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Author Topic: Money is for the important things  (Read 1199 times)
paxmao (OP)
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February 27, 2023, 01:36:55 PM
Merited by inthelongrun (1)
 #1

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...

Money for for things that are important in life: you family, your people, health, well being, ... Do not be afraid to spend the money on your people when they really need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.

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February 27, 2023, 01:43:35 PM
 #2

Land, properties like houses and lands. There is important one too that I have not mentioned yet which is bitcoin and also some altcoins that are of good marketcap which I believe can make me 10x or more in some years to come.

I do not like spending money on things like cars because I do not have the money yet, if I have money for it I can buy myself a car to make things easier for me but I just do not joke with something I think its value will increase with time.

With the little that I have as for now, I will prefer to use it to invest on bitcoin and good marketcap coins because they are easy to buy.

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February 27, 2023, 01:59:27 PM
 #3

As long as the money doesn't cause me stress, that's enough for me. Although the more money you have, the more options you have and the more things you can do. And, yes, I often prefer to spend it on experiences, like with people I care about, rather than on things like cars and clothes, as you mention.

In reality, the car is often the biggest source of financial stress, especially for the middle class, and this is something that many people do not realise. Never buy a car to show off, get one that is reliable and that you can afford.
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February 27, 2023, 02:12:16 PM
Merited by ajiz138 (1)
 #4

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
Incidentally, 1 week ago I decided to move from a rented house in the city center and returned to my hometown because I had finished building the small house of my dreams with my wife and children. This made me think that for 1 whole year I spent money on renting a house that I couldn't own. Decisions had to be made which turned out to be costly in the city, making spending even more wasteful.

For now, 2 wheel transportation is enough for me. Owning a car is ideal, but the taxes are much more expensive. Reducing unnecessary purchases makes me feel more economical. The cost of living in the village is quite economical and so far I know the difference between the cost of living in the city and in the countryside.

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February 27, 2023, 02:18:54 PM
 #5

Honestly I don't have any dream, I work for money, I invest my money to make more money, but I never bought any expensive stuff that will not be useful for my life. Actually I use my money like a middle-low class where I only want to buy a cheap healthy foods and buy a quite expensive materials in order to use it for long time, I will never buy new materials as long as the old one still can be used without any problem.

But I'm happy with my life, I think I can enjoy my life without expensive products and flex my wealth to the public.

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February 27, 2023, 02:30:07 PM
 #6

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?

I've learnt this as a lesson for some while ago about money and how we spend them, it is believed that money has it own season of flow whereby each individual is place on the advantage opportunity to utilize the money for valuable things while it lasted, once the flow stops then what is left is the things we have engaged it doing while it flows, but many never reason it this way that money can stop or cease to flow, this is why we should understand that nothing lasted forever because nothing is permanent.

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February 27, 2023, 02:42:55 PM
 #7

Money depends on what kind of person you are. If you just wanna live peacefully, you can spend all your money on your wife, sons, and daughters and even on your grandsons. And provide them with all your wealth and buy them 10K hectares of a farm for thier future.

To some, Money is power. For someone who is an attorney with money, he can sue you and take your property and tell the police officers you are a criminal with 10 lbs of cocaine under your bed all because he hates you and he wants your girlfriend.

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February 27, 2023, 02:57:57 PM
 #8

Recently, I've been urging myself to get a car (which I can't afford) as I want comfort while riding or going places, but I've thought about it over the week and it turns out it is necessary, and what you've said will last for 10 years or make my life comfortable. Now I am urging really first to provide for the needs of my family and hoping to build a house because we are just living right now with relatives of my wife and I want to have our own comfort. I also want to start a business for my wife and add more funds to hold in bitcoin.
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February 27, 2023, 03:04:24 PM
 #9

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...

