Do you spend more-do you get more? - page 13.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

That's just garbage that will keep you poor.

If you want to get more money, what you have to do is worry about it, study it, and above all study the differences that those who have a rich mentality and those who have a poor or middle class mentality have.

One way to have more money is precisely the opposite: control income and expenses and save, and then invest. Investments are money that will generate more money, and if you start from a poor base that is achieved by saving, contrary to the advice. Besides, along the way you can come up with ideas to earn more, through your work or other sources of income.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

OP when you say "do you spend more-do you get more?" It all depends on what you spending on, if you take a good look at it spending on something that won't generate anything productive is a no to me to your question but ones it's productive then I'll say yes.
When you put your mind to how you spend your money it depends on if you spending it in a worthless way and never expect it to come back the way you spend, engaging your time and money on something more productive can return your spendings. Let's say you get involved in Bitcoin trading with a better strategy to follow, before the end of the month you'd be getting x3 of your invested money.
So when you spend more on anything lucrative it turns out to yield more in return and with that you won't think of having any help from relatives.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

You can get more in return if you're spending in useful things with a long term benefit like investing. But if you're just spending your money for wants then how can you get more by doing that? It can only give you problem financially.

The saying that I know is "don't spend more than what you can earn" to be able to save some money for rainy days. Those who can spend more and get more in return are wise to use their money for business or investment. Because that's reasonable on why you're spending more even your income is fixed.

Davian144

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

This is actually quite simple for you and also for everyone else, because when you only work for yourself without expecting an inheritance from your own family in life. You only have to make details of every income and expenditure of your money in your own life and of course you need to apply what is called saving because it will help you get rich even though it takes a long time.

In essence, you are not expected to be more extravagant in your life so that any income you get through your work can be properly maintained and not just run out into things you don't need. In addition, you must be able to work every day to make your dreams come true by not really caring about environmental conditions that might be a challenge for yourself and still make greater focus and relationships in order to achieve better income for yourself.

xSkylarx

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I really dont understand it but my thought was if you give more youll received more ,so it is not spending though but if this is really what you mean it doesn't mean that youll give everything, just give what you can afford and also it should be open to heart. It also doesn't mean that if you give it youll expect a return as that doesn't work at all. I dont know of this was really believed here but we practice this not because we are expecting blessings but only to help people as we know that they needed help and if the time comes that we needed helpe they will help us also

smile1218

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Spending more money can lead to better returns, it is not always like that. It is important to have a balance approach to spending and savings. There are many people who have faced big expenses and received even more, but it is often requires a careful planning and strategic investments. One way to increase wealth is through wise investing in stocks or real estate. Another way to increase wealth is through entrepreneurship. Starting your own business can have a high initial cost, but can lead to significant returns if done correctly.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

It's that simple, every time we spend something, of course, it literally always means something in return. Now, if you're the type who is strict and prudent with money, you won't just buy something that you know you don't really need in life.

You would rather save and keep it than spend it. But if you're the kind of person who spends money without thinking about it, and I'm like this sometimes, I often end up realizing that what I did was wrong when I spent it. So it is important that we understand and do the right financial management.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

Depends on where you are using your money with. If it is just 'wants' you are using your money, then would you be expecting for returns? Also with investments, the bigger the amount the bigger the return indeed . However, that will depend on the chosen asset whether it will have the potential to do so. If you have a fixed income, then spending more would leave you with less amount. Best thing is to stretch your income in order to spend more; get some profitable assets. The thing here is that, you cannot extend your expenses if you have limited sources, then expecting that you'd still have money for other things. Bottomline here is having a limited fund, and that is where your solution should be done.

robelneo

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We have a saying more money more problems, when you suddenly gain more money your needs are enhanced you suddenly realized what you need and what you want, and luxuries that you once ignore are now within your reach, you cannot expect your income to beat your expenses, because our urge to buy and spend is limitless and we have limited capacity to earn.

Those who can do this

Quote

Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

are multi-millionaires who can equal their profit to the luxuries they want, I don't recommend people buy more than what they can afford, your needs should be commensurate to your income.

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It depends on what you use the money for. There is no way when we squander our lavish eating habits or spend lavishly on unnecessary things, expecting to earn more money. But if you spend on things like investment and business, you will have the opportunity to get more. But remember that investing can make a lot of profit or will make you lose more, not investing is sure to make a lot of profit. If you want to be rich, saving alone is not enough, you need to make some investments, IMO.

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Quote from: SOKO-DEKE on May 15, 2023, 04:59:16 PM

Quote from: koleusdat on May 15, 2023, 11:30:52 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?

To me, the sentence just seems absurd.I don't believe it works out that way, that the more money you spend, the more you do it. I might just accept the @hyphen(-) statement that it might just be a proverb or wise saying,but I believe it may mean something else different.

The only way in which I can see it happening is in a business because, in that setting, capital is what mostly determines profits in a business, therefore the more someone invested the more it returns might be.But extravagant spending without additional sources of income will undoubtedly result in debt.

Anything which is excess would really be always that ending up on a disaster whether you are really that dealing with investment or business or would really be just that typical day of extravagant spending would really be leading into a condition where you would really be putting yourself into so much debt or loans just because you are spending too much more than on what you do earn.No matter or which angle you would be looking, it isnt something that ideal that you must do because it would really be that would really be putting you into a big trouble on the time that you dont have money left on your bank account or simply on your pocket.
If you dont like to have some sort of financial problems or challenges then you should really be that wise on the things that you do spend. Dont tend to believe into those sayings about giving more would really be
getting back. What you do actually expect on getting back on something? We know that if you wont make a business or investment then there's no way on getting back on something. So
there's no point on spending up more which is more than on the amount of income you are getting, you are just simply taking up some suicide decisions in life.

