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Flexible Consumption by tarazkp

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· @tarazkp ·
$46.13
Flexible Consumption
<div class="text-justify">

Over the last months of the pushback against the work from home culture, I have often read that the number one thing employees value, is flexibility. Due to this, they are all for working from home. This is actually bullshit, because the number one thing that employees want from their employer, is obviously, 


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23tw8ACGKBrDEcn1j9PCphbZ7V2nA2NpjbBV7i84fA1KwZV5J5Rv8SsNq5FHu5VnhB5tN.png)


>A Paycheck.

They aren't working for the fun of it, they are working for the money of it. And, there is already flexibility in being employee, because it means not having the responsibility of an owner. If the same people were to choose to be an entrepreneur, they would have all the flexibility they want, but  would soon discover that they aren't free to do as they choose, when they choose, because for most businesses, things have to be done at specific times. And, if they were to have employees, they would realize soon enough that they want them to be as productive as they can be, even if they also want them to have a good working experience.

A global finance company is now "demanding" that people come into work two days a week, *as per their hybrid working agreement,* as they have found that people are breaching the rules - that means, breaching contracts, *a fireable offence.* 

Personally, I find it incredible how entitled some employees have become these days, but listening to their wants is the equivalent of having Homer Simpson design his own car, it just doesn't work. The structure of organizations have to have some level of rules to follow depending on what needs to be done, but also be able to meet various human needs. Someone sitting behind a desk can work from home 100% - unless they are a receptionist welcoming guests. Is that fair? Does that create interpersonal issues in the office when blue collar workers on a production line have to be onsite, but managers don't? 

>Where is the compromise?

Hybrid working conditions is the compromise, but if employees aren't going to honor the plan, it fails, breaking the value of the organization itself. This reduces the value of the company and ultimately, people will have all the flexibility of their time that they want, because they will be unemployed. 

Which takes me into the next part of this post, which is the constant argument over whether housing was more affordable in the past compared to now. Obviously, it is less affordable now, but there are also changed cultural conditions that make it even worse for the young, because their cost of living has gone up. 

This isn't just in fuel and food prices, it is in everything, because what they demand has also changed significantly from the past. For instance, a house in the eighties was quite modest, relatively small, average fixtures and were very, very low tech. Now, they are larger, fitted with luxury components like guest rooms and extra bathrooms, and decked with the latest technology.

But, there is more to it than that too, as people have more cars, everyone has a phone and multiple internet connections, they are subscribing to many streaming services, eating out more, snacking more, buying more clothing and gadgets that didn't exist earlier, with more shoes, more watches, more speakers, more holidays, more screens, more appliances....

>More, more, more....

"Back in the day" we had one twenty year old television, a washing machine and no dryer, a stove and no air fryer, and subscribed to nothing - not even the newspaper. We live in a culture that emphasizes consumption, and people are consuming more in every way possible. Using the US obesity figures (food consumption) is a good illustration of consumption over time.


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/Ep1cmpr3NLf9oaBEtnboHi2y1L7nqXCde161ca5vu7szZ7TzyncqeKKEUeV3TrTZJ6W.png)
 

And that is *obesity,* not just overweight. If the gap years were added in from the earlier records, it would show a nice smooth progression of consumer behavior, and change in culture. This has happened for pretty much everything we are consuming as individuals and at scale, it is a massive economic force that makes plenty of wealth, for a small fraction of society. The economy is a mess, but the wealth gap is created through incentive, and the incentive to consume more is *very strong* in most of us.  

When *the Boomers* are saying that younger generations are consuming too much, they reference things like going out for coffee daily (which people do and past generations did very rarely), takeout and home delivery, unnecessary streaming services, abundance of paid entertainment, and the list goes on. What we eat is different too, with more processed foods, less home cooking and a lot more demand on variety. 

>Life is more expensive.

But, it is also more expensive because we demand a lot more that has to be paid for, in a quality that costs more, from goods and service providers that are better at marketing and better at profiteering. We work for those companies, yet even then, we demand them to provide more options, more consumables, more perks, more flexibility. All of this comes at a cost and ultimately, the consumer will pay that cost, driving prices up further, making costs of living even  more difficult. 

The younger generations aren't wrong, the costs of living are higher. But, the older generations aren't wrong either, we are consuming more too and, an lot of what we consume is non-essential. It might be essential to have an internet connection, but it isn't essential to have a PlayStation, Netflix, Spotify, Prime, HBO, order takeout, pay for food delivery, watch 100 movies a year, a 1000 series episodes, go on an international holiday, have multiple new cars bought on finance, clothes and shoes bought through a BNPL...

