Topic: You can't meet all your needs/desires at once, even if you spend all your salary - page 7. (Read 1602 times)

There are a lot of cases of people who are breadwinners and they are working so hard like they have a child to feed and I am just happy but sad at the same time for that kind of person as they need to shoulder their family on his shoulders though he is really a responsible person as he is doing it.
You will need to sacrifice things so that you can provide for yourself and your family. This is really what life is like. We need to just work hard and work smartly so that we can earn more.

The people who are ready to spend all their money from their salary,he will slowly satisfy their desire.Due to the family all the person was committed with the many financial struggles,the unavoidable thing of the person was their parent medical expenses at the early stages.So apart from the family expenses,he can satisfy some of their desire using their salary.But he need to plan in the way to spend both on the family and their needs,spending on one thing will affect for sure.Either his family or his self satisfaction will be affected.

I disagree with you on this one. I know a lot of individuals who are living on their own and whose families are not financially dependent on them yet it is a far stretch to say that they are able to buy everything they want from their work salary alone. Hence, I think it is more proper to day that whatever the household financial situation is, whether an individual is spending their salary all on their self or for their family, if one doesn't budget their income properly and be smart in handling their money then such individual with never have the luxury of buying the things they want as they are busy providing for their needs.

If a person is an employee and has no other family to help, he can buy the things he wants to buy that are covered based on his salary, of course. But if you are the breadwinner in a family, his salary is definitely not enough, and of course he will prioritize the things they need in their daily lives. And it's not easy to budget a salary if you all shoulder all the bills in your family.

You will lose time to prioritize the things you want to buy for yourself because you will prioritize your family, unless your salary is really big for a month. It's like, you make sure to yourself that everything you spend will go to something important.

I agree since human don't ever get contented, they strive for more whenever they reach their goal.  Like when one is planning to buy an expensive mobile phone, once it has been bought, that person will have another plan of buying something.  It never ends.  That is why @OP is correct when he stated that salary is never enough to meet people's desires though I believe salary can meet all the needs of a person.  Anything that is not in the list of basic needs is all luxury and desires, and that is what a person's salary can't meet at once.

Budgeting and planning would really be that crucial and its true that things could really be just that fine if you are really that responsible towards your spending because if you do have that principle on living according into your means that you wont really be putting up yourself into such kind of trouble.People arent really just that contented on what they do have and they do aim for more. Its not really that bad on having those kind of aims or targets in life as long you do work hard for it on achieving and not really just trying out to upgrade your lifestyle already without having that sufficient sustain from your income because it would really be bringing up that kind of disaster which you dont really like to happen because you would soon realize that you are already on deep debt and this is something that must be avoided.

Control your desires and save it for later on the time that you do see that you are already that making sufficient income neither coming from income sources or simply that means
that you could already afford then this is the time that you would be needing to consider.

This is really true because our needs are the things we absolutely must have in order to live, such as food, transportation, and so on, and because the standard of living is rising so quickly, it is becoming increasingly difficult to meet even these fundamental needs.
Dependence on government employment is truly not advisable because most government occupations delay or withhold employees' payments for years in addition to offering unencouraging pay.

Based on the research I have made over the years, agriculture is one occupation that will satisfy your need to a certain level which is higher than what a government salary will satisfy.
Agriculture is very expensive to start and it involves a lot of risk but the return on the investment made is worth it.

At this time most young people who work think of working only to buy the latest branded goods or follow the current association that always prioritizes style to look luxurious, few of them only think about the future to come, they work only to fulfill the current style with branded goods that they have which will give them satisfaction, great they only prioritize lifestyle to be seen by others even though there will be a future to come and must be prepared from now on.

There is nothing wrong with buying branded goods that they want for themselves but they also have to think about the future because they do not live in the present alone there is a period of time.

I do not think that the needs and desires of any human will ever be reached. It's nobodies fault but it is just how we are built as a species. We want because we are driven by our brains demand for the happy hormones which the brain was constructed to want. So we are in a way all plain junkies trying to chase a happiness high. No matter how much money we earn, save, win or spend, we will never have enough. That is why Bill Gates and Elon Musk show up at work everyday instead of lying on a beach with a cocktail in their hand.

On one hand, it makes life interested, on the other hand we are basically consuming for the sake of consuming.

Honestly, I need to read something like this to apply some peace of mind in me, because lately I have set my focus om acquiring more Bitcoin before it's too late and I believe that anything after the next Bitcoin halving is considered too late, until the next bear market again which is years away.

I have a major BTC goal before that time and I can't help but keep doing all I can to get to the certain figure, I am a bit worried that I won't be able to get that exact amount before the halving period runs out.

But reading your topic makes me believe that we really can't meet all our needs in life, because at this rate, even if I try to push myself more, I would probably land into a state where I don't want to be.

