Tuesday, March 10, 2009

Who Are the People in Your Neighborhood?

People are spending less. The economy has fallen in the low-flow toilet. School budgets are being squeezed to the point of no return. No news there.

We now hold a greater responsibility as to where we chose to spend our money. We can drive our cars over to the the big chain store to save a few cents. But are we really saving?

When we shop at a locally owned store and spend $100; $45 of our money will go back onto the local economy. Keeping our money close to home is good for all of us.

On the flip side, when shopping remotely or shopping at a nationally-owned chain, the numbers are very different. Spend that same $100 at the chain store and only $14 of your purchase will go back into the local economy. Is that worth the few pennies you saved at the register?

Speak with your wallet. Take a walk down to the mom and pop pharmacy to buy your cotton balls and band aids. Visit the small grocer that you have been meaning to check out and pick-up the ingredients for tonight's dinner. Even better, look for food products that have been made in your home state. Go ahead and patronize the small restaurant down the street instead of visiting that same chain.

I live in a small Connecticut village with quite a few stores and a couple of restaurants. Again and again I hear people talk about the downtown businesses and how they've never patronized these businesses. Yes, everyone has great intentions. It's time to follow through on those intentions and support our neighbors.

Bob from Sesame Street best summed up my thoughts with this song. It was a favorite of mine as a kid and I sing it to my kids (When did the kids learn to roll their eyes?). Enjoy!

1 comment:

Anne Walk said...

Interesting statistics on shopping!

I agree with you that keeping supporting the local economy is a good idea but I also understand wanting to get the best deal for your budget and that, too often, means shopping the big multinationals who have little regard for local economies OR the environment. It's so difficult to find a balance between these things, isn't it?