Topic: Irresponsible spenders consumes their retirement resources and losses values. - page 3. (Read 794 times)

Maybe they are just people who do not realize that they can save enough to do something big in life? Maybe they realized they could do this and have small happy moments and that's the best they could hope for? That's the thing that is lacking these days, people lost hope, any hope that they could live a better life.

They think that no matter what they do, they won't live a better life, and that means with debt the best they can do would be making a life that would have some stories to tell. I am one of those people, not that I spend it on irresponsible ways, but I lost hope, I can take out any debt I want, but I do not see any future where I can live a richer life, that just doesn't make sense to me at all.

If you look at it, there is no shortage of such people in our society.  There are many people who spend uncontrollably and do not care about their families at all.  It is very sad that a person who earns but does not take his family seriously and does not care.  I know other family members of such people are not happy at all.  Because this one person is enough for their mental suffering.  They don't care where they will get the money if there is any big danger in the future.  Where will the money for their treatment come from if they suffer a major accident?  There is no use in understanding them.  Because they usually don't listen to others.

People are different in terms of;

-Perception in life
-Behavior
-Approach towards family relationship
-Priorities and importance in order
-Ideals


This is why on the time that we are seeing that they are opposing on what ideals we do have then it would really be just that normal that we would really be making out such
comment or those kind of words that they are doing the bad thing but eventually we dont know about their background. You cant say that they are spending lavishly, what if they do have the money actually came from their day job and with their other businesses or income source? For sure it would really be just that a piece of cake kind of spending but you do end up on having those
bad impressions just because he had been behaving that way. So it would be better that we should stop on minding on things on which we know that its their
money and its impossible that you wont really be thinking about budgeting or something.

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.

Rarely does a person think about death unless he is old enough or his death has been medically predicted by a doctor. If you find a man like that, then don't disturb his fun. After all, you don't know how productive they were in the past.

I think you're too hasty in jumping into conclusion when you know absolutely nothing about the person. He could have made so much money for himself that needs to spend some of it and what you saw could be 0.00001 of his wealth, so it won't really cost him anything. However, I'm not in support of extravagant lifestyle and I wouldn't take to heart the things he said because shoes have different sizes. Also, he's really dumb for exposing himself in such manner, he just opened up himself for attack.

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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.
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Particularly,having or making poor financial decisions can affect your relationships and standard of living.Irresponsible people fail to manage money effectively resulting them into debts and financial issues.They usually end up disappointed and finds it difficult to cater and cope for thier upkeep.

They fail to adhere to certain advice and instructions that period as they feel they're on top of the world.Normally,not saving enough money can make someone financially irresponsible because money is supposed to be saved and spent always at the right time.Secondly,ignoring investment opportunities can also reflect that someone is financially irresponsible.
No one is promised tomorrow,so its advisable to save now and invest for the future.

If you are a worker or an enterprenuer, you should be happy that such people exist, because many of them are probably your clients. If everyone was only saving money, it would be very hard to do businesses. So in a way their loss is your gain. Many economists even suggest stimulating spending to help the economy grow, out of fear of a deflationary spiral.