It depends on your capability people are keep having a good time spending their money because they have extra and they keep looking at it as extra money that they can spend a lot of money and unlike other people. see their money as a precious thing so they could have a chance to accumulate as possible for their investment and savings.
But again not all the time it's all about earning, savings and playing safe always treat yourself to get satisfied with your goals achieved.
Topic: Is some certain lifestyle a waste of money and time ? - page 2. (Read 1407 times)
When we make the decision to settle down and start a family, our family should come first. Regardless of how much money we make, we need to stop spending excessively on our wants and instead start making good plans for them. Going out with our friends occasionally is acceptable, but we should be aware of our boundaries and, to the greatest extent possible, discipline ourselves. Spending our money carelessly is the same as wasting all of our hard work and effort. In the end, we'll feel unfulfilled, which we might come to regret. Spending or making unnecessary purchases must be subordinated to saving and investing. Keeping our eyes forward is important; we shouldn't merely aim for momentary bliss.
Yes, that's true, therefore we must be really mature in making the decision to start a new life with a family. Family is the most important thing under any circumstances, the habit of wasting money by buying things that really aren't necessary must be eliminated, starting a frugal life because there will be many responsibilities that we will face after deciding to have a family. Sad to see people running away from their family responsibilities, and this is not uncommon. Sometimes there are also those who choose to run away and leave their wives and children. This is a lesson, and I always remind myself to always get used to a simple and disciplined life, then start saving every month from part of my salary. 
Taking alcohol is not good or bad. Everything should be done in moderation. But your friends seems to be overdoing it and I could guess that their lives - personal, career, family, and relationship lives would be affected terribly. It is not good for them.
Bad or good are based on a person's thoughts so I think that everyone has the ability to differentiate between both of them and everyone understands somewhere in life when he destroys everything so remember that as soon as one understand this thing soon he will get rid of all bad activities.
And yes exactly as a person is involved in those activities which his family does not likes so his family in not just financially effected but is also physically effected by such things. I think those who are financially stable are more likely to engaged in such activities because middle class family don't have any amount to do such activities.
When people are lazy, living their life without goal and want to become rich without doing hard work. Such people always use to search short cut like waste their money on lottery tickets even though there is a chance of winning is one in a million. Yet people are ready to waste money on them. And another thing is, this habit of spend in unnecessary things like having expensive dinner at 5 star restaurant, having unlimited drinks, following trends. Always remember one thing, we don't have to suffer for trends or fashion. Try to save your money for your hard time like medical emergency. Today I realize this trends and fashion never help us in emergency.
actually doing that is okay, but the thing with most of the people are they don't have that sense of limit in spending their money with doing all that stuff, their repulsive will of spending all their money while certainly thinks that they always could make that money again in the future is what makes them more consumtive, most destructive living style i've seen is buying some luxuries stuff like just because of brands, so many so called rich are living this life nowadays but that's okay if they have good source of income that's consistent and also massive, for average people, it's definitely gonna drain them out of their money in no time, that's what truly destrutive and waste of money a lifestyle could be.
Prestige is expensive and must be very consumptive. I don't think the lifestyle has to be all about being fashionable and wearing only brand name things, but that mindset is just about me being disgusted by others who have a good source of income.
It all really depends on the source of income, if that's fine then I think it's fine to have a lavish lifestyle for as long as that's what they need. The problem is that when his lifestyle exceeds the limits of financial means, it has become the worst thing which basically anyone should avoid. A lifestyle of wasting money, I don't think so because it's very subjective for those who have strong financial power.
When we make the decision to settle down and start a family, our family should come first. Regardless of how much money we make, we need to stop spending excessively on our wants and instead start making good plans for them. Going out with our friends occasionally is acceptable, but we should be aware of our boundaries and, to the greatest extent possible, discipline ourselves. Spending our money carelessly is the same as wasting all of our hard work and effort. In the end, we'll feel unfulfilled, which we might come to regret. Spending or making unnecessary purchases must be subordinated to saving and investing. Keeping our eyes forward is important; we shouldn't merely aim for momentary bliss.
actually doing that is okay, but the thing with most of the people are they don't have that sense of limit in spending their money with doing all that stuff, their repulsive will of spending all their money while certainly thinks that they always could make that money again in the future is what makes them more consumtive, most destructive living style i've seen is buying some luxuries stuff like just because of brands, so many so called rich are living this life nowadays but that's okay if they have good source of income that's consistent and also massive, for average people, it's definitely gonna drain them out of their money in no time, that's what truly destrutive and waste of money a lifestyle could be.
Prestige is expensive and must be very consumptive. I don't think the lifestyle has to be all about being fashionable and wearing only brand name things, but that mindset is just about me being disgusted by others who have a good source of income.
It all really depends on the source of income, if that's fine then I think it's fine to have a lavish lifestyle for as long as that's what they need. The problem is that when his lifestyle exceeds the limits of financial means, it has become the worst thing which basically anyone should avoid. A lifestyle of wasting money, I don't think so because it's very subjective for those who have strong financial power.
