Better pay doesn't mean better life
(chinanews.cn)
Updated: 2006-10-19 14:45 In Shanghai, there are some female white collars
who earn more than 10,000 yuan a month and yet live a "poor" life. Recently,
they posted a letter on the Internet, asking people to help them to curb their
desire for constant shopping.
 A woman wrote an article on the Internet, listing all the
things she wishes to buy, including cosmetics, leather goods, and clothes. She
wants someone to persuade her that all these things are junk and are not worth
buying at all.
Ms. Xu works in a US company. Whenever she has the time, she will go
shopping. Her friends can never stop her buying. As a result, the money in her
credit card is easily gone. At her house, the room is filled with all kinds of
cosmetic goods, ornaments, clothes, etc. She says she knows all these things are
unnecessary, yet she just can't help buying them.
A related institution recently conducted a survey among some 350 white collar
workers in Shanghai. The survey shows that half of them have got a pay raise by
50%, and 30% of others by 30%. In fact, the salaries of white collar workers in
Shanghai have been raised substantially over the past few years. However, 70% of
these people have cut down their money input in investment, savings, and pension
funds. At the same time, their expenditure on shopping and leisure activities
has increased greatly. Most of the people who keep this consumption mode are
women who earn high salaries. (For more biz stories, please visit Industry Updates)
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