Please let me clarify first: anyone who is extremely poor or wealthy is not included in this discussion. Only those who are employed with steady income, some savings and spare time will find this topic useful. I guess most of us are doing fine now but financially we have to face one common problem: how to spend money. This issue leads to many consequences if not handled properly. Here I would not start any broad and subjective agruement. To deliver my message clearly, I am using some specific examples to elaborate. For example, a lot of peole complain that their income is not enough to cover their daily expenses so they can't save much money while...they spend seven bucks on a cup of coffee almost every morning, throw a hundred dollars on some gym membership cards but never show up training, have dinner with some random girl in an expensive restaurant, buy drinks in bars and waste hundreds of dollars... The list goes on and on. If you live this kind of lifestyle and at the end of months, you are running out of money or can't pay the mortgages, whose fault is this ? I can not provide any statisitics but I am sure that many people have fallen in the trap and can not get out. I hope you are not one of them.
One of the problems of our time is the reassessment of one's needs and "habits" that do not correspond to income. More precisely, an attempt to impersonate "more wealthy." I do not want to call myself very wealthy, but I consider myself "middle class". I have several apartments, a car, a land plot 20 km from the capital of the country where I live and other joys of life. It's not too much and not too little. But for example, I don't buy Brioni suits, I don't buy Porsche Panamera, and I don't buy Patek Philippe watches. Although I could buy it. No, I do not argue - these are quality things, but I think they do not suit me in terms of my needs, income, and the ability to maintain and pay for their possession.
Regarding coffee - a perfect example. I also love good coffee, my favorite variety is arabica irgachif, or sidamo. On the one hand, there are a lot of cafes where this type of coffee is prepared. On the other hand, I'm not ready to follow him anywhere, I want to wake up and drink a cup of aromatic coffee
No, of course, I go to the cafe - after all, this is my help to my neighbors, who made a wonderful cafe, invested their strength, money, soul, and I am pleased to support them. But I'm not ready to be the daily "slave of a cup of coffee." My coffee machine brews coffee just as well, and much cheaper
And so in everything - you can really reduce your daily, regular costs for unnecessary acquisitions. No, this does not mean that you have to drink the cheapest coffee, pouring boiling water over yesterday's brewed coffee today - this, of course, is also an extreme. But just like that, regularly paying 2-3-5 times more than you need, this is stupidity and not a reasonable attitude to your money