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Author Topic: Money is for the important things  (Read 1111 times)
Doan9269
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March 01, 2023, 02:49:11 PM
 #61

We spent money sometimes on things we cannot account for and then people assume them to be money wasted on them, but on a reality base, we must be responsible for anything we spent our money for because we know what it takes to get money whenever we are in need and the work we do that fetch us money should also be considered in other not to always renders our efforts in vain whenever we work, make money and spend the money on unnecessary things that are unaccounted for.
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March 01, 2023, 04:22:48 PM
 #62

You're right, don't spend on something that's just for nothing. We should not be extravagant and careless shopping. We must remember our future life, what impact will we experience if we still live a wasteful lifestyle and only do something in vain.

People now a days are really buying those expensive things to show off in social media. I myself don't understand it, but it is because they want attention. It is okay to live those wasteful lifestyles if they are very rich, as they can do it, but for us, that is only getting enough, and if we do that we are just wasting money. I do really see some people in social media doing those expensive things, for which I know they take out a loan just to do it. I am glad that I am not really into social media, and I just want to spend my money on things that I need in my life or for my family.
The capitalist economy has succeeded in creating a consumer society par excellence. The same society that was before the capitalist era used money to buy its basic needs, where a very small group of society had financial surpluses to buy luxuries.
The policy of free markets helped in establishing excessive consumption patterns, helped by the modern media that present stimulating messages (advertisements) that encourage more consumption.
Economic psychologists provide explanations for all these consumer phenomena and assert that the consumer habits of a particular society or class of society without changing the entire economic model. The matter cannot be studied objectively based solely on personal experience. This is a societal phenomenon similar to an epidemic.
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March 01, 2023, 04:49:36 PM
 #63

The role of money in a man's life is crucial. When you have money, you can use it to purchase the shoes and clothing you want. like going to clubs or visiting your ideal destinations. Nonetheless, spending money on worthwhile endeavors rather than frivolous ones, such as investing, is one approach to ensure financial security. A other strategy that, when engaged in, can unquestionably help you reach your aim of making a lot of money is the purchase of landed property.

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isaac_clarke22
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March 01, 2023, 05:09:03 PM
 #64

~
Well it could either be that I am spending too much on something that I don't really need or I primarily focus on things that are just needed and kind of "over-saving" myself. Your happiness is what matters the most at the end. If you have a spare money to buy what you want, do it right now as long as you can still pay your next bill/s.

You cannot bring your money in your grave and we all know that we are all going to that point.
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March 01, 2023, 05:26:58 PM
 #65

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
It is essential to have a healthy relationship with money, to understand its worth and to use it wisely to achieve realistic goals that align with your values and priorities. Saving for retirement, paying off debts, creating an emergency fund, investing in education or career development, and supporting causes that are important to you are all common financial goals. Balance present enjoyment with future planning, while avoiding excessive debt or overspending, which can cause stress and limit your options.
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March 01, 2023, 05:50:08 PM
 #66

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
It is essential to have a healthy relationship with money, to understand its worth and to use it wisely to achieve realistic goals that align with your values and priorities. Saving for retirement, paying off debts, creating an emergency fund, investing in education or career development, and supporting causes that are important to you are all common financial goals. Balance present enjoyment with future planning, while avoiding excessive debt or overspending, which can cause stress and limit your options.

Finding that balance is really important. If you can establish this balance, the moves you have already made allow you to live comfortably. I'm trying to keep the value of the money I earn with the increasing inflation lately. If I can achieve this, I plan to act with a better plan after I pay my debts.

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pixie85
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March 01, 2023, 07:51:09 PM
 #67

I would spend on my friends but every time I think about it I feel like there's a rivalry, like they want to show off as having more than I do and they wouldn't spend on me outside of buying food or drinks when we're partying.

It's like a common agreement that we often buy each other treats like one person pays for pizza, someone brings snacks, but although we know each other for more than 15 years we wouldn't buy each other expensive gifts. If I did that they'd feel that I'm on another level and looking down at them. That's why we rarely talk about money, we don't borrow from each other and so on.

