Topic: Irresponsible spenders consumes their retirement resources and losses values. (Read 777 times)

There Is nothing wrong with living in the moment, and everyone should do that as long as they can afford to do that. And, the affordability should only be checked after the person has done all the necessary stuff they need to do with their finances and the very first one is securing the future.

A person who has a lot of money in the present should make sure that they and their family have a secure future because they have made investments, started businesses, saved money, and have done everything required to make their children's future secure and so that they don't need to face financial problems when they grow old.

If someone has done all that, then they are free to do whatever they want in the present.

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

I also heard a saying that we should accept that we are not good enough and there are someone who will always be better than us. They might be correct with that and this is what you are trying to imply here. I think the real ones that you want to give to them right now is advice but this might still help them if their current ways aren't.

Irresponsible people like that are everywhere, they live on the now and care nothing about the past or the future, and no matter how many times you try to help them they are never going to listen as they believe themselves to be smarter than you, so let them be and avoid putting yourself on their path of self-destruction, as once their money runs out, instead of changing their ways they try to get someone else to fund the lifestyle they believe they deserve.

Maybe you are wrong to judge the situation that is happening near you, because that is also what often happens we judge someone only from one event and think he is someone like that. Actually it is not wrong when someone wants to enjoy life by buying luxury goods or eating expensive food or a little spree as long as it is not done so on, because sometimes when you buy luxury items that you have been after for a long time can provide better motivation to find income or for those who have retired can feel happier what is important not by debt.

Indeed, having an emergency fund is very important nowadays because we really don't know what will going to happen in the near future, just like when pandemic strikes us, some people aren't prepared because they are all complacent on what they currently have, without preparing theirselves, so in the end, majority runs out their savings and some of their investment has been sold due to emergency needs.

While most of us thinks that there are only addicted gamblers who are reckless spenders, I want to let us know too that there are other reckless spenders who are even Irresponsible to their responsibilities and bringing about devalues to their influential personalities.

I am not sure of my instincts towards this man but with experiences from people of such nature, they are ones who lavishes their money on pleasures and does not have plans for their futures, they ends up regreting after much expenses when they runs out of funds.

If someone can manage their spending and savings of course it will be very easy for them to be able to have investments that they can run well, when someone chooses to save and restrain themselves from spending their money of course this is very stupid because they have taken the trouble they suck at making money and they don't enjoy it themselves.

Preparing for emergency needs is of course very important to be able to meet these needs because we ourselves never know when we will need these needs and if we don't have savings that we can use of course it will be very difficult to meet these needs and avoid bank loans for things that It's not necessary, of course it's very good because if we have a bank loan, of course this will make it very difficult for us to pay it off if we don't have income that we can use to pay it.

There must be balance between your spending and savings. There are people who only used to save money and make there life miserable by not spending on themselves. Life is full of ups and downs, so one must has adequate savings to deal with any emergency like health issues. To avoid going for bank loans or using credit card it's advisable to use your own savings. Those who only enjoy life and have zero savings have a terrible ending.

There must be balance between your spending and savings. There are people who only used to save money and make there life miserable by not spending on themselves. Life is full of ups and downs, so one must has adequate savings to deal with any emergency like health issues. To avoid going for bank loans or using credit card it's advisable to use your own savings. Those who only enjoy life and have zero savings have a terrible ending.

Irresponsible people living a happier life is the part that I feel horrible about. First of every single month, I end up trying to hold back my tears from seeing the amount of debt I have to pay and somehow manage to live, and I am not someone who lives an expensive life, I just had some terrible stuff happened in my life medically, not to me but to my loved ones and I am trying to pay back that debt and I am having so much trouble, I literally spend weeks every year just eating ramen noodles and potatoes back to back, just to make sure I can afford to pay my debts.

Later I see my friends who have absolutely no money at all, going to vacations with credit card debt, and somehow manage to pay it back eventually, and that makes me go mad.

