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It’s the best financial advice, covid is the marketing keyword to remind you, if you don’t spend every last penny in the wallet, you can never have a chance to spend that again. Spend until you drop you plebs!

that's the worse advice you could get from someone. you wouldn't do that if you still have plans to live because once you don't have funds after covid, you will not live long because we don't even know if covid will end soon. whether covid is true or not like what conspiracy theorists claim, it's here already.

what is needed now is to earn more and invest in BTC because it could be the only that will save you. you don't even have to die yet.

I live in a country where covid-19 only have a moderate impacts. We only suffered less than 50 death and therefore, I do not think the advice is suitable for whoever live here. Instead of spending, people'd rather investing their money in multiple sources of investment such as real estates, stocks, cryptocurrencies, bonds and gold.

Spending is good, but I think it will be even better if we spend in the wisest way

This is just so bad that you absolutely must be trolling lol. Everyone needs to just find the perfect balance between saving money to be able to have financial security and invest in other stuff(may it be other assets or a business), and living your life to the fullest.

Such a poor mindset, if you spend every penny today like you are going to die tomorrow then you will only spiral into poverty because you didn't save some money for tomorrow. If you are smart and you are careful, you have a lower chance to get infected by the virus.

Life is not permanent but we can do both things now invest and take care of yourself and your family. This challenging times we cannot ignore the worst case but we have to think positive, life must go on and enjoy the things that we do without spending much.

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>that's the worse advice you could get from someone. you wouldn't do that if you still have plans to live
it is always the doom that will push people to spend money. It never failed, covid strike, all of you saver can’t save nothing, you try to save your money, your money would be worthless, you have to spend it, whatever it need to survive this apocalypse.

>because once you don't have funds after covid, you will not live long because we don't even know if covid will end soon.
your fund couldn’t buy you a life once covid defeat you, covid wouldn’t end not as short as just Asian financial crisis in 90s, or not as short as 2008 subprime crisis, the, flu has strikes thrice, it take many lives, it would take more, spend the money to protect!

>whether covid is true or not like what conspiracy theorists claim, it's here already.
it is already here for more than one full year, can’t you see that?

>what is needed now is to earn more and invest in BTC because it could be the only that will save you. you don't even have to die yet.
...what’s the point? It clearly won’t save you from death.

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>I live in a country where covid-19 only have a moderate impacts. We only suffered less than 50 death and therefore, I do not think the advice is suitable for whoever live here.
covid infect millions of people, it’s just a matter of time the time bomb implode and take all lives

>Instead of spending, people'd rather investing their money in multiple sources of investment such as real estates, stocks, cryptocurrencies, bonds and gold.
Spending is good, but I think it will be even better if we spend in the wisest way
all of them can’t save you from death, they are just cope hard.

>This is just so bad that you absolutely must be trolling lol. Everyone needs to just find the perfect balance between saving money to be able to have financial security and invest in other stuff(may it be other assets or a business), and living your life to the fullest.
covid is not a joke, many crackhead can’t tell apart what’s going on. They constantly living in disbelief. You can’t never spend that money again because you would survive covid strike.


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>Such a poor mindset, if you spend every penny today like you are going to die tomorrow then you will only spiral into poverty
money spend can be earn again, your life is once, nope you won’t die, no body has to die after spending all money. That’s covid would kill you first.

>because you didn't save some money for tomorrow. If you are smart and you are careful, you have a lower chance to get infected by the virus.
millions are infected, you must be joking, unless you are not living on planet earth, you have the same odds of getting infected, like anybody else.

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>Life is not permanent but we can do both things now invest and take care of yourself and your family.
spend those money, it’s the critical moment to not save money, we have already save for the entire life, but this is not the time to save more, lives matter more.

>This challenging times we cannot ignore the worst case but we have to think positive, life must go on and enjoy the things that we do without spending much.
you don’t get it, this is the very moment, no you won’t save more money it won’t protect you from death, covid come and your life is wasted, you can’t spend those money afterlife.

Not a wise idea. While am not a big fan of savings, but to spend every last penny because you are assuming you will die soon is such a bad approach towards life lmfao. Spend money to enjoy life, but keep enough so that incase you survive, you don't have to ask anyone else :D I would prefer saving like 1-2 years of your income in advance and don't touch it unless you lose your job or sources of income and then you can use it as you try to find a new income source ;) it will help to sustain the constant flow of life with same lifestyle without feeling lost!

I agree with others that this is not a good idea, and also borders on trolling, as mk4 points out.

Another thing he doesn't take into account, in addition to what has been said, is that if you die with money saved you can leave it in inheritance to your children (or your wife or someone else).

I imagine that the OP doesn't have children (and probably writes from his mum's basement) and that's why he doesn't take it into account, but there are times when you have to think beyond yourself, and thinking about building wealth, by spending moderately and saving/investing is one, especially to leave a legacy to someone you love when you die.

Nah even if I couldn't spend it after I die at least my family could,
I don't know if your serious about it but maybe if I don't have a family or I am selfish I would also have that kind of mindset.
You could enjoy and treat yourself but know your limits and prioritize your needs.

That's a really good mindset spend everything in a day and don't leave something for tomorrow because you are scared that you might die the next day. Imagine if everyone has this kind of thinking, we probably have a lot of people not being well to do in terms of finance because they are scared that tomorrow might not arrive. My advice is to embrace your mortality OP, everyone is going to die someday and if it is your time, don't worry about it, our love for life should be stronger than our fear of death.

Another phrase what I read about this recently is,
"You will become the richest man in the cemetery", something like that. Which is clearly talking that spending money while you are still alive.
For me, it's nothing bad at all spending your money while your still alive, what the best is, spending it WISELY and using it good things.

You mean spending everything as if there's no tomorrow, I don't know where do you get that idea and who advice you to do that, but I'm not following it, we never know what's going to happen and we need to save our money for things that will happen that we are not prepare.

The one that you are giving us is on hopelessness and thinking that there will be no tomorrow, you should change your attitude before it's to late , you should save you have a family to take care,if you are alone you should still save for yourself.

But what if you do able to live and already spend out till the last drop of money you do have? For sure you would even fuck off yourself even more and which might really result into suicide due to financial loss or being wreck totally.Its true that we cant really bring our fortune after we die but at least we do left something which would our family or loved ones would benefit out and that should be enough for me.
No one knows on when a person dies or on which way he would pass out neither on a pandemic/covid thing or simply by an accident or just by sleeping who really knows?
Spend and enjoy life while you do save up money which i do fully agree because not all would really be that mindful on that part.

You are not just another animal; you are a human being. The difference between a human being and the rest of the animals is that a human being knows how to look forward to the future. Animals are just living the moment.

Sometimes, it is cool to just say live your life as if today is your last, but know that you will still have tomorrow and days, months, years ahead of you.

If a pleb spends all his/her money now, he/she might not be able to eat tomorrow, his/her children will not finish school, his/her family will never experience a decent house, and so forth.

That's great advice if you're single and don't ever plan on having a family--and if you don't plan on leaving anything to any heirs or charity.  In other words, it's pretty selfish advice that only someone in his 20s (or younger) would give.

Look at Warren Buffett.  He's amassed billions of dollars and yet by all accounts lives fairly frugally.  He's not even going to leave his fortune all to his children; he's going to give it to good causes when he croaks.  Bill Gates (although he doesn't live nearly as frugally) has similar plans. 

And aside from all of that, if you spend like there's no tomorrow you'll be fucked if you suddenly find yourself without a job or any other source of income.  It's happened to a lot of folks who were otherwise wealthy, including sports stars and musicians.  Anyone remember MC Hammer and Mike Tyson?  So there you go.  Save your money, live within your means and plan for a rainy day.

Spend on what? Useless crap like cellphones? TV's? Nah. I would spend the money on toilet paper, land and real estate however. And maybe some agricultural land. I heard that Bill Gates has been buying a lot of it lately. It is probably a good idea to have your own farm land too so you can raise your own livestock instead of eating Bill's genetically modified crap.

I don't have so much left anyways, i am mainly buying cryptos for my kids. If you live without planning for future, you won't have future and you'll end up on living from hand to mouth. I've been doing that too when i was young. It was liberating and fun, but really short sighted and i can't really recommend it. Save enough money to keep you safe but remember to enjoy too.

I think the keyword here is to spend it wisely, you cannot throw your money simply on anything, you should spend it at least on things that can help you or your family. Of course, you can give your money to your family as inheritance too. So I guess this is not the best financial advise, if you or someone has a lot of money, you should invest it, let's say to crypto and then look in the future for your family and kids.

Exactly, this is the one of the worst financial advise you can hear from someone in this community, lol.

"Spend until you drop"? - Not unless you will be dead in the next 24 hours, but then again if you are in the right frame of mind, you will have to think of your children and your wife. So what better ways to do with your money? Give it to them, tell them to spend wisely, simply as that. The OP sounds like a self-indulging person.

They regard it as bad habit when you can not save. Human beings are not to be compared with animals and saving is one big differentiating factor from man go animals. Animals don't usually have the intention to save and in terms of food, they only let go when they are satisfied at the moment and not that they left the food to come meet it the next time.

Therefore saving is part of human culture and someone who doesn't save is not considered as living a good life.

If you don't save and you have issues with finance or health issues, how do you or people get help for you. If every member of the family don't save then how do help come to safe lives. Moreover, if you die, you need to bequeet certain belongings to people you left behind. It is not a good habit to squander all you have, saving is good.

Lol, what? That's the worst "financial advice" someone can give. You have to be really stupid to follow a saying like this. You never know when you are going to die. What if you spend your "every last penny in the wallet", and then you are still alive. What you going to do then? Suffer for the rest of your life? Or how about spending what you need and saving the rest while not worrying about death? I would prefer the latter. In fact everyone would.

