An interesting article in The Guardian caught our attention in the 247Moneybox.com office. Andy Clarke, chief operating officer of Asda, says the recession has changed the way people shop throughout the month: ‘When they have just been paid, they buy steak. By the middle of the month, when money gets a bit short, they switch to mince.’
We thought it worthwhile including an extract here for your information:
Clarke says Asda started to sense that the economic winds were growing chillier last summer. ‘Ready meals are down 50%, but raw ingredients are up by a matching amount. There is a move away from premium brands to private labels, a decline in sales of still bottled water, but hair colourants are up 60% because women are having their hair done less often. Childrenswear is performing well because the last thing consumers will give up is new clothes for their kids.’
A few questions are raised here - what about those who can’t stretch their paycheque until their next pay date? What do they eat? At www.247Moneybox.com, our aim is to help out with cash advances - used responsibly, these can be the answer to immediate financial needs and cashflow problems. Obviously finding the cash for food shopping is an immediate financial need. Short-term loans from 247Moneybox.com are a fast and easy way to get the payday cash advance you need, when you need it most.
Visit our website and find out just how easy it is to apply and, once approved, how quickly you can receive your cash loan.
Tags: Month End, Online Cash Advances, Payday Cash, Shopping, Short-Term Loans