All of the consumption is a demand and the more we demand, the higher the price goes, which is further put out of balance of so much demand coming via debt mechanisms, injecting future cash into the economy. 

>The demands are endless.

The thing is, no one can have all they want. 

There is a cost to every purchase and every opportunity. Buy this, lose the availability of that. Put it on credit, pay a higher amount. Get flexibility in the workplace, lose potential to be promoted and get payrises. Every action is met with a reaction and every decision, has a consequence. We have to come to terms with our wants, needs, and what we are willing to do to fulfill them. 

It is all about scarcity and we are finite beings with limited availability in everything that we are. We have limited time, money and attention. we have limited intelligence and skill, and we have limited energy and focus. If we demand too much in one area, it is going to cost us in another, in the same way that if we consume too much of one thing, it is going to have an impact on our well being in other facets of our lives. 

The more people work from home, the more possibility there is for those who are willing to work from the office. The more people consume, the more opportunity there is for others to benefit from the consumption. 

We can argue about generational differences, whether the boomers were wrong or had it easy, or if the latest generations are living too far beyond their means, but it is each of us as individuals who have to live with the conditions of our lives and the outcomes of our decisions. There are boomers who failed miserably to take advantage of the conditions, just like there are going to be a few GenZ'ers who succeed to take advantage of theirs. 

The question really comes down to the individual person and what they want from this life, and what they are willing to do to get it - including what they are willing to sacrifice. 

There is *always* a cost of living.

So, if you had to give up one, which would it be - workplace flexibility, or the paycheck?

What is the cost for the loss of each of them?

Taraz
[ Gen1: Hive ]



</div>

Posted Using [LeoFinance Alpha](https://leofinance.io/@tarazkp/flexible-consumption)
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vote details (478)
@aftersound ·
Interesting breakdown here, I had no idea there was a massive pushback against WFH culture. The pandemic seemed to solidify that many companies were still able to function while having a 100% remote employee base. We can talk about the efficiency of the workers, but also there is tremendous opportunity to save on office space for companies so in a way those can offset one another.

It's hard to imagine many people wanting to go back to an office full time so I do believe hybrid is the next best solution. I'd say that although the paycheck is important, if not essential, to why people work - many would take a lower pay if it meant more workplace (and therefore life) flexibility. At least, I know I would.
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@cmplxty.leo ·
$0.18
The big thing for me is flexibility to work from home at this stage in my life. I’m completely remote and it’s good as well as bad but the primary thing is location of the offices I had to work in. To get a good job, you had to drive 60+ minutes a day to get to the location that had those jobs and you couldn’t afford to live near them if you weren’t a millionaire or wanted to be a debt slave the rest of your life, with a house that cost 8-10x your yearly wages, and that’s just getting 20-30 minutes closer. 

If I were told I needed to go into the office full time I would suck it up for now but would absolutely be looking for a different job, with how things are for us right now it’s far better to have me home than not. 

The consumerism is quite rampant and crazy these days but you also can’t blame the consumers for all of it. These damn companies are making their own services and trying to carve away from groups and bundles and that makes more shit to do and get. The main reason they do it though is because people forget to cancel or don’t want to go through the hassle of cancelling so they just let it go. The fitness clubs learned this and have been making millions per year. Keep the monthly fee low enough and people will use it for a bit but then stop and not cancel it. It’s on the verge of a racket, to be honest. 
👍  
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vote details (1)
@tarazkp ·
I wonder how much of this comes down to urban planning in terms of office space and traffic conditions? I also wonder what happens with better urban planning. I do think that a hybrid option is the best fit, but it isn't always possible. Most of our people in the US are remote. 

I also think that the commute to work isn't that bad, if using the time well. I quite enjoy the opportunity to listen to something, or think something useful. 

The companies know how we behave and will therefore leverage it to make profits. If profits were tied to the health and wellbeing of society, the product range and the way it was enabled would be quite different. What if gyms were paid by utilization rate, or the health of their users? 
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@cmplxty.leo ·
Well sadly the health and well-being of people doesn’t benefit the pharma companies which profit the most of the insanity. Until that lobby is dismantled, I don’t think that model will change sadly. 

I would rather move further outside and away from the offices, we just can’t afford it right now. I would rather live further out instead of in the hustle and bustle of the urban shit-holes lol
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@coinjoe ·
Before I retired, it was more important for me to have flexibility than payraises or promotions. This was mostly due to my health. However when I was healthy you couldn't keep me away from the office. I think we talked about the work from home thng before. I used to be a big fan of it, but not so much after doing it constantly for almost 3 years non-stop and off and on for 5 years before that. 

