Topic: "I saw my salary on a bottle of perfume today" - page 2. (Read 1145 times)

People need to be contended with what they have now, not saying they should not be ambitious, no, you need to be at least an ambitious people, but the issue is that when you reach a level, some cars go for $40k while some goes for $1 million, you need to cut your cloth according to your size and stop looking at these luxurious goods, build your own wealth and all these things you think are extensive will become cheap to you.

You have to understand that you are not much different from a product, as long as you have good quality then your value will also be very high like perfume or caviar. I realize why currently my income is still quite low, it's all because I realize that I still don't deserve a lot of money, I still have to struggle to improve myself

People will not be willing to buy expensive things when they don't think that the goods are worth the price, not much different from your envy, people will not pay you expensive things when you don't deserve to get it

Here's what I want to say to you. Do you really think that only rich people buy those perfumes? No. They only show it to the world in order to lure people to buy it. And who will buy the rest of it? The middle-class people are trying desperately to show others that they are rich and they can afford that perfume that costs them 1 month's salary. They will not spend it once. They will work hard, save up, struggle in daily life and then they will buy it after they have saved the required amount.

That's how those filthy brands advertise their products. They even offer it to rich people for free just for publicity. And once they are at that level, they will suck the blood out of normal people.
Anyway, we are talking about financial freedom. This was just a story to understand how many people have different perspectives on things.

This may sound ridiculous to those who have high monthly income but the person who created this post and those who have monthly salary like him will only understand how difficult the reality is for them. Earning a middle category salary does not actually fulfill one's hobbies or pleasures but only allows one to take care of one's family. I don't think anyone would buy a perfume with the money we earn a month. Before buying that perfume a thought will come in our mind that it took us 30 days to earn this money and in this 30 days income I can't spend just buying a perfume. For those of us who belong to the middle category salary bracket, there are many good perfumes in the lower range that we have to use.

When you’re worry free about problems or emergencies that could arise in the near and distant future due to lack of money, maybe cause of your investments and assets that regularly help to fill your pockets. That’s what I would call financial freedom. You’re literally don’t have to bother about money problems.
 
Financial freedom/stability doesn’t necessary equate a luxurious lifestyle. Picture someone inheriting two million dollars. Goes ahead to burn it all on drugs, alcohol and hookers and generally enjoys a luxurious lifestyle. Such a person cannot be said to be financially free/independent despite having and spending all of that money.
It’s become quite rampant how people spend way beyond their means,living a fake and costly lifestyle in a bid to portray wealth and success.

Marketing strategies have made people as consumers and their minds were made blank. If they think, should I need to smell at that cost and what does it brings to him/her. Human always have a natural smell which is also an attraction. I'll never go for it, maybe the smell will attract someone towards you. Maybe if the salary is with him/her, if is possible to have good life. Just to smell good we need to sacrifice many things and that is not the right way. Another thing it is possible to smell good with $1 as well as with $1m. It is upto us and how well we make our calculations and go for the right product.

What you are saying made me flashback to a discussion I heard from people over in a taxi while going home with my daughter, someone said of how could a Pastor go buy a private Jet while there other members who needs help in the congregation.. they were saying all manner of things about buying expensive things. Well to me I was like do they know the financial level of such person before they would start rolling their tongue and winding their mouths to talks about how the uses a certain amount to buy Jet.

In the world we are of different classes so it's to our incomes, you can see someone who earns 100x of your salary and you can also see someone who earns 1000x of your salary, the thing have you sets yourself to earn something good?
Well I can say to those people you don't expect them to behave like you because you don't know if they had their own investment higher than yours or they have already builds up what will keep generating money for them even though they don't work anymore they can earn through their investment and be totally free from financial stress that, that was why the person you quoted asked that question.

