Getting things off your list.

[wxa7115]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

The issue here is that there is an opportunity cost for everything we do and this must always be taken into account, for example if I sleep an additional hour each day then that is an hour I cannot use for anything else, the same is true for money, we will have a limited amount of money during our lifetimes and we need to use it as effectively as possible.

So we need to wonder what is the best option now, buy a house or buy bitcoin with that money? To me the best option is to buy bitcoin and delay buying a house for a long as possible, after all if an economic crisis hits the world the price of houses will go down while the price of bitcoin will go up and you will be able to buy the house you want while still retaining some of your bitcoin, so I am not so sure I agree with the strategy you are proposing since you will have to pay the opportunity cost of not getting bitcoin if you buy something like a house now.

[CryptopreneurBrainboss]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

Interesting, I doubt there's anyone that is financially capable of doing something and they wouldn't do it especially when it has to do with the examples you gave instead it's those that aren't financially stable that get encountered with such problem. Understandable the OP is discouraging procrastinating which isn't a wrong thing as those guilty of this act has regretted in the past.

Having to cross things off your list doesn't automatically mean they have to be things far above your financial capability. You could cross grocery shopping off your list and this will help with knowing what to do with the spare funds. People often find it difficult to invest because they are always in need of the cash at hand due to their needs/wants haven't been taken cared of.

[Fatunad]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

But not all would really be that capable on buying out everything that they do have in mind which means waiting will really be next in line because not all would really be financially capable on doing so.
Yes, you do really need certain things and since we do talk about Car,House and equipments which turns out not to be cheap then this is why people do really need to save up before they
would able to attain and that what makes them took longer which is understandable and we shouldnt really rush them up because we arent always the same
when it comes to finances.

[Piggymonster]

---snip---

Yes, the effects of inflation that badly affected our finances, forces us to cut out luxuries and tighten our belt to keep up with the rising cost of living. So we must be smart on spending and focus only on the needs not on wants or desires, but if it can still fit your budget then why not? However, buying things impulsively can lead to many buying mistakes, chances are you are paying too much for it since you did not take the time to shop around for better deals. There are many things to consider before purchasing something like Does this item have a purpose? Do I really need it? How long will it last? Is there a better option than buying this? Things like these need much time to think about, for example like buying a car, it is not an asset but more of a liability and car has a depreciating value. Why not opt for a public transport you can save up to four times the money you use commuting in your private or personal car. Live a comfortable life not a wasteful one, do not spend to impress others, focus on what you actually needs.

[Xampeuu]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

But not all would really be that capable on buying out everything that they do have in mind which means waiting will really be next in line because not all would really be financially capable on doing so.
Yes, you do really need certain things and since we do talk about Car,House and equipments which turns out not to be cheap then this is why people do really need to save up before they
would able to attain and that what makes them took longer which is understandable and we shouldnt really rush them up because we arent always the same
when it comes to finances.

In essence, everyone must have a future life plan, just like a house where there are still many disadvantaged people who don't have a home, so they have to save to make it happen. but it would be better if they invest, so it will be more helpful to ease the problem of financing. and to manage it we must have good financial management

[ifarted]

---snip---

~

In essence, everyone must have a future life plan, just like a house where there are still many disadvantaged people who don't have a home, so they have to save to make it happen. but it would be better if they invest, so it will be more helpful to ease the problem of financing. and to manage it we must have good financial management

Yes, it could make a person's life easier by investing but what if he/she doesn't know how investing works and gets scammed?. We don't risk what we only have left. It isn't worth a try if you are having a financial problem especially if you're poor. I mean it could be good for you if you know how investing works and stuff.

Either way, Fatunad is right. We can't just simply buy what we have in mind. Even if it is already planned ahead of time, it would still take a long time to achieve what you want by saving especially such things like house and car. Buying immediately the things that have in mind only works for rich people.

[molsewid]

But not all would really be that capable on buying out everything that they do have in mind which means waiting will really be next in line because not all would really be financially capable on doing so.
Yes, you do really need certain things and since we do talk about Car,House and equipments which turns out not to be cheap then this is why people do really need to save up before they
would able to attain and that what makes them took longer which is understandable and we shouldnt really rush them up because we arent always the same
when it comes to finances.