With regard to the consuming and costs. Yeah, I mean it is all about what something is worth. I try to tell my youngest all the time before he buys something to look at not as a dollar signs, but as how many hours he has to work to pay for it. He wants to buy a meal out, how many hours did he have to work to pay for that McFatty? Is it worth it now? If so, then okay, go ahead. Usually when I remind him of that he changes his mind.
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@devpress ·
Here's another take. During the Pandemic most of the Rich people were hopeful for the AI and the automated machines taking over before 2023. And look what do we have right now. A web scraper that is posing as an terminator like AI? 

Now they are making people work to the stage this AI would be really useful. Till then the life would run normal like pre pandemic. And once the AI gets matured and has enough means for the development without human intervention, then maybe they would start firing people for good. 

For now they need people in the office and they also need people for products to be promoted through sales and marketing, because AI can't do that as it's not real human in outer world.
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@ducecrypto ·
> people will have all the flexibility of their time that they want, because they will be unemployed

Yup, that's where I am now... once again looking for a job. I would LOVE a hybrid role! I miss the office interactions and social events with my coworkers. I would be happy to sacrifice some of the comforts that go along with WFH if it meant getting back to a consistent paycheck, getting yearly promotions, and some benefits. I would miss the flexibility to enjoy travel while WFH, but ultimately I would much rather the comfort and stability of some meaningful and lasting employment. I'm growing weary of all the gig work and independent contracting. 
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@faniaviera ·
$0.15
very nice reflection you touch on important issues is as you say it is important to be aware that everything has a cost and that our choices and demands have an impact on our quality of life and the economy in general. We must be more responsible and make intelligent and balanced choices, instead of simply demanding more without considering the consequences.
👍  
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vote details (1)
@tarazkp ·
>We must be more responsible and make intelligent and balanced choices, instead of simply demanding more without considering the consequences.

I would suspect that most people in the western world, could cut down very large amounts of their expenditures, without actually costing them much *real* quality of life, if any. In many cases, they would probably gain quality. 
👍  
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vote details (1)
@faniaviera ·
Well, you are absolutely right, but how to change the consumerist mentality sometimes many people find it difficult or are afraid to change.
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@frostyamber ·
$0.18
Hello my friend! &#128522;

You have a talent for stating most of the stuff I'm thinking but can't get down into words, thank you for that, it's like you've been inside my head for most of this post. I don't know how you did it, okay, I know you didn't, and great minds are just thinking alike again, but it doesn't make me wonder how many other people totally agree with you in their minds and just haven't been able to put these sentiments into words before seeing this post, like myself...

At this stage of my life, I want to be debt free, which I'm working my butt off for right now and hopefully, Lord willing, by the end of 2025 we will be. You're right about their being sacrifices to everything though. We're sacrificing going out to eat, getting a new-to-us vehicle, a new stove, clothes dryer, and some other stuff, to try to ensure our debts are gone by then. It's hard and not fun when you sacrifice going out with friends/family, so you can put those funds to debt pay down, but it's the only way that I know how to do it, so I soldier on. It will be worth the sacrifices to see our bank account out of the hole and knowing our debts are paid off and we are free from that yolk, finally. &#128522;

I wish that moment for everyone, the weight of debt is a heavy burden and I'm looking forward to dropping it soon. &#128522;

I have to go get my day started now, so I'll say goodbye and chat with you again soon. &#128522;

God bless you and your wonderful family. Have an awesome day my fabulous friend! &#128522;
👍  
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vote details (1)
@tarazkp ·
>You have a talent for stating most of the stuff I'm thinking but can't get down into words, thank you for that, it's like you've been inside my head for most of this post.

This is something I actually aim for. I want to help people reflect a bit on their own experiences and see where they can improve their lives themselves. 

>It's hard and not fun when you sacrifice going out with friends/family, so you can put those funds to debt pay down, but it's the only way that I know how to do it, so I soldier on. 

The other thing to consider is adding (even a small) additional stream of income. Those small amounts invested or paying down debt can have a huge impact in a few years. 

Have a great day :)
👍  
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vote details (1)
@intrepidthinker ·
My thoughts on Hive and how it has devolved, and why I'm quitting after being here from day 1.

* https://hive.blog/hive/@intrepidthinker/hive-is-ran-by-policed-by-a-bunch-of-power-tripping-entitled-keyboard-warrior-pussies-that-jerk-off-and-blow-loads-to-feeling
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@iskawrites ·
$0.15
No wonder the basic lesson in economics had been scale of preference. One has to lose one thing to gain the other. We definitely can't have it all. 
👍  
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vote details (1)
@tarazkp ·
opportunity-cost is very real. Yet, we often overvalue some useless opportunities, costing us useful ones.  
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@jfang003 ·
The demands are endless and I think most of us are spoiled by technology. We obviously want to keep our old life even if it is more expensive. So they are definitely after the money. I don't think most of them are thinking of more outside of that. 
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@les90 ·
$0.15
Mostly people prefer to working at home just due to flexibility of time. I see many youth now a day's who can't go to job due to time and they work at home, but i agree with you that they do it for money not for fun. 

