Topic: Do you find yourself doing unnecessary purchases when there is plenty.. (Read 426 times)

Yup.

I guess everyone does because we don't have to think of money and if we can afford it or not because the thing is, we can. I am guilty that I'm telling people, friends and family to live frugally but then this is my way of rewarding myself so I think that it should be fine.

Because the things that I think that are unnecessary purchases for me although not yet in used for now but maybe in the future like tools but most of the time, foods.

Yes, I also noticed in myself that I always buy things that are not necessary especially when I have a lot of money. Then when I'm short on money, I'll just save because that budget doesn't seem to be enough.
I also remembered that I borrowed money from my friend because I was short on money in those days and he couldn't lend it to me because he needed it too. So after that I really changed myself. The things I bought are also piled up at home.

Actually, this tendency is more common when we suddenly get more than what we want It will help to maintain consistency and if we do not invest savings then the result will be like before then there will be nothing to despair an above.Every person should try to manage himself and his expenditure by making a budget and if one fails then there will be an imbalance between his income and expenditure then he will have to face up to it Backwards will come down quickly. Of course, we should plan properly and not spend on luxuries or unnecessary things other than those that are necessary Income should be considered.

*This trend is more common when there is a lot of new money in a hand and the failure stories are more common in these cases.

This is a human nature mate.

like you said there is Plenty , so we can have some amount for unnecessary purchasing.

But at least consider not spending Higher than what we earn .

Hahahaha, thats funny but sometimes correct .

Do you find yourself doing unnecessary purchases when there is plenty.


No! Ran out of money doing the necessary purchases.

To comment on my own behalf, it actually doesn't make any sense whether I have a lot of money or not for unnecessary expenses. To give an example of how I spend my salary, I usually think that since I have just received my salary in the first days of the month, I have money after all and I start spending like crazy. Of course, after a certain point I have a limited amount of money left because I spend most of my salary and then I start spending it thinking that I can at least buy or do this because I don't have much money left anyway. So when it comes to unnecessary expenses and me I see that I consume meaninglessly 😃

In summary, while I spend recklessly since I just received my salary at the beginning of the month, I continue to spend my money which decreases in the middle and towards the end of the month thinking that there isn't much left anyway. At the beginning of the month, I feel like a sports car with a full tank of fuel and at the middle and end of the month I feel like a truck whose brakes have burst and continues to go downhill by pressing the gas.

I must admit to myself and to you guys that unnecessary purchase is indeed my kind of thing , but not like others that I blame this attitude? for me its not because sometimes what I did bought unintentionally had bring me comfort sometimes.

Like recently when I bought a Cute Bluetooth speaker as I only come across in a market ,yet I still have my JBL speaker meaning this is just an excess buying.

but what made it best? after few days of purchase? my JBL speaker stopped working so that cute one needs to takes place, though this is not really a good act because we can use that money for some other important thing.

That's good, although setting aside a little to save so that it can be used for urgent needs is in my opinion a good preparation so that when we are in an urgent difficult situation we can use the savings, and set aside for business. I think this is what everyone should have in managing their finances, everyone should force themselves to save if they already have an income and not prioritize lifestyle. I agree with you and I salute what you do in managing your finances.

Yes indeed managing finances is not easy there are temptations like you said about you always changing vehicles in order to look cool and capable, this in my opinion is not a wrong matter everyone wants to look cool to others, even though we follow a luxurious lifestyle as long as we can manage finances well it doesn't matter, but indeed some people find it difficult to manage finances and only focus on a lifestyle that wants to look cool without thinking about the future that exists by spending all the income they get, this is not a problem for me just if they can afford it then go ahead. So in conclusion, in my opinion, style with what you have, look sober and save money so that you have savings for the future.

Of course, to be able to manage finances and expenses well requires a fairly long process until in the end we are able to do it.
Even though I don't have any additional responsibilities because I am only responsible for myself, to respond to possibilities that occur such as urgent needs, I always set aside some of my money for savings and I also don't forget to set aside some of my income to be used as capital. investment to support my children in the future when I have a family or at least as provisions for when I am old.