That is what governments will like for people to do, if you are saving money then that is money that is not going to the economy to pay for products that are out there and for them that is bad for the economy.

This is why they like people to get in debts that they cannot pay and this would be great if we were robots, but we are humans and we need to have some money saved in the case something goes wrong, like a global pandemic, and as such this does not makes sense at all.

This is the most absurd advice I have read today. Spending nonchalantly, thinking that there’s no tomorrow waiting for you isn’t a nice financial advice. It will bring a huge trouble for you.

I get it that time is short and we need to savor the things that we worked hard for. However, we must also take into consideration the future, even though we aren’t so sure if it will still occur tomorrow. Who knows, right?

When the time that you have already spent the very last penny on your wallet or bank account, you’ll realize that you messed up big time. We can still enjoy the things that we strived to earn during this time (present) while being disciplined enough to value what tomorrow holds for us.

Time is too short to be dumb. Be knowledgeable enough so that you won’t be suffering from poverty on the next few days.

The only pleb here is you. No wonder most of the world is in debt... because there are many people like you that are living in the moment and they never plan for the day of tomorrow. If I followed your advice, I would not have been debt free now and able to enjoy my life more... now that I have some money to enjoy it.

Yes, you cannot use your money when you are dead, but you will die without it. (Just look at the state of many African countries, where their economy collapsed, due to poor financial planning.  >:(

This has got to be the most idiotic advice that I have ever seen in my entire stay in this forum. I wonder how high you are to actually be able to come up with such an advice. Of course, having fun is important in a life full of work and stress but not to the point where you spend all you have as if you are about to die tomorrow. What happens to you or the people who rely on you(if there are any) if you spend like crazy just because of that reasoning? Common sense must be scarce nowadays.

It ridiculous to the point of making me think it's being posted ironically, but the number of stupid posts on these boards is too numerous I can't actually tell if it's an ironic post or just a stupid post.

f you spend it all now, the one's you'll leave out will have nothing to spend for the rest pf their days. Yes money is superficial and is something that you can get back through time, but you have to remember that almost everything in this world runs with money. If you don't spend your greenbacks wisely, you'll end up leaving your loved ones in sheer poverty, plus you'd leave an unhealthy financial mindset that wouldn't help them rise above the murk you put them in in the first place. So spend, but be mindful, spend but be responsible, spend, but be prudent.

Even when Im going to die, it is never the best to spend all of my money. My relatives such as my parents, my children and wife do need my money to continue their living. It could be a contemporay compensate for them

Nevertheless, I against spending money without thinking. Having a decent amount for saving or investing is necessary. Try to become balance and avoid wasting money. Think of people who are begar on the street and people who are in debt. We are born with a better condition so we have to use our money wisely either to prevent from failing in the same situation or to help them get out of the slump

Life does not turn around you and your pocket.  

Dont be too offensive. Lets other people share their thoughts

Is it really necessary to spend rather than saving? I think OP have never been in a situation struggling just to earn some money instead of wasting it to nonsense things. Spending of course won't be avoided but also see to it that you are spending your money wisely. Invest your money instead. Invest in bitcoin and you'll gonna thank me after that.

It's not a good mindset at all, specially for the future of our species as a whole, imagine everyone acting as if today's their last day, everyone would live an extremely selfish life, everyone would enjoy every money they have right in the present, leaving no money, system or resources for the future generations, neither would we have great visions that can shape the future world. Had our ancestors been so selfish, we would still have no cars and planes today!

Please learn what do financially secured means before giving out this bad advice, what if you got sick after you spent all your cash and you don't have a penny to take yourself down to the hospital? What if your kids or family needs money for whatever reasons? I'm guessing you aren't married, sorry to say but you sound like someone who isn't responsible, If this is who you really are you need to change before it's too late

Right, and leave nothing for your kids or other relatives?

Maybe you're right that there's no certainty in the future right now (there never has been, actually) but does that actually mean that you need to spend everything to the last penny? Apart from what everyone said, that there actually may be tomorrow and you'll be cashless in such case, there's another thing, that concerns me. Do you actually think that spending all the money you have will make you happy? Or why else do that, simply out of greed, so that there won't be anything laying around in the end?

My personal view is that you should only spend money on the things you actually need and want, and not simply spend to..well to spend. If you want a fancy car - fine, go buy one, but only if you that's what you want, not simply because you can or for the show-off.

Also, I think there's much more important stuff to think of when it comes to these situations. For instance, forgive an old friend for the things they've done, stop lying to yourself and accept your mistakes, put right the wrongs, make the things you've always wanted to do but somehow always postponed, etc.

There's a very good movie that's called The Bucket List (https://www.imdb.com/title/tt0825232/), makes you rethink a lot of values and realize how meaningless it is to attach importance to something material.

If you get infected with covid doesn't mean you are going to die. That's the point you are missing and even if you are correct that you can't soend your crypto if you are dead but some are teaching his/her family member and will be given to the details of the wallet if the owner died unexpected. If you still wanted to live then you won't die and you can still spent your crypto so your adice is not good also coming from someone like you.

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>Not a wise idea. While am not a big fan of savings, but to spend every last penny because you are assuming you will die soon is such a bad approach towards life lmfao.
you can’t bring those chest of treasure with you, when you died you bring nothing, nothing.

Spend money to enjoy life, but keep enough so that incase you survive, you don't have to ask anyone else
 I would prefer saving like 1-2 years of your income in advance and don't touch it unless you lose your job or sources of income and then you can use it as you try to find a new income source
 it will help to sustain the constant flow of life with same lifestyle without feeling lost!
same lifestyle under pandemic? I think you’re delusional, nothing is the same today unless you’re too blind to see that

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>I agree with others that this is not a good idea, and also borders on trolling, as mk4 points out.
Another thing he doesn't take into account, in addition to what has been said, is that if you die with money saved you can leave it in inheritance to your children (or your wife or someone else).
the amount of trolls replies has all over the thread, it’s not one of them, it’s the wise advice, think out of the box! Leave it in inheritance? You don’t get it, a new currency is created in less than 10 years, leave it in inheritance after more than 100 years because your lifespan is much higher, you’re talking about queen Elizabeth leave the inheritance to the heir which she will outlive even her own grand child, that’s bs.

>I imagine that the OP doesn't have children (and probably writes from his mum's basement) and that's why he doesn't take it into account, but there are times when you have to think beyond yourself, and thinking about building wealth, by spending moderately and saving/investing is one, especially to leave a legacy to someone you love when you die.
yeah your kid gonna inherit your worthless money after they wait for you to die for so long, it would take them at least another 40-50 years just to rip the benefit of your worthlessness

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>Nah even if I couldn't spend it after I die at least my family could,
I don't know if your serious about it but maybe if I don't have a family or I am selfish I would also have that kind of mindset.
You could enjoy and treat yourself but know your limits and prioritize your needs.
You just said selfish? I’m sure your confuse with what is selfish, spending money is not selfish tbh.

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>That's a really good mindset spend everything in a day and don't leave something for tomorrow because you are scared that you might die the next day.
mortal being would die, of any possible moment, covid is just one of the cause, gun abuse is another instance, there is even more, tomorrow would always be the last moment

>Imagine if everyone has this kind of thinking, we probably have a lot of people not being well to do in terms of finance because they are scared that tomorrow might not arrive.
that’s bs, everybody come to this world with nothing, you don’t descend to the earth with everything, you go to a new land with nothing, even you go to another planet, you would start with nothing, you won’t be possible to bring everything to a new planet, yet you would still survive in a new planet with nothing.

>My advice is to embrace your mortality OP, everyone is going to die someday and if it is your time, don't worry about it, our love for life should be stronger than our fear of death.
Your advice is shabby imo

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>Another phrase what I read about this recently is,
"You will become the richest man in the cemetery", something like that. Which is clearly talking that spending money while you are still alive.
keep all those treasure within your reach even on the death? That’s so much bs

>For me, it's nothing bad at all spending your money while your still alive, what the best is, spending it WISELY and using it good things.
saving not wise, spending to save is horrible, you just spend everything there is no point to save on spending

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>You mean spending everything as if there's no tomorrow, I don't know where do you get that idea and who advice you to do that, but I'm not following it,
anyway your going to save everything, isn’t it very obvious you are not going to spend anything at all but covid would defeat you? It’s all written on your face.

>we never know what's going to happen and we need to save our money for things that will happen that we are not prepare.
yeah your face has everything written, all you would do is SAVE SAVE SAVE...

>The one that you are giving us is on hopelessness and thinking that there will be no tomorrow, you should change your attitude before it's to late , you should save you have a family to take care,if you are alone you should still save for yourself.
SAVE SAVE SAVE!!! SAVE! SAVE!

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>But what if you do able to live and already spend out till the last drop of money you do have? For sure you would even fuck off yourself even more and which might really result into suicide due to financial loss or being wreck totally.
having no money is not the cause of death FYI, you are more likely to died of covid, never have anyone died of having no money, you’re talking about some gambler who was killed because the repoman wouldn’t spare them a life.


>Its true that we cant really bring our fortune after we die but at least we do left something which would our family or loved ones would benefit out and that should be enough for me.
yeah, I know your inheritance shit would take 40-50 years just to settle, by the time you already died of covid, nice try!

>No one knows on when a person dies or on which way he would pass out neither on a pandemic/covid thing or simply by an accident or just by sleeping who really knows?
Spend and enjoy life while you do save up money which i do fully agree because not all would really be that mindful on that part.
do not SAVE, spend them all, you can’t bring nothing isn’t it very clear? All the bs about saving is baseless.

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>You are not just another animal; you are a human being. The difference between a human being and the rest of the animals is that a human being knows how to look forward to the future. Animals are just living the moment.
blah blah blah, I know you have a lot of bs, so human is not animal, animal kingdom must exclude human since they’re not one but a new species.