Some people feel that feel that life needs to be enjoyed once you are life, so investment looks like a trash to this kind of persons, there are different set of persons, people with wasteful life and people with cautious spending habit, it is normal for this art of persons to exist, most times people that are not reckless in spending are seen as stingy people no matter what they do they are not regarded as liberal people but their is something that's sure that I know, spending should be minimized by man who really wants to invest for the future, for one to be rich or prosperous in life there should be plan on ground for such modest or materialize, making investment part of you will help you to know that the future exist in the reality, though I didn't say that we shouldn't eat or buy things that we like rather am of the opinion that money should be spent meaningfully.

While most of us thinks that there are only addicted gamblers who are reckless spenders, I want to let us know too that there are other reckless spenders who are even Irresponsible to their responsibilities and bringing about devalues to their influential personalities.

While in a sit out with friends last night, there was this honourable looking man who whose table was served with lot of expressive wines and edibles alongside with his friends too, While he is sitted very close to me, he was bragging and was even louder than the MC with the microphone saying... Life is sweet and we all have just one life so lets enjoy it to the fullest because while we are strong and healthy today, some are dead while some are in hospital.
Meanwhile we that are here do not know about our tomorrow so... Let's catch up the cruise of today because we are not sure of our tomorrow.
So he called in the waiter with more order placed.
As time goes but he was having incoming calls that he refused to answer and at last the call came I noticed he stored the number with My Wife and then he shutdown the phone to have his peace and concentrate on his enjoyment.

I am not sure of my instincts towards this man but with experiences from people of such nature, they are ones who lavishes their money on pleasures and does not have plans for their futures, they ends up regreting after much expenses when they runs out of funds. Then, they feels remorseful to had lavished their money on unnecessary expenditures and feels they had learnt their lessions but when they refills their pockets again they lost their responsible minds.
Meanwhile... They are usually the kind of people that budgets their incomes on unproductive and Irresponsible expenditures rather than spending on their families or even outdoors responsible spendings.

These are usually the set of persons that says... Had I know and once upon a time during their old ages after they must have spent their retirement resource at their youthful ages and end up being disregarded in the family and looses their influential values around the societies.

Everyone with the way they understood life, if they see's life as something one needs to enjoy without making a proper investment then that is the way they viewed their lives. But those with the conscience and conscious of becoming penurious would always go for investment and wise spending. Naturally I don't see any need for someone to go waste money for that are necessary for the to spend that much although, there is nothing wrong when someone spend a dollar or 2 over a bottle of drink or food, but there should be a limits to how men spend on irrelevant things because life we say doesn't end immediately when we finished every money we have worked for.

~snip~

Meanwhile we that are here do not know about our tomorrow so... Let's catch up the cruise of today because we are not sure of our tomorrow.

As time goes but he was having incoming calls that he refused to answer and at last the call came I noticed he stored the number with My Wife and then he shutdown the phone to have his peace and concentrate on his enjoyment.

While most of us thinks that there are only addicted gamblers who are reckless spenders, I want to let us know too that there are other reckless spenders who are even Irresponsible to their responsibilities and bringing about devalues to their influential personalities.

While in a sit out with friends last night, there was this honourable looking man who whose table was served with lot of expressive wines and edibles alongside with his friends too, While he is sitted very close to me, he was bragging and was even louder than the MC with the microphone saying... Life is sweet and we all have just one life so lets enjoy it to the fullest because while we are strong and healthy today, some are dead while some are in hospital.
Meanwhile we that are here do not know about our tomorrow so... Let's catch up the cruise of today because we are not sure of our tomorrow.
So he called in the waiter with more order placed.
As time goes but he was having incoming calls that he refused to answer and at last the call came I noticed he stored the number with My Wife and then he shutdown the phone to have his peace and concentrate on his enjoyment.

I am not sure of my instincts towards this man but with experiences from people of such nature, they are ones who lavishes their money on pleasures and does not have plans for their futures, they ends up regreting after much expenses when they runs out of funds. Then, they feels remorseful to had lavished their money on unnecessary expenditures and feels they had learnt their lessions but when they refills their pockets again they lost their responsible minds.
Meanwhile... They are usually the kind of people that budgets their incomes on unproductive and Irresponsible expenditures rather than spending on their families or even outdoors responsible spendings.

These are usually the set of persons that says... Had I know and once upon a time during their old ages after they must have spent their retirement resource at their youthful ages and end up being disregarded in the family and looses their influential values around the societies.