I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.
A glance at the value of money or fiat when you used it in the past was called the Time Value for Money, meaning that the value of fiat will continue to decline due to inflation and inflation is the source of all diseases. So to cover the value of the past the government creates interest. The value of $1 In the past you could spend it on various goods, but now $1 has no value whatsoever to pay for.
If we discuss more broadly the emergence of Bitcoin, its supply is limited, even if it is mined until it runs out, the maximum amount in circulation will still be 21 million BTC minus the number of people who have lost Bitcoin in the past because they forgot to recover it. seeds or because they die, etc. With limited circulation, Bitcoin is the only asset or currency that is free from inflation. Compare $1 BTC 10 years ago and what you still have today to $1 US 10 years ago
Can you afford to buy goods at this price now? No
Spend it wisely on the things that you truly need. You don't have to restrict yourself from spending on things that are like for entertainment as long as that amount isn't going to eat a lot of portion of how much you've got. But if you're in that shoe where you barely afford to earn that amount, you must really tighten your pockets. Just remember the hardship that you've dealt with before and how far you've come now. It is okay to help other people to stand on their own when they're in need. Not everyone is fortunate as you at this time and I think that's enough motivation for you to be careful and remember how you should spend your money wisely.
Say, shop wisely, but at this stage the definition of being wise in shopping cannot be measured evenly. For the lower middle class, they do not have sufficient shopping options because to fulfill their daily needs they need to sacrifice other needs. In this way, there is no shopping wisely unless the shopping costs are still low.