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Author Topic: I am forgetting the value of money.  (Read 296 times)
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October 06, 2023, 10:16:28 PM
 #41

What can I do to remember the importance of money and spend more carefully?
You just need to remember that earning any amount of money nowadays is very difficult and you also need to appreciate the process you did to earn that amount of money. because then you will think twice about spending that money on things that are less useful.

And another one is "we look up too often", regarding someone who lives in luxury and buys everything he wants, thus making us humans who are not grateful for all the blessings that God has given us. So, once in a while, bow down and look down and see that there are people whose economic conditions are more difficult than ours, who don't think about being able to fulfill their desires by hanging out with friends, going to restaurants and going to the cinema. Never mind thinking about all that, it is very difficult for those who live on the poverty line to be able to eat every day.

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October 07, 2023, 04:58:20 AM
 #42

You need to be aware of your expenses. Try to avoid spending where you don't need it. Currently, your financial situation may be good, so you have taken a worthless subscription of $5, which is a day's income of other low income people or those who eat day-to-day in our country. Those who are a little upper class or rich waste money while hanging out in different places. Many people buy different things for their hobby. Which is a waste of money. There are many people who live below the poverty line and have to spend these days starving. Considering all these things you should stay away from wastage and stand by them if you can.
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October 07, 2023, 07:19:51 AM
 #43

In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This realization struck me when I observed a lower middle-class woman desperately asking to borrow less than $1 for nearly 10 minutes, enduring shameful comments from the shop owner. She needed to borrow this money because her husband wasn't earning anything, and their financial situation was such that they didn't have the luxury of saving; they earned daily and spent daily.
What can I do to remember the importance of money and spend more carefully?

These types of incidents do occur now, but managing is very important. When we have money and start spending it however we wish, we may not realize how much we are actually spending until it is too late. There are some people who, when having a small amount, are unable to control themselves and spend the money before realizing that it has left their hands. It's not a good thing to have a husband who doesn't work; in my nation, it didn't seem like a good idea how the family would get by without it. If the wife is also unemployed, the marriage would face difficulties. How will they be able to pay back the debt when it's due if the wife keeps taking out loans because her husband isn't working? It will be quite challenging for the family to feel at comfortable.

When situations like this arise, just be sure you are managing your money wisely because going broke before earning another one is not a good idea. If you are spending your money in a necessary ways, if you are purchasing goods that will benefit you, then I believe you are not doing so roughly, just hope you shouldn't stop earning.


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October 07, 2023, 07:27:28 AM
 #44

I don't think you need to judge yourself for being more successful. Each person is the builder of his own life. You don't know the reasons why a woman is poor. Perhaps she had several moments when she herself did not want to improve her life. Some people are poor because it is their choice; some are very lazy; and some have decided to accept poverty as a fact of life. Nevertheless, we should not waste money, realizing that sometimes we can curb our fleeting desires and maybe instead help someone who is not having a sweet time.

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October 07, 2023, 07:34:33 AM
 #45

If you are an investor you will spend less because what you will think of how much the money you are spending will generates for you in the shortest period of time than spending excessively, although some people never knew how important the value of money are receiving at every month is to them but whenever there's no work to put food on their tables that is when will remembered how they received their salaries and never invested or to make good plans about it.

As a young man you are you don't really needs to live a life to impressed anyone around but thinking of how your tomorrow could, investment of $5 to $10 today could worth of $100 in years to come and believe me, years runs faster than what we think now. I don't know why time is flying this faster, but however investments still the most important thing to do you might see yourself as someone who is successful today but without investment you nothing and the money you think you had could be worthless in time to come due to inflation., Of course there were things that we think then are very valuable and expensive in today world people don't value it anymore since the world is changing very faster.
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October 07, 2023, 08:05:15 AM
 #46

I don't understand why you need to ask people about what were you doing.

Before you buy something you've think about it and then you spend your money, your money gone because of your decision not from third party. The reason you purchase the music and movie subscriptions is because you were need at that time, it's to fulfill your satisfaction.

Each person has it's own way to enjoy the life, so if you happy by purchase these subscriptions, it's what it's.

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