Updated: Jan 9, 2022
Why your shopping dollars matter & effect your long term community experience in ways you may not have considered before.
The money you spend can infuse the community all around you with new life. It can help build the small businesses in your area to assist the families and employees of small businesses to grow and prosper.
“Your money can help those in your community or make you complicit in draining money from the very own community that you live in.”
When you spend your hard earned money at large corporations you are often funding systems of generational wealth that work to keep tax dollars away from your local community and instead to build their own coffers in ways the average fails to have the comprehension of. Spending money at large corporations, specially corporations that fail to give back, is giving your money to systems of business that make CEO's millionaires and billionaires. Your money is literally funding the payments of extra million dollar houses and yachts. As opposed to helping a small business in your local community pay their rents and mortgages. Never mind infusing their businesses with profit that gives them the abilities to pay for dance classes and sports equipment for their children. Not to mention the possibilities of actually be able to afford to send their children to collage. Or even for the small business owner to pull themselves up by the bootstraps and go to night school to further their own possibilities in life. Your money can help those in your community or make you complicit in draining money from the very own community that you live in.
There is Proof in the Numbers.
Studies have shown that local businesses recirculate a greater share of every dollar as they create locally owned supply chains and invest in their employees. Data shows that local retailers return 52 percent of their revenue back into the local economy, compared to just 14 percent for national chain retailers.
Here are some links to assist you in your research. If you would like to dig in deeper on these facts.