What I'd like to have is enough money to feel safe. To know that I can leave at any moment and still have enough cash and bitcoin to start my life somewhere else. That if something happens I will be able to pay for medical treatment for my family members, that if I get into a car accident I'll be able to buy a new car. I don't want to show off, I want to feel safe.
Ultegra134
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March 01, 2023, 08:10:10 PM
 #68

Unfortunately, money is a vital asset and is necessary to enjoy a comfortable life. Whether we like it or not, money has the power to determine our lives since everything revolves around it. However, being obsessed with it and setting its accumulation as our primary goal can be disastrous for ourselves. I don't want a larger house or a luxury performance car; I want to have a comfortable life without having to worry about running out of money, while at the same time being able to afford a vacation or spending it on those I love, thus, as other users already mentioned, it's important to find the right balance for everything.

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savetheFORUM
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March 01, 2023, 09:10:59 PM
 #69

At some point, a person grows up. He understands that he already has an apartment, a car, clothes, and, most importantly, free money that he can afford to spend. But you're already reluctant to spend on yourself, and this is not because there are no desires—a desire to buy something better, maybe always—but there is a question: why do I need this if what I have works well?
This is what is happening to me. The main thing is both children and parents, and is for them that the desire to make life better and easier never stops. And there are always ideas on where to spend your money with pleasure if it is spent on your loved ones. In this, I think we are similar, and it is not for nothing that I pay attention to your posts so often. Smiley
It sounds like you're going through a period of self-reflection and considering the value of your possessions and wealth. I can totally relate with you and agree that it's understandable to feel a sense of contentment with what you have and to question the need for more material possessions.

It's admirable that you, just like me, prioritize your family and loved ones and seek to improve their lives. I also believe that spending money on experiences or gifts for those closest to us can bring joy and strengthen relationships.
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March 01, 2023, 09:38:10 PM
 #70

We spent money sometimes on things we cannot account for and then people assume them to be money wasted on them, but on a reality base, we must be responsible for anything we spent our money for because we know what it takes to get money whenever we are in need and the work we do that fetch us money should also be considered in other not to always renders our efforts in vain whenever we work, make money and spend the money on unnecessary things that are unaccounted for.
Other people may not like to judge us because we have money to buy anything from income or savings, we have dreams to buy something we want to achieve and we are responsible for that decision, even though other people consider it a waste of money but we have other funds for emergency needs and investment funds so what we buy is not related to the allocation of other funds, we also have to have passive income to cover big expenses and nothing is in vain if we enjoy income from work to buy our dream items, but we should consider not buying it if the price is above 30% of the amount of savings.

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March 01, 2023, 09:58:11 PM
 #71

I have a few things that I want to buy but none of these is urgent. This is the main reason why I invest in bitcoin because I know I might need money in future but I don't need it now.
When you know bitcoin will grow in value over time investing becomes something clear and obvious because it can take 5 years before you can take some profit but eventually you will.
I'm not spending my money, I'm still saving. I know that one day I'll be too old and too weak to think of working and that's when all of this will come into play.

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March 01, 2023, 11:30:28 PM
 #72

I have a few things that I want to buy but none of these is urgent. This is the main reason why I invest in bitcoin because I know I might need money in future but I don't need it now.
When you know bitcoin will grow in value over time investing becomes something clear and obvious because it can take 5 years before you can take some profit but eventually you will.
I'm not spending my money, I'm still saving. I know that one day I'll be too old and too weak to think of working and that's when all of this will come into play.
Yes, we cant really that be so assure that our kids would really be looking back at us on the time that we are old and having no job for us to support ourselves.We've seen the worst where
old people being abandoned by their children and this is why its really that important that savings is a must while you are still young because you dont know on what comes next.
Now its better to have other multiple source of income so that you do have the chance or ways for you to save up at least for future plans.
Stay fit and healthy and live according to your means and not into your wants.

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March 02, 2023, 11:33:23 PM
 #73

Wise people should set priorities in their lives. It's not reasonable for someone to buy a car when they can't guarantee a steady source of income to meet daily expenses. However, everyone has the right to have a car or  luxury things that make them feel happy and comfortable, but not on the back of other important needs. Personally, I put my expenses and education needs first, then found multiple sources of income. After that, I bought a car, and all that happened thanks to crypto.