Majestic-milf

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Do you get more? As in more expenses or more income? If the answer is the latter, then I think it's an absurd line of thought. You just said it yourself that you want to be rich and the best way to do so is to limit the way you incur expenses. No one has gotten rich by being spendthrift and hence it becomes difficult to accumulate wealth.
The only way one faces huge expenses, that's if I can call it that, and still come out with gain is when that cash was used to invest, else it's only a superstitious and illogical way of thinking.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

To me, the sentence just seems absurd.I don't believe it works out that way, that the more money you spend, the more you do it. I might just accept the @hyphen(-) statement that it might just be a proverb or wise saying,but I believe it may mean something else different.

The only way in which I can see it happening is in a business because, in that setting, capital is what mostly determines profits in a business, therefore the more someone invested the more it returns might be.But extravagant spending without additional sources of income will undoubtedly result in debt.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

The more you give, the more you do receive? Just like on what others been saying above that this is something in biblical on which i could say that it isnt really that bad to give but of course you would really be needing to consider about your personal situation because it is really just that dumb to give out everything which you do know that you do only have that fixed small income. There's no way that you could really be able to make yourself that able to progress in speaking about on getting rich plus you shouldnt really be expecting something in return just because you've been giving out some help into other people or whatever you've been giving.

If we do talk about literally about spending or expenses then it would be somewhat that attached about on investing, if you are really that spending lots but it is really attached to business or investment
despite on having that fixed income, then this is where i do see that you would really be able to make up some profits if ever that business would succeed. There's some chance on making
yourself way more better in terms of finances but of course, it does always accompanied with some risks.

Fortify

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Quote from: koleusdat on May 15, 2023, 11:30:52 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 think what you're referring to is the poverty tax. Take shoes for example (this is commonly cited) - a poorer person might end up buying a cheap pair at $25, but has to replace them every year so in five years spends $125. However a richer person might spend $75 and the pair might last those same five years. That means that someone with less money has to buy something that will cost them more in the long run. This can be applied to all sorts of every day examples and even aspects of life such as healthcare. If you can buy better food then you may stay healthier for longer with less ailments. There is a slightly different expression which says buy cheap, buy twice - so low quality can also break, eliminating any cost advantage the cheaper version might have offered.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

Do not spend believing that what you say will happen. I don't want you to deceive yourself. You know your income and you should spend accordingly. You must increase and invest a certain portion of your income. It's the most natural and that's what most people do.

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Quote from: Agbe on May 15, 2023, 12:32:39 PM

Quote from: Adbitco on May 15, 2023, 11:49:35 AM

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you. As a normal person living above your standard will only leads you to live in debt because you are dispensing more than you received, if the given or distribution is connected to the body of Christ then I am sure would be spiritually backend.

That is Faith and Faith works with action. According to the Bible Faith with work is dead. Now what the op is trying to say might be true because really in any business the capital determine the profit. The more the capital big the more the profit comes at the end of the week or the month all the depends on the income statistics the business owner uses.

Quote from: Adbitco on May 15, 2023, 11:49:35 AM

That's why as a Young growing man you don't need to involve and imposed much responsibilities on you that's above your income, out of 100 percent of your income per months you are only encourage to live below 45 percent of it and the 55 percent should fall below your savings and investment by so doing you won't go into debt.
That phrase they said never work that way, it all depends on mindset and also when you are giving and expecting something in returns might not triggers it to work effectively.

The real business people do not involved themselves in their business money. They even use the profit from the first six months to add to the business to grow it. In business again, if you spend your Profit without using it to add to your business, your business will not grow unless you add extra money to the business to grow.

Well business growth is solely depends on management, if there's no better strategies to follow guide the business then the business will be sinking down every day by day so as a good business man you ought to be creative and smart enough to sense when the business isn't doing well.

As for op spending more money than your income will always put you in a financial stress making you not to have any savings, no matter how you plans to be giving out it should be that your out put shouldn't out weigh your inputs rather, input should be more than the out put at then you could get financially balance.

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Quote from: koleusdat on May 15, 2023, 11:30:52 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?

That's the art of economy: to get as much money as possible while selling as little as possible. So the expenses can be considered by their "psychological value", so that all the purchases are evaluated by its ability to make mood more cheerful in long-term prospective. Impulsive buying makes mood better only for a short period of time, so creating stable good mood doesn't mean buying everything that attracts attention, but actually opposite: the main goal is to make mood better while avoiding expenses which can ruin long-term expectations.

Pokapoka124

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A similar saying that goes givers never lack, in this case I think you misquote the saying because in reality the more you spend, the more you lose (unless you’re buying assets, in that case it shouldn’t be referred to as spending but investing because spending often refers to buying luxuries and wants). The more correct saying is the less you spend, the more you save. I think the importance of saving money cannot be overstated because in order to make the necessary investments and diversify your portfolio you need to have savings.

bayu7adi

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dont be greedy

In the context of investment, I only agree with the concept of "spend more = get more" for those who are well-versed in investing. We all have our own thoughts and can make decisions when it comes to investing. However, the return on investment (ROI) will heavily depend on market conditions, individual skills, and a deep understanding of the nature of investments.

It's possible for someone to make a greater profit by investing a smaller amount of money. Their assets may even grow consistently, even if they don't have a large sum of money to start with. As the saying goes, it's better to be wise and have $1000, than to be foolish and have $10,000. It's not just the amount of money that should be considered in investment, but also the thoughts and skills of each individual investor, which will lead to varying levels of ROI.

Topic: Do you spend more-do you get more? - page 13. (Read 1556 times)