People Are Still Spending After New Year
By Tokz
@ilocosboy (45157)
Philippines
January 4, 2018 11:39pm CST
Yesterday I observed inside the department store the long lines infront of the cashier to pay for their shopping.
There's are still traffic inside the department store. Which means people are still rich after the celebration of Christmas day and New Year's day.
This is the case two years ago when the stores are almost empty in the first week of the ywar.
Maybe the economy in my country is indeed getting better.
Or they are just preparing for the implementation of tax reform law that will raise the prices of the commodities?
14 people like this
17 responses
@infatuatedbby (95001)
• United States
5 Jan 18
Could be some people are waiting to spend after the holidays to take advantage of the sales. :)
2 people like this
@infatuatedbby (95001)
• United States
5 Jan 18
@ilocosboy Yes lots of it :) I took advantage of the deals as well.
@ilocosboy (45157)
• Philippines
5 Jan 18
Yes that is also right, inventory sale and clearance sale.
1 person likes this
@allen0187 (58438)
• Philippines
6 Jan 18
The economy is worse under this government.
1 person likes this
@allen0187 (58438)
• Philippines
6 Jan 18
@ilocosboy our country has gone backwards - economically and socially.
@ilocosboy (45157)
• Philippines
6 Jan 18
The prices may be high but I think our economy is improving a lot, but of course we're still left behind by other countries.
1 person likes this
@ilocosboy (45157)
• Philippines
6 Jan 18
Some people would say that and some people would also attest to the getting better in economy.
1 person likes this
@RasmaSandra (73101)
• Daytona Beach, Florida
5 Jan 18
The only store I ever go to is the grocery store and there people are spending as usual not too much and not too little.
2 people like this
@ilocosboy (45157)
• Philippines
5 Jan 18
Maybe this is the reason there are so many people in the store, they're expecting the price hike of prime commodities
1 person likes this
@ilocosboy (45157)
• Philippines
6 Jan 18
Yes I think is what we can always hope for.
1 person likes this
@toniganzon (72285)
• Philippines
5 Jan 18
I think it was only during GMA's regime that life was too difficult I could hardly find anyone shopping anymore. But from the time of PNoy until now, people in my city eat out most of the time and shop most of the time. Malls were crowded during weekends and on regular and special non-working holidays.
1 person likes this
@ilocosboy (45157)
• Philippines
5 Jan 18
We have the same observation, and now even after new year there's traffic inside the malls and department stores.
1 person likes this
@cttolledo (5460)
• Legaspi, Philippines
5 Jan 18
haha probably yes it has something to do with tax reform.. I am excited for additional take home from my current tax
1 person likes this
@jobelbojel (34729)
• Philippines
5 Jan 18
Or may be you are correct, they are buying the things they need that will hit the tax law.
1 person likes this
@ilocosboy (45157)
• Philippines
5 Jan 18
I presumed that is the biggest reason.
1 person likes this
@sw8sincere (5204)
• Philippines
5 Jan 18
maybe those people plan to buy presents right after christmas and new year to avoid the swarming of people. 
1 person likes this
@ilocosboy (45157)
• Philippines
5 Jan 18
I was in the mall and people are so many
1 person likes this
@mildredtabitha (16034)
• Nairobi, Kenya
5 Jan 18
At my place, parents are preparing for their children's back to school expenses. Many people spend on Christmas and forget there is fees to pay come January. But people are financially educated nowadays and so they spend wisely knowing that there are expenses in new year.
1 person likes this
@ilocosboy (45157)
• Philippines
5 Jan 18
I believe people know how to spend their money wisely
1 person likes this
@Letranknight2015 (51487)
• Philippines
6 Jan 18
Must be for the Chinese New Year, I'd rather not, let them spend.
@ridingbet (66857)
• Philippines
6 Jan 18
no, i don't think people are still 'rich' after the holidays. it does not also mean that we get poorer after the holidays because we spend much. i think their budget for the holidays are not yet all spent so they are doing that especially if they received their 13th month pay or bonus. of course too, they must save some amount for emergency purposes.
