concept   borrowing money
culture   East Asian countries
statement   In East Asian countries, borrowing money is uncommon and disapproved of due to their reliance on savings and personal networks.
2 similar statements
# Concept Culture Statement Freq.
1 borrowing money East Asian countries Borrowing money for personal reasons is often seen as a sign of financial irresponsibility and is generally frowned upon. 1
2 debt instrument East Asian countries Less commonly utilized investment vehicle, with a heavier reliance on savings and personal networks for financial assistance. 1