Topic: Do you spend more-do you get more? - page 3. (Read 1570 times)

The thought that spending more to earn more in my opinion is wrong, will all expenses automatically generate results? of course not, but if we use it for investment then this is right, big expenses due to production costs, business expansion, and others will certainly enable us to produce more.

Sure, definitely before one must have plenty to spend, they must have also sow in plenty, gathered in bans, and sowed again, because "unless one has a well of gold, there will definitely not always be more gold to refill the pocket." The law of spend more to earn doesn't work just as people imagined; there is reward in labor, not by spending the small earnings you have managed to accumulate from your job. There is what some people do tagged as show off, and when someone is spending money for just some kind of show off reason, it obviously will not yield any result unless they are helping someone genuinely, so that at least in a better day, if the person they have helped in the past is in the position to render the same help to them, it will be worthwhile.

There is this fiction story of a rich guy who helped an orphan girl, and one day the orphan girl grew and built herself an empire, so the guy who earlier helped her before was then broke, so the orphan girl one day came across the old time guy who was once rich and helped her when she was very poor, so the orphan returned the favor to him, and the man became rich again. What I am saying in essence is that if someone is spending more than they earn with the belief they will get more, at least let what they are spending their money on be something reasonable that has the possibility of adding value to them in the future.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

If we are not looking into a religious perspective, then you are right that we need to earn more than spend more because how could you spend if you don't have enough money? For sure, you'll take out loans to spend it, and for sure, you'll be in debt. Also, from an investing perspective, you will gain more profit, but you know the risk is that you could lose it all. In investment, you need to just invest what you can afford to lose. No matter what it is, we need to have enough money to spend on it. We should not be caught short.

Many people think that the principle of earning more by spending more is a natural law that will happen, but in my opinion before we spend more we must be able to produce more, of course there are many things we can do to earn more and the presence of the internet makes everything easier .

Being smart and wise in spending anything is something that is supposed to be done, especially if it is an investment in Bitcoin that is intended for the long term. It's not always that those who spend more get more, but most of those who invest in Bitcoin can always earn more if they can be patient in bad conditions. For example today, where Bitcoin has almost touched $30K again, of course those who bought more at $25K in the previous few days have gotten more profit if they bought it more.

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.

I don't think that's true in most cases. Instead of spending more money, you should save more and invest with it. When you don't invest, your savings don't make any sense, because money is lost its value over time. In general, even interest income cannot keep the value of money. That's why the money must be used somewhere, especially if your country have high inflation rates. This applies not only to real estate or crypto-currency investments, but to anything you can think of that preserves and increases its value.

It is not sensible to spend more than what you get, how wiill you balance such equation, when it comes to expenditure you have to spend minimal of what you earn or get in other to have savings onless you want to be poor, advising yourself on the need to save will help you as a person,have ever thought of having nothing when you have a problem that needs money to solve and may be you are either working for private firm or government that pays monthly and you have tried to accesss loan facility to no avail and it is the only option left which you have tried so what will you do, my advice is make sure you save more and spend little from what you get because a time shall come when you may not be working again and you will fall back to your savings to either pay your bills or invest in menaingful something to get money to offset your bills so spend wisely that doesn't mean that you shouldn't spend that my take on this.

It's actually the opposite to get on a better state.

You spend less and earn more so that you'll actually get more. And to do this, you'll need to be wise in your expenditures and everything where your money is being spent.

Those that earn more but are careless with their spending habits, they are having hard time in saving money and don't even look for a time to invest, don't be like that.

So instead, earn more, get more and spend less and spend only on necessary things.

this is a true statement. not forever when you spend a lot of money on business, you will get bigger profits. However, most people try to do that with minimal money. when they have benefited from it, they will usually increase their investment to get a bigger return.
Personally, I have tried to make various kinds of investments. trying to spend a lot of money for more profit. however, most of them have had conflicting results. Therefore, not always spending a lot of money will give you big profits. if there are people like that, either they are lucky, or have made so many investments that they are successful

That's true when it comes to investing, but investing also doesn't guarantee that when you spend more, you'll get more back. How can you tell when bitcoin will drop in price or when bitcoin will appreciate to spend a lot of money on it? Regarding investing, we also need to care about risk and not just return, especially with a volatile asset like bitcoin. And spending more to get more is not entirely wrong, it depends on where we are spending and what our plans are. We cannot expect to get more in return when we spend on useless, useless things. If we want money to make money, we need to spend it smartly and wisely.