   Wealth generated and grown can at the same time be lost even faster than how it was acquired. Due to this reason, wealthy people do no slack in keeping their funds in check and also maximizing the already made wealth. We tend to wonder what more so they need in life that they're not lasting around over but they know the prospects of business, economy, wealth and investment and they're certain that when one gets to the stage that they are, any error at any point will cost them a huge loss, so they try their best to prevent it. In some situations, they don't leave their assets to incapability, they'd rather be the capable hands themselves till they're very sure of a descendant's capability to keep it growing.
    Finance is very much difficult to manage, a whole lot of checks and balances, market surveys and scalings, life doesn't just really end at having wealth, but rather ones ability in maintaining and expanding that wealth makes for the meaningful life to still be lived, opposite of that, one would be back to phase one and he'd have to start rebuilding from scratch. No one would ever want his efforts and struggles of so many years to go down the drain all due to carelessness.

Depending on your financial strength, everyone has the right to apply a product of whatever amount he chooses. I see it as a poor man's mentality when people condemn others because of the amount of money they choose to use to purchase an item that makes them feel alright about themselves. Let's say for instance, my monthly earning is up to $4000, if I decide to buy a risk watch for $50, the poor man who earns around $200 a month might feel that I'm being extravagant with my spending but if you look at from my monthly earning angle, you will notice that it is a very small fraction of my monthly income. The whole thing is that one should spend a proportionate amount that equals what he earns.

i was earlier believing that financial independent is when you don't need to work for money but have enough money to fulfill your needs, then I realized that such thing might be inexistent, there is reason why some billionaires are still working or at least still getting in touch with their companies even when they are already old enough for retirement aside from the fact that they might favour working than just lying around, they also realized that their wealth could be very well eaten up if things goes wrong and most of the time with business thing will go wrong, thats why they eager to take care their company even more so if they have descendant where they'd be relying on the company.
Its a fact that inflation eats up wealth and therefore we need some prevention and one of them is keeping our wealth increase in value as well which isn't easy most of the time.

In my opinion, those who have reached a state of financial ease are still thinking about how they can earn more income and this does not mean that those who have achieved financial freedom do not think about experiencing losses in the investments they make, but they will be more careful. In making a decision regarding the investment they make, there are even some people I see who have financial freedom who still record all forms of expenses they incur to be able to find out whether they have used the money they have well or not.

there are people naturally that love perfume and are so obsessed with it and will go to any extent to acquire it, but that indecisiveness in finance is dangerous because using a large amount of money to buy perfume is a misplaced priority if I am not forgetting there are less price perfume that can be purchased and you still get to smell nice. I think what pushes some people to buy these expensive perfumes is the brand when people ask what brand of perfume they use they will easily disclose the brand because of the respect they will get. Being financially free not easy to do with all that is currently going on but, spending can be reduced, and I wonder what be financial discipline will do for you now, and in the future, it will do a lot.

The best way is when you have quite some amount of money with you I will suggest that you invest it because sometimes you might just keep taking out the money and might render your savings useless so it is better to invest and get your returns. if you even have a family all your concerns will be about your family and their future and you will always think of how to make more to make your family comfortable, because buying what is not important with your financial status is foolish.

In my opinion, that's not financial freedom. You are talking about the need for money. If you grow up in a high-class family and have millions of dollars, yet you cannot use them for your needs, this is the obstacle, and that's where you need financial freedom. Imagine you have a million dollars in your bank but cannot spend more than 1000 USD per transaction with your credit/debit card. This is an obstacle. That's why Bitcoin came here. You don't have any limits. You don't have to keep your money on an organization and give them a commission to handle your own money. Instead, Bitcoin gives you full access to your funds.

The idea of someone using something as expensive as that is not that it's a better product, might be or may not be we do not really know, some of them are and some of them are not. I mean famously Rolex had some terrible watch series as well, which caused a lot of trouble, but they had some of the best ones too, if you got one of the bad series then you should be feeling like you got screwed.

