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Women's Legacy Project > Blog > CREATE > Blogging & Writing > Buying Local Means 73% of Spending Stays in Your Community

Buying Local Means 73% of Spending Stays in Your Community

Written by: womenslegacy
Published: October 20, 2011 -- Last Modified: October 20, 2011
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Buying local isn’t just about shopping at local craft fairs a few times a year.  It is about keeping as much of your hard earned money recirculating in your community where it will benefit you and your interests. Local products and services exist in every category of business in nearly all regions of the country.  Nearest provider ends up translating to least expensive provider in the long run if we look at all the costs.

 

 

This graphic is from and links to the most often sited study that shows how local spending stays in the community and supports local community functions.  It is sort of like your blood or oxygen supply, communities have to take in money and recirculate it through the lifeblood of the local economy or the local economy dies, it is just like if we don’t get enough oxygen for the blood to circulate, we die.

Short term savings are very enticing.  Money in your pocket jingles nicely.  But less jingle can translate to the wonderful sound of flipping through crisp bills later on.  We as a nation seem to have forgotten this.  The notion of investment has become tainted and intertwined with speculation as the later has come to overpower what was once understood to be the cornerstone of a sound personal and national economy.  Saving and putting your resources, however meager, behind processes and products you believe in is an entirely different beast than gambling.

Examinations of these concepts comprise future blog entries as does the wonder of rag rugs in what I hope you will find to be a delightful blend of things that matter to women as we each take care of our home and family at the most intimate and the most complex global levels.  We all take care of the household we know as Casita Gaia.  If women don’t do it, it doesn’t get done.

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Categories: Blogging & WritingTags: Blogging & Writing, Blogs

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