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

[iv4n]

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!

[Issa56]

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.

[cute nmp]

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.

[sapnu]

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!

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.

[(o)(o)ilikeboobs(o)(o)]

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.

[SaiyanSS3]

>>
>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.

>>
>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

>>
>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

>>
>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.

>>
>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.

>>
>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.

[maydna]

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.

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.

[XUR_TIP]

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

[acquafredda]

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!

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.

[pinggoki]

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 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."

[SquallLeonhart]

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!

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.

[EiKaGlaShPriSAThWEl]

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 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.

[Dilerium90]

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!

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.

[Kong Hey Pakboy]

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 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.

[blckhawk]

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!

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.

[bitzizzix]

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!

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.

[Dusang1998]

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!

so true 

[dezoel]

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 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.

[ethereumhunter]

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!

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.

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.

[Bitstar_coin]

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!

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.