Topic: Money is for the important things - page 5. (Read 1124 times)

Spending habits are what one really needs to manage and work on. I have tried so hard to make sure I don't spend more than I earn and focus on the things I really need, like tuition fees, rent, and other personal expenses I can't live without. Apart from that, I manage my spending to save for a rainy day. 
That's what we call delayed gratification. 
Suspend your today's pleasure for the betterment of tomorrow (the future). You invest your time, money, effort, and things that don't add much more value to your life other than pleasure and channel the energy into what will bring good fortune to your future. 

Money is important for the things that will make more money available that is investment and not just frivolous things that won't generate more money. If we are enjoying the good things that we get from money, we should also try to set some money aside to further reinvest it. Therefore, things like investment in land, property, building and going into manufacturing will further generate more income.

Some people are irrational with money, they spend far more than their daily earning power just because they want to be praised in public and get to be known in the midst of girls as a good spender but back home they are so annoying and frustrating with money. It is better to balance out spending with money, if you have it spend it but if you don't then hold back and be wise to build your money. We need some capital to grow out investment to have financial freedom.

Having money is the avenue to living one's dream lifestyle. Maybe for someone who wishes to get all the material things they want, they need money to afford them; people with dreams to travel around the world need money to archive that; people with the desire to drive the most expensive and best car in the world need money to archive that. But one thing is for sure: "Money makes more money." For instance, if you are the type who is already living an extravagant life while earning little and trying to balance yourself first, you may be thrown off balance because money spent carelessly doesn't come back to you unless you work to earn again.

The richest man in the world today is not just a cryptoguy; he's not only a businessman; he's not only a shareholder; he's not only an inventor; he's not only a stock or real estate investor, but some who has different sources of income. Example is Elon Musk of Tesla; he is the CEO of Tesla, he's a crypto investor (Bitcoin and Dogecoin), and he also owns a high share in the Twitter social media platform and may also have other sources of income.

A person living his dream lifestyle is the person who understands that money makes more money, the person who understands that they need to invest, reinvest, invent if possible, start a business, buy shares, buy stocks, and look for any other thing that could earn them money so they can venture into it. Although am not saying that you can't archive your dreams if you only have one income source, but all depends what your dream is.

Dreams and desires are different, everyone has a desire for where they want to be in the next 10 or 20 years, but ability, zest, hard work, discipline, and commitment will determine where they will truly be when that time comes.

I love this topic 😃, OP; most old members in this forum have archived a lot since their time here because they understand that "money is for the important things." For example, I came across a post in this forum a few weeks ago in which a legendary member mentioned that he is training himself at the university using his signature earnings, stating that education is important and money is for the important things.

But whatever one thinks is important, they can spend their money on it because it's important to them too.

There's a difference between squandering money and trying to live a comfortable life. The fact that I have family doesn't mean I shouldn't enjoy myself with my money. Getting a nice car, clothes doesn't mean I'm spending money on things that are not important. Yea I know I'll take care of family but I also got to take care of myself too, I've got to look after myself too. Planning for the next 10 years is good but also don't forget to live life in the moment for tomorrow is not promised.

The more you improve the quality of life, the greater the costs to be incurred. Never get stuck with prestige that makes you improve lifestyle, Poor financial management will have a negative impact on life in the future.
You must be able to distinguish between what you want and what you need, avoid spending money on things that are not important because it will have a worsening financial situation. It is very important to know the current financial condition as a reference in order to cut expenses or increase income. Need to set aside money to achieve important goals in life, spend according to financial needs and capabilities for the future and a better quality of life.

Money is very very important I don't worry man does not have money it is when you see the loyalty of a man but when man have money you will see the difference in money will see some certain attitude that comes out from a man so money is very important or form everything you are doing today without money you cannot be able to carry out the activities

Getting older does make a lot of people wiser now I'm about 30 years old and already married and have children, before getting married what I thought about when I had money was to spend it immediately for fun there was no thought of saving, let alone investing, after marriage all the money I made was very I appreciate it and it's not easy to spend money.

Our perspective on money shifts as we get older. From the time we were children until college, we believed that money was used to satisfy our desires. We want to be attractive. We want to buy shoes, clothes, and other items that can make us look better. However, once we begin earning money, we also begin to value it and want to spend it only on essential purchases. As we get older, we gain wisdom. Because my child and family come first, I barely have a budget these days. Additionally, I must save for the future.

Nowadays money is very important for the people. without it is like your life is nothing, why Do I say so? because you cant have things you want in life by just dreaming it, yes we have quotation money cant buy happiness but the money will help us to achieve happiness that we desire. I agree that money is for important thing especially for the essential needs to have better living. What we need is to know how to handle all the money that we have, where to spend it, is it beneficial or not. Way back 2021 when I hold huge money I don't know how to handle it. I spent it in casino playing poker games and others vises. But when I lost everything that when I only realized that I should have save it for my future. In addition, at some point in life its okay to spend it on the things we want like bigger car or home specially if its for our safety and it can help our life more easier. Judgement will always be on our surroundings but what important is we know how to spend our own money and where to use it without stepping other people lives.