Money for for things that are important in life: you family, your people, health, well-being, ... Do not be afraid to spend the money on your people when they need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.
I don't need a big house, expensive cars, or designer clothing because they are not my priorities. I just need a small house that accommodates me and my family. A fairly used car or discounted clothing is ideal for me. It is not where you live but how you live and not what you wear but how you wear it. I focus on buying durable and quality things and not necessarily flashy or beautiful designs.

My main aim is to contribute positively to my community and keep some investment for my children that will at least support them financially. That is why I must cut every irrelevant expense that will reduce my savings and investments.

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February 27, 2023, 03:06:56 PM
 #10

My big dream is to have assets for the long term that I want to maintain, for example property, houses, gold, insurance, etc.

I'm still trying to work to earn money so that my dream can be achieved in the next few years. Of course, the most ideal thing is a big house for my own family to make it look more comfortable and peaceful for them. I know it's not easy, however we have to be able to manage it. financially properly and don't be too stupid to spend just because of lust while the important thing is that it will mean now I'm trying to live a simple life so I can adjust more and not be too interested in luxury items if indeed my income is still not enough for those needs.

To be able to achieve this goal is to save and invest as early as possible so that in the next 10 years you can experience significant results, which means you can bring more meaningful goals.

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February 27, 2023, 03:17:01 PM
 #11

it is difficult for me now to dream about something more and make a wish for the future, since the situation in the country is not the best right now.So far, my plan is to earn everything I can to provide myself with a more or less peaceful life and that would be enough for basic expenses.My dream is a country house that I will definitely build the way I want, and I think it is quite possible to do it for a period of up to 10 years.

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February 27, 2023, 03:28:51 PM
 #12

I want to buy a house and a car for these 1-2 years and make my parents happy by taking them abroad. And until now, I'm still trying to save money by not spending on things I don't need. And that's why I still need money today and keep trying to earn it. Hopefully, by being in crypto, I can fulfill my goals and dreams and I want to see smiles from my parents when they are happy. And to get there, I'm still investing in bitcoin and altcoins and a few other things to diversify my assets.

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February 27, 2023, 04:27:48 PM
 #13

Happy family is my main goal, as long as it makes them happy and makes sense to do, then I will do everything for their happiness. Henceforth I place items that will be useful in the future, home is the main thing because everything we do will definitely start from there, next is land, I think land will be very useful in the future. Now in my country, development is everywhere and even land prices are rising every year, especially if it's in urban areas we will spend a lot of money just for a piece of land. My dream is to have a piece of land in the countryside, I will use it for agricultural land.

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February 27, 2023, 04:31:07 PM
 #14

I dream a lot for the future, including happy family for the sake of their enthusiasm but can only try in that dream for how to manage money correctly and save means we must be able to invest in the future but at this time I am sure what is invested in Bitcoin in the next 10 years will be their hope for my own family to realize a large gift including luxury homes and the car you want to travel far and therefore I will continue to invest because here in my opinion it will find a pretty good opportunity rather than saving on Fiat.

I am currently still working in a company because I know this is my needs in every month.
Small businesses are still working but cannot be relied on because they are still pioneering to be even better.
Finally I continued to invest in Bitcoin for the long term I know Bitcoin can change our lives for the better, including buying luxury items that are dreamed of.

The time now is to be patient and keep working hard to continue to pile up your wealth, don't ever be lazy if we work hard will not betray the results.

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February 27, 2023, 05:40:43 PM
 #15

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...

Money for for things that are important in life: you family, your people, health, well being, ... Do not be afraid to spend the money on your people when they really need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.
There's this great guy that I used to look up to, who in his old and frail days told something so profound I still think about it sometimes. "Money is meant to be spent", is what he says. Simple but holds so much value. You only have one life to live, don't spend it sitting in front of the desk working all your life and yourself to death. Not saying you should be a bum and forget about everything in exchange for experience, I'm saying you should look outward, find other sources of income that would allow you to have more freedom. That way, you can go out there and take yourself to adventures and experiences you have never seen. Bitcoin and the cryptocurrency industry as it stands today is a prime candidate for a venture that you might wanna try to expand your career and profit choices. Do yourself a favor.

