Topic: Do you spend more-do you get more? - page 12. (Read 1570 times)

I find it obvious that spending more money will get more lessons, but obviously not everyone will know how to spend properly to get to the lessons. Or the opposite is a little bit of a problem that getting a lot of lessons does not necessarily have to spend money, in fact, I am looking at my current life I see more people poor in money than people with a rich life living at a decent level and above, and indeed the experiences of life lessons for growth are tied to financial goals. So sometimes, if we want to reach our goal, we should also have a more realistic approach, learning to get everything and sharing to help many people in need.

It definitely doesn't work that way if you want to spend more, then you need to earn more. But it's worth considering where this will lead, because if you spend more every time you earn more, then you will have nothing left.

You have stated the goal of becoming rich, and for this you need to do something, either get a good education and get a well-paid job, or save money and open your own business. Even if you want to invest, you will need money for this.

For starters, try to leave spending at the same level, but at the same time try to increase your income, put aside everything that you manage to earn in excess of your previous earnings and then think about how to make this money bring you income. At first it seems complicated, but when you start thinking about it, ideas will appear.

Rich people buy expensive things is part of their branding since in reality in this world they get more respect if people find out that they posses expensive materials. But I doubt those people spend a lot than what they earn since they also think about maintaining their wealth and they will not be in that position if they don't have multiple income streams. Ordinary people cannot afford it so better they should not chase anything what rich people can afford they should live according to their means since this can make them live at peace without anything to worry.

It's not always about a lot of spending, a lot of returns especially when you talk quality. Wealthy people spend a lot of money just to get 1 branded item, or ordinary people can buy several more varied items of ordinary quality with the same purchase value. In essence, depending on your level of satisfaction about the quality of goods or quality of life.
So which approach have you taken?

We all have certain needs if we can live according to those needs then we will have no need to spend extra. How can you improve if you have to end your month in debt after spending the amount of money you earn every month? We have to improve in such a way that at the end of the month we will spend some part of the money we earn and the rest we will save or invest. This is basically how we should proceed.  There is no end to the needs of people, the more you have, the more your needs will increase, so limit your needs and you will see that you can live very well even with a small amount of income.

If you spend more money, you will see your money turn into something you buy. But if this is related to religion, for example, donating, you will get something more (in another form) later than you can imagine.

But in this case, you say you have a steady income and spend a lot of money, so you won't have much money at the end of the month while you want to be rich. You can only reduce your monthly expenses, set aside some money, and invest in Bitcoin to have savings in the form of Bitcoin. It will help you to become rich if Bitcoin can increase.

I also have expenses and always try to live and invest in Bitcoin. And this situation is also faced by all people, not just you but we try so save money to prepare for our lives and hope that someday, we can be rich.

It has to be the opposite than what you have described. The more you earn, the more you spend. Your expenses become more than what you used to spend when you had less income. It's human psychology. This is how our mind works.
One scenario that match your story is that when you invest. The more you invest, the more you can get the profit from it. But it has to be a profitable investment. Otherwise you will make losses instead of making profits. So I can say that if you spend (invest) more, you can get more in return as profits. If this is not the case, then what I said above is the truth. This is why we need proper plan on our spending. 

An interesting opinion, but I dont agree with it. Mathematically, it looks like -1+1, so the end result is zero. Imo, it is better to spend wise than to spend more. We are getting to quality over quantity conversation. If you want to get rich, you should seek for "best experience for lower price" opportunities. Search for something that multiply your investment, than spend big to get big.

This is called "The Law of saving resources: the more you spend, the more you get." So you have to be filled with energy as much as possible, without thinking about letting go of money, therefore thereby attracting them.

It's wrong and misleading.

You can try yourself by sell all of your assets including your house and then give it to other people who needs, let's see what will you get in the next month. You will don't have any money and can't eat, all you can do it hoping someone will give you more than you've spent.

To become rich you need to save your money, but spending for future relationship e.g. your friend, boss, etc is called as an investment.

This philosophy doesn't work with poor people, if you're poor and spending lavishly, you'll remain poor and won't received more money back. When you can spend more money is when you're already wealthy, you spend that among among your friends, rich associates and you have business partners willing to invest into your business and make you more money.

The rich loves to roll with those that richer than them as they can trust you with their money to make more money for them so they can be as wealthy as you're. If you make them comfortable with giving you their money through your lifestyle, you get more from their friends.