It's true and more mature. I think in terms of maintaining a balance between social needs and financial obligations. Anyone here, I think, basic needs such as food, clothing, housing and family health are the No. 1 priority scale that must be met and prioritized. For the idea you say of looking for a cheaper alternative it's a good idea to strike a balance between meeting daily needs and enjoying social gatherings.
The needs that you express are very important needs for everyone in their lives so not all of them also need to find cheap alternatives to some of these things. For example in food and health, if we often use cheap alternatives to these two things, I think it will also be very risky for people who do it because food is something that needs to be taken care of.
Likewise with health where it must also be maintained so that it always requires a more appropriate alternative even though it is not cheap enough, although in general cheap alternatives can also help to ease a person's burden in meeting their needs in life, but what needs to be known here is that this is not always the case. can be the right solution when it is aimed at very important things like health and food.
Finding an alternative cheap products which gives the same quality is actually give you more savings. Of course when it comes to food and health you'll need to know that some pricey products are indeed expensive due to it tackles about to our physical health. Like you have a headache and you put some mint oil just to give you a temporary convenience since it's more cheaper right? But it won't fade if you don't use the pills that are recommended base on your concerns. But products that are like accessories could be use for alternative for you to save money if they give the same quality.
It's true and more mature. I think in terms of maintaining a balance between social needs and financial obligations. Anyone here, I think, basic needs such as food, clothing, housing and family health are the No. 1 priority scale that must be met and prioritized. For the idea you say of looking for a cheaper alternative it's a good idea to strike a balance between meeting daily needs and enjoying social gatherings.
The needs that you express are very important needs for everyone in their lives so not all of them also need to find cheap alternatives to some of these things. For example in food and health, if we often use cheap alternatives to these two things, I think it will also be very risky for people who do it because food is something that needs to be taken care of.
Likewise with health where it must also be maintained so that it always requires a more appropriate alternative even though it is not cheap enough, although in general cheap alternatives can also help to ease a person's burden in meeting their needs in life, but what needs to be known here is that this is not always the case. can be the right solution when it is aimed at very important things like health and food.
Everyone has a way to enjoy life. Some people choose to spend their money their way like the OP's story, but I think it's still a long term consideration. Your friend may be focused on instant pleasure and gratification, without thinking about future financial consequences. Such a lifestyle can cause them to quickly spend all their money and eventually face financial problems. And we also need to know that sometimes lifestyle is a waste of time without us realizing it.
Even though we want to live like that, we need to set priorities and use money as we wish, because we have to have a balance between enjoying life and planning our future finances. Spending money recklessly without having savings or a clear financial plan can have a negative impact on long-term financial stability.
Advice to your best friend to adopt a balanced approach to lifestyle and financial management. This includes setting a rational budget, setting aside some income for savings and investments and making future financial plans that can help achieve larger financial goals. If you have succeeded, then just enjoy life now without sacrificing financial stability in the future.
Even though we want to live like that, we need to set priorities and use money as we wish, because we have to have a balance between enjoying life and planning our future finances. Spending money recklessly without having savings or a clear financial plan can have a negative impact on long-term financial stability.
Advice to your best friend to adopt a balanced approach to lifestyle and financial management. This includes setting a rational budget, setting aside some income for savings and investments and making future financial plans that can help achieve larger financial goals. If you have succeeded, then just enjoy life now without sacrificing financial stability in the future.
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time.
The balance between work and leisure is very important, if we have not inherited wealth from our parents, then we will have to work to provide for our family with everything we need. But this does not mean that we need to do work that we do not like, or work too much to the detriment of us.You can find a balance in everything, I don’t want to say that it’s easy to do, I want to say that it’s possible to do it and you need to strive for it. I had to work at different jobs with different bosses, so I have enough experience to draw conclusions. You should not stay at a job that you do not like for a single day, as soon as you realize that you are not comfortable, leaving.
It's better to do a job you like and save less than to get paid a lot but spend the whole day at a terrible job with people you don't like. And when you live in pleasure, then new opportunities will appear for making money.
but of course before you leave, you have something in mind where to go to already or where to work. because leaving prematurely would give you so much headache as you may encounter financial problems. so if you don't have a new job yet, better sacrifice for a bit up until you have good assurance of another job.you may not want to go to work, but just think of financial difficulties you will face if you will leave without alternatives.
as others said prepare for worse like dont think the good side, think the bad side and how to survive so that you are prepared like what you've said if you plan to resign and you've just thinking that your job is worse but you haven't think off what you will do if you you lose your job and what you will spend if you dont have income just like that. Having prepared or thinking carefully whats your next move is best and being prepared is really best.
That is right prioritize first your family and do not go with the flow on the expenses that your friends are doing. It is not practical do waste money on unimportant lifestyle. We need to prioritize first your spending and if you have extra you can set budget for social gatherings. If your friends really wanting to go out with you, try to find much cheaper alternatives with your friends, you can try a potluck dinner instead of going out to eat. It would depend on you on how much are you willing to spend on such gatherings. It is important to set a budget and prioritize first your family's daily needs.