Anywhere in the world are using money or some sort of payment system unless you are in a remote area or untouched tribe but most of now needs money to continue what they are doing though you can still lived without it but you'll struggle a lot. Ive seen a lot of videos on social media not sure if it is true but most of them lived in forest area like tarzan and they are finding food and not relying on the money but for us that we got used to it then it is impossible to us to survive.

your post is part of the financial advice as well I think. using money only as needed and according to needs is better, if with lots of money and according to desires it is very dangerous in my opinion. better use the money you have as best as possible for the needs of us and our families.

When it comes to dreams these days, we can't achieve them without money. We all know that, but I'm not saying we can't live without money because that's not true either.

    Now, how to have money? There are only two ways, the good and the bad way to have it. Of course, if we are sober and have a normal mind and understanding of what we will do is in a good way. Because for our life to be prosperous we just need to choose a good system and this is one of my beliefs that Bitcoin and cryptocurrency can be an instrument in reaching my dreams in life.

To the contrary, I sometimes think money can be a source of good. Narcissism and greed, in my opinion, have no place in society. Money just magically appears in our bank accounts and purses, and we all spend it responsibly and prudently. It is impossible to manage money poorly and get oneself or others into a jam. A scenario like that is completely impossible.

However, you are totally right in saying that one's relationship with money can either be stressful and a source of problems or a means to one's goals and a comfortable existence. Ultimately, it is up to the person to determine how they will spend their money and how that will affect them and those around them.

Most of the time, people associate money as the root of all evil, but I don't think so. Most common debates amongst the crowd are with this topic which can be refute by saying " that depends on how you handle your money", which is actually TRUE. Ever since the beginning of humanity, we people are gathering resources in order to sustain ourselves, even right now what we still gather are resources, money which can be used to pay for our food and shelter and other needs.

Although we seek greater fortune in order to live our lives more comfortably, it is safe to say that we should still view money as money and use it for what it was intended.

Yes, we need to be grateful for life with what we have. But you have to agree with me, money is everything, when you have the money you get what you want.

For serious illnesses, money won't save you either. But in many cases, when you have a lot of money, there will still be a way to save you, but if you are poor, it will be the end.
When you have money, your children and relatives will have a better life, and when their life is good, they will have good health. And that's how money can buy health and time these days.

it's not that easy sometimes people have planned their finances but suddenly there are emergency expenses or whatever that forces them to use their money.
so any plan can fall apart if there are obstacles.
but if you do it right and according to plan i guess there will be no disturbance if everything is smooth.

you are right, and I totally agree with this opinion. We certainly have to be grateful in every condition we have. especially for the health we have. it's just that, even though money isn't everything, we really need it, especially in the conditions mentioned. imagine if we were in that condition, but we didn't have money. it will get worse.
Because of such conditions, there are many people in good health who are trying to make a lot of money but do not think about their health or the environment. all for the sake of achieving their goals and dreams. however, it is something that is not recommended.
Personally, I feel that money is very important. I also try to make my dreams come true, and now I also have several assets because of the effort I put in. however, I also still pay attention to the things that are important to my life. it's probably a better way to use money. we need to put important things first for the use of money.

First of all, we must provide ourselves and our family with everything necessary for a comfortable life, after that we need to increase our income, while keeping our expenses at the same level, so that you can create some savings.

After that, depending on the comfort of our life, we can start investing, or we can divide our funds proportionally in order to raise our standard of living to a comfortable level and at the same time be able to start investing.

Because saving and investing won't matter much if we're all denying ourselves trying to save on everything. You need to live in pleasure, the path to financial independence should be comfortable, if this is not the case, then something needs to be changed.

For now, a strong financial condition is one of the important things that everyone has. Fluctuating world economic conditions can have an unfavorable impact on us. Yes, for that matter, saving and investing is the first step in how to manage finances well so that we have a sense of security about financial strength. Then as much as possible to avoid debt, because by being in debt, we have to set aside income to allocate it to pay bills every month, so that it will disrupt our balance sheet.

I certainly agree that in terms of managing finances, you must prioritize needs rather than wants. Setting a budget according to priority needs will give us a greater chance of feeling secure in the financial aspect in the future.

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Money of course is a very important thing, almost difficult to find a place that does not need money, especially a lot of life needs that must always be paid routinely such as electricity, clean water, gas, etc., of course, makes everyone think of making money even in my country many officials who is corrupt for fear of poor.