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Topic: Do you spend more-do you get more? (Read 1501 times)

full member
Activity: 2044
Merit: 165
July 16, 2023, 11:26:02 PM
Spending more money on a wrong way will be difficult for you to get more money, because many people that had that kind of opportunity in the past promised themselves never to spend money anyhow than to invest more on potential coins so that they will get more money in return. I think, there is still opportunity for you to improve higher in financial aspect because the price of Bitcoin is still low for anyone to invest and hold for the bullish season to come before they can sell to make a good profits. You can become rich if you really want to spend the little money you have saved to invest in Bitcoin and apply long term holding which is the best strategy many investors use to make money from their investment.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
July 16, 2023, 12:38:45 AM
It is very wrong to spend more than we get expecially when our income is very low and we don't have enough investment as a means of back up against hard times
It is only a person with a low vision that intends to spend more than he or she gets as income.

Knowing this and puttinginto practice by investing at large in a profitable business will help us grow, I think this is not an advice but a question to know how critical people behave toward their  daily life expenditure

You are right that if one's income is less and he is increasing his expenses, he will definitely be at a loss. Always keep your expenses under control. If one has high expenses, one should try to find different sources of income. That's why it is said that you should always do a side business with your income. You can increase your income by saving part of your source income and investing in a good place. A portion of your income should always be kept aside for tough times. Those who have less income or have less capital should avoid unnecessary expenses and must find another source of income, because the name of life is effort and the impossible can be made possible only by effort.
full member
Activity: 434
Merit: 118
★Bitvest.io★ Play Plinko or Invest!
July 15, 2023, 12:05:14 PM
It is very wrong to spend more than we get expecially when our income is very low and we don't have enough investment as a means of back up against hard times
It is only a person with a low vision that intends to spend more than he or she gets as income.

Knowing this and puttinginto practice by investing at large in a profitable business will help us grow, I think this is not an advice but a question to know how critical people behave toward their  daily life expenditure
member
Activity: 130
Merit: 10
June 30, 2023, 07:33:44 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
In considering this hypothesis, it is important to identify the kind of spending involved. Increased expenditure can have different effects depending on whether it goes toward productive or unsuccessful project.
The possibility of future returns is higher if the money is spent on investments like starting a business, buying assets that generate income, or paying for education and professional development. These kinds of strategic investments may eventually boost earning potential, produce income, and build wealth.
On the other side, the possibility of getting significant returns decreases if the spending is predominantly directed toward unprofitable activities, such as excessive luxury purchases, impulsive shopping, or unneeded expenses.

I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Building wealth is often a gradual process that requires discipline and long-term planning. It's understandable to feel restricted by a fixed income, but there are still ways to improve your financial situation. Instead of focusing solely on big expenses, consider the power of consistent saving and smart investments.
With dedication and smart choices, you can work towards achieving your financial goals, even without a windfall from rich relatives or inheritance.
hero member
Activity: 2058
Merit: 710
June 30, 2023, 12:44:23 PM
That is why before investing it is important to have knowledge and skills in managing finances,
besides that these skills can also be used in life,
when investing in real estate, of course, the risk is smaller because the price movements are much more stable than in crypto.
Someone who already has skills and knowledge about assets and investments, of course, will never be afraid to invest in his own life. Because he already knows which assets are good and what the risks are, so he will always make wise decisions and make the right steps before doing them. And I'm sure people with more knowledge about investing will be very brave to invest in different places, be it in crypto or in real estate.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
June 27, 2023, 09:44:11 PM
It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

The business opportunity shall be taken when we get more money.  That is called as proper spending of money. If we are getting money and spending it on the unwanted stuff for example overdoing the expenses related to dead investments. These could be anything from car, bikes, extra house, games, or anything that’s just going to be damaged or won’t give back money. That kind of investment shall be avoided when we are getting more money. It’s always ideal to invest in real estate rather than putting money on crypto currencies. When it comes to crypto one should only put money which you can afford to lose.  That’s how one should manage the funds when they are in excess.
That is why before investing it is important to have knowledge and skills in managing finances,
besides that these skills can also be used in life,
when investing in real estate, of course, the risk is smaller because the price movements are much more stable than in crypto.
hero member
Activity: 2058
Merit: 710
June 27, 2023, 09:31:34 PM
Spending a lot of money I think it's not a big deal as long as we do it wisely. Yes. I like the two points above. For the first point that commonly occurs
In the case of crypto investment, when we sit and think that there is indeed a lot of wasted time, planning what we will buy, and the result is that we end up getting better results in return.
Everyone who is looking for money basically is to be spent in their own survival by continuing to turn the money they have into the work they have been doing for a long time. This means that all the money that you want to spend must also be based on planning as in the example you said even though it is not for investment alone, because most people now have to think how much they can make money with the amount of time they will spend through life.