However, what I am talking about here is that the idea is to spend money on things that others can't, so if you get a perfume that is more than someone else's salary, the idea is not to smell nice, the idea is to smell, so that others would ask it, and you can say that it's the expensive one. Like your phone has the time, it's much easier than a watch, or you could get a simple watch, if the aim is to tell time, but if you are getting a 100k watch, then the aim is to tell others "I have money", that's the whole point, and you can only do that with expensive stuff.

This reminds me of what Steve Harvey said in one of his inspirational videos. He said we should grab the opportunity to experience first class, and whenever you get in the plane again, it’ll be difficult to walk past the first class because of the luxurious experience, then, your mind will consciously or subconsciously think on how you can get back there to experience the comfortability and all again. So ideas on how to expand your income would likely come.

Here’s the link: https://youtu.be/UBjwJN9A02U?si=PHU3BgIevHOP7MBG

 That is life because seeing the amount that many luxury things cost for a middle-class person, it cost a lot. He just sees a perfume that costs his salary, then what of a shoe that costs the monthly salary of almost 5 workers, and the worst case is that these 5 workers are not alone but they have family and they feed well. So in life, what you use for a month is what someone spends for a single item.

 Seeing his salary cost a perfume won’t make me feel surprised because I have ever seen a video that I confirmed and found out is true: a roasted fish that cost 5.5 million Naira in Nigeria, so in dollars, this is almost $5,500, so just see what a fish that you will eat costs and imagine the salary of other people.


 To me, financial freedom is not just having all that I need but accumulating a large amount of money and properties to be able to provide for my needs, my friend's needs, my family's needs, and also to provide for the needy (those that are suffering in life and need help in their daily lives, like the poor, who need shelter, food, clothing, adequate healthcare services, and many others). So when I am thinking about getting financial freedom, I always think about what I can also do to provide for others, because seeing myself helping others makes me happy.

For me, financial freedom is when you don't think about your needs anymore, because they are automatically covered, and you don't worry about investing, even those that have high risks because someone will handle it if you lose.
You will not be afraid to take any further steps to try to increase your income, because your income is already greater than your expenses.

I have a slightly different view on this even though I am aligned with the OP but I am more concerned on equality I know if you work hard, save more, invest wisely but some of us don't even get that opportunity. For example it makes a huge difference in most of the countries if you are graduated out of an reputed tier 1 colleges as top companies wants to hire candidates from Top Tier colleges and pay them massively wherein those who cannot afford to get graduated from these colleges end up struggling for years only to realise a fresher candidate is paid more than them just because they are from top tier college. An skilled labour worked much more harder than IT professional but he can never get paid on equal level.

We need to work towards creating equal opportunities right from the grass roots as anyone can say working towards higher salary will help them buy perfume or it's lavish spending, I feel our focus should be why the difference in financial circumstances of people.

Every thing has alternatives, the perfume that OP mentioned may be beyond her affordability but there are alternatives to that perfume which she can buy if she wants. If I have to buy a perfume with one month's salary then I have no need to buy that perfume because with one month's salary I can do other things well without buying such an expensive perfume. When money income is high, a person will have the ability to buy more expensive things including expensive perfumes. I think we should not think like this by earning relatively less money but we should think how to increase our workplace and how to increase our monthly income. But when we try to increase our income and succeed in increasing the income we will have the ability to buy everything.

Indeed, there is a big difference between spending money on fun things and making money for life, which shows how divided society is. But your point of view on financial freedom as safety for the future is very wise. Its not enough to just have money; you need to make sure it keeps growing. Investing to get passive income is a good idea.

Though, are we missing out on happiness in the present when we worry about our safety in the future? In the end, financial freedom should strike a balance between safety in the future and happiness in the present. Its not just about the money; its also about how it makes our lives better now and in the future. Can we really say we're free if our plans for the future take over our present happiness? Maybe the real freedom is finding this balance, where having enough money doesnt stop you from living in the moment.