As our income rises, our living style also become expensive. Last year my father gave me a good news that his salary increase but after a month he told me that his expenses also increase and maybe it's due to high inflation in our country 
👍  
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vote details (1)
@tarazkp ·
>Mostly people prefer to working at home just due to flexibility of time.

I wonder if there was a choice of work from home for 80% or from the office for 100% of salary, would people choose flexibility?

In general, a payrise only impacts positively for two months. The first month is the feeling of getting the payrise, the second is spending it on something. Then, it is gone, soaked up into lifestyle. 
properties (22)
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@les90 ·
It depends on their financial crises that which will they choose!!!
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@mattclarke ·
$0.55
I'm a big fan of working from home; but I've noticed now that end of year performance reviews are due, the non-productive tier above me are scrambling to quantify how much their wisdom and guidance has boosted my results. 
So I have half a dozen millenials who've never done the job; looking closely at everything I do, and finding fault wherever they can; so they can send out feedback to improve my performance and offer that up as proof of their usefulness. 
Its hopelessly demoralising, particularly when I've done everything correctly, and need to educate them on the actual role and processes before they can comprehend how their correction was incorrect. 
👍  , ,
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vote details (3)
@tarazkp ·
$0.14
It was recently time for the Growth and Development Discussions in my company too, but it was quite a different experience for me I think.

But yes, this is a common thing in general, where they are justifying their roles, because they largely aren't doing much themselves. 
👍  
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vote details (1)
@mintfinch ·
What an iconic saying and subscribed to nothing - not even the newspaper.
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@rafzat ·
Well, one thing I have noticed is that a lot of us do not know how to manage resources. I think this is happening to me too but I am curbing it now 

A lot of people tend to increase their expenses when their salary increases whivh is a normal thing but some people do not know how to control it so they will just decide to go for things that they cannot afford which does not really make sense

The fact that our salary has increased does not mean that we should drastically increase how much money we spend.. 
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@sahidclement10 ·
$0.15
Great post @tarazkp.
Though, i took my time to read this content, which makes total sense.
I still get confused with the **workplace flexibility or the paycheck stuff**, but from my own understand, i think flexibility isn't related to both the **employer** and **employee**.

**Employees**
You've already given an explaination to this, saying that they isn't flexibility for them.

**Employers**
Whatever the employees declares is what the employers stick with. I guess this set of people just follow rules, most especially in organizations where work loads are always pill up.
I think that **"people who work from home, tends to be more flexible, thereby producing more results"**. But, not all organizations allow **working from home**.

 >The younger generations aren't wrong, the costs of living are higher. But, the older generations aren't wrong either, we are consuming more too and, an lot of what we consume is non-essential. It might be essential to have an internet connection, but it isn't essential to have a PlayStation, Netflix, Spotify, Prime, HBO,

And i also agree with this. People tends to live extravagant lifestyle without even knowing. They see those things you mentioned as normal things. 

And i am sorry for pointing out this
 >PlayStation, Netflix, Spotify, Prime, HBO

But i think the companies incharge of those listed names above won't be happy for say their products aren't necessary.

My comment is too long,i guess it won't make any sense if i comment further, and i am not sure of what i even wrote, please do well to correct me and give further explaination. Thank you.
👍  
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vote details (1)
@tarazkp ·
>But i think the companies incharge of those listed names above won't be happy for say their products aren't necessary.

I don't write for them ;)
They aren't necessary - no one dies if Playstations disappear. 
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@sahidclement10 ·
Lolzzz😂, that true.
But we might also consider the fact that some people are addict to it 😂
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@videoaddiction ·
First of all, I think an employee works remotely much more than when at the workplace. Besides, having break more than 10 mins might seem suspicious and be considered as goldbricking. However, I think there should be flexibilty at work so that one can work remotely whenever needed or intended.
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@zaibkang ·
$0.15
Work from Home have its own advantages and disadvantages, and working at work place also have its own advantages and disadvantages so the best way is to have balance between these two options, it's also different for every person some even don't have jobs, some have but only option is working from home, it's not everyone's own choice 
👍  
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vote details (1)
@tarazkp ·
> some have but only option is working from home,

I worked from home running my own business for many years, but I had to visit customers almost daily. I also wasn't able to do an eight our day, and there were no guarantees I would have work. Plus, I had to do every job in the business, and those I couldn't I had to pay someone to do. It isn't easy.  
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