Topic: You can't meet all your needs/desires at once, even if you spend all your salary - page 4. (Read 1602 times)

Lifestyle inflation is a real, real issue, and it's something that many, many people fall victim to. When income remains stagnant, but the desire to "keep up with the Joneses" intensifies, financial chaos ensues. It's a trap, a very dangerous trap. People, people everywhere, are trying to live a life that's beyond their means, and it's not, not good

Let's talk about needs and wants. Needs are essential, wants are... well, they're just wants. And distinguishing between them? It's tough, very tough. But it's crucial, absolutely crucial. The desire to show off, to flaunt, to be seen as "living the life" is strong, very strong. But at what cost? Financial instability? Debt? It's not worth it, not at all

And associations? Surrounding oneself with the wrong crowd, the kind that pushes for extravagance when simplicity would do, is a recipe for disaster. Gratitude, as you rightly said, is the key. Be grateful, be smart, and save, save, save. Your future self will thank you, believe me

Well that's right, of course if their lifestyle remains the same or in the sense that it is not too excessive then surely in terms of needs or expenses will also not increase, but what is usually a problem is when their income is still the same but they follow a lifestyle in accordance with the times, well that is usually a problem, which means that expenses and income are not balanced and obviously they will have difficulty in managing their finances even though they may already have a fixed salary from work. Sometimes it is quite difficult to be able to distinguish between needs and wants, for lifestyle problems that they continue to upgrade to a luxury then obviously it is the desire of your lifestyle to be shown to the public even though there is actually no good enough reciprocity on yourself and maybe only satisfaction that you get.

Yes, I hope that whoever it is if indeed they have an income that can only support their daily needs, it is better not to get carried away with the wrong association because it is clear that it is not uncommon for us to find that those whose lives look like full of luxury by exaggerating and forcing something for that luxury because they are wrong in choosing associations in the surrounding environment. So of course gratitude is the key, if you continue to follow trends according to the times then maybe it will only make it difficult for you, no matter how big your salary is still in terms of desire it will never end, so it's better to be grateful and if you have more income you can set aside to save because it will be useful for your future.
     

If it is still realistic to achieve then use this as a reference in achieving it, instead of looking for other hobbies/desires.
I think $5000 is still very realistic and there is still a lot of work we can do to get there.
The point is that we can use this desire to motivate ourselves even more to achieve it. I think every human being will be motivated by the things they want to achieve.

That is the main reason people work, because there are desires and needs that must be fulfilled.
And the magnitude of desires and needs will influence a person's performance, because logically if someone wants more then they have to work harder, it is like motivation for themselves to be able to fulfill it.
And therefore all of us must have the desire to be motivated to work hard to fulfill it.

Sometimes our needs will not increase if our lifestyle remains the same. But if we follow trends and continue to develop a lifestyle that is more luxurious than before, then demand will automatically increase. And this factor then makes people whose salaries increase but still find it difficult to set aside money. And only after he observed and evaluated himself did he realize that his lifestyle continued to increase along with his salary which also increased. This is what makes any salary not enough to satisfy someone. Except for people who are grateful and remain consistent with a simple life even though they get a salary increase from their company.

But it is very rare to meet people who keep their lives simple and when they get a bigger salary, they are able to save more.

It is human nature that we always want more than what we have now and are never satisfied with what we have now as a form of our ambition to achieve the targets we want to achieve.
Many opinions say that this can be overcome if we can be more grateful with what we have but this is just a defense because in the end as long as we live we will still have a great desire to continue to fulfill the needs of life that we want.
This is also what makes us a greedy person although many do not admit this but the fact is that we are the greediest creatures and it is a fact only that all have their own level of greed and it becomes a condition where it is called "gratitude" but in the end when there is an opportunity that we can maximize to benefit all will still return to greed as its basic nature.

It is true. There will be always new needs, people want more when they can fulfill their current needs. So, human needs will be never fulfilled because it is like unlimited things. All people must never feel satisfied, they will feel greedy to get something new. If we can't control our will, we will always think that we never reach a good condition on our financial status in this life. Our earning will be always less than our spending. But as human, we must have the thought to be wise. We must prioritize the basic needs, don't always think about new needs.

it is not possible for humans to be fulfilled they will keep seeking and finding till when they will die look at the aspect of phones and buildings they are always modernizing and people are always looking for the latest mostly because of nothing than recognition and status, and the only thing I feel even gives us a little satisfaction is food when you eat and you filled and you have to wait till when you start filling hungry again so aside that we humans will always hunger for more. since it is our nature we have to live with it and as we hunger for more we should also improve ourselves.

I bet if it will be impossible to see a salary earner that would even have his/her salary equal or meet his needs/desires as human needs can never be satisfied. When one problem is solved, another one arises. So If at all, you have a salary that meets your needs,  your desires will automatically increase thereby making such a salary no longer enough to service your needs/desires.

Its obvious these days human chase after clothes, cars, party's and so many other luxurious lifestyle  and even do jobs we don't like to do just to meet up the high standard and buy things we don't need because we see a lot of post from influencers/advertiser. Spending habit is something that should be priorities in this life. When I see a lot of  persons working day and night in other to impress, I feel so bad for them. Set aside the good lifestyle every human is suppose to invest and as well save because that is what will save them in the future. Those things are perishable and are only for the moment.

