next generation realises that.
South asian people are built different. North indians and Pakistanis will never stop spending alot. East asians have always been frugal. And all of this is based on studies.
@@abdulhadimalik3312 Don't do that classic internet nonsense: "All of this is based on studies---just believe me." If you have some trustworthy data to back it up, show it. If not, admit that it's just your opinion, not a fact.
Who said consumerism is on it's peak in India??? Videos of those showing off things getting 100k likes doesn't mean it represent the whole India. Those who are spending without using their consciousness are just 1-2% of the population most of us are still do conscious buying... Just explore the living outside of tier-1 cities😊😊
Guys, the min wage is 20 yuan an hour. If you go to any department store, a single piece of clothing is a few hundred. Taking off rent which is skyrocketing, that's barely anything left.
So the rental fees are not dropping like the flat prices?
Nah. They keep rising everywhere@@ffbeexaid4509
Si Jie seems wise beyond her years. Some of her spendthrift seniors in Gen Y could learn from her sensible financial habits.
As a gen z from LATAM, I agreed with everything she said. It's way better to be wise with your money.
Good work Gen Z!! There's more to life than stuff.
We need to get like this in the US. Anti-consumerism for the win.
They are quite wise with money and decisions
Smart generation....wasting hard earned money on too much material stuff makes no sense...ccp in panic mode...🤗
This is the generation that will save the earth from extinction and alien invasion
Too late.
😂😂😅
They probably welcome the extinction and could care less about the alien invasion 😂
Thank you for your effort making these documentaries.
Rampant capitalism and consumerism is branding good qualities like frugality and rationality as bad. What a twisted world.
some shoes, for example, can be low price yet have good design. There is no need for an expensive Nike shoe. The range of products bought by young Gen Z is much wider (smartphones, sightseeing, health products, gym, socialising in sports bar ...), so the smart Gen Z look for value for money since many are still studying or at the beginning of their professional career.
I felt the commentators are wrong. A long term of wise and rational spending will derive a generation like the 70s, not the 90s. When they make more money, not necessary they will right away become the 90s, because years of the wise spending will stop them, human nature.
5:35 I like how the Rich Associate Professor of Economics wearing Expensive Airpods is laughing at Gen Z for not having money to enjoy luxury goods. :)
While I got the food thing, why constantly buying new clothes when you don't need them? But I know the answer: it's not her money that's she is spending.
Inflation became a blessing in disguise in our gen z we learned how to intentionally buy something we find more valuable rather than mindless spending ❤
Good for y'all 🎉
How about Singapore Gen Z spending habit? Too brand conscious?
Great video!
I think previously for the last 30 years, China was obviously in growth mode on steroids without hiatus. However, after the pandemic, there’s very little optimism now as many youths discover that job opportunities have been lesser and the pay wasn’t as satisfactory as previous years. It sure changes their mindset towards a more rational and frugal lifestyle. 😂
Asking recommendation from Influencers ...... What a great idea.... no wonder you over-budget.
Confidence and trust powers economies.
i wish these habits would trend more in america. the spending habits of our younger population is FAR in excess of their earnings by far. with no end in sight!!
Yes its absolutely awful
“我姐是九十年代的人”. 他娘的，我怎么感觉自己好老啊😂
We don't really have a choice, actually. For example, I realized I can't afford buying headphones from Philips or JBL anymore. Now I buy domestic brands.
There's so many different views & opinions presented in the comments section on why Gen Z / the millennials are spending less or rather, they are not buying branded / luxury brands & products compared to the generations before. Are they truly frugal and wise in their spending, spending on what they need , on things that have good price performance? or are they not buying the luxury brands products because they could not afford it? Well, we will never know which is true , only time will tell.
However, I believe that all humans have wants & needs. With all the promotions, advertisement, marketing done to promote a brand or product, and to create the want or need for the product, the young generation (Gen Z) will ultimately spend their money on branded / luxury products when they grow older, when they have high income /more money. It will probably start from buying something small such as a branded lipstick or sunglasses to shoes, bags, accessories and clothing.
Moreover, there are Gen Z from high income or rich families. The youths from this echelon of society will surely spend their money on branded / luxury goods.
Or going off sales figures from the company selling luxury goods. They are buying just as much of not more, but not saying they are.
Isn't that more likely. Trust the sales figures not what people say in videos. Maybe she is frugal but going by demographics she is not average.
This young lady is smart and wise.
NO OFFENSE TO YOU ALL! I'm doing this out of good intent.
God does love non Christians. God knows we are all sinners. What is sin? Sin is an action that is not good and done or thought out of bad intentions. We all lie, trick others, and are prideful/selfish sometimes. God (Jesus Christ) came down in the form as an human and died for our sins. He resurrected from death thus we can also defeat death 💀 if anyone of us accept Him as Savior for our sins.
