Topic: Imaginary Future (Read 913 times)
Everyone has a lot of dreams about the future but not everyone has a plan for it or even if they want to it becomes difficult to save money because as like i have a family and it's costs a lot of money to manage family and also myself, even i need money in a month more than my monthly income.
Every human would like to live in the world of dreams. Every human has dreams. But living in the world of thoughts and dreams is not a good thing. There is no limit to human thought and likewise no limit to desires. Therefore, we cannot depend on the imaginary future. But sometimes ،it feels good and the heart wants us not to get out of the settlement of these thoughts.
But despite all this, life and its economic problems are very bitter and painful. We have to face these problems bravely. So we should make effort to improve our finance.
But despite all this, life and its economic problems are very bitter and painful. We have to face these problems bravely. So we should make effort to improve our finance.
budgeting is the answer
EG those that are full on anal about saving.. budget it
for instance
new bedframe and mattress every 8 years (expect 4 years incase of damage) $1200 / 48months = $25/month to save
new fridge freezer every 6 years (expect 3 years incase of damage) $600 / 36months = $17/month to save
new washing machine every 6 years (expect 3 years incase of damage) $400 / 36months = $12/month to save
new boiler every 10 years (expect 5 years incase of damage) $2500 / 60months = $42/month to save
new PC every 6 years(expect 3 years incase of damage) $600 / 36months = $17/month to save
meaning you would put aside $113 a month to cover appliences whereby within a few months you can cover if one of them stopped working
and then set a budget for hobbies. that way because its part of a budget there is no guilt in spending because its part of your affordability plan
and then set a budget for "f**k U money" hobbies. buy anything in that budget there is no guilt in spending because its part of your affordability plan
EG those that are full on anal about saving.. budget it
for instance
new bedframe and mattress every 8 years (expect 4 years incase of damage) $1200 / 48months = $25/month to save
new fridge freezer every 6 years (expect 3 years incase of damage) $600 / 36months = $17/month to save
new washing machine every 6 years (expect 3 years incase of damage) $400 / 36months = $12/month to save
new boiler every 10 years (expect 5 years incase of damage) $2500 / 60months = $42/month to save
new PC every 6 years(expect 3 years incase of damage) $600 / 36months = $17/month to save
meaning you would put aside $113 a month to cover appliences whereby within a few months you can cover if one of them stopped working
and then set a budget for hobbies. that way because its part of a budget there is no guilt in spending because its part of your affordability plan
and then set a budget for "f**k U money" hobbies. buy anything in that budget there is no guilt in spending because its part of your affordability plan
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think realistically, indeed investing for the future will be very promising, especially if you invest with bitcoin or layer 1 coins. but you also have to think, in addition to having fun in the future we are living today. and will not know when we will die and leave all the assets we have. so my view, have fun for today and the future.I myself started organizing my finances from now on. i allocate about 40% for future investments, and more for current needs. why only 40% for future investments? because i live in today, and assume that what i invest in does not exist, so I don't think too much about the asset. and maybe I will inherit it to my children.
It's always advisible to invest for the future but we also have to try and enjoy the present. There's a difference when you can't enjoy the present with the money you make because you have too many responsibilities and when you can't enjoy the present because you're saving for the future. We have to try to do things that will make us happy and keep our minds in sane. The purpose of an investment is to have a better life in future, but it doesn't mewn we have to live s very unhappy life now.
Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.
There should be a balance between the two. You shouldn't ignore saving money or making investment but you should also not make yourself and your family suffer and live a miserable life just because you have to prepare for the future because your future means nothing if you are not living a good life right now. I know that preparing for a better future for yourself and your family is a great thing but that doesn't make your present useless which means that you should equally invest in your present.Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.
And it's not just about money, a lot of people tend to spend no time with their friends and families because they are busy making more money so that they can save or invest for their future, they don't realize that they are wasting their golden years and when they get into the future, they will wish that they had spent more time with their loved ones instead because money and everything else can come any time, but you can't have your loved ones around forever.