And as I said, to be able to manage your finances well requires quite a long process and along the way, before I could manage my finances well like this, I once behaved stupidly by constantly changing to cooler vehicles so that I could look capable. in the eyes of others. Which actually I don't need to do because it will only cause losses. However, behind it all there is wisdom and learning that has made me a better person in managing finances and expenses.

It would really be called our nature as humans if indeed all the factors we have support such as for example what you mentioned with increasing finances then surely our purchasing power and desires will also be higher. But in my opinion this is not a matter of desire but only to fulfill needs if indeed your needs are increasing, it is quite clear that there are many factors that cause why you spend more money than usual, for example you already have children then obviously there will be money that you have to allocate for your child's needs, no matter with your finances increasing or maybe normal because it is a necessity that must be done.

But for lifestyle issues that are very much related to desire, I don't think it's necessary. If you're one of those people who has good money management then I'm sure you won't be tempted to allocate that money for things that you don't really need and don't need, like for example to improve your lifestyle. It's just a formality that is only to be shown to the public eye and that produces satisfaction that you can feel, not really giving benefits except for satisfaction. I am sure if you are able to manage it well then you will prefer to live as usual and allocate the money you have to a place that can provide you with more significant benefits for your interests in the future, such as investing or buying some property that will essentially be able to have a much greater increase in the future.

If you know a person that spends money unnecessarily then you should talk to him. Money this days are hard to get and to spend them unnecessarily because you have plenty is unwise. You can introduce the person to Bitcoin, teach him and tell him to start investing in Bitcoin gradually. Its better he spends the money on buying Bitcoin rather than spending on things without future hope. This is my humble suggestion.


I hold firmly to what you have just said. At most point in time there have been some periods when a man earns good salary or got a big pay from his job. The only thing is that at that period they do not have a plan that is why it seems they spent the money unnecessarily. The biggest way to stop wasting money is to have a plan. When you have enough money with you and you are tempted to spend money impulsively, ask yourself if what you want to spend on it will help you achieve your plan or draw you closer in achieving that plan.

This is something that is considered normal because it is human nature after all.
When our economy grows well and money continues to flow into our personal pockets, we will also indirectly adjust to the needs that will indeed become more than before. But that's just my polite way of saying this because in the end we will also try to become habitual and buy what we have never tasted which makes when our economy increases then the needs will also increase because our lifestyle changes.
This is indeed an action that actually makes a habit and makes us wasteful but on the other hand things like this are difficult to prevent because after all this is the nature of us as humans who always feel less and will forever be like that.

Can't really say it "unnecessary"

Most of the purchase I did, was thorough the planning so I can actually afford it instead of just randomly buying stuff without any plan first. As the time goes, that kind of mindset is always bugging me because maybe you would need that money in the future even though "it's flowing", I guess it's just a human nature and you won't get fed up with everything you buy, you just want more and more the only way to stop that "unnecessary" purchase is by yourself and you need to stop that once you experince it.

Yes. I experienced this when I was earning so much money too, I found that there's no limit to how much I spend but when the budget caught up I was faced with a harsh truth. I think learning about budgeting allowed me to actually leave the month with a surplus rather than ending the month with no money until the next paycheck comes. Once I started budgeting and tempering myself with discipline I started seeing differences in how I much I can earn and save, I'm a frugal person at heart and the country that I live in is not that expensive by the dollar, so I was able to save a lot of money after getting that massive reality check in the face.

Basically there is nothing like unnecessary purchases for me because for every dime I spend, it has already been predetermined and most times, I spend almost all of my money on health and that's why I also barely have to change cloths or make any unnecessary purchase and I don't even drink or smoke and due to my health, I also see those stuffs are unnecessary hence I don't spend on them and currently I'm the bread winner of my family and ought to be responsible  with every money in my possession.

So I basically barely find myself in situations of making unnecessary purchases.

All matters on how you would really be able to sustain it because this had been that typical issue on the time that you are living on a decent life on which you could really be able to buy on things that you do like or simply that being too lavish then most people do really end up on getting wrecked because of too much spending and their income cant really be able to support that kind of lifestyle. Yes,we do only live once and we do make outmost of it but there are really some dumb ideas and actions on which it isnt really that something worth to follow on, specially on this kind of perceptions in life that you should live life to the fullest and trying out to experience a life which you can buy on everything. Its true that we cant really be able to know on how long we do live on this world and specially if you do have your own family then budgeting would really be that necessary or something that should really be in default.