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But if we just spend money without thinking smartly, it's like gambling exactly what you mean. Yes. If you only rely on luck and blind shooting might drain your money and mind and I think it's an unnecessary risk.
And for this kind of thing it is usually just consumption without thinking about leaving a little of the amount they have earned so that it can be turned back into any business to get more in the future. So it is very clear that such efforts are not wise because when everything is finished, they have to start making money from zero again in their lives.
hero member
Activity: 2604
Merit: 548
Vave.com - Crypto Casino
June 26, 2023, 05:06:05 PM
In my country there is a saying, more you spend on the needy people, more you get. This in other way was briefed as the help you do may be small for the receiver, but for them it could be life changing or a big one which they'll remember forever. In similar manner more people have turned rich or reached big position and remembered the person who helped them at the right time. In some incidents the help done by the father had helped his son in the future. This is the real meaning behind more you spend, more you'll get.

Now this has been connected to the trading practice. According to me, the cryptomarket is risky and to the same it have got the ability to provide you with the best return when invested on the right thing. Here to invest on the right one we need to be knowledgeable or lucky.
hero member
Activity: 602
Merit: 638
June 26, 2023, 02:03:01 PM
It’s always ideal to invest in real estate rather than putting money on crypto currencies.

Even real estate investments give a low ROI; sometimes losses are recorded too. There is no investment out there that doesn't have risk; the level at which we are able to control and manage those risks is what matters most.

To me, the idea is to divide my investment plan and channel it into many sources, some in crypto and a few in real estate. If I like real estate investment, I will prefer keeping my investments in crypto. Bitcoin, especially for the long run, is safer for me in there than a building, which I could not sell off anytime unless there is someone out there in need of a piece of property. And real estate investment, to me, is beneficial based on the investor's location; some countries are bad at giving out ROI in real estate.
hero member
Activity: 980
Merit: 713
June 26, 2023, 02:01:04 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I guess this is the worst financial advice I have ever heard in a century, that the more you spend the more you get in return if the money spent are not on projects that generate income. Because truly everybody wants to get rich, but not everybody willing and ready to sacrifice what it takes to creating that wealth, as to get rich one needs to inculcate in himself the habit of savings, whereby keeping at least 10% of his income either daily, weekly or monthly, far more better than eating all his money and hoping on a miracle that never happens.
So if you really wants to be rich, don't be a careless spender and ensure you invest.
full member
Activity: 1092
Merit: 227
June 26, 2023, 01:37:08 PM
It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

The business opportunity shall be taken when we get more money.  That is called as proper spending of money. If we are getting money and spending it on the unwanted stuff for example overdoing the expenses related to dead investments. These could be anything from car, bikes, extra house, games, or anything that’s just going to be damaged or won’t give back money. That kind of investment shall be avoided when we are getting more money. It’s always ideal to invest in real estate rather than putting money on crypto currencies. When it comes to crypto one should only put money which you can afford to lose.  That’s how one should manage the funds when they are in excess.
sr. member
Activity: 1260
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
June 26, 2023, 12:59:37 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
When you spend more then you will try to earn more and you will not hesitate to work harder to earn more and if you work hard you will be successful which is why it can be said that if you don't spend more then more  the desire to earn will not arise in you. And you will not dream of achieving anything big. Laziness always tries to trick people but when one is in the habit of spending more money he can't break that habit and that's why he chases to earn more money. At one point he succeeded. So it can be said that if you spend more, you will get more
hero member
Activity: 2912
Merit: 674
June 26, 2023, 11:37:58 AM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't think this makes any sense on a personal level. Why should increasing our consumption lead to a higher income? It only leads to having less money in our pockets. This statement is true on a company level that invests in their own business. You need capital to buy new machines, run advertising, create new products, etc. If you are a successful business it means that spending more money today will lead to higher revenues in the future. But for us consumers it doesn't help if we spend all our savings on a new car, long vacation and the newest iPhone and iPad. These are all purchases that don't lead to higher income for us.

I guess that's one way to look at it and if I'm not mistaken, maybe the OP also mean the same thing too but in a different manner like spending on ourselves because we are our own investments, so the more money you spend to yourself as an investment then it's likely to happen you will get more in return somewhere in the future, depends on the ROI.

