Topic: You can't meet all your needs/desires at once, even if you spend all your salary - page 8. (Read 1693 times)

Isn't this the classic story of people being carried away by their wants and needs until it's too late? It's absurd how many people, when it comes to money, don't understand how simple it is to live within your means. I have witnessed countless, yes countless, people try to maintain a lifestyle that is beyond of their reach only to fail under the weight of their own bad choices. Don't they get it? Simple math. If you're earning X amount, don't spend Y amount where Y > X. Nothing too complicated there. It's absurd!

There are, of course, smart people who are good at managing their money and making sure they have enough for investments, savings, and an occasional luxury purchase. Congratulations on mastering the basic art of spending less than earning. Give it a round of applause, please.

Wake up, everyone lured by luxury. Being wealthy is a serious matter, and living over your means? A guaranteed path to disaster. Learn from your own kind's mistakes and put the basics into practice. Is it really that hard? 

No matter how rich anyone may appear to be, their needs are still insatiable. That is just the simple nature of Man. While you have mentioned the billionaires of the world, you have forgotten that their problems and the goals that they want to achieve are quite big compared to yours, for instance, Elon Musk would want to own Twitter, also own Facebook and everything that is related to meta. He also wants to control almost all the top companies of the world, but he cannot actually do that because his present resources will not permit him to get everything at the same time. That is the bone of context of the Op. Do not deliberately digress from what he is discussing, but be it as it may, human needs are insatiable. The more money you have, the more money you want.

You can't solve all your problem so it won't be wise trying to solve them as you'll miss the most important things while trying to do so. There are some needs that can be kept for later and when you have enough cash you can go back to the need. We have to learn to manage and that's how to get financial independence because when you sacrifice some less important things, you'll have more spare money to fund your investment in Bitcoin or any other assets that you have your eyes on. Problems are motivation so sometimes keeping them around will motivate you more to hustle so you can get more money and keep yourself comfortable. When you receive your salary, after taking cares of the needs that are very important like Food, shelter and other utility bills, you have to forget about those other things that you think are necessary but they aren't and invest so you can have a comfortable future because when you don't Invest and use that money now you have killed the possibility of that money been invested to generate more income.


The best way to live is to always have a budget for your money before you receive them so when it comes you don't spend them on things that won't add value to your life. You can always keep some spare cash for leisure but they shouldn't be the priority. When you plan yourself, it doesn't matter how little your salary is but it'll look like you're receiving big salary because of your coordination. You should always saved and those savings should be for investment purposes mainly because investment is one of the ways you can generate money to take care of those needs you feel needed taking care of. Investment has been made easier with Bitcoin and you can invest through DCA without having to brank your bank to do so.

If you are contented of what you have it doesn't matter of what others will think of you. Focus on your goal and try to building something for yourself that's not only to impress other people cause they literally don't care about your life.

The problem is that we will always admire more things even when we have enough in our reserves. This is one of the reasons why the rich are always wanting more not minding if others considered them as over sufficiently wealthy. Everyone wants to make more money even when they have enough to spend and eat. The problem comes as a result of the rich don't want to come down and they are ready to do anything to have more money. Money is the root of all evil even at that, money still answers all things that is why people can do anything for money.

Proper income management
Proper savings
Proper emergency funds
Proper investment
Proper multiple income source
Proper spending

Eveyrthing that correlates with these things are really to those people who do able to strive and sustain out their day to day living.Spending is common but of course
you should really know your limit and you should really know on when to stop specially if you do hit up almost that limit line. There are really times which
it is really that hard to resist or having no choice on spending on something specially if you are on a tough situation or condition which leaves you no choice
but to spend more. As long you do make yourself that responsible then it would really be always  that wise that everything should really be in moderation.

Like you rightly said, human wants are insatiable the higher your income the higher your financial burden. But with the right knowledge of financial management and growth, one can avoid running into bankruptcy and lack. The one thing to have wants and another thing to put unnecessary wants under subjection.

There will always be less no matter the situation. It's all about being satisfied with what we have and being grateful. Even the richest people aren't happy. We may think we have nothing by looking at those who are superior then us. He has all the things I want, so why can't I have it. But if we, even for once, tried to look the other way, we'll be shocked how poor are living these days. They can't live nor they can't die. This world is a living hell for them. At least we have a shelter around our head and three meal a day.

For me, I too have desires, I too want many things. But then I try to remember where I came from, what my parents did for me, how well my family is doing. It somehow surpasses/stops my these desires.

I think taking small steps are crucial. Every penny I spend I try to save the most of it, not wasting it on garbage things. It ensures that, I can spend it for my other needs. You can say it's a kind of saving.

Ensuring that you live the everyday that fits how much you are getting from your annual income, as well as making sure that also means being able to save up, is a must in toady's time. No one should expect to achieve financial stability while living the lifestyle that doesn't financially fit them. I know and have seen a lot of people who had to deal with the consequences such action and decision brings, they soon realized how big of a loss they are doing and how it is affecting their future negatively. On contrast, I also know a lot of people who was able to establish a good financial life by doing the complete opposite, they made sure that they are only buying what they need, ensuring that they are able to make investments and save up some money as well. They still of course enjoy luxury goods sometimes, but too much to the point that they need to touch their savings for it. I think we all need to learn to do that, no matter how tempting it is to live a luxurious flashy life.

I think everyone needs to choose between a lifestyle that meets their daily needs and one that continues to be used in the long term and this applies to everyone. Be it rich people or poor people, because when someone always prioritizes their lifestyle every year by continuing to follow updates on expensive goods that can give them a luxurious lifestyle. One day that person will also be poor if he doesn't care about his income because he feels he is rich and won't fall into poverty again, whereas a poor person would be very silly if he followed this, especially if the poor person doesn't have any savings.