>Sometimes, it is cool to just say live your life as if today is your last, but know that you will still have tomorrow and days, months, years ahead of you.
you are going to SAVE SAVE SAVE, that’s your tomorrow, it’s all written on your face!

>If a pleb spends all his/her money now, he/she might not be able to eat tomorrow, his/her children will not finish school, his/her family will never experience a decent house, and so forth.
SAVE SAVE SAVE! Queen Elizabeth save them all

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>That's great advice if you're single and don't ever plan on having a family--and if you don't plan on leaving anything to any heirs or charity.  In other words, it's pretty selfish advice that only someone in his 20s (or younger) would give.
thats quick to come to conclusion, selfish you said, what’s the pot you’re smoking? Leave the heir in 40-50 years? Do they ask for the inheritance?? Bitcoin is created in less than 10 years, inheritance sound bs unless you’re too blind to see that.

>Look at Warren Buffett.  He's amassed billions of dollars and yet by all accounts lives fairly frugally.  He's not even going to leave his fortune all to his children; he's going to give it to good causes when he croaks.  Bill Gates (although he doesn't live nearly as frugally) has similar plans.  
you just worship to a few human trash with absolutely bad fundamental values, this guys are some of the scum who shouldn’t even talk since they’re well know haters and new currency critics.

>And aside from all of that, if you spend like there's no tomorrow you'll be fucked if you suddenly find yourself without a job or any other source of income.  It's happened to a lot of folks who were otherwise wealthy, including sports stars and musicians.  Anyone remember MC Hammer and Mike Tyson?  So there you go.  Save your money, live within your means and plan for a rainy day.
youre going to save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save save

An interesting point of view. I understand the value of life in COVID-19 as it happens. Having money is not sure to get help from the hospital. I don't know if your country's health care is enough to meet everyone's needs, in my country disease is well controlled and the cost of treatment is taken care of by the government. Those who are not sick have enough for a living to use their money to buy food and help the epidemic force and doctors in hospitals.
Please do not be pessimistic about the epidemic. There will inevitably be a day when the epidemic is completely reversed.

Your understanding regarding on that is wrong since how could you survive for lifetime if your mindset is to spend all your money for short while? We need to save for future since we don't save for nothing we save to have retirement plan and also money to use in emergency, We cannot achieve this if we do YOLO and this one is needed to be corrected since many people doesn't know how to spend their money wisely.

Yes half right half wrong. Yes, we should use the change and spend the money while we are young enough to enjoy our hard handed money. But, imagine a 60y old man who thinks the same way and spend all his money and investments thinking he will die in next 10 years, now what if he did stay alive until 100y old? You can never say let's spend all the money before I die. I can see many old people even older than 70y old and they invest their money for the next 15 years. That's how they live their lives. You should invest and save money for next years and in same place enjoy your money by spending it.

Its okay to spend everything as long as you are single. No responsibilities to put food to the table for your family, it's fine no one will tell you, hey your kid doesn't have milk anymore, and can you leave at a couple of thousand so I could pay your kids tuition? 

If you know you are going to die tomorrow and you have no obligation to fulfill, spend all your money now with some hookers and booz.

As long as you are single you can do what you want... but when it comes to family, especially if you have kids, the way of thinking is different! So we can assume that OP is alone, not carrying for anyone especially... he can stay without money today, or he can die... nobody is waiting for him to bring food to the table, and to provide a roof for kids even when he is not present!

This topic reminded me of "Breaking Bad"! If you remember, doctors said he will not live for long... and he made some desperate/crazy moves to make some money for his family when he dies! He couldn't afford to lose time anymore, so he did what he thinks it's the best and the fastest way to make that money!

I don't believe you have to spend everything you are having before you die you don't know when you will die so you can't just spend all your money at once because what if you finish spending and you are still alive what are you going to be spending, and if you are having family to care for you don't just have to spend anyhow even if you know that you are going to die you still have to keep somethings in your wallet for them and if you are having kids and wife it's advisable you always having savings and you don't just spend anyhow incase of emergency.

Not a wise advice at all it is not a good idea for one to spend all his funds just because of fear of death from covid or any illness.You never knew what the future holds and money is an essential part of our everyday life so it should be spend wisely some of it should be saved and others can be used for investments for a better living tomorrow.

Even though there's a chance that it is your last day everyday, it is never enough reason for you to choose spending your money till it's all gone reasoning out that you can't spend it anymore when you're already dead. Just how high the probability of you dying each day, the odds are high too that you will still live the next day. For that reason, you need to make sure you have your future secured through saving money. Not just because you saving money, doesn't mean you won't have anything left to spend with, you can still spoil yourself for all the hard work you committed to make your life better but you should never go all out or else you might just die of starvation or due to having no house to go home with.

Life isn't just for enjoyment, so spending all your money before you die is a selfish thought. We can leave our possessions behind to our family, loved ones, and dear friends.
COVID-19 is something no one wants and it's taking away our loved ones and possibly our turn. Think a little positively, live responsibly with yourself, your family, and society.

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>Spend on what? Useless crap like cellphones? TV's? Nah. I would spend the money on toilet paper, land and real estate however. And maybe some agricultural land. I heard that Bill Gates has been buying a lot of it lately.
toilet paper, land and real estate? That’s what a person cope hard would do, try harder, you would never be happy, all you do is save save save save save, even a small purchase like spending on gadget, you would think very long, you would never be happy to just spend the money, it’s what cope get it define. Cope hard, work at the bottom, get paid the pennies, spend very minimal, become a slave to money, doesn’t it sound familiar?

>It is probably a good idea to have your own farm land too so you can raise your own livestock instead of eating Bill's genetically modified crap.
it must be in your wet dream to farm your own food, you would rather buy the food from Taco Bell and don’t brother with the what’s inside the food.

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>I don't have so much left anyways, i am mainly buying cryptos for my kids. If you live without planning for future, you won't have future and you'll end up on living from hand to mouth.
live without planning? Covid come and wreck every planning. That’s bs
> I've been doing that too when i was young. It was liberating and fun, but really short sighted and i can't really recommend it. Save enough money to keep you safe but remember to enjoy too.
you can never be safe

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>think the keyword here is to spend it wisely, you cannot throw your money simply on anything, you should spend it at least on things that can help you or your family.
you can never be happy, spending to save money? That’s bs
>Of course, you can give your money to your family as inheritance too. So I guess this is not the best financial advise, if you or someone has a lot of money, you should invest it, let's say to crypto and then look in the future for your family and kids.
another inheritance narrative, that’s bs, nobody want that crap, it would be worthless in the next 40-50 years

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>Exactly, this is the one of the worst financial advise you can hear from someone in this community, lol.
"Spend until you drop"? - Not unless you will be dead in the next 24 hours, but then again if you are in the right frame of mind, you will have to think of your children and your wife.
you would never be happy, you would always save for your kid or your wife, and you just cope like anyone else.
>So what better ways to do with your money? Give it to them, tell them to spend wisely, simply as that. The OP sounds like a self-indulging person.
you would never be happy, and the person you give money to would never be happy too.

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>They regard it as bad habit when you can not save. Human beings are not to be compared with animals and saving is one big differentiating factor from man go animals. Animals don't usually have the intention to save and in terms of food, they only let go when they are satisfied at the moment and not that they left the food to come meet it the next time.
Save save save save save. Animal animal animal. You mortal human being would never change.

>Therefore saving is part of human culture and someone who doesn't save is not considered as living a good life.
If you don't save and you have issues with finance or health issues, how do you or people get help for you. If every member of the family don't save then how do help come to safe lives. Moreover, if you die, you need to bequeet certain belongings to people you left behind. It is not a good habit to squander all you have, saving is good.
more save save save save save, that’s bs. Your saving is worthless by the time covid strike.

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>Lol, what? That's the worst "financial advice" someone can give. You have to be really stupid to follow a saying like this. You never know when you are going to die. What if you spend your "every last penny in the wallet", and then you are still alive. What you going to do then? Suffer for the rest of your life?
you spend money to survive, that’s bs if you think it’s a suffering.

>Or how about spending what you need and saving the rest while not worrying about death? I would prefer the latter. In fact everyone would.
you never have to died on spending all the money. And yup you would never be happy as you spend it save money.

I hope even if we get infected with Covid, we must have a positive mind that we will recover soon, and we can come back to our family after we get cured. We need support from our family to stay strong to pass the Covid because that is what we need to heal the virus.

We can teach our family members to use crypto to be our legacy to them to continue what we did and use it for their good. I am sure that everything that we did, even if that is a bad thing, will have a way to solve it.

It's really not a bad idea but I'd advice to spend in a very smart way, the reason why people broke too quick is because they spend money on things they can't afford and they work less on how nonstop passive income comes in every time

It is about balancing trade-offs: if I spend my bitcoin wealth today and I have other 60+ to live what good that will do to me? I have to make sure that I enjoy it while I also create the conditions for those who will come after me to enjoy that as well.
Two simple rules: stack sats and do not be greedy.

I think this is one of the stupid advice I've ever see. Yes you need to spend every penny on your wallet but always make sure that you are spending it in a good way and in a smart way just for example buying some assets or buying something that you can invest within. There's a lot of way in order for you to spend your money, despite that during this pandemic a lot of people lose jobs so you must need to be smart enough on where you will be able to put or spend your money. There's a saying that " Spend your money wisely."

That is not how most people become the richest person in the world. Sure there are some people who inherited their richness, but not all. Look at walton family, they took over walmart and they are incredibly rich right now, they never had to work a single day in their life, their parents worked for them and then they had CEO's that worked for them and managed, they could just live a life where they can never work and just all day party and have fun and never do anything others demand, just focus on making the life as good as it gets, spend whatever they want, get expensive stuff, basically live like everything is free for you and they would still not finish all that money.