Exactly mate, we have our different level of financial capacity which measures even how much some of us wanted to get the thing that they wanted to get sometimes there are something much more important to be prioritize of like necessities. We do also have a famous line of "delaying gratification" which means if the certain thing that you wanted to get or you have in mind wasn't that really important it is better to delay things until there are extra money you have that you can use to get it.

[wxa7115]

---snip---

Yes, the effects of inflation that badly affected our finances, forces us to cut out luxuries and tighten our belt to keep up with the rising cost of living. So we must be smart on spending and focus only on the needs not on wants or desires, but if it can still fit your budget then why not? However, buying things impulsively can lead to many buying mistakes, chances are you are paying too much for it since you did not take the time to shop around for better deals. There are many things to consider before purchasing something like Does this item have a purpose? Do I really need it? How long will it last? Is there a better option than buying this? Things like these need much time to think about, for example like buying a car, it is not an asset but more of a liability and car has a depreciating value. Why not opt for a public transport you can save up to four times the money you use commuting in your private or personal car. Live a comfortable life not a wasteful one, do not spend to impress others, focus on what you actually needs.

And this is why so much people are indebted to the point that any small crisis is more than enough to cause financial ruin for them, there is a big difference between needs and wants, and people have trouble distinguishing them, the truth is that compared to our wants our needs are way smaller and can be easily fulfilled.

It is because people confuse wants with needs that causes them to get into financial trouble, by buying a house way bigger than what they can afford or buying a car when public transportation can be more than enough to cover their needs to travel and it is a cheaper option as well, so before making any significant financial move we need to always consider if this is a real need or if this is a want and reduce our expenses accordingly.

[The Sceptical Chymist]

IMO the new trend today isn't saving anymore, instead invest your money where It could give you good returns rather than letting it sit to a safe deposit vault and only earn 2% interest annually.

Yeah, it's the new trend (it's not actually new, though) because the markets for stocks, crypto, and all sorts of things are soaring at the moment and interest rates are low.  And boy, there's no bank I know of near me where I could earn 2% interest on a savings account.  I think every bank in the US is offering sub-1% interest rates even on CDs and other savings products.

OP has a good point, though if we took it to the extreme it would mean spending any excess cash on non-perishable goods like cat food or things like that, i.e., buy up all the things with a long shelf life before prices go up.  That isn't something I tend to want to do.  I also think buying a house or a car right now might be a bit risky, as the real estate market is kinda hot and the auto market might be as well--but if you need a car, you need one, and I wouldn't argue against buying one.

But what if you need a graphics card?  Wouldn't you want to wait for something like that?  Prices for those are super-inflated, but not because of overall inflation; it's because of demand, which will probably drop over time.  Just thinking aloud.

[freedomgo]

---snip---

Yes, the effects of inflation that badly affected our finances, forces us to cut out luxuries and tighten our belt to keep up with the rising cost of living. So we must be smart on spending and focus only on the needs not on wants or desires, but if it can still fit your budget then why not? However, buying things impulsively can lead to many buying mistakes, chances are you are paying too much for it since you did not take the time to shop around for better deals. There are many things to consider before purchasing something like Does this item have a purpose? Do I really need it? How long will it last? Is there a better option than buying this? Things like these need much time to think about, for example like buying a car, it is not an asset but more of a liability and car has a depreciating value. Why not opt for a public transport you can save up to four times the money you use commuting in your private or personal car. Live a comfortable life not a wasteful one, do not spend to impress others, focus on what you actually needs.

And this is why so much people are indebted to the point that any small crisis is more than enough to cause financial ruin for them, there is a big difference between needs and wants, and people have trouble distinguishing them, the truth is that compared to our wants our needs are way smaller and can be easily fulfilled.

