Money is something that comes slowly but very fast when spending it so I suggest we think while making expenses in our society today were there is a cashless policy supposing you earn 100% in month and 75% goes to clubbing 25% is left which might not be enough for the household you being a family man is left with nothing but collecting salary every month it's a great to you because if you insist on living such life for a while it will take you a lot of time to do what others of your colleagues are doing this has been a major problem to our youth today they choice exercise fun more than engaging in investment
As long as people don't see the real value of money, no, they will spend it without thinking about how hard it gets. This really happens in real life and people changed their lifestyle gradually when they have money and a high salary, and most of us never think about the future but just today. And there is one reason I've found out that why people spend their money not in a smart way and it is because of so many ads and promotions that could really tempt people, especially when there is a SALE. 
Topic: Is some certain lifestyle a waste of money and time ? - page 5. (Read 1399 times)
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Attempting to impress others with material possessions in order to fit into a certain social category is a frivolous use of resources. People engage in this behavior due to the overwhelming pressure from society to conform to certain trends, this trend-following mentality can be observed in the way high school students in my country use iPhones as a status symbol and mock those who use other brands. This kind of behavior also occurs among adults, where people buy expensive cars and brands simply to feel like they belong which I see as a waste of money.
It can be seen as a waste of money only when the person doesn't really have enough financial source, but instead of investing, they tend to be influenced by societal pressure, where those who are showing off in the society may really have a heavy financial airbag that they are not aware of.
Giving an example of the student's lifestyle, I remember my days in the university, when one of my friend used his school fee to bet, because his friends were gamblers and they always won big at times, so this friend, who has parents that are not too wealthy, instead of understanding the situation that he will sink into if he loses his school fee, instead he went on with it. His friends, whom he followed in their footsteps, are more financially stable than him because these guys always have big wins every week.
With that being said, it is good to always be more calculative and decisive before spending more than your salary. Some people don't think clearly before spending, which lets them blame themselves and can even end up in big debts.
Money is something that comes slowly but very fast when spending it so I suggest we think while making expenses in our society today were there is a cashless policy supposing you earn 100% in month and 75% goes to clubbing 25% is left which might not be enough for the household you being a family man is left with nothing but collecting salary every month it's a great to you because if you insist on living such life for a while it will take you a lot of time to do what others of your colleagues are doing this has been a major problem to our youth today they choice exercise fun more than engaging in investment
A certain lifestyle that wastes money is when people spend extravagantly even when they know they are not really wealthy or earning a really good amount of income that can foot their budget, and they still have money to invest and also save. It's not bad to enjoy life while we are still alive, but overdoing things over time makes a person develop a pitiful habit that can gradually waste his or her financial resources, and over time, people lose that sense of understanding that they are spending unnecessarily all the time. Maybe your friend has some other source of income that you may not be aware of; some people are secretive in terms of telling people everything about the source of their income.
Attempting to impress others with material possessions in order to fit into a certain social category is a frivolous use of resources. People engage in this behavior due to the overwhelming pressure from society to conform to certain trends, this trend-following mentality can be observed in the way high school students in my country use iPhones as a status symbol and mock those who use other brands. This kind of behavior also occurs among adults, where people buy expensive cars and brands simply to feel like they belong which I see as a waste of money.
of course, such a habit is a waste. if they get together and discuss business or business development, then that's normal, but I think you can do it at your friend's house, or somewhere cheap. However, if I were you too, then I would do the same. maybe an occasional get-together with them would be a good thing. however, if it's most days, and spending a lot of money for nothing, or even just getting drunk, I'd probably look elsewhere.
However, success sometimes starts from the association you have. if your friends are businessmen, then you will be compelled to do business that may be bigger than your friends. however, if the environment you say is like that, well you will also end up wasting money in the end.
As long as it’s abusive, then it will always be a waste of money and time. Even if you are making a great conversation with your friends, the fact that you do it almost every day and every day you are spending money on liquors, for me that’s a total waste of money. You could have spend it to your family with worthy things. Just never follow your friends’ habit, otherwise you’ll also get broke months after. However, success sometimes starts from the association you have. if your friends are businessmen, then you will be compelled to do business that may be bigger than your friends. however, if the environment you say is like that, well you will also end up wasting money in the end.