We cannot save ourselves from sin no matter how many good deeds we do. Everyday we sin. Christians do too. But if you are a Christian ✝️, you will go to heaven when God plays back your whole life to you. But if you die without being a Christian ✝️, then you will suffer forever 💔 without being in heaven.
God doesn't judge you based on worldly success nor physical attraction. Jesus Christ loves ❤️ you and values your character. If u end up being poor, He still won't abandon you. You can pray 🙏 to reach out to Him, and you'll see what He will do for you and others. Sometimes He will see if you will trust His will which is not always the same as your will nor desire. But He does what He knows is best for you despite us not knowing that. Have a nice day!
I love this generation. 1 thing I learned since pandemic is costs fo4 anything are nothing like once before so all the reason to seek strong value. Also ppl look better w/o cosmetics just healthy from inside out. I quit make up back in 2011 when economy sucked and my skin got gorg! Times always change!
If your not rich dont act like it and you might end up actually being rich. Life is not about handbags or luxury goods, its about you and the people you meet and the things you do. Not what you buy
They will revenge spending on their 30s and 40s trust me. Been there done that. 😂
brilliant!
The more money I make the more my wife spends its as simple as that 😂
you need a new wife bro
@@zltan trueee
You chose that
Gen z not spending on luxury brand stuff but spend on game 😂😂😂
😂
If they are rational, then it means they are grounded.
as a millenial ive also never seen the appeal of luxury brand names
Most luxury brands are foreign products from countries hostile to China anyway
Less money= less consumerism. That proves that consumerism keeps you poor.
謝謝四節
And she looks so happy too!!
kudos to the chinese people who always have a saving culture and think abt 2morrow.
They are lucky to have allowance. But at least they are working, and not many of them are opening their hands and ask for money. However, they need to learn money management before it's too late. It's always good for early investment.
It's a good beginning for her.
We spend less because we make less its that simple
They had me at "21 year old cuigusasgitotghong"
This is real in most modern economies. I just don't understand where this wealth has gone.
Voucher hunter here! I was born in 1995 tho not the exact Gen Z haha!
Why did you frame this as a China specific scenario? It's not just China. And I think it's more than just not having a lot of money right now. I think that because we didn't grow up being wasteful, we won't be very wasteful even if we do start to receive a higher income. If you want us to spend on brands and large luxuries, I think we would have to come into a very large amount of money all at once. Even then, a lot of that money will go to paying off debts, going to school, starting a business, giving to charity and friends and family, and retirement, and other investments.
Yup not sure why this Singaporean channel likes to focus on China so much.
When I was young I had to work. Nothing new.
Its beautiful to see how modestly chinese youth is dressing up in Beijing, especially graduates.
They're good looking people 🎉
Still can save from bubble tea, fast food and gym. When one can define needs from wants, there is much to save.
I think seeing how luxury brands treat their customers like cattle combined with seeing how little you can spend to achieve something will give these kids a lot more financial confidence in the future. Moreover, thinking about your finances to this extent comes with financial literacy.
I'm glad for that .
The global pandemic has risen the cost of food, we don't have that problem before, once the resources is stabilized they are still not willing to return to the before price, everyone is taking advantage over the covid price even when its over
I hate that we live in a world where young people need side hustles just to survive. Companies where young people work for part time jobs often make billions in profits each year, but the average worker never sees it. Sad.
It’s always like that 😢
Who has a brighter, happier future? The one with debts or the one with savings? Wise people will know the answer.
It is not necessary buying luxuries, Etsy’s custom made is more practical and more characteristic.
I’m a fan of esty, too🎉
I'm done for the day!
I think overspending can put you in a very tight spot. Spend wisely and find different ways to earn(long-term) and charity(spare money) and this advice is for all generations. Even big economies collapse when they exceed their budget limit. Try and live a content life.
Help Palestine 🇵🇸
Stay blessed. Peace
As an Gen Z Indonesia, i can relate the situation.
I hope this catches up here in the States. We need this bad.
My friend who is PRC (stay in China) can spend 20k SGD in a week
Good for Gen Z! More and more, and worldwide, it seems that Gen Z has what it takes to secure a reasonable and sustainable future for humanity, despite the huge challenges left by their predecessors. It's about time the older generations start to acknowledge that.
Growing up in the Pandemic years? It was only a few years ago.
They probably meant that they had key years of they development during the pandemic (especially end of high school + 1st year(s) of college or even bunch of their high school experience during the period when China was still in super drastic mode against the covid)
its mean be an mature adult.