It is because people confuse wants with needs that causes them to get into financial trouble, by buying a house way bigger than what they can afford or buying a car when public transportation can be more than enough to cover their needs to travel and it is a cheaper option as well, so before making any significant financial move we need to always consider if this is a real need or if this is a want and reduce our expenses accordingly.

Having your own house and your own car is definitely a dream every man wishes for. But considering you still have other means that are more important than them, then you should still set aside them so you can attend to your needs rather than fulfilling your wants. I just hope things will be much easier that you can easily want to accomplish your wants or even dreams in life, but knowing the fact that you still lack the finances, then maybe it will open up the reality that its better to suit yourself now on what is available.

[magnum1010]

That's right that because of inflation, prices grow and we can't buy something for the same price we could before. Nevertheless, there are countries with deflation such as Japan, what is more, there can be sales in the future so you will buy it for a lower price. Sometimes there are cases when there is lack of something on the market, prices are high but then some goods are in abundance again and prices decrease.

[wxa7115]

---snip---

Yes, the effects of inflation that badly affected our finances, forces us to cut out luxuries and tighten our belt to keep up with the rising cost of living. So we must be smart on spending and focus only on the needs not on wants or desires, but if it can still fit your budget then why not? However, buying things impulsively can lead to many buying mistakes, chances are you are paying too much for it since you did not take the time to shop around for better deals. There are many things to consider before purchasing something like Does this item have a purpose? Do I really need it? How long will it last? Is there a better option than buying this? Things like these need much time to think about, for example like buying a car, it is not an asset but more of a liability and car has a depreciating value. Why not opt for a public transport you can save up to four times the money you use commuting in your private or personal car. Live a comfortable life not a wasteful one, do not spend to impress others, focus on what you actually needs.

And this is why so much people are indebted to the point that any small crisis is more than enough to cause financial ruin for them, there is a big difference between needs and wants, and people have trouble distinguishing them, the truth is that compared to our wants our needs are way smaller and can be easily fulfilled.

It is because people confuse wants with needs that causes them to get into financial trouble, by buying a house way bigger than what they can afford or buying a car when public transportation can be more than enough to cover their needs to travel and it is a cheaper option as well, so before making any significant financial move we need to always consider if this is a real need or if this is a want and reduce our expenses accordingly.

Having your own house and your own car is definitely a dream every man wishes for. But considering you still have other means that are more important than them, then you should still set aside them so you can attend to your needs rather than fulfilling your wants. I just hope things will be much easier that you can easily want to accomplish your wants or even dreams in life, but knowing the fact that you still lack the finances, then maybe it will open up the reality that its better to suit yourself now on what is available.

While I would like for our wants and needs to be more easily fulfilled this is not possible, after all as you stated many people have similar goals, this means that everyone is looking for the same, which means the competition for the things that you may want is fierce and if someone is not willing to put the effort necessary to achieve them then they will lose those very same things against someone else that is willing to do so.

This means that you either limit those goals on purpose to make them easier to achieve for you, work harder to get them or accept the possibility you could not reach your goals, something no one wants to think about but which is common as not everyone is able to achieve what they want for their lives.

[Dewi Aries]

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

I think wait for something like what OP mention is consider as a plan which we can take. I mean we don't need to hurry and cut that things off from our list because we can get cheaper and better. Not means i am not agree with OP, but buying something in hurry although we already have the money to buy it is something that can postpone, we can research more for other factor and can get better quality or any kind like that.

[perfect999]

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.

[Quidat]

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.

If you dont know on how to balance in between your wants and needs then you would be fucked up in near future on the time that you do realize that you had already some problem with your finances thats why you should really be that wise on handling out your money
so that you wouldnt really experience any hardship or unfortunate events which would cause up on wrecking your life.

[Fortify]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

Some of what you're saying is true - the basic idea that making lists is a useful aid (often preached by very successful people) but some of the things you describe are not necessarily right. "Buying a house" for most people requires saving up a deposit that can take years and even then, take a few months to close the sale. It is not something you should rush and is often the biggest purchase that people ever make in their life - not something to be taken lightly at all. Cars and even electronics can be frivolous items in many cases too, you might not need the super high spec BMW or teched out fridge that you first stumble upon so it's worth doing a good amount of research on these big ticket items or you can regret spending too much a few weeks later. List building should be thought of on a much smaller, day-to-day scale, not for these mega items.