However look at Jeff Bezos, his family was "rich" but dude basically used around half a million dollars + all the connections to become richest person in the world, nothing else. That is INCREDIBLY expensive for most people, 99% of the people can't afford that for their children, but not everyone who has 500k creates an amazon neither.

I think your family can get all the money you will left incase something bad happened to you. My purpose of saving either crypto or fiat is, I have money to be use in times of emergency. It is more difficult to live during these days without money because it is difficult to earn money during pandemic. What will I be using if I become empty pocket? It is also not advisable to borrow money in order to live because my family is still the one to pay my debt incase something bad happened to me.

This is a very interesting philosophical belief. Every day I come across the fact, that I can spend money on things, that I like, but I wonder if there is enough for my life? I think it is important to find a balance and then everything will be fine.

It is a bad idea because that's the one day millionaire mindset, you spend everything without thinking baout tomorrow will only lead to a life of struggle because didn't have any money saved because of that mindset, don't encourage this behavior by saying it is a good idea.

Well, you do have a point cause we don't know when we can last long in this world so better to spend and enjoy our money as much as we can but you should also know that you are not alone. There is still someone who can benefit from your saving like your peers and family. Your saving will not be in vain just make sure to give someone in your family your seed phrase and such so they can still access your wallets. Others might find it stupid but I'm not because it does really makes sense but make sure to set a limit, don't waste your money on unnecessary things.

Of course, because we live in this world only temporarily and will face death and not spend or enjoy our own wealth or gain during life.
should plan if there is nothing else in the world that can provide savings to your parents or if you are married to your wife and children, and must provide in whatever way they can find or use and put it in your wallet before You died.
give your savings to those who have more right or are still responsible for you while in the world.

so true  :D :D

That’s true, if you have money it’s good to spend when you can, because this life is once, so it’s good to enjoy it and have fun, but if you’re spending you still have to spend reasonably and not just be wasting your money on unreasonable things.

I don’t know for other people, but the reason I save money is not for me to stingy the hell out of myself, I only be saving money because I have other things I want to do with it, it can be to invest in my business and grow it. I am not the type that relies on just one thing, when I invest in cryptocurrency and make profit, I also look for other places to invest the money.

I think that is not enough for your life because humans will never satisfy even if they have a lot of money and ready to spend. But spending all of the money until it lasts will not be a good idea since we need to survive, although we do not know when to pass this pandemic. Maybe you need to save some money for your life and your family so you can still survive in this hard moment and if you can manage your finances, I am sure you will have a future and you will survive from this pandemic.

Yeah you are right in a way but you also need to save for a raining day while you are still alive, I get it death don't exactly give a notification but at the same time it is inadvisable to just spend all you have because you  are not sure what will happen next, there are family members who might also benefit from whatever you have left,
Spend for yourself and also save for future uncertainties.

Agreed. During this time, it is okay to spoil oneself and splurge on things that you like, after all it is happiness that is being talked about. However, spending every bit is not also ideal since survival should be also a matter of discussion. 

It is rightly said so spend each penny wisely so that you do not repent later on. People do earn to have a comfortable life and also enjoy along with it, but should not be done blindly where after few years later you realized your mistake and its too late. So make he wise decision and planned expenditure.

I don't think it is good economic advice, for me at least, it is not a good idea to spend every penny you have because of the Corona epidemic, it is like economic suicide because you do not know what the future holds for you, also you are not alone you have family and children so it would be selfish not to think about all of these .
Good economic advice, in my opinion, is to spend your money on good and necessary things. Yes, in these circumstances, no one knows what the future holds, so you have to think about the other side. What if the business stopped? Where will you get the money? What if illness strikes you wouldn't you need the money to spend on your treatment?

While your advice may seem logical enough, it is actually the worst advice you can give to anybody.  What if you spend every last penny in your wallet and you didn't die thereafter? What then do you live on? What would you in cases of emergencies and you don't have savings to cater for that?
Although, it is a fact that no one knows when he or she'll will die and once a person is dead, he can't spend the money he has amassed, it is still wisdom to spend wisely and know how to make budget for things necessary and cancel out unnecessary spending.

There are many different point of views in regards to this matter, OP's statement is true in the sense that after death there's nothing more for you, spending now and enjoy will let you get your desires.
It's your own take whether to keep your savings and try to survive especially now that there's pandemic where any moment you can get the virus and endanger your life.

Allow to assess and balance every decision that you'll going to take, enjoy life and value everything while you still knows it.

I prefer to save it and be ready to any condition because of this covid life of people actually really changed and if it happen to me, i ready for it or maybe that money can be useful for my family. Spending money recklessly not only is a bad idea and we in this condition i think must really serious to earning money so we can spend it when we really need it.

Those who didn’t save regretted a lot during pandemic since jobs gone and income were unstable. Those who have savings can use that during the quarantine and don’t depend on government too much. Saving will never be a problem, we are in different time now that everyone should have savings in case of emergency to provide for their needs. Covid should be a lesson to everyone to save so we have something to get when our income is no longer able to provide our needs. Even ants knows how to stock and save so we must be more diligent in having savings.

For sure people is really getting some lesson with this pandemic or even into those typical days where emergency do happen where we dont have something to spend on because we havent save up money or
allocate money for that this is why we should really be mindful on saving up.

Always allocate a small portion for savings because we dont know on what comes next in life and this example of pandemic  which would really be showing off that on how relevant on having a savings.

You an  really make yourself survive without relying much on aids which is really very helpful.For OP's words then its hard to make out some full scale spending,we are trying our best on not to get infected.

That's like telling people to become poor and spend even it's not necessary. The covid pandemic has taught us to be wiser around this time. And even those people that has no financial background tells that they're becoming wiser because it's best to keep the money that you don't spend.
Well, maybe to you this is what you're doing or you're just telling this to everyone while you're doing the opposite.

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>That is what governments will like for people to do, if you are saving money then that is money that is not going to the economy to pay for products that are out there and for them that is bad for the economy.
isn’t it too obvious? Your saving would be worthless, why do you still save? May be you are too blind to see that?

>This is why they like people to get in debts that they cannot pay and this would be great if we were robots, but we are humans and we need to have some money saved in the case something goes wrong, like a global pandemic, and as such this does not makes sense at all.
covid would send all of you plebs into debt, you either be the last person to realise it. Do not try to deny the inevitable.

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>This is the most absurd advice I have read today. Spending nonchalantly, thinking that there’s no tomorrow waiting for you isn’t a nice financial advice. It will bring a huge trouble for you.
what make saving sound the less absurd? Plebs are saving for their entire life, isn’t it the most retard behaviour and nonsense?

>I get it that time is short and we need to savor the things that we worked hard for. However, we must also take into consideration the future, even though we aren’t so sure if it will still occur tomorrow. Who knows, right?
covid is always here, it mutate quickly, it take less and less time to evolve, the earth is sickening, the sickness has bring climate changes, bring disaster to destroy life, some species would goes extinct, some would adopt. Death is inevitable. Unless you’re blind and deaf, world has changed so much it’s not liveable in the near future.

>When the time that you have already spent the very last penny on your wallet or bank account, you’ll realize that you messed up big time. We can still enjoy the things that we strived to earn during this time (present) while being disciplined enough to value what tomorrow holds for us.
Time is too short to be dumb. Be knowledgeable enough so that you won’t be suffering from poverty on the next few days.
New stain of covid, it last for more than one full year, it’s unprecedented, it would last for more length, don’t be a blind or deaf, death is already near. You held highly of “tomorrow”, that’s some bs that hold no water in this chaotic life.

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>The only pleb here is you. No wonder most of the world is in debt... because there are many people like you that are living in the moment and they never plan for the day of tomorrow. If I followed your advice, I would not have been debt free now and able to enjoy my life more... now that I have some money to enjoy it.
you said you’re debt free? You said you’re enjoying life in the pandemic? I’m sure you had a lot of bs. Obviously the only possible for you to enjoy life is to lock yourselves indoor for the rest of your life, that’s some very fitting life for plebs like you.

>Yes, you cannot use your money when you are dead, but you will die without it. (Just look at the state of many African countries, where their economy collapsed, due to poor financial planning.
Nobody has to died after having no money left, you said economy collapse? I know of a few countries which would print their way out of market crashes, they sound perfectly the one that’s going down next, every country would collapse just like Greece, it’s inevitable.

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>This has got to be the most idiotic advice that I have ever seen in my entire stay in this forum. I wonder how high you are to actually be able to come up with such an advice. Of course, having fun is important in a life full of work and stress but not to the point where you spend all you have as if you are about to die tomorrow.
it’s the best advice especially for the very young readers who do not have any money but to constantly told to save money, which is the nonsense. For the old and worthless people who would not survive this pandemic, you shouldn’t even read. Because you old fag are dumbass.
>What happens to you or the people who rely on you(if there are any) if you spend like crazy just because of that reasoning? Common sense must be scarce now
they too is human and should spend money until drop, just like another plebs.

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>It ridiculous to the point of making me think it's being posted ironically, but the number of stupid posts on these boards is too numerous I can't actually tell if it's an ironic post or just a stupid post
plebs are here, spend until you drop plebs!

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>you spend it all now, the one's you'll leave out will have nothing to spend for the rest pf their days. Yes money is superficial and is something that you can get back through time, but you have to remember that almost everything in this world runs with money.
you sound very old to me, please leave this thread immediately before you get heart attack by reading further.

>If you don't spend your greenbacks wisely, you'll end up leaving your loved ones in sheer poverty, plus you'd leave an unhealthy financial mindset that wouldn't help them rise above the murk you put them in in the first place. So spend, but be mindful, spend but be responsible, spend, but be prudent.
your loved should spend until your drop too you plebs.

