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Author Topic: whether waste of money is the biggest disaster in the economy  (Read 68 times)
eulaellison
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August 15, 2018, 11:46:15 PM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?
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August 16, 2018, 01:19:51 AM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?
We can't blame people why they are not investing in bitcoin(crypto) even rich people who can afford to invest but they are not open mind on this crypto business. That's the reason why poor people remain poor because they always work for money, unlike rich people they let money work for them by investing here and there.
Wasting money make people worst and make poor, they did not know what is( wants and needs ) lack of financial knowledge budgeting the money.

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August 16, 2018, 02:04:16 AM
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Waste of money is one of the causes of the economic recovery of the economy, so if we want the economy to grow we have to pay back the right price and tie up the right purpose to save up. cost
deus030518
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August 16, 2018, 03:05:28 AM
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Well you can just give them upfront advice about how to save or invest their money but it will still up to them how they will use it and the important thing is that you have shared your thoughts to them that you know that will help them in the future. Remember that you can only do so much and influence as much people that will believe in you.
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August 16, 2018, 03:15:55 AM
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All of us know that the more wasteful we are, the closer we are to poverty ... maybe when we are rich it feels like a neat pride of our generation will be difficult later ... how well we will

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August 16, 2018, 04:21:53 AM
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All of us know that the more wasteful we are, the closer we are to poverty ... maybe when we are rich it feels like a neat pride of our generation will be difficult later ... how well we will
The poor when they see the rich spend extra money. Thought it was not essential. And the rich are the opposite of what they feel is fine. But if you are rich or poor, you should learn how to save and manage your spending reasonably. Because it may be useful at some point we need it.

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August 16, 2018, 05:38:25 AM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?

People who are not investing maybe not worried about the future or not sure where to invest their money. For you, it may be wasting money but for them, it may be enjoying their life so different person have different thinking.

why is not invested with bitcoin?

Bitcoin is not only one product available for investment. Many people have invested in real estate, gold, shares and other types of investments but they may not be having a good knowledge of bitcoins to choose. In some countries governments, its calling bitcoin has pyramid investment scheme so many people worried to invest in bitcoins.
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August 16, 2018, 05:59:04 AM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?

There is a superstitious saying that "money or wealth is a visitor which would leave one day if its not used properly". This word is mostly applicable to those who were once rich and by virtue of mismanagement ended up poor while those who are still able to maintain their wealth are immune to such statement.

There is no solution at all because some people that the ill fate have befallen is as a result of their carelessness while others fell in the hands of scammers who are even close members to them because they wanted to do the right thing. Investing in crypto currency takes a lot of risk and not something you start learning about when you have the money. You must have known about the risk, what you are entering into, the ups and downs months or years before the money came with that you can be able to think straight to either invest or diversify. This key thing is what is not available to everyone.

davis196
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August 16, 2018, 06:15:45 AM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?

What do you mean by "waste of money"?Can you be more specific?
For me,waste of money is heavily connected with addictions.People,who are addicted,waste money on gambling,porn,drugs,smoking,porn,prostitution,etc.This is related to their emotional condition,so when can't find a global solution of such problems.I can't say that this is "disaster" for the economy,but it's bad for the people,who are wasting their money.

ngamuk tok
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August 16, 2018, 06:19:56 AM
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I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?
invite them to join bitcoin, but first teach them understanding about bitcoin.
how bitcoin works, and also explain about fluctuations.
shulio
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August 16, 2018, 10:14:49 PM
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Your waste of money is some other ones earnings for his/her job. This is not a disaster, it is how economy works.

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August 31, 2018, 12:52:11 AM
 #12

yes, if there is no money saved, the economy will be destroyed. because in the future, saving is very important.

jseverson
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August 31, 2018, 12:45:10 PM
 #13

Spending is healthy for the economy. When someone wastes his money away on something, somebody else earns money because of it. The same principle applies to Bitcoin -- the more we spend, the better off the community in the long run, with businesses flourishing and coins flowing.

What you're describing is disaster to oneself and really no one else. Your well-being is your responsibility.

Saveplus
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August 31, 2018, 02:00:19 PM
 #14

Unmanageable so thats why our economy goes down because of some people who are over spending and wasting their money in not important matters.We need to be discipline on how we manage our finances to the economy grow.
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