[Kasabus]

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.

If you dont know on how to balance in between your wants and needs then you would be fucked up in near future on the time that you do realize that you had already some problem with your finances thats why you should really be that wise on handling out your money
so that you wouldnt really experience any hardship or unfortunate events which would cause up on wrecking your life.

There are really some instances that even if you have all the means, but knowing it will not be very necessary for you, then you should know how to balance weigh things well. Its not that once you have the funds, you'll eventually buy it before your money disappears. There are other things that we still need to consider like preparing for those unpredictable things that may happen anytime. I think its really basic for those people who are anticipating for the future's unexpected events, but for those who are used to lived thinking only at the present times, they will surely do things without thinking its future consequences.

[Hippocrypto]

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.

If you dont know on how to balance in between your wants and needs then you would be fucked up in near future on the time that you do realize that you had already some problem with your finances thats why you should really be that wise on handling out your money
so that you wouldnt really experience any hardship or unfortunate events which would cause up on wrecking your life.

At least we must have skills in managing finances for ourselves,
I think needs are the main thing to be fulfilled because if we are only obsessed with desires, I don't think it's the right decision,
if you can't manage money, at least we try to learn

Indeed. It is very important for us to know how to manage our finances for us to provide the things we needed for our daily living. I, myself don't think even buying my own desire first before buying things that my family needed. If you will think other people especially your family before thinking of the things you want then I guess your learning about it and it was the best decision Indeed.

[Botnake]

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

That’s true, but sometimes before you take such a step you should calculate between your needs and wants, because some of these things are not your needs, and that’s why you would probably be having a second thought about them. And judging from how much is in your pocket, if you feel that buying any of the things you have on your list would affect your financial stability at the moment, then it is best to leave it for and plan for it later. You can even decide to start locking a bit of money aside for that particular thing and when it is complete, you can then go ahead to pay for it.

If you dont know on how to balance in between your wants and needs then you would be fucked up in near future on the time that you do realize that you had already some problem with your finances thats why you should really be that wise on handling out your money
so that you wouldnt really experience any hardship or unfortunate events which would cause up on wrecking your life.

At least we must have skills in managing finances for ourselves,
I think needs are the main thing to be fulfilled because if we are only obsessed with desires, I don't think it's the right decision,
if you can't manage money, at least we try to learn

Not just in managing our finances, but be able to prioritize too our needs more than our wants. I think buying a house, a car, or any furnitures can wait, but not our basic needs because without them, we will no longer survive. We can still achieve our desires in the future by starting to save little by little today. At least you can put any amount on it as long as its not needed necessarily. But always prioritize those things that are basic and are needed for daily living.

[jaberwock]

There are really some instances that even if you have all the means, but knowing it will not be very necessary for you, then you should know how to balance weigh things well. Its not that once you have the funds, you'll eventually buy it before your money disappears. There are other things that we still need to consider like preparing for those unpredictable things that may happen anytime. I think its really basic for those people who are anticipating for the future's unexpected events, but for those who are used to lived thinking only at the present times, they will surely do things without thinking its future consequences.

I always force myself to be living like a poor person because I am not wealthy and I still want to put money aside. I mean even when there is a big problem and I should not invest into anything, I still force myself to invest. Why? Because, I do have enough funds aside for "just in case" days, and yes I create debt, and I have problems, hell I would sell my car before I sell my coins, that is literally how much I believe them. This way, I do have debt and not living a rich person's life but I would not be rich anyway, so instead of being maybe below decent at best, I live a poor life but I end up with a rich man's bank account in the future.

If I had bad investment past then I may have focused on something else but I have made nearly 10x profit so far and that's proof enough that I could make a good profit, this is not just one day or two days neither I have been here for 8 years and made so much more profit before this one as well. Hence I believe that I will one day be a rich person thanks to living like a poor one now.