We know that there's no such thing about unlimited fund and if you do keep on spending on something useless impulsively and time comes that you dont have enough money anymore
on supporting your impulsive buying or spending then this is where or when the time you would really be regretting in all the actions that you had made out earlier.
Regrets do always come at the end and dont make yourself that come into such point that you would really be struggling on living.

Many people continue to repeat the mistakes they made. And he finds himself in a dead end. What separates you from those people is that you know what your mistake is. You are aware of the situation you are in. You can solve a problem that you are aware of. If you weren't aware of it, I can say that the real problem existed then.

Stop repeating your mistakes and create a plan. Move forward with the plan you made and watch your own success as you don't repeat the mistakes you made.

It's just life man, life sometimes doesn't let you end up with money at all and you end up with trouble, there isn't much we can do about it and just have to agree that it's not going to happen in any other case, it's just how it works. I believe that we need to realize that we are not going to end up with anything that is decent or anything that is scary, we just have to end up with something that would be as much as we can do so that would live decently.

I personally prefer that we could end up with a situation that would be as decent as it gets and that's how the situation goes on. I get that sometimes we can fail, but all we can do is keep trying and just move on with life, just try and keep trying that's more than enough.

Sometimes money can make us forget everything, including planning how to use the money.

As in the previous incident, I planned that when I get my monthly salary, I will use the money to meet my needs, give some to my parents and set aside some for savings. But in reality, after I got my monthly salary, I did something careless by spending most of the money to buy the latest cellphone. which ultimately resulted in my needs not being met, I couldn't give money to my parents and I didn't have any money to save. And to answer all that, like it or not, I have to take out a loan because my parents need money and my needs have not been met. And unfortunately, after a few weeks I had to sell the cellphone to be able to pay off my debt.

However, starting from this incident, it made me aware and made me someone who is able to carry out good financial management.

I perfectly remember my insane state when I saved up a lot of money for bounty here on the forum, and also to check a number of successful investments, it gave the effect of compound interest - a very good profit. I went into the store and took everything I like. And only when cryptocurrencies stopped growing, and when the era of ICO passed, I found out the prices for a lot of things I bought in the store without thinking. My spending has become much more reasonable, and I have installed an application where I record all my purchases.  

I would like to give advice to everyone who goes bitcoin - guys, sometimes withdraw cash, don't save up all the time. Because if the cryptocurrency winter comes, you will be left with pennies of profit.

This may have the opposite effect. Maybe that’s why you shouldn’t be overly thrifty and spend money while there are actual needs for purchases.

Probably no flow of money will last forever. Therefore, it is better to create alternative, backup flows in advance so that you can switch to this.

What if this is a necessary want?

Yes, most purchases are done emotionally, and corporations have mastered the art of invoking these pleasant emotions which leads people to be loose with money,

on the other hand some people prefer owning things to money by default as fiat money is in infinite supply and on a path to getting continuously devalued against all commodities...

Another effect is people are usually more inclined to spend their earnings in the same venue that they gained it from, for example if you do well in the stock market or crypto assets, you are far looser when taking more risk in those venues vs an outsider or a less experienced player...

With all profane credence to what you have said, I think food and buying food is such a necessary essential especially when you have taken it into your system and it will nourish you except you bought it and emptied it to the waste always but if you want to treat yourself to a sumptuous meal, that should be very fine. Sometimes people decide to eat outside with their families too so nothing is wrong with that IMO and buying personal belongings like you mentioned, clothes etc. But if you are frivolous to what you use your money on then it should be unnecessary.

I think money has a spirit. When you have money that you are not using, you will end up spending it unnecessarily and buying things that are not necessary. But once the money is in, it’s better to get an investment or a business running with the money. There are some people that are so disciplined that if they have the mindset of not spending the amount entering, then they are not going to touch it, but they are just a few people. When you have money, you will notice that problems will keep arising.
 