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>ven when Im going to die, it is never the best to spend all of my money. My relatives such as my parents, my children and wife do need my money to continue their living. It could be a contemporay compensate for them
your another plebs should still spend until you drop you plebs is also a plebs and plebs save for the plebs to spend until drop plebs.

>Nevertheless, I against spending money without thinking. Having a decent amount for saving or investing is necessary. Try to become balance and avoid wasting money. Think of people who are begar on the street and people who are in debt. We are born with a better condition so we have to use our money wisely either to prevent from failing in the same situation or to help them get out of the slump
Life does not turn around you and your pocket.  
spend them all you plebs, you are coping too hard that’s not healthy. For very young reader spend wisely is a near perfect route to life time remorse.

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>Is it really necessary to spend rather than saving? I think OP have never been in a situation struggling just to earn some money instead of wasting it to nonsense things.
spend them all you plebs nobody would want your worthless greenback in the next halvening, your value halving very often, and getting more frequent.

>Spending of course won't be avoided but also see to it that you are spending your money wisely. Invest your money instead. Invest in bitcoin and you'll gonna thank me after that.
spend them all plebs, the zero sum ponzi is here to give you a false sense of wealth, you can never spend until you drop and can’t bring it to the next life.

I don't find this really appealing because it means that you think noticing comes after you. What about your family? Don't you want to leave something behind? In my opinion if we inherit something from our grandparents and parents we shouldn't be the ones to spend that but rather save it for our children.

we are not saving money, we are saving BTC and we are even trying to earn more BTC for rainy days. the users in the forum over time had already learned how economics works and while governments today are printing bills to stimulate the economy, they are also trying to seeing what could happen in the future if all these continue.

US which we consider to have a great economy is now struggling, the dedollarization is almost realized already so we are all in fear of what's coming. so we store our money in BTC not spend it all and die.

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>It's not a good mindset at all, specially for the future of our species as a whole, imagine everyone acting as if today's their last day, everyone would live an extremely selfish life, everyone would enjoy every money they have right in the present, leaving no money, system or resources for the future generations, neither would we have great visions that can shape the future world. Had our ancestors been so selfish, we would still have no cars and planes today!
Please learn what do financially secured means before giving out this bad advice, what if you got sick after you spent all your cash and you don't have a penny to take yourself down to the hospital? What if your kids or family needs money for whatever reasons?
your family members are too plebs, they should spend all the money until they drop, plebs spend money all the time, spend them all!

I'm guessing you aren't married, sorry to say but you sound like someone who isn't responsible, If this is who you really are you need to change before it's too late
more reason to spend them all, get another plebs in your life, that’s two plebs spending all of the money until drop, spend them all before the covid defeat you.

>>
Right, and leave nothing for your kids or other relatives?
more plebs? Perfectly fine, more plebs to spend all the money until they’re all dropped. The more the merrier!

>Maybe you're right that there's no certainty in the future right now (there never has been, actually) but does that actually mean that you need to spend everything to the last penny? Apart from what everyone said, that there actually may be tomorrow and you'll be cashless in such case, there's another thing, that concerns me.
your money would soon be worthless, it’s all written on the book, saving more money would make you become too dumb and ask stupid question and believe dumbass advice.

>Do you actually think that spending all the money you have will make you happy? Or why else do that, simply out of greed, so that there won't be anything laying around in the end?
spend like a real boss, that’s the happiest life. Spend to save money and only spend on budget? Yeah it suck bad! Don’t spend money at all? It’s the most suffering life ever!

>My personal view is that you should only spend money on the things you actually need and want, and not simply spend to..well to spend. If you want a fancy car - fine, go buy one, but only if you that's what you want, not simply because you can or for the show-off.
you would never be happy, to be very reluctant to even spend a bit more money.

>Also, I think there's much more important stuff to think of when it comes to these situations. For instance, forgive an old friend for the things they've done, stop lying to yourself and accept your mistakes, put right the wrongs, make the things you've always wanted to do but somehow always postponed, etc.
you would never be happy since you can’t spend on yourselves yet you still need to forgive old friend because you can’t spend money.

>There's a very good movie that's called The Bucket List, makes you rethink a lot of values and realize how meaningless it is to attach importance to something material.
you would never be happy because you grown attached to bad advices come from a poorly written movie.

It is exactly what I have in mind when I read OPs thread. I currently lived in a country where quarantine protocols still implemented, a massive unemployment rate increases, it is hard to find new job today but what I have been grateful today was the thought that I am now working in my own space, pace and doing crypto job full time. Personally, I can't agree with the thought of spending money now because we should still plan for the future. I couldn't contain myself to spend now because life is so hard and we should have to save for tomorrow.

I will not do that because for bitcoin is the best investment ever. Don't spend bitcoin at all also bad decision, it is not good the economy and ourselves. I spend some of my bitcoin to fulfill my necessities but most of my bitcoin investment fund are still in my wallet and exchange site.

I am not too worried about whether I will enjoy everything I have earned so far or not in the end. Even before Covid, the terror of death was always there when you left the house. Everyone who is alive has a death threat no matter how healthy thye are. As you said, it is only a matter of time.

It seems you are resigned to what will happen to you in the future, if you say like that has two different sides from some people.
On the one hand people will judge that what will happen in the future does not really matter if you are not given a long life.
On the other hand that we don't have to worry so much about what is happening right now by investing what you have up to now.

But I prefer to keep trying and helping people if I can afford to. although everyone has different principles, you should do lots of good things to make your own happiness. Keep trying so that you can enjoy what you already have but if God wants anything else, We can't do anything.

Yeah, I understand that OP is talking against holding bitcoins but I am not ready to change any of my habit that I have developed in last 5 to 6 years in this crypto space. We need to spend money or bitcoins up to the level of what we need for living (and the level of living cost is not same for all the people and for all the countries) still we must focus on saving for tomorrow even there is no guarantee for our life in tomorrow.

Even we left something after our life, that is the best thing we can do rather than leaving nothing to our family. So, I never agree for spending everything; it should in control and should not be in lavish manner.

Its so selfish act for us to think about spending all what we earn since we don't know what will happen and it might lead to a huge burden to our family if we left them nothing or with debts, so for having a comfortable life better spend only on our needs.

I know vacation is important to us to unwind and releave stress but we should spend wisely and control our money for buying things or spending on nonsense.

actually we can divide the money for all our needs wisely. suppose we are disciplined using what percentage of the money from our business profits for the purpose of vacation, or to buy our pleasure. it is a reward for our hard work. It is very unwise if the profits we can spend at the same time, even though from that profit we can invest and provide guarantees for our old age

No sane person is going to do that, that basically means that you will not have any money for tomorrow. In this capitalist world, having money is a priority and the way you manage it is going to decide whether you are going survive or not.

This topic is telling users the need to use up your money but you don't spend all you have at same time that you are still living on earth. You can spend your hard money but it shouldn't be on frivolous. We need to invest also. And if we put our money in charity, no matter how huge it is we spend in charity is very good because we are helping others to enjoy staying on earth. We should keep some of the money we have for family and friends.

Both cases could be fine, let people do what they want and what they like. If making money and then spending it right away is something that person likes, let them do that, if making money and not spending it, saving it and then maybe one day having a lot of it means something more, let that person be a slave for decades but then have a chance to be a rich person.

None of these are wrong, it is preference deal and if people do not want to actually end up being slaves to money, they won't, if they want to save up, they will. It is not our business to end up telling other people what they should do with the money they get. I am sort of in the middle, I like to spend money on food for example, it is not even something that will stay with me, it is gone after you eat it, but I do like to spend it on eating, yet I do save a bit as well, not as much as I used to, but I try.

The price when you invested is a major factor, you cannot invest at this price and expect it to be the best investment ever. I cannot understand your argument about the economic issues you create if you are not spending Bitcoin. One advice i would give you is that if you are planning to keep your coins in exchange wallets it is better to sell everything and enjoy life rather than expecting your coins will be taken care by the exchange.
Do not make the mistake of holding the coins in exchanges, we have endless bad experience and why to stretch your luck as well.

Its never been an ideal thing for you to store up your coins into a centralized platform on where you dont really possess the keys because once it gets hacked then say goodbye into your coins.
Always consider on storing it on a non custodial wallet for you to avoid these kind of things or possible problems in the future.Spending money on any forms for the sake of your primary needs
isnt a bad idea as long you do allocate some funds which are saved for investment purposes because we know that having another source of income is always recommended.
For Op's sentiment about spending money then its your choice but to think that probability for you to die is unknown so you cant really tell and just spending like crazy.

You make some good point not keep the coin on exchange site but there's something you seems not to understand or ignore about the investment decision because the major factor is the entry and exit point and if someone invests in Bitcoin now which planning to keep for 10years you cant say that's not a good investment.

There are also people who do not work for themselves too much. Warren Buffet and Bill Gates are part of these people, they have signed a donation paper that says they will be giving away 99% of their wealth when they die, and that means we are talking about 100+ billion dollars combined. Did they stop working and earning money? They have not, Warren Buffet is now 90+ years old and he still tries to earn billions of dollars every year, and when he dies all of that money will go towards charity.

It means not everyone in the world work and earn money just so they can leave it to their offsprings. Or there are people who do that as well, look at wallmart, the owner of it died as a rich man, he did probably spent some but not all, yet after he died his family became one of the richest families in the world. So there are few reasons to not spend what you earn.

All of these replies just because you're afraid to die with Covid?
Ok, let's say you can't spend that money you have when you die. But don't spend it to something unnecessary "till you drop". Instead, spend it to all necessary stuff you could use to survive the pandemic (If you're in a critical zone).