I believe that opinion is just something to con consumers into consuming. You can't spend your money on food and consumable goods and possibly expect that this action will result in gain later. Investing and being savvy - spending on things that might actually bring a return, or hold value against economic factors - might be what is meant that in the way that you will get more in return.

In your scenario, the only way to build further is to reduce expenses and maximize opportunity. If you are spending as much as you are receiving to survive, that is unfortunately where you will stay until you make changes to either reduce expenses or increase opportunity so that you can create a surplus. It might sound easier said than done and it might seem hopeless not knowing how to make changes, but thinking outside the box and taking leaps into opportunities that you might not usually or sacrificing an expense/comfort so that you can create that surplus should always be possible.

Good luck

I believe this to be true based on the fact that the word of God(the holy Bible) said in the book of proverbs that "there are those who scattereth(that is spend much more) but yet increaseth, but there are those who withholdeth much more than they need, but still return to poverty", by this I want personal believe that the belief that the more you spend, the more you get, has every thing to do with how you spend and what you spend on, you can't possibly spend all your money on living a reckless lifestyle and lavishing money on things that you know you  do not need and does not bring more money to you , and then expect more money to flow in without working hard for it, it doesn't work that way.

 The statement of the can only  be through depending on what you're spending or rather investing on,  if not it's regarded as false for instance imagine someone spending carelessly on clubbing and material stuffs and expecting for to yield profit in return or a new gambler staking high not minding the risk of gambling.

It still doesn't matter whether you've got a rich uncle or inheritance because you can't spend carelessly and expect your uncle to refund or sell your inheritance to make up for your loss, however selling your inheritance if you had one can only be profitable if being invested  wisely on a business that would yield better profits, and also spending on buying materials stuffs like Gold that doesn't depreciate, it all falls back to spending/investing wisely.

Spending more doesn't assure you of getting more

A quote that sounds like that is not entirely true, but it can also be true when someone uses more money to buy Bitcoin at a cheap price and he can immediately get more profit if there is a more significant increase in a short time. For example, what happened three days ago where Bitcoin decreased in price to around $25K and only one day later Bitcoin immediately recovered and returned to a price of $27K. This means that the quote that you think is not always correct in a context like this is very suitable because the quote can become true when there is a significant change in a place or in the market.

Economic principles, energies, and feelings are complex and interconnected, influenced by many factors such as market conditions, personal choices, and external circumstances. It is important to approach financial decisions with careful consideration and a balanced perspective. While it is true that spending money on things that are important to you can be satisfying, the practice of responsible financial management is also essential. Impulsive spending without considering the long-term consequences can lead to financial stress and negative outcomes.

It just depends on how you are, how does your job pay you, or maybe what's your relatives or families doing in order to have some big expenses. Because if you do some big expenses, then that means you have either sufficient income to afford those expenses or having rich relatives(with what you said earlier, you don't have it). You can't just have big expenses without having either of those. If you have fixed income, unless you do some saving to afford to buy big stuff in the future, it's difficult to afford those things.

I tried to quote about The statement that "the more money you spend, the more you get in return" is not quite true. While certain investments or expenditures may generate returns or benefits, it is important to consider the context and the specific factors involved.

In times of economic decline like today, we spend more because our needs are getting bigger and our respective incomes are stable so we have to be good at managing our finances, but since knowing Bitcoin I feel lighter in dealing with my financial problems and currently almost stable between income and expenses, of course this is something I really want and I believe one day when bitcoin can increase again then I will be easy to get all the needs I need because currently some of my assets are being used to invest, hopefully we will all be facilitated to live this life.