That is definitely yes, because when you spend money on a way you don't have to, that is waste of money, expensive clothes, expensive foods, smoking and drinking, is waste of money and time, it's very hard for a drunker to be come rich, you know the reasons why some rich people turns back to poor or square one is drinking they waste their on drinks.Drinking consume their time, their attention, their health, and the wealth out of them, and they gone back to square one. Some life style we live that waste our monies is paying unused membership, subscription, refinancing your home too often giving too much power to emotional spending drunken, it's will make life narrower, and will make your time wasted and your finances will be drained of,
Smoking is also a waste of money but smoking is slightly less harmful to health than drinking alcohol. Smoking is a thing that has written on its packet about the harm of eating it, that smoking is a cause of death. But it has had such an impact on the youth that now around 22.3% of the world's total population is involved in smoking. It is one of the unnecessary expenses of people Its amount is increasing day by day. Because of this people are getting cancer in old age and huge amount of money is being wasted
Well in this case I would not say that smoking is not worse than alcohol because both are quite dangerous. Even though in this case I am also an active smoker, but indeed things like classifying danger or not and comparison with alcohol are actually the same in terms of danger, neither is better than the two and we don't need to be naive about it.But in this case I don't feel like it belongs in the lifestyle at least for me because it's like a necessity for me right now. Even though it is possible that many people will think I am stupid with this statement, but it is a fact, moreover, I feel comfortable when working and there is a cigarette beside me.
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.
there are times when we think that something like what you describe is an activity that is wasted and there will be a big waste if we don't have a lot of incoming money, but on the other hand we also need to do activities like that with our community or with friends and our family to keep the good relationship going. but we also need to remember that to choose a place does not have to be a luxurious place and does not have to be a classy place. I feel like this activity is not an activity that emphasizes lifestyle.
Yeah sure some certain lifestyle is a totally waste of money, moving from one club to another, over spending on women, that is clearly a waste of money and you will eventually go broke after days and weeks of overspending.
Definitely yes. If you come to spend even above your means, that is clearly a waste of money and you will eventually go broke after days and weeks of overspending. And I believe your friends are actually doing it, it’s like there’s no tomorrow the moment they start drinking. My only advice is set a limit for yourself and never imitate what your friends are doing. Most especially if you have a family to feed, you should not be spending much on drinking but focus on the needs of your family.
What's worse is, when he doesn't limit himself in those friendships, the negative effect is that he will follow their lifestyle and find it difficult to escape from that lifestyle. To be honest, I'm pretty much in the same circle, however, I'm more inclined to choose friends who discuss business or investment than just spending their money on expensive food and aimless drunkenness. it is clearly a wasteful life 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.
Vices really affect your health as well as your money. Whether you are smoking or vaping, you are spending a lot of money. I do have an older coworker. He is telling me that he smokes 2 packs of cigarettes per day, which is $4 per day, for a total of $120 a month. He says that if he quits smoking when he is still young, he will be able to build a house and a car. He also drinks on a weekly basis, but I do drink too, like twice or three times a month, just to chill, but I don't spend a lot on it and treat it as a reward as I've known that I've overcome the stress over the month, but again, if you drink on a daily basis, that is not good.
Smoking is slightly less harmful to health than alchohol ? I disagree. Lung cancer is the No.1 cause of death in my country and most of the cases are caused by smoking or second-hand smoking. Even you don't smoke, your hushand or wife is a heavy smoker, you will get harmed easily every day. My maternal grand parents both died of lung cancer and my grandfather was a heavy smoker. Because of this, my mother and all of my aunts have asthma problem. Smoking is actually a far more serious problem than drinking alchohol. You have to drink alchohol to be an alchoholic but you don't have to smoke to be harmed by smoking. Too sad.
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.
