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Author Topic: Is some certain lifestyle a waste of money and time ?  (Read 1339 times)
Nwada001
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April 07, 2023, 01:00:56 PM
 #121


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They are spending on something that they could afford and lets just accept the fact that there are really people who are really that earning more than us, whether you are on the same job but their family status
According to the OP, the total estimated cost of their gathering is close to, if not even equal to, their monthly salary. 
Unless those men have other sources of income, just as you have suggested, which the OP is not aware of, if they do not, they are actually living a lavish lifestyle that is above their pay grade, which in a normal sense is really not a good way to live. 

But if they are actually earning from other sources and that amount could just be a penny to them, probably that amount is something less to them but huge to the OP because the OP's income is very low. 

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April 07, 2023, 01:06:14 PM
 #122


~Snip~
They are spending on something that they could afford and lets just accept the fact that there are really people who are really that earning more than us, whether you are on the same job but their family status
According to the OP, the total estimated cost of their gathering is close to, if not even equal to, their monthly salary. 
Unless those men have other sources of income, just as you have suggested, which the OP is not aware of, if they do not, they are actually living a lavish lifestyle that is above their pay grade, which in a normal sense is really not a good way to live. 

But if they are actually earning from other sources and that amount could just be a penny to them, probably that amount is something less to them but huge to the OP because the OP's income is very low. 
We dont know on what story behind of those spendings and also 1/5 of his monthly salary isnt something that too small considering on how many times you would really be drinking together with your friends on weekly basis.Its been stated that 4x a week so that would be almost spending up his monthly salary with just having those weekly meet ups which means that it would really be that risky
if you do make yourself have that spending but if you are really just that been invited then i dont see any issues in related to that.I agree on what Hamphser said above that
if its out of your standard then you could just simply ignore them.

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April 07, 2023, 01:36:42 PM
 #123

of course, such a habit is a waste. if they get together and discuss business or business development, then that's normal, but I think you can do it at your friend's house, or somewhere cheap. However, if I were you too, then I would do the same. maybe an occasional get-together with them would be a good thing. however, if it's most days, and spending a lot of money for nothing, or even just getting drunk, I'd probably look elsewhere.
However, success sometimes starts from the association you have. if your friends are businessmen, then you will be compelled to do business that may be bigger than your friends. however, if the environment you say is like that, well you will also end up wasting money in the end.

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April 07, 2023, 01:46:29 PM
 #124

Bad habits are waste of time and money, especially if you're a man that have his own family.

Those kind of people are immature in my opinion, unless they are a good provider then they can drink, but not much to the point that they don't have time to bond with their kids and wives. Imagine drinking too much instead saving it up for your family's daily expenses. Once you're a family man, you have to be responsible, your family is your priority, not your vices.
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April 07, 2023, 02:07:44 PM
 #125


~Snip~
They are spending on something that they could afford and lets just accept the fact that there are really people who are really that earning more than us, whether you are on the same job but their family status
According to the OP, the total estimated cost of their gathering is close to, if not even equal to, their monthly salary. 
Unless those men have other sources of income, just as you have suggested, which the OP is not aware of, if they do not, they are actually living a lavish lifestyle that is above their pay grade, which in a normal sense is really not a good way to live. 

But if they are actually earning from other sources and that amount could just be a penny to them, probably that amount is something less to them but huge to the OP because the OP's income is very low. 

For people who regularly drink like that, I don't think they have any other source of income. It can be said that I also have a few friends like that, even drinking more than they earn. As far as I know, they do not provide money for family expenses, the money they earn will spend on their own, and the cost of living in the family will depend entirely on their wife's income.

I disagree with what they do, but it's their life, and I don't want to interfere or give advice. I still have a relationship with them, but not too close because I have a lot of work to do, and I earn money for my children.

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April 07, 2023, 02:13:15 PM
 #126


Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
This is your choice, what to do and when, no one can tell you, the most important thing is that you feel comfortable. If you say that one such gathering costs 1/5 of the monthly salary, and this can happen 4 times a week, then it turns out that the salary would be enough for only one week, and besides that, you need to buy food, clothes, pay the bills. Something doesn't add up here, or your friends are earning more, which allows them to live this lifestyle.

Meeting friends is good, whether you drink alcohol or not is only your decision, but paying bills as a friendly gesture is a bad habit. Let everyone pay for themselves, this is a great solution, then everyone will be able to navigate regarding their allowable budget. It is not worth judging people, everyone lives as he likes, this is their life.

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April 07, 2023, 04:01:03 PM
Last edit: April 07, 2023, 04:45:56 PM by CryptSafe
 #127

Well I would say it depends on your personal conviction. Some people adapt to the lifestyle they currently live because of the gains and benefits they derive while some do because of some other reasons best known to them. Your lifestyle is a reflection of who you are as seen by some people but however it does not really change who you are. For instance, some people live a lifestyle based on the hieght they have achieved in the society so therefore anything they do should be of excellence and some flamboyance which does not add any meaning to the normal human but rather a waste of resources.

Nevertheless, as a human there are some certain things you do for fun. For instance, partying, reading etc which builds relationship and gets you aquatinted with more things in life and society. Sometimes you just have to let go to have some experience about something in other for you to learn and know how things works that way. Most times it is not about the money and neither is it by power but rather most times is just for the Goodwill of humanity.

