“You don’t spend money now, you can’t spend after you died”

[SaiyanSS3]

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!

[electronicash]

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.

[totaleclipseofthebank]

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

[mk4]

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.

[Kittygalore]

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.

[ecnalubma]

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.

[SaiyanSS3]

>>
>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.

>>
>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.


>>
>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.

>>
>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.

[iamsheikhadil]

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 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!

[Poker Player]

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.

[acener]

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!

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.

[Lorence.xD]

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.

[GreatArkansas]

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.

[Saisher]

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!

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.

[Mahanton]

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!

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.

[Darker45]

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.

[The Sceptical Chymist]

Spend until you drop you plebs!

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.

[mindrust]

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!

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.

[cryptoperkele]

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.

[cryptomaniac_xxx]

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!

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.

[Jating]

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.

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.