Vices really affect your health as well as your money. Whether you are smoking or vaping, you are spending a lot of money. I do have an older coworker. He is telling me that he smokes 2 packs of cigarettes per day, which is $4 per day, for a total of $120 a month. He says that if he quits smoking when he is still young, he will be able to build a house and a car. He also drinks on a weekly basis, but I do drink too, like twice or three times a month, just to chill, but I don't spend a lot on it and treat it as a reward as I've known that I've overcome the stress over the month, but again, if you drink on a daily basis, that is not good.
If we are at least 30 years old then it's time to think about useful things, lifestyle will certainly make us tired and wasteful, it's better to live simply according to income so we can be comfortable to eat and sleep without having to think and burden lifestyle.
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.
Vices really affect your health as well as your money. Whether you are smoking or vaping, you are spending a lot of money. I do have an older coworker. He is telling me that he smokes 2 packs of cigarettes per day, which is $4 per day, for a total of $120 a month. He says that if he quits smoking when he is still young, he will be able to build a house and a car. He also drinks on a weekly basis, but I do drink too, like twice or three times a month, just to chill, but I don't spend a lot on it and treat it as a reward as I've known that I've overcome the stress over the month, but again, if you drink on a daily basis, that is not good.
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.
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.
There are wasteful lifestyles people get involved in. Nature demand that one does everything moderately. A had a neighbour who had 2 BlackBerry phones about 12 years ago. And the value of both phones were about $120. Almost, among us was a man who had a Nokia product and a washing machine. The neighbour with two phones, a lady, usually makes use of the guy's machine when it's free until a day he denied her because of a statement she made. He advised her to sell off one of her phones and use the proceed to get herself a machine because he was fed up with her attitude towards him, which I thought was a just request. She felt embarrassed but the message was well received.
of course with a high lifestyle it will make life narrower, will make your time wasted and your finances will be drained by a high lifestyle. following the lifestyle will be fatal in terms of financial and social life. people will think negatively with a life that is too much style
I don't think all of them are like that mate, you can't judge and equate all lifestyles that are not good. Because what everyone in this world uses is based on the abilities they each have. Now we take an example of the lifestyle of famous rich people like Elon Musk, Jeff Bezos and also some others, I think they like to wear luxury and expensive things.
But that is based on the abilities they have, so this should not be confused with everyone who basically also wants a luxurious lifestyle, but everyone will definitely adapt himself to the abilities he has. Because it would be ridiculous and crazy if someone was willing to go hungry just because he was forced to follow an excessive lifestyle. So I think everyone will always adjust this for himself and will not be judged negatively by others because we only follow a lifestyle that suits our own needs and abilities.
As I said before in other comments, all my friends are rich enough to afford these costly gatherings so you point of living based on the abilities is not a problem for them. Your example of the super rich people like Elon Musk, they tend to wear luxury and expensive things will be quite normal in real life. But I think you really missed my point here. The thread is not actually about whether you can afford a certain lifestyle but choosing a certain lifestyple is really worth it. Back to my friends' situation, this morning one of them sent me a screenshot of his most recent medical check report, saying that a couple of organs function starts going bad such as high blood pressure due to too much drinking. Now we look at the topic again, although my friends can afford the lifestyle, is it really worth living this way ? Absolutely not, their health is being damaged by too much alchohol. Time wasted on drinking ? Needless to say.
Definitely yes. If you come to spend even above your means, that is clearly a waste of money and you will eventually go broke after days and weeks of overspending. And I believe your friends are actually doing it, it’s like there’s no tomorrow the moment they start drinking. My only advice is set a limit for yourself and never imitate what your friends are doing. Most especially if you have a family to feed, you should not be spending much on drinking but focus on the needs of your family.
People have their own lifestyles, but in my opinion such a lifestyle is very wasteful if you have to spend half of their income just drinking, yes maybe for some people gathering with friends is one of the things that can get rid of boredom in the middle of a busy life but still there are many other alternatives that can be done to get together with friends without having to spend half of their salary just for that. I myself rarely spend money on things like that because spending that much money to have fun is not something that can be normalized.
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