A lot of people are very ignorant when it comes to investing. They will always procrastinate till time flies they wont still invest any. I know a friend who has been saving money weekly to buy the latest iPhone 15. When i told him the amount i invested in Bitcoin in the current price now and the price i speculated it to be in the future he was wowed. Still yet he is not interested all in his mind is to get the iPhone 15. There is no room for excuses as long as gradually invest in Bitcoin even with the low income it will accumulate over time.

I believe when it costs more, you should think not of something else, but of ways and opportunities how to reach what you desire. Thinking about the ways of getting something you want is much more productive than giving up on it and satisfying with something else or less. Of course, this approach requires time and patience, but it is definitely worth it, because in the end you will end up with something you truly wanted, not something you just could afford.

It's all about having the right mindset. What I believe is that if my monthly expenses are $30,000$ then i need to have an income sources that can cover these essential expenses. If my income sources can make 35000$ for me then the remaining 5000$ is the balance i have to spend on something of my hobby or desire. If it cost more than 5000$ to fulfill my hobby then i should be patience or think of something else.

This is a practical case of "problem never ends". You think the need before you is pressing enough only for you to wake up the next day with a much more higher need that surpasses the previous, to some extent, it looks like the need you attended to the previous day met the incoming need on the way and informed it that you are more than fit to combat whatever is presented at you. What I do is to try the best economical approach towards solving the problem and not spending too much as more is coming tomorrow. Everyday births a new challenge.

What I have observed is that as your salary increases so will your desires wants and needs increase. However if you maintain restraint on your desires and contentment with what you have you will discover that all that you need your salary can meet it. My own theory is that if my salary cannot afford what I want to buy then I do not need it.

For example I do not need a new car if my old car is not broken or giving me any problems that requires daily maintenance. The reason you see people go buy new cars when their are old cars still functions perfectly is because they want to meet up with the trend.
Also if that car is faulty and requires constant maintenance and you cannot meet up, if the drive to your office is not a far distance , you can sell your car and get a bicycle. But will you? You see that here it not your salary that's the problem but your desires that is the problem.

I know that such people don't care about their future and that becomes a problem when they move into the future and if they, unfortunately, don't have any job and also no money since they've already spent it all, but there is one thing about them, they enjoy the present very well, they do everything they want to do without any hesitation or thinking twice like us that if we spend this money now, what are we going to do later if we need some money, etc.

I have a cousin who is a "one-day millionaire" as you call it, and he is just like that. He works, earns some money, and spends it all on things that he wanted to do, he buys himself a new smartphone, will drink beers, go out, and do all the shit that makes him have a good time and save nothing at all. I've always wondered what he would do once he gets married because you can barely live a life like that once you have a family unless you earn a hell of a lot of money.

In essence, everyone will continue to look for ways to solve the problems they are facing so that everyone can continue to fulfill their own needs without any interference. We can see from everyone who works that each person definitely has their own priorities in achieving what they want because without trying to achieve something they want, everyone will not get any development or anything in their life. This is based on everything that will not come by itself without effort through hard work.

It's true that everyone's desires will be different, but they also have to be realistic and if someone still says they don't have enough to fulfill their desires if their income is $1 billion per year then that person is really very greedy, in fact I never thought before that there were people like that in this world.
In fact, someone's desire arises or this desire arises, of course, with the financial conditions we have, that is what is called a desire because it is realistic to achieve even though it is difficult, while desires that are quite high are categorized as dreams, things that are impossible to achieve under current conditions That,

The problem is that we can't get everything that we intend to get since we might not have all it takes to get those things.
Everybody is facing there own challenges and there is not way we can focus our mindset on something else easily without looking for way to make sure that we find solution to what is our biggest priority. There are people that have the money and there priority is not to hustle like someone that is looking for job again so everyone has what's bothering them and they are all different. Since we can't meet a our needs we need to work on the ones we can achieve.

You are indeed right, our needs and desire are always not enough and we can’t settle them all, even the richest person I believe they don’t settle all their needs all at once that’s why we just need to settle the ones. The more life goes the more you will run into new needs and new desire, those ones which we really need are the ones we need to settle first and wait for what comes next in the future.

If we try to solve and get all our needs settle all at ones we will never be able to save anything for our self from our salary and at the end of the day we might be getting into debt which we can’t point out what we did with the debt we took why we take salary every month. It’s good you have been able to point this out in details.

I also think like that because from some of the humans I see around me right now it is absolutely certain that what destroyed them was their own greed. Not another characteristic so it can be concluded that greed is the key to destroying all the dreams desired by every living human being, because when a person cannot control his emotions and the income he has earned, that is when he will continue to make mistakes so that whatever he gets is not there will be enough for him.

For sure as a CEO having huge amount of salary would be equivalent to number of workloads and stress he is dealing. It's literally the nature of human to find something or having a goal to achieve to keep continue on living, cause it would be hard to doesn't have a purpose on life, so enjoying and spending your money on things you like is actually good as well. Just know when you can budget your money into your needs and to your desires cause for sure if you focus on one, you will have to sacrifice one of the both.

Well, having a big income would also count on having a big taxes as well, plus you said the inflation rate affecting his salary so anyone would also feel the same to desire something like being financially free. But I think if you're already a millionaire and can't settle for retirement, I guess it's more on greed already.