If you see a person who has a lot of money, but he also spends more of that money, that means he doesn't have a mindset for saving except just a mindset to keep spending until there's nothing left. And usually such a person will not easily become rich or gain long-term comfort in his life because when he has no money, he will always face difficulties himself. So I also quite agree with your suggestion on the point of saving not only for our living needs, but also for other things.

Needs are the things that are a must. You cannot live effectively without it. In contrast, wants are just like your cravings or the things you can wishlist. It can improve your life somehow but you don't necessarily need it to live. Or in short, you can live without it. You can live without a branded clothes on, you can live without the newly released Iphone 15.

The only key in here is to make your wants be the subject for your needs. In this case, you're taking out two birds in one stone. Or at leas if you are buying something for your want, make it as an investment or an item that appreciates its value overtime.

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.
The more money you have, the more you spend. That is why having the mindset of saving first before spending is best mostly if your income is big so that it is sure that youll be saving some money and not only in wants.

Human wants and not needs are insatiable. We cannot be totally satisfied as there is always something new we humans would like to acquire.
I agree with you that we can’t meet all our needs even if we spend all our salaries and wages. Personally, I think the more we earn, the more responsibilities we tend to undertake financially and it would seem the money just can’t be enough to meet all our needs.

It would be extremely financially draining if we try to meet all our needs at once hence the need to prioritize our needs in order of importance. That way and with a careful thought out budget, we could overtime satisfy a bunch of our needs.
Emergencies and problems that would require funds to solve tend to pop up every now and then. We can’t ignore that fact and use all funds to solve all our needs at once. Needs that are ever changing and steadily increasing.

And this is why it would really be always ideal that you should really be sticking on something that realistic and really sticking out on the goals which you are bound to achieve or really that thriving to make it happen.

Yes, when it comes to needs then there would really be primary until to tertiary on which same on the condition or situation had mentioned then you would definitely be trying out to prioritize those primary ones
because you cant really be able to survive knowing that these primary considered to be on the area of food,shelter,clothing,insurances etc.. which we know that it would really be that so crucial in speaking about on making a living and surviving on this world. Next would be that secondary which we know mostly it would be playing out on wants and as mentioned that everyone could live without this but we know that its part of human behavior or instinct on trying out to purchase on things that they do really want.It wont really be that a problem if you are really that a rich person and its true that we do have different status in life
when it comes to finances and this is why that financial capability would really vary.

Live according into your means and dont tend to achieve things which you do know that you cant really be able to do so, but its not really that bad to have those kind of
aims as long you would really be sticking on being responsible and wary about things around then you should really be just that fine.

That is understandable, but like always some sort of balance must be reached, since there are many people out there that want to give their children everything they did not have but they end up spoiling their children instead, and this is bad as no matter what you do they will not feel gratitude for what you are doing for them and they may simply think that is expected out of you, and this is a dangerous attitude to have as the world is not going to be anywhere near as accommodating to their desires as you are.

A lot of people despite wanting to make investments or save money can't do it, not because they want to spend everything they earn but because they need to mainly because of their families. You might make yourself understand that you can't fulfill all the needs at once or certain things can be postponed but your spouse or children might not understand that and if you tell them you don't have money when you actually have, that can become an even bigger problem.

So, you have to give up and do whatever they want instead of buying Bitcoin or making investments which you actually wish to do. I'm not saying all that hypothetically but I'm experiencing it and I know that is becomes extremely difficult to save some money that I can use for buying Bitcoin or cryptocurrencies.

Our wants never end and if we all always key into these needs then it now becomes a problem because for you to save and build something for the future of yourself will be a problem. More money comes with more problem and that's just tge essence of life and if we continue to try and cancel all we will find out that actually saving money will be a problem.

No, TheSpiral, it's even easy to wish for something that you can't even have. For example, I wish to just be suspended in the air; I wish to walk on top of a sea; I wish to fly. You can wish for many things, both possible and impossible. But when you talk about needs, it's something that you definitely need to attend to, except for the fact that you have to identify the kind of need it is, whether it's a primary, secondary, or tertiary need. If it's a primary need, it means it's something that requires immediate attention, but if it's a tertiary need, that means it's something that you can do without. You can't do without primary needs, but you can do without tertiary needs. Unless you are just a man on your own (man alone), then you can have minimal needs, but if you have people who are also partially, directly, or indirectly depending on you, you will have more needs to satisfy. Even though your needs are not arising, there are. Kindly note that everyone is not the same and not from the same country or faced with the same economic conditions. Rich people have the capability to attend to all their needs, from primary to tertiary but some middle class can not.

Here's the thing, the money you waste every day on things that could help a man run his family for a whole week. The things about needs are different from person to person. Your life may seem not enough for you but to someone, your life is perfect to them. They crave that life. But when they reach that life, they will face the same thing you are facing right now, and that life will become not enough for that person. The more we get the more we want. For this reason, we need to learn how to be happy with what we have and be grateful for having it.

Life is complicated at every step. The more you move forward the more difficult it becomes. So the best way to deal with is to go step by step. If you pile up everything to deal with them later, you will be left with a mountain of problems that you will be unable to solve. Try to fix what needs to be fixed at that moment. Don't take any action if you don't have to. Make life simple.

Humans generally have endless needs and feel the urge to get one more so even if you spend all your salary, you cannot fulfill all your needs and desires at once. Life is a struggle to survive people's lives are spent thinking about this and that people have to go to the with some lack or dissatisfaction. Although human needs are infinite not all needs or lacks are the same as people in our society are different people have different needs or needs so it is better to make savings or investment funds to meet the needs of different people. There will be demand but in the meantime building wealth through a savings plan is much less risky and will secure your future and help you build wealth basically, the more money you have the more ways you can use it.