Many are in disbelief with the existence and truth about Covid, you can't blame them. Why? Because some government took this opportunity to steal money from the people.
If you're living in my country, specifically in my place you might not have that kind of this mentality.
Because you're 99.9% sure won't be infected. You wanna know why again? Because our local government made up fake numbers of infected people.

My mom was confined in the hospital last year and the doctor declared it was Covid. We did all the necessary health protocol and even lose my job for more than a month.
My mom told me that It wasn't covid, because If it was our entire family could have been suffering from it (we were all in a close contact before my mom got ill). Especially my younger sister who has always been there from the hospital to the covid facility, but never get infected nor develop a symptoms.

So, you see that's base on my personal experience. I don't mean that covid is non existent or fake, but some local government could fake it. 
Now, If you're in my situation I don't think you'll spend till you drop, because If you do I'm afraid you'll go homeless in less than a month, which means you're more susceptible to covid transmission.

Expenses must have their limits as well. Yes, it is just right that you cannot spend your money once you die but better make it sure that what you spend are pretty worth the money because if not, then you will just be wasting your time and money buying such. Better think of spending into worthy once for I am pretty sure you have someone that can carry out the money you will left behind once you die. Forget the concept of being a one day millionaire. There is nothing wrong in spending for your own sake. But assure that you are spending it wisely.

In somehow it's nature to human to save and dream of a better life for their love ones, a good example of this is a good head of the family, he'll do he's best to save even he's supporting all the needs of his love ones.

Trying to give a better life for his kids and let them enjoy their lives once he's old or once he already died, there are times that you also wanted to enjoy those money that earned but to weigh it in, it's still lots of people who will try to keep some assets and not to waste everything.

Just be wise with every single cent that you spend even if there's no crisis, we have to wise with the money that we've hard-earned. As much as I want to spend for things that are unnecessary, I'm not that type of person because there's really a need for me to save and keep into investments.

Many governments work with this economical philosophy to incentive people going into debt to heat up the economy. If people don't save money, it means they are constantly spending it and creating eternal debts, so they have to pay interest over the debts, what boost businesses as a whole (as people are constantly purchasing from them) and of course, boost banks' profits. It's the politic of the chaos, where people are educated to be irresponsible with their own money and exchange a confortable future for momentaneous, ethereal pleasures.

Worse than not spending money because you died before you could, it's to live an entire life without any quality because you have never been an economical individual.

investing and saving is not something stingy. but this is meant so that we spend money for a need not a desire. that way we will not have economic difficulties in the future. we know no one knows what will happen in the future, so at least we have prepared for the bad risks

Covid might be a trial to treasure every moment with our family but it doesnt mean we need to spend because we're going to die sooner or unexpectedly. Even if it happened, I still have my family to enjoy what I have earned so its not true that your money will be useless after you died. Instead of thinking to spend your money, be wise enough to think how you can maximize your profit and that is by investing. Invest and enjoy your life because thats the purpose why you're striving to survive.

So do you know that exact date of your death so that you can spend every last penny the day before? and obviously you must have love ones that you dont think because of covid, death will come to them all and you wish not to leave some savings for them? and what happen if you end up spending all your last penny and end up not dying of covid how will you manage the rest part of your life?
I believe this are questions you need answer and besides, the covid era is actually when you need to invest some in Crypto or Bitcoin cos it seem like the only logical investment point now.

It's not a good idea to use up all our finances. I live in a country that is very hard hit by Covid, for us being good at managing finances is very important. Considering that many sectors have been affected, it has caused a lot of unemployment. So using money wisely is an important thing for us, turning money so that it can multiply and continue to live and work even in the conditions of the COVID-19 pandemic.

I think it's better to ask them to spend wisely, especially on things they need that are beneficial to them and others.    Don't spend because others are spending else you maybe spending on things you don't really need.

 Look out for things you are talented in that you can use to benefit others and yourself, and invest/spend on them.  Those things have to be good/safe for you and others.

It's not really a good thing to pile up money for selfish desires though.  Savings is good when it's beneficial to others, or wont be used for selfish purposes. There are to many problems in any society that the money can be used to solve.

This seems like a salty post for me who is jealous of some wealthy people that only spend a small amount of their money. It is true that we only live once and enjoy to the fullest while we live, but it is not correct to tell someone to spend all their money just because they won't be able to use it in the afterlife. No one can tell when exactly we are gonna die, if you spend all your money now then you still wake up tomorrow how are you going to do your responsibilities. Can you still pay your bill and buy the necessities you need? For me, the reason why wealthy people only spend small amount of their money is they know how they worked hard for it. If they just go YOLO then they would not be living the same way they are after that day, they also want to make sure that their next generation won't experience what they did to reach that point/

I used to think like you. However I have changed my mind. I am not interested in money for all the niceties that can buy me, I am interested in building a present for those who will come after me. I am talking about building generational safety, wealth and education. Something that can actually transcend my own life and create a different future.

I think that it is ok to buy yourself some temporary happiness of status with you dough... I would rather create something lasting.

What you said is a way for us to sustain a living on a certain salary, instead of living in poverty every month due to overspending, fully understand your point of view, money is no longer useful when we return to dust but overuse in life also puts pressure on and can make us more tired, therefore a reasonable spending set-up is essential. This will help us reduce the waste of our assets and increase the efficiency of our money usage, it even gives a bit of an edge for generations in our families if we can invest

As far as this world goes, nothing in it can last forever, even if you think you are creating a secured future for your generation that too is still not permanent, besides, who knows what what form of technology will use by then, nothing in life is permanent the only we can do is spend some part of our earnings for on ourselves and save the rest for future sustainance. 

"It’s the best financial advice" how on earth can this be the best financial advice when you will always know that you have to save for the future. I pray we don't die young, with this, you must have something to go back to majorly after retiring and all. Not disputing the fact that you should live your life to the fullest and take each day at a time.

What a worse financial advice? It looks like you're going to die. Don't you think that when you spend all the money that you have , you may have nothing to use in the future to continue your life. You need to live until your last breath and you need money to spend. Be wise and think positively. Invest in bitcoin for your future rather than spending it for a useless things.

What is the idea of this topic? Spend like there is no tomorrow?
What about relatives? They can get your money when you pass away. Or you dont have to bi selfish, you can leave all your money for animal organization for example. Animal shelters will be happy to get at least a dollar.

In my whole life i did not see an advice like this or i can say this is worst advice i might get from you. Sorry but its true. According to you because of covid we might not survive more so now we must spend our all earnings otherwise we can't spend it because we die. Just tell me one didn't you hear lots of people survive from covid. And we know that to die covid is not the only option we can die any time, any where for any reason or should be without any reson. Still we hard work so that our next gen can live a better life or our family too. So i think you suggesting might not suitable for me. Its my opinion. Thanks

I don't really understand this your adage but what I think is money is meant for spending, not just spending extravagantly but using it to create more money just like investment. You don't really have to put it in a way of using the unfortunate pandemic as a reason to enjoy wealth. Yes money answereth all things but does not guarantee ones health.

Remember that we are not alone.  Don't be sorry if you die, you still leave money behind, because this money can be used by our family members for the advancement of various aspects.  Stop being Egois .

I personally try to balance it, not because I want to just think about myself (which I should be able to) but not to have a mental breakdown as well. You think people who are super wealthy never really had fun at all? Never spent money that they otherwise shouldn't because its a lot of money and they should have kept it for the next generations? They totally did, they spent money on things that they shouldn't a lot of times.

However my idea is that, save as much as you can, get rich as much as you can, and provide your kids a life where money doesn't mean everything, to me money is so important that if I do not have income from now on, I can barely handle it for 3-4 months, after that it would be poverty and nothing to eat for me, and that is why there is no chance for me to ever stop working, I do not want that for my kids. However I also do not want them to have a father that never smiles, never happy, never enjoys life neither, that would be bad, I would breakdown after a while, so I have to have some fun time to time.

Yes, needs over wants.
It is making ourselves prepare for the rainy days if we're a saver and as well as an investor. You don't have to be an expert on it but you only need to practice it until you make it a habit.

When a situation like this hits the world, all financial aspects are affected by Covid,
and you say that we have to spend money in our wallets? hmm, that's a stupid act I've heard, at times like this we have to really manage finances properly,
if you still have income one of the right ways is to invest not to be spent mate.

You need to stop thinking this way.
You can never spend the whole of your currency while leaving the earth. What's the point of leaving your family here.
The rich ones always have a will and how their wealth should be split incase they are no longer in existence. They also most of the time GIVE a % allocation to the orphanage, they do this as way of giving back to people in other to show care and sometimes reward as their religion advices.
You can't spend the whole of your wealth while on earth however, always spend quality with your self and go for health check ups.

It is a big mistake not to spend it while there. If you have the power to spend now, it is good to spend it and live your life in a good way. we keep it forward, but we don't know what awaits us in the future. maybe we will not have the health or time to spend tomorrow what we have today. for whom, for what and until when. If you say I will leave a legacy, it is separate.

You're just trolling, right? Because if not, this is the worst financial advice I've ever read.

If you're single and don't have any other plans this still isn't applicable, since we need to survive daily. If you're too scared that tomorrow will never come, what's the point of existing at the moment in the first place? Everyone has their own timetable in life. If others came sooner than expected, it doesn't mean yours would too. It's a 50/50 scenario since nobody is certain that he'll still wake up the other day, but you aren't still sure that tomorrow will never occur.

So I suggest living your life, while also being responsible. You can enjoy your life without sacrificing your future. Save and invest, if not for you, do it for your loved ones that you'll leave behind once your time comes. You can pass your wealth onto your family line that will help them to start from something if ever for example they wanted to put up a business. That way, it'll be easier for them to establish what they want.

