Topic: How to spend money determines whether you can avoid unnecessary problems - page 4. (Read 1421 times)

Management in any case will be something better, especially managing the expenditure and income of money in terms of daily needs. Well you said something that is in accordance with the facts, which is that we need to work hard to sweat and even experience pain to be able to get the money, and well here is the important point. I'm sure you don't want to spend a month's worth of work just for one day, that's an unnecessary waste. It's important to think about it and consider it, I hope you can save your budget by buying only what you need and don't indulge in what you want that you don't really need. If you do have a little money from the rest of the monthly shopping then you better go to save and save it, as we know something that cannot be predicted can happen in the future, and you do it to be able to minimize the situation when you really need money urgently, you can use the savings.

But well on the other hand you are also okay if you want to enjoy the money for example to go on vacation with family, indirectly it is an effort to appreciate your struggle as a hard worker in earning income. Right, the point is we have to be able to divide for every need.

Well, money always gets exhausted mostly when it is always assured. When it is gotten after so much work and stress and pain, the spending of it comes with knowledge and technicality.
For those who are married, spending money is a daily chore but the important thing is to always keep some aside for a rainy day, because it can rain anyday and it might be on the day when the paycheck is late or too early and already spent.

No matter how much money we make each month, it will run out or even not be enough if we have an extravagant lifestyle. Conversely, no matter how small our income is, if we can manage it well then it will be enough. I often see people around me who have a small income, they can live their lives calmly, even they already have a wife and children, and I also often see some of my friends who have a high income he still struggles every month because of extravagant living habits. I understand that among us must have different lifestyles, it is no problem as long as we can manage finances well.

Indeed, everyone has their own lifestyle, but exercising wisdom in spending money is a commendable practice. It's true that not everyone earns the same, and some may earn very little, but everyone still has the capacity to seek additional income to meet their needs. It's not advisable to do the opposite, which is squandering one's salary like a spendthrift.

Individuals working in companies and earning insufficient salaries often allocate their money towards their lifestyle. If lifestyle expenses can be restrained, and if one chooses to socialize with more modest friends, it can certainly alter the expected end result. For instance, if a $7 coffee fails to provide a positive return, it's better off left behind.

Everyone has a different way of spending their money, some use their money well and there are also those who use it so uncontrollably that they regret it when their money is gone. Currently, there are many people who do several jobs to generate more income so that they can meet their needs and very few can control their spending on things they don't need, so it is necessary to have good knowledge of financial management so that they can use their money wisely. well so that they can invest with their money to get profit from their investment.

That's true about those that are in the poverty threshold. When they wake up, nothing changes and they just have to deal with life again trying to survive and have food on their tables. While the wealthy ones that probably have made their lives miserable and turned their wealthy lives into a nightmare, maybe they won't survive at first but they will adopt the situation as they have no choice but to step up and stand again on their own.
It's actually a debate that people are saying the opposite that if you make a wealthy person poor again, they'll be able to get back in life and will become wealthy again. But if you make a poor person rich, they'll just end up being poor again because they don't know how to manage their wealth and how to maintain it.

Yep, they utilize their entertainment to grow their networks. It's a smart way to join in a group of people that has the same status level that you have. Having good connections is one of the way that rich maintain their richness. Rich people just enjoy their money but at the same time thinking about how they can earn something from it. This is why most of the instant millionaires can't be more rich because they only want to experience the money, the way that millionaires lives, most of them just enjoy it at most but don't think on what will they gain from it aside from the happiness from the experience.

A mistake the poor make is that they follow the rich and try to belike them when they don't understand the secret the rich keep from them. The rich might be spending money and buying all the things that they want but to you it's unnecessary but to them they are very necessary because they can use those things they buy to get into places that they won't have been let in. The rich might buy a yacht and be let into the club of yacht owners that'll get them opportunity to meet other rich people and they get ideas and other business opportunity that'll make them richer. To you that yacht wasn't necessary and a waste of money but to the rich guy it was an investment and he can always rent out the yatch and be making money as well


The user you're responding to isn't wrong when he said, we should do things that give us comfort but doesn't disturb others. If you noticed what you're doing is disturbing others then move away from where people are to live your comfortable life. People rent island, go into the woods to leave alone so they don't disturb others. It isn't a fair life to some people, don't make it more uncomfortable for them be putting all your wealth in their faces and this is why you see the rich going to live in certain areas and that's so they don't disturb the peace of others. Comfortability can be gotten from different things, some people don't need all the wealth to be happy and comfortable while others need them so in anything we're doing, we should consider others wellbeing too.

I don't think extremely poor or wealthy people are not excluded in this matter since in this world in order to survive we all need is money for us to buy our wants and needs. People who spend money for their own desires and satisfaction we are all aware of that already. Poor people are not afraid of loss since they already accepted their situation either they will work hard to become rich unlike those wealthy people what if one day they woke up and end up in a miserable life? Can they accept it?

So true. We as social creatures will always need other people. And yes, the process of finding comfort requires hard work. And in the process of working hard in the end we will always be involved with people. It's just that we have to be smart in finding people who have the same goals as us. So that we can help each other without having to feel disturbed by each other. Like with friends and family. Working online may be more likely to keep us from interacting too much directly in the real world and will keep us from disturbing other people in the physical world. But still we will interact in cyberspace. And this type of work can indeed feel more comfortable. I also hope to someday focus on online work. Sometimes interacting too much with too many people makes our mentality tired. And this makes us uncomfortable.

