What is high and low economic culture of a person?

A high economic culture of a person is the ability to divide their profits in proportion to their needs and purchases, a low economic culture is the opposite behavior, when a person spends money without regard to his profits. An example of a low culture is when a person spends all of his salary immediately without counting on the following days until the next salary. In general, economic culture is formed on the basis of – religious, cultural and legal norms of society. The choice of the economic model of behavior – characterizes the general culture of the people.