This mindset is scary because it screams selfishness. I hope you realize that. Spend wisely and don't be so impulsive. Time is short, you can still make the most out of today without putting your next days at risk because of a one-day millionaire mindset.

Dont spend money.  Save money.  Invest money.
Then when you have enough, you can live off dividends and interest, and spend money and not work.  i think they call that retirement, but the idea is to do that before you are too old

I surrender myself to what tomorrow will bring with my efforts today. But that doesn't mean I should be skeptical of shortevity or certainly longevity. Just doing what normal people should do, celebrating something, having time with family, occasionally giving gifts and surprises, preparing for daily needs and old age.

What is important, people have different levels of needs and portions of happiness respectively, they have to spend the money according to the portion and save some to continue life or be inherited. Spending all the money at once will only start your own havoc.

Right! Life is hard to know before tomorrow. While we are living in fluid settling covid19 will come. Everyone will die! So if you don't spend money now, you can't bring it to death. Now eat as much as you want if you have a lot of money. Bitcoin is very expensive so you can sell it to spend and buy what you like. I also want money to spend comfortably. But I don't have much money.

Lol that's a belief of a single person and a greedy one because people like us who keeps our holding has our funds for our family in future and not just to spend it all now.

Look at how we handle our funds? even if we badly needed those yet we keep it to our hands for our children and for our own in the long run.

Spend if you think no one is depending on you or keep for their needs.

I have similar view on my money hence there will be no wonder that I am completely differing from what OP is emphasizing. Money is something we cannot earn after some years of ageing hence it would be better to earn and save for the future. If we are unable to use all of our saving then our family will use our money like what we left will be the inheritance to our families and for next generations.

Saving money is more importance at the same time we do not need to be starving to save money; we need to live this moment and also will need to plan up for tomorrow also.

This is true because if you die without spending your money you will never suffer from lack of it.

Death is painless, you don't worry about anything and don't need money anymore. It gets worse when you have to live your life in misery, begging for food, worrying about a place to sleep, being chased by debt collectors. We save up to avoid it and spending it all now won't change things for the better.

I'd never call what OP is saying the best financial advice.

I make sure that I spend and I make sure that I invest to be able to spend more. Spending alone wouldn't make your life easier in the long run, as you will be broke and not even be able to put a roof over your head. While I do get the sentiment that we don't know how much time do we have left for our lives and it's best to be able to enjoy it while it lasts, I also believe that there's no harm in keeping some money for yourself and for your future.

You can spend money to enjoy but not so careless to the point that you will have to worry what to do next tomorrow if you don't have even a penny on your pocket.

That's Coooooooooooool 8)

Spending every dime in your wallet can't be regarded as a perfect advice. If you had said paying your self from time to time it would have been preferred. Life it's self is a risk. If one isn't certain about the next minute it's far better you trust your wallet in the hands of someone you can trust in case anything happens along the cause of life so what you have laboured for wouldn't be a waste of time and energy.

Imagine owning as huge as 3bitcoin and one considers spending all wouldn't such person be digging up a bunch of poverty for him or herself. Paying your self in percentage should be the best

You are right that if a person don't spend money when he/she alive then after died he/she can't spend them. But for this if a person spend his/her whole money now then this is one of the foolish decision. Because no one doesn't know that when he/she will die. So spending all the money today by thinking i can died tomorrow is the most bad decision. Also if a father do that then his family members will face so many trouble. So holding money for future is the part of life. But don't be a penny pincher.

But there are a lot of people that do not see money as an immediate commodity, but something they will leave for their family they leave behind. Sure, if one is completely alone without anyone to inherit that, then yeah, I guess you could look at it that way, but then again, you could leave some of it to a charity and do some good after you are gone, so it really depends what type of person one is.

This is not good advice coming from you, why do we need to spend our money on other things we don't need if we can save it for our future, this covid-19 or this pandemic has ended, what would happen to you after pandemic if you had spent all of your money to not so important things. Instead of spending your money, it is better to save it or invest in bitcoin or any altcoin, bitcoin still be the preferred currency to invest in.

come on mate, how do you say this is financial advice!  it is just an invitation to commit suicide 🤦‍♀️

This pandemic still shows no signs of calm down.  poor people out there are still struggling to earn money just to eat and pay rent every day.  but if you want to spend all your money to provide for those in distress during this pandemic then i support you full.

And you may now know if you may also die when you are spending your money.  ;D

In fact, everyone will not know when we will die, we don't know whether one second later we are still alive or not.
But, does it mean that we must spend all of what we have because of that?
NO, Eactlt I will never follow your advice.

We are living for work, prayer, and activities that are helpful and also nice for our life. We may not know whether we are still alive or not. But that doesn't mean that we can do whatever we want before dying and also spending every single cent of our money. We have our dreams and also expectations. We also have plans and also management of our funds in order to prepare for our future. Whether we are still alive or not, it may be helpful for somebody in the future, for our kids, family, and others.

This is not a good advice personally because you should only spend based on what you needs and what you can afford, beside if you die without money, you family will suffer later on. So my advice would be different, invest your money tell your family about it so when you're gone, they can still survive even without you. Its ok to spend but you have to limit it, and don't over spend especially if its beyond your budget.

Theres a lot of ways to invest our money but its not right to say that if not spent to investment is there no chance. It's will deoend  how to manage it and where we put it.Be more practical not all good to spend and invest their money so be more responsible. Market or trading is risk so be more aware for every we go thru it comes to investment.

Much better to assess yourself if how you will deal with the situations, if you have good understanding

in regards to the market, investing or trading are good venue to spend your money in hope that it will

grow along the way. You have your own knowledge and authorities with your money better to use it wisely

and not to overspent it with something that's not important.

I don't believe in this. Yes, I agree that money should be spent but you should also prepare for the future. We all never knew that this COVID would happen and most of the people who doesn't have savings suffer most. Jobs were terminated. Others were having a no work no pay policy. Lucky are those with the government who have salary even with pandemic. The best advice is, spent well after you save well.

I disagree with your opinion. it should be in conditions like today we must be frugal and wise in managing finances. If you have unused money maybe you should learn to invest as future savings because we don't know when the pandemic will end.

I'm quite depressed when I see these type of mindsets. I don't really get, what does saving even yields for someone, we save every penny for a future which is uncertain and we can just die at any moment, and automatically our wealth is not ours anymore but our family's which is so sad. Eat good, travel and enjoy the life when there's still time, there's no good in saving for a future when one won't even have the energy or interest to roam the world!

I will not spend my bitcoins because I will hold them for the foreseeable future. I have given the password and private key of my bitcoin wallet to my wife and child, I do this because if I die, my wife and children can enjoy the benefits of bitcoin that I have. if we spend the bitcoins we have today then we will lose a huge profit in the future.

If you have bitcoins than fiat then that's an investment which means you spend your money to buy it, the advice is actually good for people hesitating in trying to invest their money into something. If you see it in another perspective it will surely help mentally.


If you only care about yourself then that's no problem and you don't have to force your ideology to others because we have different status and situation in our lives; I'll give you an example, if you spend every penny to invest its either you win more or you lose more, and some people are more comfortable in losing less and winning less than taking the risk of losing much than they could handle and unfortunately if you keep losing in this type of situation there is no return, in short the odds of winning in only spending the money you could handle is quite a lot than spending all the money you get.

So which part of it is cooool? Did the OP confirmed that he has covid and he is going to die hence he wants to spend all his money before that happens?
Even if you did confirm a case like that, dont you think you have some loved ones that you would like to leave some for?
I dont really think that's a good advice because either way, you dont know what the next hour holds so you cant just squander all that you have just because there is a pandemic.

Totally agree. Hustle hard then enjoy. Do not deprive yourself. Instead, find time to reward yourself, whether it is something luxurious or travelling around the world. As long as your happy and with the company of your lovedones. Better be wise in saving and spending your money. Of course it is also important to save for retirement but we must also enjoy life. we cannot spend money after we die, so better live your life to the fullest. There must be a balance between enjoyment and saving. you must also share your blessings.

Not to be rude, but this is the advice of someone who has little sense when it comes to money. The reason that I like saving and investing is because it removes a lot of stress from your life. Money does not buy happiness, but lack of money can leave you in a very sad situation. Being in debt can be very detrimental to your mental health and this could end up taking years off your life unless you get it under control. Learning how to make your money earn more money is one of the most responsible things you can do in life - there are many traps out there designed to lure people into wasting money on unnecessary junk, so please be more wise about your future.

I don't agree that it's a good advice. People shouldn't just spend without saving money. If you don't save a good amount of money, your future could be under danger. One should always be aware of this possibility when spending their money. Of course, I don't say a thing like "You should spend a very little amount.". You just need to plan your actions not to regret after.

Our future depends on how we manage our finances, I agree without saving money, our future can be dangerous. Therefore, there is no prohibition
against spending money that comes from the results of our hard work. But we must be able to spend the money we have wisely, don't just focus
on happiness now by buying something we want. We have to get used to saving some money from our income for our future, if we don't do it now
then it will be too late.

I know that we won't bring our money to our grave in the end. But it doesn't mean that we should spend continuously rather than accumulating a lot. We shouldn't only think about ourselves. We should think about our future kids too. Even if we die, we can bequeath our savings to our kids and help them have a better life.

It is a mindset like this that are pushing the debt statistics in this world. A lot of people do not save for their old age and they become a problem to the tax payers for the future. I travel to Africa a lot and I see poverty all over these countries and most of them are being supported by their government. (Social grants)

The "what IF" always come to mind, when I look at scenarios like this.... What IF you survive Covid and you live to the age of 90? (The odds of that happening is bigger than you not surviving it)  ;)

I agree. The most important thing here is to spend our money and manage our financial condition wisely. If we spend an amount much more than we can make up for, it may cause us to have serious financial problems in the future.

what happens next to you, when you spend all your money during this pandemic? can you still live?

this pandemic period is a time where everyone should be able to use their money as much as possible and don't spend it on things that are not important. think about your family too because if you spend all your money then what will their life be like, I say this as a mother

It's a good advice to avoid limiting your self when you have an urge to buy something but not the best because there are times where we need money more importantly like when we are hospitalized because of accidents or something that requires a higher fund .
The solution for this is saving money early .
we might not spend the money that is left when we leave but it can be used by the people that are close to us .