When I am expecting money, sometimes I do promise myself that I am not going to touch it or spend it unnecessarily, but if I receive the money immediately, I will change my mind and end up getting things that I don’t really want.

I like to think that I spend unnecessarily when am mostly hungry. Perhaps I want to eat something very different from what is in the house and I go out to get it, I might just buy more than what I wanted because everything at the moment looks enticing and appetizing.
I have also observed it isn't only restricted to food alone, even when I try to get me some footwear or new  cloths, I overbuy in the instant and just go home to reconcile my account.

It used to be a very common experience for me to do unnecessary purchases when I have fiat in hand or feel very hungry and can't decide on what to eat.

We cannot judge that it's something we cannot use later because we are buying them because we have money with us and not because we needed to buy them at that particular time, under budget, we have wants and needs, if there's anything we are buying and we don't need them at the moment, its as if we are wasting time and money on them, a time is coming we will be having budget deficit whereby money at hand may not be sufficient enough to buy what we needed at that moment.

If you are someone who has a difficult type of saving other than crypto have you ever saved bank type or left it with your own relatives or people you can trust? it's hard to save money in the type of money not everyone can do it but if it's to spend money I think everyone can do it haha. but saving or investing in crypto is not bad but it depends on the person, the benefits in crypto in my opinion will be obtained by people who only have discipline and a good plan from the start because it is about the long term. it's not easy to wait or invest for a long time and not everyone can do it.

If you are a person who likes to have fun by spending a lot of money, of course you have enough income or income even more than enough, indeed people's pleasure points are different like you who like to have fun and spend a lot of money, this is not a problem for me, but I suggest saving apart from crypto, try saving in the type of money stored in the bank because saving like this can help you if you are in a position of urgent difficulty so you can take it unlike crypto which seems to be difficult to take when you need it in a state of urgency even if you take it for a long time.

We humans seem to never be satisfied with our wants. I will have a phone that can enable me to do whatever I want to do in life and don't have any problem with it, but still, I will still have my eyes on a higher one that appears to be a view version and all of that, and if it happens that I have the money available, I will go and purchase that new phone. This happens a lot, and it's nothing new, which is just a means of spending unnecessary.
 
Personally, I find myself wasting a lot of money on things that ordinarily I should not have considered doing, but most times I don't also see it as a waste of money, provided that I can afford to foot those bills. All one wants is comfort and pleasure, and some of those spendings are a result of trying to fulfil that desire.

I do this time to time. But not frequently. I have been facing this problem to save money. I don't know why but I'm on able to save money when I have decided it multiple times. I have acted on it and did save some and the past. But after sometimes when there's something new on the market that I have wanted for a long time, I will spend that money regardless. I have thought about investment, but as I said I am able to keep money in my hands. So in the end I'm just left with nothing. And I have suffered a lot.
I'm searching for a solution. Sorry to say it here. But I'm looking for solutions to. I am open to any kind of suggestions. Feel free to give me any kind of advice.

With my little experience, what I observe is that, if there is plenty of money, there will also be a lot of things that the money will be spent on, but the most important thing there is that we should not spend unnecessarily, because the unnecessary things don't matter at all. One should try to do the needful and if there is still more money, then saving it would be a very good idea or add it to Bitcoin.

I have once been in such a case where I had a lot of money and I didn't know what to use it for, so after spending the whole money, (carelessly), I realized that money is not meant to be used carelessly. Some people allow money to control them, but we shouldn't allow such to happen to us. I believe that if I can control a lot of money, unimaginable, then there is nothing I can not control.

What happen to scale of preference where you list your needs out?
It's normal thing to feel that way but only when the amount exceeded more than your problems. You can't buy the things you want and sway the things you need, that's waste of money and lack of self descipline with money management, that's what I feel though, don't take it personal.

Since you are not looking got solution, personally I don't buy things that are of not use for me in that point in time. If I do, then it's not for me, perhaps I bought it for another person. Anytime you see plenty of money and you want to buy the things you don't need, think about the days you had nothing and you have to struggle to make a living, just maybe that will clear the thought of buying unnecessary items.