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February 27, 2023, 08:34:17 PM
 #16

Someone could see that i should be hitting my head in the wall now when i used to buy my kids stuff and decent food with btc in 2015. I remember one trip to a public common swimming hall costing me 0.3btc. But i don't regret it. That small luxury time that i get to spend with them, taking them to movies  when i was broke is something i can't put any price on. I could have saved everything and spend it now but that wouldn't give me same good memories that i got to do with them when they were kids.

And it's not like i spend it all. I spended a lot on ath as well.

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February 27, 2023, 08:50:12 PM
 #17

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...

Money for for things that are important in life: you family, your people, health, well being, ... Do not be afraid to spend the money on your people when they really need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.
Well. In as much as I believe that you are absolutely, right, I still think that one of the reasons we earn money is to enjoy life and the beautiful things it offers, and for me, having a family is a beautiful thing and taking care of them is an opportunity to enjoy life, achieving goals, wearing good clothes, shoes, eating good food, going to beautiful places with your family, having a good home, riding the best of cars as long as you can afford and maintain it without depriving your family the good life they need..
All this are very essential for us to really enjoy life and make it worth living.

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February 27, 2023, 08:50:16 PM
 #18

Money for for things that are important in life: you family, your people, health, well being, ... Do not be afraid to spend the money on your people when they really need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.
There is a saying that goes, "After God, its Money". More like saying, money rules the earth. Somehow, some of us don't accord monet the sort if respect it deserves you know. I mean, I spend a great deal on what I feel is a necessity but, its really hard to tell what isn't these days. The thing is, your permitted to spoil yourself sometimes, to give yourself the Co.fort you deserve and can afford but, not more than often. You ought to make provisions to ensure hwta goes out has got another pathway of coming in, replacing what has gone sort of. Else, you just ain't using konet right or should I aay, awarding it the respect it deserves.

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February 27, 2023, 09:50:18 PM
 #19

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...

Money for for things that are important in life: you family, your people, health, well being, ... Do not be afraid to spend the money on your people when they really need it, but be wary of spending it on stupid things and if you think your car and your clothes are important, you may want to start thinking if you have any significant goal in life and where does it get you in the next 10 years.
This is why I don't put my family on a limited budget. Whatever they like as long as it's on the range of what I've got, I'll take and buy it for them whatever the amount is.

Because we've learned as we grow up that we need to be wise with our spending habits and we didn't have that much when we're younger. Nothing wrong thinking that cars and clothes are important. They can be part of an income generating business for which you use the car for transport and clothes are authentic and can resell.

It's all about what we do and sometimes, on a rare occasion if you want to spend on something unusual you can do that if you've got spare money. You need to treat yourself as well for things that you want to have but remember, on a very rare moments.

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Hydrogen
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February 27, 2023, 11:08:03 PM
Last edit: February 27, 2023, 11:34:08 PM by Hydrogen
 #20

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...


Most of our modern culture revolves around derivatives of consumerism. We're encouraged to have a credit card at a young age and spend ourselves into as massive a pile of debt as possible. Our role as consumers is emphasized over all other aspects of the economy. This current arrangement relies heavily upon globalism and global markets. Our system of consumerism could be trending towards lower sustainability due to rising fossil fuel costs making it more difficult to outsource manufacturing and production to regions with low cost labor.

As a result of current day market trends, I think my attitude towards money should naturally be to reduce my role as a consumer and become more involved on the production side of things. Anything to do with boosting local manufacturing and production is where I want to be. Whether this ends up being profitable over the long term isn't particularly relevant. As it may be necessary to survival. I'm not certain exactly where others stand on this topic, as most are not being as forthcoming with their opinions as they used to be.

But if I had to pick something to invest in over the long it would probably be local production and manufacturing sectors which could see a healthy boost if globalism falters as some are predicting.

If we live to see a steep decline of consumerism coupled with a rise of producerism it may be nice to be on the uptick side.
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