How it can be the best financial advice? If we follow that logic, then there shouldn't be a second for our wallet to be filled because no one knows what will happen in seconds, anytime... You can die anytime if something very bad or very unlucky happens around you. Instead, people shouldn't think about that and overall, people shouldn't think short-term. Always, long-term thinking is the best advice. Personally, I prefer tomorrow's chicken over today's egg.
I guess that kind of thoughts aren't considered mentally normal and healthy. You don't know when you'll be ill, when you'll have a need of money and I believe you aren't that selfish to only think about yourself in this world and just ignore the parents, friends, relatives, etc.

It is better to say we should enjoy our money while we still plan for the future, not eating everything now and making the future difficult. If you spend all the money you have, you may even die from starvation or depression when you no longer have to spend, so everything should be done in moderation.

Agree, a few small restrictions on spending will help save a part of costs and contribute more to important jobs in the future but everything will need to be in a balanced circle, putting your own comfort first before offering savings, this theory is a simple algorithm for management but as a subconscious information most people have overuse criteria at a young age. They are thinking more about tomorrow's work and day satisfaction, instead of making more important plans for the future, they feel the need to spend more money

Spending money is not a mistake unless you do it wisely. You won't enjoy your life fully even if you spend all your money today. You will not just live for today so better prepare your life for tomorrow and for the future.

Investing is a good start to start living your life in a more valuable way. You will not just earn money but you are making your future financially secured and that will be the best feeling you will ever experience when retirement days come.

I myself have asked this question over and over again:

Are these people who make hodl aware that life is short and that money is for buying things and living life?

what's the point of just doing hodl and in the end dying without using the money?

you had good point here . when people are young they had highly motivated to become successful and rich, and when become older and maturity he wants provides happiness for his family and children . Rich or poor people always have a desire to provide the best for their families. wealth is not for yourself, share with family and others in need. thats why some rich people are not scared for doing big charity, they know money its not real happiness in this life.

"If you don't spend money now, you won't be able to spend it after you die." This sentence seems right, but if you spend all your money now, what will you do in the future? What will the family do in the future? It's better to have fun in time. You can spend money to buy whatever you like, don't spend money just to spend money. Wouldn’t it be nice to spend money to buy something you like and become happy?

Average human expectancy is around 80 years as of now. So there is no issue in waiting for a few years, in order to get good returns. And especially with cryptocurrency, all of us know that it is currently underpriced and in the future there is a great chance that the prices may go up by 10x or even 25x. Those who want to enjoy their life can sell their holdings for fiat even now. But remember what happened to those who sold their coins previously. Without any exception, all of them are regretting about their decision. Want to join them? Personally I don't have any issue with that, since it is your money.

Why do you worry that you are going to die, remember that it's inevitable and worrying about only holds you back in living your best life. Don't go spending lackadaisically your money just because time marches on and death will arrive at your doorstep, be smart about spending and try to save so you can have your wants that are pretty expensive be bough because you have save money and you spend wisely.

Be smarter, this kind of thinking is like showing despair towards situations and conditions without effort, even though there are still many good opportunities to continue living with the various profits. It's true that we can't spend money when we die, but it would be nice while living.. we use money as well as possible without having to think shortly.

Just enjoy our lives with various things that are still being done to earn money, and spend it according to the necessities of life without wasting it.

Not only after you died: the money you don't spend now will be worth less and less because of the inflation.

If my parents didn't buy their home for $40.000 more or less, three decades ago, now they would have just a parking space for that price. I don't know whether the real estate has gone x10 or the value of money /10, I guess it is a mix of both.

You spend: you lose; you save: you lose. You invest: who knows?

That is a selfish idea. We save not just for our own but it is also for our family, you have brothers, sisters, parents...you can save them, not just yourself alone especially when crisis just arrive. The same thing we do why we have to invest.
The problem to most individuals is just to think of today, they don't think about it by tomorrow. That is why many got broke after losing their job because they don't save any, they don't invest, they are relying fully on their salary and spend it all like no tomorrow.

I don't see how my post is selfish. I am just stating an objective situation where the system is prepared to drain the savings from the people who wants to save for their retirement or their kids.

If my parents only saved the money instead of investing it in our household, or spent it in rental, now they would have almost nothing both ways.

Inflation is the tax for savers, I can see no selfishness in saying that :D

That is the case for me, I do not care about the money for myself because I know that I will not be rich quick enough to have a great life of my own, I accepted long time ago that I will not be able to make a living out of doing things I want to because I will not be able to afford them. So now I just save money, invest and try to get richer and richer before I die, doesn't matter if I die at 98 years old, as long as I can save money I will do it for my kid and if I ever have grandchildren then I want them to be happy as well.

At this point if I can leave behind a great life for all of them, that means I have achieved something that means that it will be awesome for them and I will be happy to die at that point. Which is why I am working right now, I am old fashioned guy so I think real estate is the best thing I can leave for my children, and for that I am working to get my first, it will be maybe another 10 years before I can even think about buying one, but I will not stop working until I get one.

when we die ... it is impossible to know it will happen .... when we spend all the money, we know when that point occurs and when it happens then we will know the meaning of money for now and the future not to be wasted and spent Therefore, realistic life is the thing that makes a person healthy, is it possible that the inside of him is a mental shock so that it is not realistic?

One issue for cryptocurrency users is that, unlike the assets that are denominated in fiat, those in cryptocurrency are not automatically transferred to the nominees (i.e relatives) after the death of the user. If the private keys are unknown to the nominees, then the chance is that those coins will become inaccessible to everyone (unless the original owner uses a dead man's switch). While investing in stocks or mutual funds, you don't need to worry about this. Because in the bank account or stock broker account, you can specify the details of the nominee who should get the custody of the assets after your death.

This is certainly a problem with the current economic system, not only it requires that people spend all their money in useless junk it also requires people to spend money they do not even have and indebt themselves for the rest of their lives to the point they will never be able to retire, and this is simply not sustainable, I do not want to work for the rest of my live and this is why I invest and reduce my expenses as much as possible, so I am bad for the economy. ::)

But it's worth considering exactly when to spend your money. Depending on the situation, you can spend them with some benefit.
After spending money on the downtrend, you significantly increase the likelihood of receiving large investment returns, that is, profit.

a better mindset is ,spend a bit every month (10%-20%),appreciate yourself and look after yourself,love yourself...
spend all is just trolling i think

That is buying in dips, and hold them until the prices get into their peaks and that's the time to sell. If this will be your strategy, you will definitely add more big returns into your investments. Huge profits are made from good decisions.

But if you just spend your money without thinking how tomorrow will be, then it might only cause you more struggles in the future. Spending your money is not a mistake but at least you spend it for good purposes.

But the current reality is very sad, where people at a young age prefer to spend their salaries for pleasure. Because they have no plans for the future,
and also young people usually don't have good financial arrangements. Therefore, it is very necessary to educate young people, to make them aware of
the importance of planning for the future. So they will not experience financial difficulties in the future, if they can manage their finances well.

This is such a hilarious statement 🤣 One shouldn't catastrophize his or her (financial) life because of COVID-19. It is definitely not a good idea. A Bible saying goes thus, "A good man leaves an inheritance to his children's children". Think about it.

Definitely isn’t a good advice for me. Saving some of it for the future and inheritance is much more worth it, because you’re leaving a great legacy to your future generations. It’s all about spending smart and diversify.

It’s true that you can’t bring your money with you once your time here on Earth is up, but at least we can still do something like inheriting it for future generations. For sure, you will be remembered as the one who began this legacy no matter if it’s money, property, achievement, etc.

according to me how much money i earn i will enjoy 75% of the money i earn and the remaining 25% i accumulate maybe if i die that savings can be left to my family,no regrets at all because the life of each beneficiary is more than enough if you yourself are always satisfied with the present life. On the contrary, if you are too frugal, do not dare to spend, do not dare to eat until you die, does this life still have much meaning for you, perhaps anyone who reads this article will also say that I am a bit selfish but I Being very realistic and being realistic will make you a little selfish.

Well, this is not the first time i seen a post such topic this question is related like what happen after i died. Means bitcoin wallet is decentralized soo we didn't share private key anyone so that anyone can't misuse my wallet. But what happen with my those funds if i died without knowing anyone about my wallet pass or seed. Lots of people gives lots of opinion but the final opinion is we should inform someone about our wallet. So your topic is similar we didn't sell bitcoin so that it gose up but if we died we can't even sell. So its almost similar. Thank you.

YES, enjoy the fruit of your labor, but don't ever forget the difference between enjoyment and destroying your financial security
Everyone should feel secured, and people should never ignore the costs of the future. Unexpected things could happen.

- Helping the next generations inherit a large amount of fortune and great achievements is a worthwhile thing, sometimes I also think about saving for future generations in such a way but standing in a developed society, I feel more respect for the achievements of each individual, maybe generations like my children and grandchildren will be difficult but they will be satisfied with maturity. They can complain with this decision but can't just be lazy and get achievements, need to try

There are many people living day to day but those people do not really have the option, everyone else should have at least some funds for when the rainy days come, after all you never know when something is going to happen, and what better example than the pandemic, how many people were in desperate situations simply because they did not had a few months worth of savings to their names? So it is important to keep some money in hand just in case we happen to need it in the future.