Personally, I don't really see buying unnecessary things as a problem, as long as you have enough money for it, then go for it.
Sometimes, it's refreshing to spend our money for things that we want, may it be for our entertainment and or luxury. There's nothing wrong to treat ourselves from time to time because we also deserve something as a reward for our hard work. Just make sure that it does not compromise your budget for your necessities and that you still recognize the things that needs to be prioritized. It is as simple as this, if you think that you have an extra money then there is nothing wrong about spending things that you want. It only become a problem if you don't have enough money and you still continue to practice impulse buying and you were not able to sort out essential things from the things that you really don't need.

I wouldn't say they're unnecessary since it's still something I could use. It's just not up there with the top 3 or 5 most important things to purchase at a certain time. If I have more leeway or allowance then I tend to buy these things that I've put in the back seat without emptying my savings.

That is what must be done, but controlling oneself from desires is a difficult thing.
Everyone certainly wants to be able to manage their finances well in order to save or invest for a better future, but sometimes in certain situations we will be tempted by the things we want even though they are not that important.
I think this is normal for humans, it is indeed difficult to control, but gradually we become more aware and in terms of things, this can be minimized by fulfilling important needs first. I also used to lose control of myself so much that I spent on things. which is actually not important, neither is it now but I have slowly changed it to not as much as before.

Well somehow my parents have kept me in the strict nature of not doing those things. Since childhood things have been very different for my family. Considering my parents were not that blessed with the monetary levels they ultimately taught us to live life with what we have got and if on bright day if there is somehow more money in their accounts then would tell us that they are saving it for our future. For example, marriages, further education and what not. This gave us learning to save money for the emergencies even if you have got more than enough. One thing was clear in this story, the situational awareness is very important. I am not sure how it works in the western cultures but here we are joint families, there is no nuclear thing here. You have to keep money in the emergency funds. You can't just pack your bags and fly to your dream vacation just like that. It's both good and bad at the same time. Its just about how we look at it.

It depends. If I were younger, early 20's, the chances of having unnecessary purchases would be high. I might see myself purchasing an item that depreciates its value, having liabilities instead of investing in assets. But at my current age, I already know the importance of having an investment. Even if there's money flowing in, I would avoid big purchases that I do not need. I'd rather secure the money I can earn until I retire and enjoy my old age. So even without working or asking my dependents for money, Providing myself with money for vacation or for my needs, I won't see any problem.

Instead of using money on unnecessary purchases it is better to save it in the form of Bitcoin investments or buy something that can store value. It is human nature to quickly get bored with something that is considered used goods because there are already new products. Those who feel they have enough money will immediately buy a new product just for the sake of prestige. In fact, if you can manage your finances well, you can save even more if you don't use money on unnecessary purchases.

I find myself doing unnecessary purchases even when money is not flowing in haha. I have manageable debt, I would never get in financial trouble but at the same time, I am not great at saving (aside from the crypto I already have). I like to have a good time & often that includes spending a lot.

To be honest in this regard, most people do spend money any how they like whenever they are having it sufficiently or in abundance, that is when you will discover people using money on what they never planned for, i don't blame some people who always avoid holding down money with them unnecessarily than having them in investments instead, some will also tell you that they cannot hold cash at hand because it will always be used for things not planned for, which i agree that we most likely fall under this influence even though we are not being observant of such situation when it's happening.

Not always you have money, still ideal to make a good investment and savings in case of emergency, people sometimes become a one day millionaires they spend a lot of things even though they didn't need, just to flex and fulfill their satisfaction, well if the money you are talking you already a good number of business and asset to give a good cashflow its okay with it, but if you think it's not enough for you to widely spree wasting too much money just my cents.

No, I don't go after frivolities irrespective of the money I have. The things that I have seen and the lessons I have learnt over the years has made me to be wiser, better and more prudent with my financial dealings. I work strictly on my budget, I'm unperturbed by major trends, I live a moderate life and and I take good care of myself. Instead of spending lavishly because my income has increased drastically, I would rather expand my investment. In life we cannot control some of the things that happens to us, the money may not really be there tomorrow. So the choices we make today can make a huge difference tomorrow.