It's true and more mature. I think in terms of maintaining a balance between social needs and financial obligations. Anyone here, I think, basic needs such as food, clothing, housing and family health are the No. 1 priority scale that must be met and prioritized. For the idea you say of looking for a cheaper alternative it's a good idea to strike a balance between meeting daily needs and enjoying social gatherings.
Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
That is right prioritize first your family and do not go with the flow on the expenses that your friends are doing. It is not practical do waste money on unimportant lifestyle. We need to prioritize first your spending and if you have extra you can set budget for social gatherings. If your friends really wanting to go out with you, try to find much cheaper alternatives with your friends, you can try a potluck dinner instead of going out to eat. It would depend on you on how much are you willing to spend on such gatherings. It is important to set a budget and prioritize first your family's daily needs.
Some people just want to enjoy their life and for that they do whatever it takes, uses all their money on vacations , partying and stuff and eventually ends up being broke.
So yes a certain lifestyle do waste your money.
actually doing that is okay, but the thing with most of the people are they don't have that sense of limit in spending their money with doing all that stuff, their repulsive will of spending all their money while certainly thinks that they always could make that money again in the future is what makes them more consumtive, most destructive living style i've seen is buying some luxuries stuff like just because of brands, so many so called rich are living this life nowadays but that's okay if they have good source of income that's consistent and also massive, for average people, it's definitely gonna drain them out of their money in no time, that's what truly destrutive and waste of money a lifestyle could be. So yes a certain lifestyle do waste your money.
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time.
The balance between work and leisure is very important, if we have not inherited wealth from our parents, then we will have to work to provide for our family with everything we need. But this does not mean that we need to do work that we do not like, or work too much to the detriment of us.You can find a balance in everything, I don’t want to say that it’s easy to do, I want to say that it’s possible to do it and you need to strive for it. I had to work at different jobs with different bosses, so I have enough experience to draw conclusions. You should not stay at a job that you do not like for a single day, as soon as you realize that you are not comfortable, leaving.
It's better to do a job you like and save less than to get paid a lot but spend the whole day at a terrible job with people you don't like. And when you live in pleasure, then new opportunities will appear for making money.
but of course before you leave, you have something in mind where to go to already or where to work. because leaving prematurely would give you so much headache as you may encounter financial problems. so if you don't have a new job yet, better sacrifice for a bit up until you have good assurance of another job.you may not want to go to work, but just think of financial difficulties you will face if you will leave without alternatives.
Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
Anything you do in life that is in excess is bad. Ones fun lifestyle shouldn't take more than ¹/10 of your monthly income. If it is more than that then such person is moving to suffering and poverty in is old age. I too drink and have fun but to the minimum. I gamble also to the minimum.
Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
It is clear on your statement that your friends has a high cost of living standards. It is good that you turned down their invitation to go out because it is not practical to spend 1/5 of your income in socialization. Even me i will turn the invitation down, I would rather prioritize my family over them. You can still be friends with them by means of talking and sharing infos. It is important that you know your priorities. I guess with the lifestyle of your friends they are facing debts now because they spend beyond their needs. Soon they will realize that they should live within their budget.
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time.
The balance between work and leisure is very important, if we have not inherited wealth from our parents, then we will have to work to provide for our family with everything we need. But this does not mean that we need to do work that we do not like, or work too much to the detriment of us.You can find a balance in everything, I don’t want to say that it’s easy to do, I want to say that it’s possible to do it and you need to strive for it. I had to work at different jobs with different bosses, so I have enough experience to draw conclusions. You should not stay at a job that you do not like for a single day, as soon as you realize that you are not comfortable, leaving.
It's better to do a job you like and save less than to get paid a lot but spend the whole day at a terrible job with people you don't like. And when you live in pleasure, then new opportunities will appear for making money.
Some people just want to enjoy their life and for that they do whatever it takes, uses all their money on vacations , partying and stuff and eventually ends up being broke.
So yes a certain lifestyle do waste your money.
So yes a certain lifestyle do waste your money.
Unless you are earning a lot of money then you can do that lifestyle or any lifestyle you want , like those people that has already savings, they earn more than spent it so that's they do, they relax and live the life into fullest but like us that are only earning enough so we can only do is save and if we do have some extra we can relax but if we don't then it would be waste of money and time.
Some people just want to enjoy their life and for that they do whatever it takes, uses all their money on vacations , partying and stuff and eventually ends up being broke.
So yes a certain lifestyle do waste your money.
So yes a certain lifestyle do waste your money.
If your friends are just happy go lucky people we can say that they are just wasting money even though it is their money. But it also depends if they belong to a rich family, but if they are in a middle class family or just poor I could say that it's really just a way of time.
So as far as I can see, what you are doing is right, and you are a responsible father in the family, you appreciate those you work hard for and you are also doing the right thing in being a responsible husband to your children.
So as far as I can see, what you are doing is right, and you are a responsible father in the family, you appreciate those you work hard for and you are also doing the right thing in being a responsible husband to your children.
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