I need to have a brighter future, it's a must but at the same time, it is not healthy to push yourself too much because of Bitcoin, it's better to work slowly and have a great life in the future than to push yourself into unnecessary DCA pressure.

It is human nature to want more, bigger, newer and etc. It is human nature to place new goals immediately after past is achieved. As soon as we purchase something or spend money, we immediately think how to combine it with other, how to we would use it with combination with something. And such chain goes on and on. That is why there is never enough when we speak about money. Those who earn hundred, already know where they could spend thousand. Those who earn thousand, knows where they would earn hundred thousands. Millionaires always need billion to fulfill their plans.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

Can't agree more to this. Yes, life will always presen us with desires and needs, and it is something that we can never fulfill no matter what. It is up to us to determine which ones to prioritize. Just as you've pointed out, one of the most common misconceptions people have about Bitcoin is that you need a large sum of money to start investing. In reality, the beauty of Bitcoin lies in its divisibility, allowing one to buy even a single satoshi. You don't need a one whole bitcoin to make profit. You can always buy fractions and start your journey from there. And yeah, it's vital to distinguish between needs and wants. Basic necessities like food, shelter, and healthcare should always come first. Once those are taken care of, investing in assets like Bitcoin can be a wise choice for the future, even if it's a small amount. After setting aside funds for essential needs and future investments in bitcoin, we can then indulge in non-essential wants as much as we want!

There is nothing that can control human desires to fulfill their desires, even the richest people in the world are still trying to add to their list of wealth even though the wealth they have accumulated will not be consumed by seven generations. As long as humans are still breathing, their stomachs will never be full even if they are filled with all the sea water, humans' desires will continue to increase every time they see something new.

Those who are not yet financially stable need to prioritize their needs rather than their desires. The money they earn each month must be managed well so they don't get into debt before the turn of the month. It is necessary to set aside monthly income for savings to avoid economic difficulties. Bitcoin is a safe place to save some money for people who have studied the Bitcoin system.
Saving may not make you rich instantly, but having savings will keep you free from financial problems.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

It is true, the needs of life are basically things that will never be resolved, as long as we are still alive in this world. Because every day we as humans definitely have needs such as having to eat and having to have clothes. So it is certain that the need will continue to exist.
But in my personal opinion, what gnaws at our wallets more than needs is desire. Let's just think about it, if we need it it means we really need it and in general we can say that we have to get it. However, when talking about desires, actually these rights are not mandatory to always be obtained. However, according to my personal observations, quite a few people prioritize their desires over their needs. For example, buying an item or tool that is expensive but not very useful. So in essence, the need will definitely remain, as long as we as humans still have breath. But what we have to be more careful about and we have to be able to control is the matter of desire. Because if we cannot control a desire, it will most likely have a very bad impact on our economy.

Of course, if someone had to wait to invest in bitcoin until their life's needs were met, I don't think such a person would ever invest in bitcoin. Because if you only think about the necessities of life there will be no end. However, when investing in Bitcoin, using unused(cold) money as bitcoin investment capital is a must. Because, the context is different, if you invest in Bitcoin you have to use hot money. Of course this is not recommended. So basically, in this context, invest in bitcoin and don't wait until your needs are completely met. It is my understanding that this context still requires the use of cold capital. And the context of the need in question is a very large need. Because if, for example, our living needs are not prioritized (which are mandatory, such as eating), it could actually have bad consequences. Therefore, the needs I mean here are needs that are actually not that important. It's like buying a car, even though you can still use public transportation.

Yes, that's right, savings money is intended for something when the situation is really urgent. But if, for example, one day there is an urgent situation, it can't be helped, of course we have to spend our savings. And if it runs out, this could happen. Because sometimes we can't predict what urgent situations might occur, and we don't know whether we should spend all our savings on those situations or not.

Isn't it that we do save money for the future? Basically, we shouldn't think that our entire savings currently can solve all the problems regardless of whether it's current or in the future. What matters is, that in case of emergency or urgent needs, we do have backup money that is just waiting to be deployed.

For our savings to be a good financial source in case of urgent needs it needs to grow over time.

Finding a stable work or source of income is the key to having healthy savings. Investing also in insurance might be considered.

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

I certainly agree, we can meet our basic needs but we can't fulfill everything that we need in life in a short period unless we'll grind and work so hard and be successful to achieve everything. Even if we don't spend too much on our wants, there are still needs that we should fulfill. As our salaries increase, our expenses increase as well. It's never-ending, to be honest, but despite everything, we should never disregard the purpose and importance of investing. We should know how to put value on it even if it takes time for us to gain the profit that we want.

It isn't possible to meet the ends meet at once, which is why we humans keep trying our best and even go the wrong way to make money in order to get our desires be met as nobody in today's world wants to wait and just want their wishes to be fulfilled asap. However, a person who can control his needs is the real hero because he knows how to take care of requirements of the family. 
Traders who can serve the purpose of investing at least something in crypto are those who can succeed in the future.