This is a big problem for me. At the moment, when I want to buy something, this thing seems so necessary to me, but after a few days, I regret the purchase and realize that I don’t need it at all. This happens with such regularity that I start to think of myself as a shopaholic. Fortunately, I have many friends to whom I can give my unnecessary things as gifts. Maybe it’s precisely because I know what and where to put something if I get tired of it that still allows me to be calm about spending money on unnecessary things.

I used to, but not anymore. I understand my and my family's basic needs. So I spend them according to their needs. I consider unnecessary spending as a waste of money. Whenever I'm buying anything, I try to save as much as possible. It's not that I'm a cheapskate. I am mostly doing this for the betterment of my family. Who knows when something bad might happen? And in that crisis moment, money will play the most crucial part. If I save $1 today, I can use that $1 tomorrow when it is really needed.

There is this saying that some people tend to be more cautious in managing their finances if they only have a very small amount of income at that very moment, but when they have a huge amount, they lose all their sense of judicious management ability.

Some people, at a point in their lives, are open to opportunities where money can keep flowing into their pockets more easily than before. The money will keep flowing in, but at some point, the opportunity might cease or things might change to cause the financial flow to reduce from what it used to be. At that point, if it was someone who was judiciously managing their finances, saving, and investing, they would not have any issue providing for their needs, but if it were someone who was mismanaging his money during the time when it was supplouse, then he or she might find it difficult and that very moment that the cash flow will cease.

I am not in the category of people who run into purchasing or spending on less important things, even if the money is plentiful, I still go along with my budget.

Emotional buying comes from your feeling of guilt that you are working hard and working, yet you eat the same food, wear the same clothes, and do the same work without benefiting from the profits you have collected. Therefore, you find yourself trying to spend this money and buy more, and the feeling of guilt returns and that you should not have spent this money.

The solution is a fixed budget, in addition to a percentage each month to buy luxuries.

I guess it is normal for people to buy something unnecessary when they have the luxury. No wonder we have levels of clothes and other stuff with a price from cheap to very expensive like that of Loius Vitton, etc. They have the same purpose but the prices aren't the same. And there is nothing wrong with this as long as people are not trying hard to go beyond its limits.

I remember when someone borrowed money from me. Every time I tried to collect it, there were excuse after excuse. The lamest excuse I received was when the borrower and her daughters could not pay me because they spent the money enhancing their skin in a dermatology clinic.

If what you call unnecessary things are what will be needed in the future, yes I do that alot even till this present time because that is not wasteful as it will be needed someday and taking cognizance of the fact there is high level of inflation in most economy, so definitely the monitory value of a product today will not be the same at the future time when you will need it. In that light, when you are talking about such spending as unnecessary, well from what I have explained, I don't consider it wasteful or unnecessary. In fact that is a more prudent way to plan if you can do that. At least some little domestic things can be purchased in that manner like food stuffs, utensils, clothings, personal items like soap, fragrance etc.

However, surely there are unnecessary spending which careless living is part of it. Some people are funds of losing there money either by misplacing it or sending out money wrongly because they are hopeful to get another tomorrow but tomorrow is not always certain. Invest the money you would have spent wastefully.

Im guilty with this on the time on which i have gained my first million in local currency value on which it did really make myself that impulsive on buying things without having those simple financial management yet i do have in mind that i could really still be able to earn it again on crypto space but i was wrong on the time that bear market hits. We do know that its not really that holiday on everyday on which you could make money and this is why its really that something ideal that you should really be saving up something for the winter days. It did really make a huge hit on the time that i havent already making decent income or something earns that on crypto space which i had realized that i had wasted too much money and really missing out lots of opportunities for me to make a business or investment on which it would really be making me survive somehow.

Just like on what said above that it is really that normal for a human being on having those kind of approach or feeling on the time that you do have tons of money then it would really be just that normal that you would really be spending like a mad man or there's no tomorrow. On the time that people would really be experiencing some financial problem then this is where realization do kicks in.

Sometimes I have to sit back and think about this also because I always find it difficult to save money, and the stream of spending the money is opening almost every day, probably because of my level of earning.
I do find it difficult to invest because once I invest in something else, the return has not always been favourable. Only the Bitcoin investment I make through DCA is there for me; others just look like I am growing money to spend another day.
 