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
That's something very intimately linked to personality. There are very impulsive people who aren't capable of saving the most basic percentage of their income just in case, and those who find it difficult to waste in nonsense the money they got thanks to their hard work.
My two best friends are like that: one cannot resist the temptation (whatever it is) and the other one doesn't even have a coffee when we hang out together. So, knowing well the two extremes, I'm well aware that the virtue is in the balance, like Aristotle would've said.
One should save for the future while he's got the tailwind, but not to the extent to sacrifice the present for a future that we take for granted but is not sure.
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think investing is one of the best ways to reach good goals in a person's life. When you plan an investment for the long term and hold on to its success, you must give up small gains. If you want to buy something, you must sacrifice a lot in terms of investment. If you have invested money to buy something, you must give up many achievements and rely only on this investment for the future. The future planning you invest in to shape your life is your main objective and your investment will secure you financially in the future. And everyone wants to enjoy a great life, so I guess everyone invests for a bright life in the future. 
Danger can come anytime in human life and people can die anytime so we can consider the future as uncertain. There is a need to plan for the future because we all expect to live long and if we live long we must plan for the future. But none of us ever think about planning for the future because when we might die, the idea never comes to our mind because we always think that we will live for a long time. Planning for the future and implementing that plan is okay as long as one's present is okay. If we forget our present and think a lot about the future, then it will not be very useful. We have to live well in the present as well as think about the future only then we can lead our life well. Thinking about the future, if we forget to eat and drink in the present and do not live a good life without eating nutritious food, then we will have to live sick in the future.
Yes, this always happens. Due to the increasing difficulties of life day after day, the constant high prices, and the increasing need for money to cover daily and future expenses, you will find yourself seeking to earn money or save for the future without enjoying your favorite life.
Imaginary future affected me for almost 3 years untill I came to understand life as a very simple place to live in as much as you are okay with your streams of income. People gets into problems because they wants much million without working towards it. Million does not come easily but a drop of penny continuously makes someone financially rich and stable.
In my country, a lot of young ages go into scamming while they forget that richness does not necessarily come out of that, they end up been addicted to drugs and squander all on luxurious things and go broke again. All their life revolve around drugs and alcohol because they don't know how hard is it to make money. Most of them end up with nothing at the end of the day because they feel scamming make them rich while they are actually poor with no foundation.
In my country, a lot of young ages go into scamming while they forget that richness does not necessarily come out of that, they end up been addicted to drugs and squander all on luxurious things and go broke again. All their life revolve around drugs and alcohol because they don't know how hard is it to make money. Most of them end up with nothing at the end of the day because they feel scamming make them rich while they are actually poor with no foundation.
This is the influence of friends' environment and this is where the importance of minimal, most basic education from the family. If it is considered trivial if the child is out late at night and we don't ask or even follow his movements/activities then don't expect it. No matter how rich their parents are, they will end up with regrets and problems one after another.
Just focus on present first because if you live unhealthy present and suffer from different types of stress due to lack of money but are in hurry to make your future better then it does not sound suitable. If you have little money and you have to complete you wish in present and also invest some amount then I think you should prefer your dreams because there is a specific timing for dreaming and in old age you will have lots of money but your dreams will be no more.
A person who has to look out his house is a responsible person and he Don't think about his dream but just concentrate to invest amount that will help him in carrying out his responsibilities well. Spending too much money in nonsense activities is not a good move but if a person is not using money in buying necessaries things then he is also not doing a good job. Carrying out responsibilities, saving, investment and fulfilment of dreams is all possible but if one understands to use money according to plan.
A person who has to look out his house is a responsible person and he Don't think about his dream but just concentrate to invest amount that will help him in carrying out his responsibilities well. Spending too much money in nonsense activities is not a good move but if a person is not using money in buying necessaries things then he is also not doing a good job. Carrying out responsibilities, saving, investment and fulfilment of dreams is all possible but if one understands to use money according to plan.