I love how they say “the confidence” like if nothing at all is expensive nowadays 😂😂
The woman is wearing an Apple Watch Ultra, and we are talking about China's Gen Z no longer splurging.
Good analysis 👍
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But don't lose hope. Anyone can be saved from their sins and from going to hell in two easy, peasy steps:
1. Realize that you are a sinner who CAN'T SAVE YOURSELF from going to the lake of fire (forever) 🔥 based on your good deeds, your own philosophy, and other religions.
2. Realize that you need to believe in your heart ❤️ that ONLY Jesus Christ died for your sins.
If you shall confess with your mouth the Lord Jesus, and shall believe in your heart ❤️ that God raised Him from the dead, you will be saved. For with the heart ❤️ man believe unto righteousness; and with the mouth confession is made unto salvation.
Congratulations! 🎊 👏 After this life, you're on your way to heaven forever! ⬆️💯🥳
Can be a fake one.
Its clear. No businesses, no jobs, no disposable income.
good
Good thing. Live modest
Clicked to figure out wth is revenge spending?!
That younger generation seems alot wiser than their parents- when it comes to money at least
300 million. Holy cow that’s all if the USA
聪明的小哥们！你比你姐姐聪明！赞👍！！
I’m gen x tbh I see a lot of gen z spend above their means. Maybe it’s just me. I make 7 figures but I haven’t been on a holiday overseas for 5 years, I often skip meals and buy very little food, my 25 year old car is creaky and about to fall apart, I don’t go out, and I buy new clothes once a year, get a hair cut twice a year, no pedicures no eyelashes extension nothing. I am drowning in money which I do not spend. But I see early 20 something’s around me (my employees normally) wear luxury brands and drive luxury cars and I wonder how they afford them. I want to teach them how to be frugal but they have an appearance to maintain.
These are completely two different perspectives. The interviewed professional is interpreting the current economic situation's impact on young people in this era from a socio-economic standpoint, as slow economic growth has limited the incomes of the younger generation. On the other hand, the interviewed young person is expressing her consumer logic. However, it's challenging to determine whether her consumer logic is shaped by the constraints of the current economic slowdown or if it truly reflects her genuine values regarding consumption. Especially since her actual monthly expenditures exceed what she can afford. From this perspective, it's hard to argue that she is making rational consumption choices.
2000yuan is minimum wage in Malaysia
Less things, less stress
Thank Corona. Because of massive layoff phenomenon in my country also forces young generations to save more.
that's how we ultimately stand up to the system ... we only buy what we need, buy quality products that last over ones that don't and don't buy brand names to show off.
I never buy brand names because ultimately ... they are all made in the same factory as the items you get from a big box so why reward companies for over charging and exploiting workers with extra profit margins?
Good point 🎉
NO OFFENSE TO YOU ALL! I'm doing this out of good intent.
God does love non Christians. God knows we are all sinners. What is sin? Sin is an action that is not good and done or thought out of bad intentions. We all lie, trick others, and are prideful/selfish sometimes. God (Jesus Christ) came down in the form as an human and died for our sins. He resurrected from death thus we can also defeat death 💀 if anyone of us accept Him as Savior for our sins.
We cannot save ourselves from sin no matter how many good deeds we do. Everyday we sin. Christians do too. But if you are a Christian ✝️, you will go to heaven when God plays back your whole life to you. But if you die without being a Christian ✝️, then you will suffer forever 💔 without being in heaven.
God doesn't judge you based on worldly success nor physical attraction. Jesus Christ loves ❤️ you and values your character. If u end up being poor, He still won't abandon you. You can pray 🙏 to reach out to Him, and you'll see what He will do for you and others. Sometimes He will see if you will trust His will which is not always the same as your will nor desire. But He does what He knows is best for you despite us not knowing that. Have a nice day!
@@small_fries7573 I'm not sure what your laughable attempt to convert someone to Christianity has to do with my comment.
your argument is flawed anyway. if god loved anyone he wouldn't care if they worshipped him as long as they lead a good life he'd let them into heaven. but no he lets in murders, rapists and such if they repent on their death beds. If he requires worship to enter into heaven then he's not a all loving god he's a god who's only criteria for purchasing a ticket is belief in him ... not the quality of your life.
kind of sounds like the Ori from Stargate ... no thanks do I want any part of something like that.
@@dragonstooth4223 ok 👍 I won't persuade you again. Take care.
That’s an uplifting report in the sense that we might see a less wasteful generation growing up.
To this video's sound guy: Remember that the pointless background music *must not* drown out the interviewee's voices!
Frugal and Rational my ass, she still got money from her parent. let's try with no parent allowance gen z
That’s not how Asians function. 90% of Asian parents support their children financially throughout college years.
English dubbing would be appreciated when footage quoted.