If this is not what the OP meant then I don't know anymore because it just doesn't really make sense if you just spend on anything and still have more in return. The world doesn't work like that.
sr. member
Activity: 1974
Merit: 453
June 26, 2023, 10:26:35 AM
Money gives you the options to accumulate more things, to have more choices in life. Basically it totally depend upon you, where you investing your money. If you are spending your money on useful stuff then it is worth an it can give you well return. while spending your whole money you need to think several times weather you spending on business which can be expand in future and and it may give you good amount but in same way you are spending on gambling, smoking or in alcohol then you will ruin your life. there is a saying that 'if you save money today, the money will save you tomorrow'.
legendary
Activity: 3752
Merit: 1864
June 26, 2023, 10:04:54 AM
There is "confirmation" of this statement. The economy of any country, with a market model, qualitatively works only when the process of circulation of money and its exchange for goods and services constantly works. The point is this: you have had breakfast at a small private cafe, paid for their work and let them earn money. With this money they will also pay taxes. Which means:
- they will be able to, for example, buy your goods or services from you, or the company you work for, and it will turn into your paycheck!
- The taxes they have paid from your money will go to social programs, such as basic free health insurance for you and your family.

This is a very rudimentary description, but by buying and consuming, you create income for other people who will also buy and consume, setting in motion the entire "circulatory system" of the economy.
sr. member
Activity: 588
Merit: 422
June 26, 2023, 08:52:47 AM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

Obviously that saying is 100% true, now let's use gambling for instance. I'm not much of a professional on that but let's do it this way have seen, with you as a gambler having an odd of 5, you're expected to stake a certain amount to make the potential winning dash out the money you used in staking and also your gain will be huge too, if you don't get the staked cash then you're losing even if you win the bet. What I'm trying to say is that if you don't spend much you'd get less of what you've spent so to get more you have to spend more. The risk involved in spending more are always there so it is either you get it right or you fall on the losing side.

Quote
I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything.

It's still the same thing when you say you have a fixed income no rich relatives no inheritance (wtf, no inheritance?) still want to get rich, you can make things right to be in your favor that's if you're mindful of how you spend and in as much as you want all the good things of life just cut your spendings shot to recover your expenses. Before you know it you can be the bread winner of your family.
sr. member
Activity: 546
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Bitcoin Halving Year 🎗️🎭
June 25, 2023, 10:09:35 PM
The more you spend the more you need money and if you don't have money you can never spend. So you save some money from your earnings and save them. You invest when your savings is a large amount of funds. A person can make a lot of money by investing a small amount of money. But before investing it must be analyzed well. Invest for a long time and sell when you get a good profit. And of course wealth can be increased from this invested money. Investing is another easy method of earning. If the investment is successful then surely it is possible to earn good money in future.
hero member
Activity: 532
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Leading Crypto Sports Betting & Casino Platform
June 25, 2023, 07:46:42 PM
Thats actually the best thing any profound investor can do for himself, because diversifying your investment to different area actually increases your chances of gathering better profits and like you said also reduces the possible loss rate that you might inquire to your investment. Although its not a compulsory thing and it also depends on the budget in which the investor is going with because you can't make different invest if actually your capital money isn't enough.

Before investing, it's wise to make better plans on how you want to carry on with your investments, how you want to diversify, how you want to roll over, and more. For instance, if you are earning like $2k a month and you decide to invest $500 in Bitcoin every month, you can also save $500 every month that could be invested in other things like real estate, stocks, or even a bond. Some people don't just know how to go about investing. Again, one can even invest in Bitcoin and earn a huge profit during the bull market. The person can still sell some of his holdings and invest in other things. In investment, if we invest and make a profit, we are supposed to reinvest the profit to yield extra profit. That's why some people are more successful because they understand the principles of making different successful investments, despite the fact that not all will be very successful.
hero member
Activity: 2170
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Vave.com - Crypto Casino
June 25, 2023, 07:15:02 PM
The time should be spent along with the money to achieve the goal in short time.The top most crypto currency is the
essential one for the good growth of crypto currency like Ethereum,Ripple.When your income was stable, you need to use the income by making some unique plan.Because the money can be easily mis used or can be used for the unwanted things.Trading helps you to become a right person.
full member
Activity: 770
Merit: 106
June 25, 2023, 05:54:29 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Therefore, "What you sow is what you reap". This is a true statement I mentioned. In this time that we live in, most of us are trying to make everyone's life prosperous because of the difficulties we are facing. That's why it's not that easy to do. That's why what is needed in today's time is to be wise and correct the system that we will make to exceed the expectation that we want to happen.
It's really a bit difficult, but it's necessary if you're really determined about what you want to achieve, maybe that's how simple it is to understand.
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