BUY LOCAL AND BOOST OUR LOCAL ECONOMY
HELP TO ENSURE OUR COMMUNITY IS SUSTAINABLE
In order to boost the economy of our town it is vital that we all make an effort, wherever possible, to buy goods and services locally. Clearly, we have to be sensible about this and we all want to make our money stretch as far as possible.The important thing is to understand the underlying principle – that if money is re-spent locally then it helps to strengthen the local economy.
From a purely economic point of view, every pound spent outside our immediate community is lost, never to return. Whereas every pound spent in the community is more likely to stay within the community and be spent over and over again, creating wealth locally. Reducing energy bills and running costs also ensures more money stays within the community so please think about our local economy before you spend your money outside the town.
We all want to retain our freedom of choice but it is always worth bearing in mind how much it costs you to travel to buy goods and services outside the town. We often do not measure the true cost of personal transport but a useful guide is the Tax Man's limit on allowable travelling expenses which is currently 42 pence per mile. So a round trip to Grimsby will cost you a minimum of £10.08 ie: 12 miles each way. A visit to Lincoln will cost you a minimum of £25.23. Not so bad if there is more than one person in the car and you spend a lot of money but a substantial cost none the less. If you only buy one or two low cost items the overall cost can well exceed the cost of buying locally.
SO, THINK BEFORE YOU BUY.
BUY LOCAL IF YOU CAN and use the Caistor Directory to find your local suppliers.