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March 03, 2023, 01:28:10 AM
 #74

The role of money in a man's life is crucial. When you have money, you can use it to purchase the shoes and clothing you want. like going to clubs or visiting your ideal destinations. Nonetheless, spending money on worthwhile endeavors rather than frivolous ones, such as investing, is one approach to ensure financial security. A other strategy that, when engaged in, can unquestionably help you reach your aim of making a lot of money is the purchase of landed property.
That's really not wrong at all, because in this day and age it will be difficult for all humans to move to do an ideal job without having money in their pocket. So it is very natural if money is considered as an important role in human life because in reality it is. And besides being able to buy all the necessities needed, everyone can also open a business that they like with money and that allows them to continue to earn other money in their life to open more businesses or in savings to make their life more comfortable in the future.

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March 03, 2023, 01:34:25 AM
 #75

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.
We need to admit the truth we are thinking more towards for us than others with us compared to few decades back so people are attracted to things like you said luxurious car, branded clothes, watches and the list is being endless. Atleast we should back them when they are in need and I hope I am in that way and also I don't try to put down other for my progression.

Health care is very important these days so taking the appropriate health insurance for our family members ensure their life safety in case of an emergency.









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.
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happen or be a part of it"

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lienfaye
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March 03, 2023, 03:19:14 AM
 #76

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
As i'm getting older and after having my own family, my priority and focus are solely for my kids to have a better future. I'm saving and investing for them because I don't want them to go through the hardship that I had when I was younger.

Hence, I always prioritize the needs before wants and I can say i'm good in managing our finances. Though I still make sure to reward myself from the things that can make me happy.

Swordsoffreedom
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March 03, 2023, 03:59:16 AM
 #77

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
As i'm getting older and after having my own family, my priority and focus are solely for my kids to have a better future. I'm saving and investing for them because I don't want them to go through the hardship that I had when I was younger.

Hence, I always prioritize the needs before wants and I can say i'm good in managing our finances. Though I still make sure to reward myself from the things that can make me happy.
Big house, luxury car, wearing branded clothes, or eating in restaurants… we can say we work, save, and invest just to achieve those things. I believe that is everyone's dream and desire, no one doesn't want it. But when our life is difficult, we can't achieve those things, so we consider those things as waste. For those who can't afford it, it's wasteful spending, but for the rich, it's normal.
The future of our children should be a priority, but when I achieve financial freedom, I will also spend on those things, that is a goal for all of us, not just my own.

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March 03, 2023, 04:06:26 AM
 #78

Estate business, Bitcoin and family are my major dreams which I'm very ready to spend all my money to get all those things done, so that I will have a bright future that will make me to celebrate when the old age come. I have invested a huge amount of money on Bitcoin some years ago, when the price was very low in the market but I believe the price will definitely increase higher before the end of this year 2023 to enable me to achieve huge reward from my investment. I have also invested in my family members which there is a hope for me when they get there in future, they will never forget the assist I gave to them in financial aspect.

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March 03, 2023, 04:09:46 AM
 #79

Have you checked your attitude towards money lately? What is "your dream"?  bigger home, a bigger car, private schools, branded drink, gold?...
As i'm getting older and after having my own family, my priority and focus are solely for my kids to have a better future. I'm saving and investing for them because I don't want them to go through the hardship that I had when I was younger.

Hence, I always prioritize the needs before wants and I can say i'm good in managing our finances. Though I still make sure to reward myself from the things that can make me happy.

As we are getting older, we are now more invested in the future and taking care of our family. Before, when I still didn't have family or a daughter, my goal was always to party and drink hard every day. not in my mind, saving money or buying appliances for my future family weren't priorities. But now, even though I haven't fully regretted it, if I had saved that money and also bought things like appliances, we would be doing better now. We really prioritize our family first, even if we need to sacrifice ourselves just to give them a better life. My goal right now is to have our own home and live peacefully.
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March 03, 2023, 10:51:23 AM
 #80

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.
The time for having a good income, buying a house, getting a car, having a good life, and all of that is far behind now. Sure in first world nations maybe some people could join the work force at 22 and could buy a house until they are 40, it is possible. However in my nation one house worths 500 months of my salary, 500! And that's today, and it is the whole salary as well.

This is proof enough that I won't be buying a house, thankfully my parents had one, but I wouldn't be able to buy one as it is right now. This is why I think this whole "rich dad poor dad" logic has died, we just need to find a way to live a life that we are happy with, and just peacefully die, that should be our goal.

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