Topic: Do you spend more-do you get more? - page 7. (Read 1570 times)

This is also not entirely true because not all investments bring good returns. To make a lot of money in investment not only requires a lot of capital but also needs a lot of factors combined to get a big profit. Like if you invest 1 million dollars in bitcoin for 69k$, your return will not be greater than those who invested tens of thousands of dollars in bitcoin when bitcoin is only a few dollars. Choosing the right potential assets to invest, the right time to invest, and the ability to hold until profitable…it can be said that there are many factors that combine to create the highest possible profit.

In this case, it is also necessary to look at which way we spend money, if someone only spends money to pay for their daily needs, which means they only spend money for consumption, then the return is that they will not be hungry in their life. But if someone is spending money on things like investing in real estate as well as investing in crypto, the most important thing he should consider is choosing an asset that is suitable for the long term.

So that the return can be seen more clearly through the profit that he might get, so the perspective is about in which direction a person spends his money so that he can know about what return he can get in his life even though it is not a basic formula to guarantee wealth, but when the returns can be much greater at different times, of course someone can also become rich in his life.

The belief that spending more money leads to greater returns is not necessarily true in all cases. While it is true that strategic investments and certain expenditures can potentially yield higher returns, it is not a guaranteed formula for wealth accumulation. It's important to approach this topic with a balanced perspective.

I also think that's what only the already successful and rich say. While ordinary people, having spent all their money, will not be able to get it twice as much as those who have a fixed income, this expression is not relevant at all. Unless you're not a seller of some parts.

A friend have briefed it through biblical verse. This is also connected with business as well as with investment. I'm not sure how far it connects. With investment, the risk is high whereas the profitability depends on the volume invested. More invested will give back more profit. Another thing I have come across business persons who used to say, right now market isn't to grow from the scratch. We should have the ability to do big business only then we'll be able to get big revenue. So, in different things it can be connected.

I think this is just a theory, you just have to used logic here and see that it just won't simply work. Specially like if you just have fixed income, have a regular 9-5 job. It will take a lot of imagination to have this theory work on you. Maybe if you have the money and spend it like building your own business empire, then maybe there is some sense in this saying. But if you are just spending your money buying and not investing, then obviously, nothing will be returned to you. So that's it, invest the money that you have instead of spending it to useless stuff and material things, practice frugality and then have the mindset to let's say in crypto to just hold on your assets and sell it at the right time, maybe you will get more in return.

I think that portion of bible ends your argument, besides I don't have such time to exchange any word with anyone.

There was a story told to me by a friend. Its definitely a shady business deal and a terrible thing, I do not accept it, but politics is politics. There was this dude who was building a big building, and the sewer system ended up being a bit different based on the way it was designed, so it would cost a ton more, nearly a million lira more (about 50k dollars) and he didn't want to spend that at all. So instead, he found out who was in charge of legally signing off on that document, called up some friends, and then went to places he was and meet with him via friends on places, like it was coincidence and not stalking him. Then he went on friending him, this took 6 months because the building was already in blueprint period, not even a single nail was struck, it was all just on paper, so for 6 months until the construction began, he befriended the local official, and even gifted him his watch, an expensive one, and in return he didn't even say anything. So when local official saw his name on one of the problematic issues, this time official called him and basically helped him. So in exchange of a 2-3k watch and a few dinners and drinks and a good chat, dude basically got away with 45k profit and did not get that problem.

You spend, you earn. Its that simple. Horrible life we live in, this is disgusting and make me want to puke, but its real.

Indeed. That could lead you to a good direction if you spend more on some high potential investments. But if spending only means those materials that only bring satisfaction on your part, then don’t expect that you will get high returns from it. That will only make you overspend and end up having a debt so you can still survive with little money left. It’s good to spend in things that could give you high returns in the future, but if it only means buying yourself a lot more for your own selfish desires, then it will definitely make you poorer in the end.

I totally disagree with you; you will need more facts to prove how true this is. I'm a Christian, you know, and I've covered several parts of the Bible, and there's no place in that Bible that says spending more will earn you more. If you spend on things that are very worthwhile, you may definitely benefit from their worthiness.

Even some statements in the Bible practically stated that if you don't do things the right way, you will not see any results.

I know there is a verse in the Bible that says, "Givers don't lack, but to be honest with you, you really need to give wisely; otherwise, you will lack more and there will be no one to return the favor. That's because the favor that we do to other people will one day come back to us, but if you do the favor foolishly, nothing will return to you.