It's because they can't control their wants when they see something on social media they say they want it even if it's useless stuff. Just imagine those people who are changing phones every year. If you are wealthy it is acceptable but if you are just paying it on a monthly basis and still your old phone is working why keep changing new phones? But that is their lifestyle and they choose to struggle financially.

It will always be your fault if you aren't controlling yourself. If you can't hold yourself from spending something even if it is your last penny in your walle how much more If you have huge money in your wallet you won't be saving it as you just want to spend it on all the things you want.

I have to disagree with you. Even though it is ideally better to choose comfort in various situations, we cannot ultimately grow from it. If an individual chooses to just stay with where or what they are comfortable with then it will be harder for them to grow. Basically, we cannot grow by simply staying where we are and not exploring. The mindset you have stated can mostly only be applicable to those who are already in good standing in life, they can have the luxury to not submit themselves in hardships and stay in a comfortable state because they already have what they need and they are happy with that. Unfortunately, there are individuals who cannot do the same as comfort to them is not the same, comfort to them cannot be the same as it will mean settling for what they have and grown accustomed to and that cannot be enough as life demands more (more money, more effort, and more work) hence they first have to choose to go through difficult trials in order to find the same comfort they deemed fit to stay in.

Comfort will not be obtained without hard work, because it will not come by itself if there is no basic effort. Apart from that, several challenges and obstacles can also arise when someone is trying to find comfort in their life even though you yourself said someone would do the work without disturbing other people. But in conditions like now I think it is almost very difficult not to involve other people in most things so that everyone still really needs other people even though they don't intend to disturb them.

And also its none others business on what we would gonna do with our money since its ours then we are really that free and its true that there are different things that makes people happy and it would really be
that something that they would really be going into or after because we do have our own decisions in life on which it is really just that normal that we might be able to buy things which arent supposed to be bought or realistically specially if you are someone who is really that in budget but since its a thing that could make you happy then go for it. It is really just that there are people who do really go into various extent that spending on things which arent that good or having sense at all.

Always put up your mind that you should have that emergency funds so that you would really be able to make yourself be prepared if ever there are problems that might encounter.
Dont put up yourself on desperate situation just because you do end up on having no emergency funds on the time problems exist.

There is no other party to blame other than you, when you know your finances are not okay, why should you increase your lifestyle which makes you run out of money at the end of the month. Managing finances is important to free you from financial problems, one way is by stopping/reducing expenses that are not really needed in order to increase savings at the end of the month.
You must be able to differentiate between wants and needs, spend your money to buy the things you need, not waste it where you don't need it. You must be able to discipline yourself in spending money to maintain financial stability at the end of the month.

If you are used to this lifestyle, it's hard to go back. Nobody wants to return to a previous status they were before. It's a rising progressive line in life that makes it rewarding and leads us to self-realization. It's not about the expensive coffee, the girl, restaurant or the drinks. It's about the environment you are attending to and how you feel good to be there. It's inspirational.

You won't feel the same if you attend to the coffee shop where the cup of coffee costs 0,50$, giving up on going out with girls, due to it being expensive, or drinking at a cheap dirty pub. Everyone wants to live the best as they can, so I really don't blame people who are trying to do this their way.

They wont really be able to learn those real things in life on the time that they havent been able to encounter or experience hardship on which it would really be just that normal that they would be buying their wants
and wont be minding about the possible risks later on.Just like on what mentioned above that on the time that due date comes then this is where the time that you would really be panicking out specially if you dont something to pay and this is something that should really be avoided in the first place. You should be wise and having that good management when it comes to spending. Only buy on the things which are important or in priority because if you are really that not good on management then you would really be ending up on being poor. You might be living like a king in 1 day but you would really be suffering forever if you arent that wise on taking decisions.
Be wary on your spendings and prioritize on things which like those food,clothing,insurance,saving for emergency on which i could say that these are the main priorities that we should really be focusing into.

Those type of people are living their lives beyond their means and that's a wrong approach for their way of living. We can say that it is how they live and they can't afford it based on how much they are earning. If they can't endure for a while until they earn decently to afford everything, they'll always have that fight inside the family about money. It's not that bad to find a way to live comfortably but if you really can't do it for now, you need to be patient and wait until it is enough with how much you're earning. Because if not, too many troubles are going to happen at most times especially with relationships.

If anyone should have the money to lavish in the manner as op narrates it then mean they are financial alright like they ain't lacking the money in terms of spending, what they are lacking is rather the attitude of spending the money wisely in a meticulous spending on useful and necessary things under a budgeted plan. Wasteful spending is something a few people that have a good source of monthly income are suffering from, like before the month runs to the middle of the month they have spent their income all of it in the way op narrates.

People that spends money this way usually get to realize their self when the money is no more there, a little hardship straighten a nut in their brains to quit from such wasteful spending but I as much as the money keep flowing in as they keep spending it's very hard to see them having a thought if getting out of such lifestyle.

I did have this shit experience back in the past since im a credit card holder which had been granted with a big credit limit on which since its my first time on bearing out such card which on the time that you are inside of a mall then lots of things that you would really be having in mind which you would really be liking to purchase on since you know that you do have a card which could really be able to buy up things without having that cash on your pocket and since its my first time then i did make myself fall into the trap on which buying up things which arent really that relevant or something that would really be useful for long term but instead i did make
purchases which it did really satisfy my impulsive materialistic part and here comes the time with those due dates then this is where things starts on being fucked up on which paying up those amounts that you had
been able to purchase or else you would be paying up that minimum amount due monthly if you cant pay it as a whole and this is where those debt chain would be starting and this is the hardest lesson that i do have
and been resolved for how many years because of that unwise spending.This is why its a must avoid thing in the first place. Dont make yourself that impulsive.