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think, Sure, life “experiences” are necessary, but the future is important. I am not a selfish person who only lives and spends for myself. Each person will have their own family and it is your responsibility to save and build for the future. Some people I meet have the mentality of being satisfied with what they have and don't need to think about the future. That makes them always think "satisfied" and "excited" in the present.Honestly, I like those kinda people. At least they are living in present and enjoying it. We could die next moment, who knows?
Yes, future is important but if you are letting go of present for that, then it's not worth it.
Quote
“experiences” help make current life meaningful, interesting and valuable. It helps us have more experience and also become more mature. So, a harmonious combination of present and future development thinking will be best.
Yea, this is better.
It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.Btw, your statement “investment does not stop luxury” kind of sounds contradictory (to me). I think so because I don’t believe that you can be actively investing and be actively spending luxuriously. Or maybe you mean for a super wealthy person? Because if you do not have so much wealth, you can’t do that. But then, if you have so much wealth, what are you investing for? Just thinking.
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think, Sure, life “experiences” are necessary, but the future is important. I am not a selfish person who only lives and spends for myself. Each person will have their own family and it is your responsibility to save and build for the future. Some people I meet have the mentality of being satisfied with what they have and don't need to think about the future. That makes them always think "satisfied" and "excited" in the present.“experiences” help make current life meaningful, interesting and valuable. It helps us have more experience and also become more mature. So, a harmonious combination of present and future development thinking will be best.
I often imagine losing my money when investing and think about it again, and say why didn't I divide it up first so I didn't put it all in.
but I don't make myself suffer by holding back the things I want.
but I don't make myself suffer by holding back the things I want.
I did the opposite by investing and losing and then regretting what I did, but it's no use because it has happened, it's better to take it as an experience to be wiser in managing my finances in the future.
It's always advisible to invest for the future but we also have to try and enjoy the present. There's a difference when you can't enjoy the present with the money you make because you have too many responsibilities and when you can't enjoy the present because you're saving for the future. We have to try to do things that will make us happy and keep our minds in sane. The purpose of an investment is to have a better life in future, but it doesn't mewn we have to live s very unhappy life now.
Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.
Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.
It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.Financial preparation matters more than ever in today's economy. It's important to plan and understand our financial options. Are folks taking advantage of tax-advantaged accounts, high-yield savings, and compound interest? You say investment doesn't stop luxury, but may smart investment enable sustainable luxury? This method demands extensive personal finance and investment knowledge. While we encourage enjoying life's simple joys, shouldn't we also learn how our financial decisions might help us do so sustainably and responsibly?
this topic is about people already planning and have achieved financial security are then left wondering what to do with their accrued wealth win-fulls
ofcourse "waste it all" is not part of any plan. but neither is "save it all"
ofcourse you should allow your wealth to accrue more via financial planning. but you should also include a smaller set budget for todays life activities
if you set budgets for vacations. hobbies and a small budget for "F**k You money" where by you dont care what you spend it on. you stop feeling guilty about spending it, because its in the planned budget
alot of people spend years waiting for the win-full but when it arrives feel afraid/guilty for spending it. but if you set some budgets. it's you giving yourself permission to spend it knowing you are not causing future hardship. because its in the planned budget which has calculated to not cuse hardship
It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.Financial preparation matters more than ever in today's economy. It's important to plan and understand our financial options. Are folks taking advantage of tax-advantaged accounts, high-yield savings, and compound interest? You say investment doesn't stop luxury, but may smart investment enable sustainable luxury? This method demands extensive personal finance and investment knowledge. While we encourage enjoying life's simple joys, shouldn't we also learn how our financial decisions might help us do so sustainably and responsibly?
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
It is ideal to invest as early so you can take profit and realization during your investment at the very start so for future investments you don't need to get carried away with your decision making, still its good to have this but as always don't just focus on it try to enjoy in life at least your investment will be nothing even you can't have a self-care if you can invest in money try to invest too in your self, this could be bonded, so you will enjoy your profit in your investment with a god health. Saving and investment is good so you can get a good amount of cashflow could be sustainable for your daily needs and wants, there's no proper rule in investment and saving as long as you can see your portfolio gaining a good amount its good enough.
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