I don't believe in this. It should be, the more we get the more our investment or savings, not expenses. Expenses are according to our lifestyle, most people nowadays spend more money than their income because of high prestige and lifestyle. Even if we look at how the rich work, they manage their expenses to a minimum in order to be able to increase their assets and investments and manage that it does not exceed their income. Therefore, there is no need to be surprised that most employees today live just like that, even though they have quite high salaries, because they spend quite a lot of money on things that are not important.

What are the benefits of spending more and whether it falls on the scale of necessity or just fulfillment that doesn't really matter to buy, life is now getting complicated for the economy and if you are not able to implement a thrifty scale in life then one day you will get into trouble.

If you're not one of a wealthy family and don't expect an inheritance, why waste your money on something you don't need to buy. Whatever income you get and even if it is fixed, it will also be used up when you don't try to scale the important needs that must be purchased. My advice is better buy bitcoins than buy something useless that doesn't earn anything.

When you want to become a rich person, what steps and plans do you apply, the lifestyle as you described above is a waste and is not included in the scenario of a rich person. Saving also won't lead you to wealth, especially if what you're saving is fiat currency.

It's best if you try to learn bitcoin first and when you already know the risks and price fluctuations, then there will be decisions you can make instead of keeping fiat currency for savings. Gold and Real Estate are also good, you are free to choose the one that you are most capable of running and most importantly know how to properly manage any of the three.

Rather, someone who takes the time to experience everything will receive more lessons, and money should only be seen as a small part of that experience. I don't want to be too important in emphasizing the value of money in life, although it is essential, it is clear that the way we learn the lessons in life may not depend entirely on money.
Basically, the way I look at the use of money is simply that it's easier and more convenient to bring people together. Even if you have no conditions, if you try to learn, you will also receive valuable lessons in life.

These wealthy people might not necessarily be in charge of these businesses they have because they have mastered the art of partnership. Immediately they identify an opportunity in an area they seek partnership with other businessmen. They don't need to be present to run the business because other partners will run and give an account of the business transactions. Age 40 shouldn't be seen as the end of business opportunities for individuals because I have seen much older people starting and running successful businesses.

For those who don't have the means of raising capital, they have to work hard. This is because it is difficult to access loans or other credit facilities if you don't have collateral. In my country banks will always require landed properties or buildings before they can be given loans. And most people don't have such an investment. This is why the poor or less privileged will have to raise capital by doing petty businesses or conventional jobs.

If in the past we wanted to increase wealth, we had to work or do business in real terms, but today's world does provide opportunities for those who have capital to develop this money, investment offers that provide large profits are of course an easy thing, it's only natural that with large capital then we easily have a business by buying shares.

This expression is popularized among young girls and boys who live mediocre at the expense of their parents. I fundamentally think this expression is purely blogger.

This is the same with the statement, The more you give, the more you receive. Of course, you won’t be able to give something if you’ll not spend any amount. But only spend within your means. That means, do not spend more than of your income. Otherwise, if you overspend by not following your budget list, most likely you will struggle on your finances later on until you end up taking some debts and drown into it. If you keep that mindset, expect that you will never be successful if you decide to invest or trade. Manage your finances first and learn to spend only your spare money.

What do you spend more money on, exactly? I hope you are aware of the distinction between investing and spending. You will earn more money if you make sensible financial decisions. I think this is why budgeting is so crucial and cannot be emphasized enough. A well-written budget will guide your financial decisions and maybe result in a profitable outcome.


Even though we work the same hours, most wealthy individuals I know have many sources of income, which should tell you something. Make prudent investments in small businesses here and there. In addition to what you already know, pick up a new expertise and turn it into a side business. Between the ages of 20 and 40, you must push yourself to you limit to see what is financially possible for you.

Well, obviously yes you won't get more especially when you're stuck in a day job you have been working for several years now. The only way you can have more in return is when you get a side hustle may it be a start up business or offering your service where you're most skilled at.
On the other hand, the only time you'll get something in return is when you spend your money into an asset that appreciates over time like commodities and stocks and even golds if you're a fan of collecting variety of it. BUT if you're expenditures falls under the assets which depreciate over time, then you don't expect nothing in return. Cars and gadgets and something like these aren't gonna give you something in return, unless they're used to alleviate your business.