You will never get any returns if you spend on materials that brings luxury for you, but if you invest and give more on potential investments particularly with bitcoin, that creates high chances to make you even more profitable when the market favors you. So never spend on things that only brings temporary satisfaction but focus more on long term investments that may give you multiple fold of profits once your investments paid off.

We have a lot of expenses but not enough for our family expenses and monthly bills. In short, the salary of just being an employee is not enough if all expenses are dependent on the salary at work.

       That's why others are still looking for a sideline job or part-time income, and there are many people who do that here in our country, even in other countries, other people do the same. And there is no one who doesn't want to get rich, of course everyone wants it, but not everyone works out how to achieve it.

That idea is for business class people and investors, you know that people say the way you dress so you will be address in that way, some people you see with flashy cars and wears do it not because they wanted to have them but to feel among, it is a way you to market yourself and put values into what you want to offer your client. There is high chance of investors wanting to do business with you when they see that you are smart and very presentable, no one will choose to work with you if you don't have packaging, that is how the world works my friend and this is not for the average working person that go to normal job and comes back home to rest, it is for huslers.

The more money you invest, the more returns you will get. But the more money you spend, the poorer you will be and at some point you will be in debt. I have never seen anyone spend more money and get more return.  People who spend more money than necessary are always in debt.  If you want to be rich then you must refrain from overspending.But it totally depends on you what you actually want to spend.But it totally depends on you what you actually want to spend.  But never go to invest extra money there may be risks.  Always try to keep some savings and invest.

Don't put all your eggs in one basket; this really applies to all. No matter how sure you are, you should always diversify your investment. All of his salary was invested in it, which means he has nothing to spend it on now unless he has extra money or he still has no family or kids as he is relying on his parents, but putting it all in one basket is not a good idea. Also, getting rich is not that easy in this kind of investment; you really need not just diversification but also patience, knowledge, and the right timing.

Yes, I think the more you invest, the more money you will get. But if you make a wrong decision, there is a possibility of losing money, so you have to think carefully before investing. But don't think twice before investing for a job.  If he invests all his money for the whole month then he will make a big mistake. He has to invest some of his money and it will be better if he uses the remaining money for other purposes. In this way, there is a possibility of becoming rich.

And there's this karma belief that if you give more then you'll get more and that's the practice that others are believing. As the bible says that, the more you give, the more you'll receive and you're blessed than others.

That's the thinking of many in investing, the higher capital you to start with. The greater returns and chance of profiting are what's gonna make you confident. But that's not the right thing to think of, yes, you've got better and higher funds but it is the performance of your investment that will still dictate your profits. And knowing that is your thing and the research that you'll do before investing on that asset or investment like Bitcoin.

It's really just an opinion, like you called it, and after all, not all opinions are true; some people are just made to believe in certain logics of other people, of which practically what they are insinuating is never possible in this world.

I can therefore even modify the statement to say, "The more money you spend on things that matter or things that generate more income, the more money you get." At least it's an attainable fact that can actually be proven to be true. For instance, if you are working at a fixed salary and you save up to open a business and employ workers, you will definitely be making profits from your business. If you again save up and invest in some landed properties, time will come when you will rip those investments so huge with profits, so I can say that when some people spend on things that yield more income, they will get the cash flow coming in, but if they just keep spending so lavishly on useless things, there is no way they will get that money back.

This depends on what you spend on, what areas.  if it is said to spend money for daily living needs, this is completely wrong, when you spend money, it means that your assets are decreasing, how can you say that you will receive more?  but if we talk about investment then this may be true. when you spend a large amount of money to invest, you will have the opportunity to get big profits.  but investing is risky, not only money spent will be profitable, profit or loss depends on your ability, knowledge, and experience.

Even for someone like us my friend who has stable jobs wouldn't want to maximize our expenses just because we wanted to, what we eally wanted is for us to dave more money not only to have more investment or play with our money but also for us to have more lee-way in our savings and our spendings in a more beneficial way. It is hard to earn money nowadays since it is very complicated requirements and other stuffs but it is more likely to spend than to earn. That is what reality nowadays is all about. The thing also is that we could not hoard too much money just because we wanted and needed to, and that also depends on what's our move in order for us to have extra income or side hustles which can greatly help us in a long run.