I was then told that I have to start overlooking some expenses that are not compulsory in order to save some money. I will start doing that by being stingy with myself and some people. I do give money for no reason to see if that can work.

This is also my problem , thats why I never go in groceries or in Malls without a list with my wife because if there is no list to follow surely I will end up buying everything that caught my eyes.
I don't know if this is a human nature but what I do believe is I am not good in holding money in my Hands.
actually this is why Im so thankful with my wife because she is the one who is best in taking our finances in good hand.
unnecessary purchasing damages our financial status , and if we can save those? surely we will be in better future.

When money flows in fast, money can come out fast too, this is human nature in general. The easiest money you get, the easier it is to spend it even if the items you buy are not really needed. The bigger the facilities you have, the bigger your expenses will be. Money plays an important role in every human desire. When you find it difficult to get money, you will be more careful about spending it.

First time I've got a big amount of money, I definitely splurged on things that down the line, I've regretted purchasing albeit they're things that's fascinating to look at so the regret got less and less when I think back on it, eventually I've learned the concept of not being attached to material things when I was watching a Kids/Teen cartoon show, you become free when you're finally severed from your Earthly attachments, that's the lesson I've got in that show and it's still guiding me to some degree about how I deal with things especially if it involves money.
That's the most wrong assumption about human nature I've read in a while, modern consumerism isn't human nature, it's a behavior that's shaped and created by the capitalist society that banks on having people consume the products produced by the businesses to make a profit and create the economical Oruburos which means that it's not natural, the fitting thing for this would be that it's human instinct to adapt and survive, now it's human nature.

I didn't do it. Because I have already made a budget for everything I plan. But it's different with my partner who sometimes still buys beyond what has been budgeted. But it turns out he had prepared special money for unexpected things and for fun. So I don't mind it because it doesn't disturb our financial balance.

But don't do it too often. Because if we do it too often, I'm afraid we will become accustomed to shopping outside our budget. And our financial planning can go awry when that happens.

   When I was younger I usually spent my money on unnecessary things. It was normal to follow new trends and upgrades in technology. It is common then to change my entire clothing because I think they are outdated or not in vogue. My friends always compete on who will get the latest phone or other accessories, so you have to work hard for sometimes months just to get a device that you don't need. I was easily influenced by friends and lived a life to impress others.
   But my experience over the years has made me more prudent in my expenditure. Now one has to take care of a family and plan for the future. I don't spend money on luxury or irrelevant things anymore because I have to follow my budget strictly. I rather spend more on education and other investments than waste them on clothing or phones like I used to do in the past. Investing in the future of my dependents is more important than pleasure. If spend money the way I did before, I will have to borrow to survive.

I don't spending my money in an unnecessary things because there are plenty things to sort out with money, so anyone who keeps wasting money may be doing things that is not necessary is just that they do not know how painful it is to make money and, this could be those who their parents are wealthy and buying whatever they thinks is buyable without considering how hard for an average man out there to feed themselves will never use his money to keep buying unwanted things or living luxurious life ( though don't quote me wrongly that you can't buy whatever you want when the money is there or when your investment is actively making wave for you). As a man when the money keep flowing in do not forget to make investment because the little things that gives you money today might stop functioning at anytime and you may back down to level zero were you can't stand again or be able to have that chance to be receiving such amount of money that was flowing to you before. So keep investing than buying unnecessary things.

No because I follow an income and expenditure budget. If I earn more I spend more but I have foreseen it in the budget beforehand, just as I save and invest more. Then I do make some unnecessary purchases, but they fall into the category of miscellaneous or leisure, not simply because I earn more and start spending on nonsense as if there were no tomorrow.

Yes, obviously, I think it's human nature though. But looking back I should have at least invest that money or just save it for future used. Because we don't know what the future lies ahead, maybe down the line there is some emergency within your family and you could have used that extra money to help.

Also, that flow of money might not go forever, unless you really build generational well for you and your family.

So it's better to weigh-in first, what do you want to buy, it is a question of need or just want?

...money flowing in? I'm not looking for solutions, I'm merely asking, something for discussion