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

[fauzan Ichsan]

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.

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

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[zanezane]

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.

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.

[carter34]

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.

[tygeade]

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!

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.

[SaShiRaJaVu]

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.

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.

[Quidat]

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.

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.

[suzanne5223]

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.

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.

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.

[doomloop]

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!

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.

[Oasisman]

~snip~

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.

Spend until you drop you plebs!

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.

[Yatsan]

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.

[Fredomago]

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!

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.

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.

[tabas]

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.

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.

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.

[uneng]

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

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.

[andriarto]

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.

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.

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.

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

[lienfaye]

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!

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.

[Henrobakkara]

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 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.

[mrongos]

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'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.

[Ucy]

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.

[xSkylarx]

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/

[paxmao]

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 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.