Why Doesn’t The Finance Sector Use DSGE Models? (Cont.)
In Japan and some other Asian nations, if the husband only is operating then it is the norm for the complete salary to go into the wife’s bank account with the husband have no access at all. All payments, rent, mortgage, bills, car and so forth.. will be deducted from the wife’s account and she we give the husband a weekly allowance, for lunch and so on. If the husband is to get something outdoors this allowance then he will require to ask his wife for far more cash and she will only oblige depending on the family’s finance status.
Poor folks think funds doesn’t matter. Wealthy men and women value cash and know it matters. I’m not saying it is the end-all, be-all, but income is a beautiful tool. When you have it you can use it in countless approaches: to aid others, travel, or take care of your …