So therefore, your topic seems to be an interesting one because it shows a reflection of how one live their life to be of benefit or something else to mention. It will actually make you know how far you have gone in making things straight for yourself  and the caliber of persons you hangout with it or your association.

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April 07, 2023, 04:36:10 PM
 #128

Well I would say it depends on your personal conviction. Some people adapt to the lifestyle to currently live because of the gains and benefits they derive while some do because of some other reasons best known to them. Your lifestyle is a reflection of who you are as seen b some people but however it does not really change who you are. For instance, some people live a lifestyle based on the hieght they have achieved in the society so therefore anything they do should be of excellence and some flamboyance which does not add any meaning the the normal human but rather a waste of resources.

Nevertheless, as a human there are some certain things you do for fun. For instance, partying, reading etc which builds relationship and gets you aquatinted with more things in life and society. Sometimes you just have to let go to have some experience about something in other for you to learn and know how things works that way. Most times it is not about the money and neither is it by power but rather most times is just for the Goodwill of humanity.

So therefore, your topic seems to be an interesting one because it shows a reflection of how one leave their life to be if benefit or something else to mention. It will actually make you know how far you have gone in making things straight for yourself self and the caliber of persons you hangout with it or your association.

I agree, and more to say about lifestyle: any lifestyle is the waste of money and time, so it depends solely on emotions this time and money bring. There are some people who didn't collect even a $1000 throughout their whole life, and they are happy, since all they did brought them a good mood. The main driver of economy in total is not money - it is psychology, and this driver is combined with time factor and basic needs fullfillment factor. Money is, in reality, a fiction.

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April 07, 2023, 06:29:35 PM
 #129

Well I would say it depends on your personal conviction. Some people adapt to the lifestyle to currently live because of the gains and benefits they derive while some do because of some other reasons best known to them. Your lifestyle is a reflection of who you are as seen b some people but however it does not really change who you are. For instance, some people live a lifestyle based on the hieght they have achieved in the society so therefore anything they do should be of excellence and some flamboyance which does not add any meaning the the normal human but rather a waste of resources.

Nevertheless, as a human there are some certain things you do for fun. For instance, partying, reading etc which builds relationship and gets you aquatinted with more things in life and society. Sometimes you just have to let go to have some experience about something in other for you to learn and know how things works that way. Most times it is not about the money and neither is it by power but rather most times is just for the Goodwill of humanity.

So therefore, your topic seems to be an interesting one because it shows a reflection of how one leave their life to be if benefit or something else to mention. It will actually make you know how far you have gone in making things straight for yourself self and the caliber of persons you hangout with it or your association.

I agree, and more to say about lifestyle: any lifestyle is the waste of money and time, so it depends solely on emotions this time and money bring. There are some people who didn't collect even a $1000 throughout their whole life, and they are happy, since all they did brought them a good mood. The main driver of economy in total is not money - it is psychology, and this driver is combined with time factor and basic needs fullfillment factor. Money is, in reality, a fiction.
People mostly misinterpret life style with being over spender ,showing off everything and being too shinny and sparkling about your life . Literally they waste  everything on shallow things which have no possible outcomes and returns .
You can have a life style within your expenses and finances , you can live a good and comfortable life within your range .
With today's difficult situation in which everyone is living one should avoid wasting their money and time on unnecessary things .

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April 07, 2023, 07:38:58 PM
 #130

People mostly misinterpret life style with being over spender ,showing off everything and being too shinny and sparkling about your life . Literally they waste  everything on shallow things which have no possible outcomes and returns .
You can have a life style within your expenses and finances , you can live a good and comfortable life within your range .
With today's difficult situation in which everyone is living one should avoid wasting their money and time on unnecessary things .
We have to adjust the lifestyle based on your finances and environment, you can't overly show off luxury items on social media just to gain recognition of wealth from others, but the fact that real billionaires don't do activities that waste time publicizing wealth to others, lifestyle they are just a private mode or not showing off to others. So it's better to do other positive activities that are beneficial to you than wasting time posting excessive lifestyles on social media.

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April 07, 2023, 07:57:31 PM
 #131

Since you are friends with them, you are in the right spot to tell, are you aware of any other source of income? there is nothing wrong to enjoy oneself once in a while if you already have funds set aside for that without affecting anything other than financial obligations else for the month.

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April 07, 2023, 08:19:03 PM
 #132

Rich people some times spend their money on luxury and poor people some times tend to emulate them, any life style you are living be sure that it is what you can afford, let what you are selling be greater than what you are buying, a life style can be seen as waste of money and time if you choose to live a life you can not afford. for instance, a man who earn one million dollar a month that buy a car of 500000 dollar has a better financial management than a man that earns 200 dollar a month and bought a car worth 180 dollar.

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April 07, 2023, 08:25:24 PM
 #133

Your friends must have been swimming in cash for them to be taken up expensive drinks now and then at least four times a week. They should be businessmen that don't depend on monthly salaries to enjoy themselves.

This kind of lifestyle that your friends develop is being practiced by people who are not responsible fathers and are not living happily in their homes, they drink just to ease away their worries from their homes. That's why I find no reason why a group of responsible and mature men will choose to be wasting money on drinks every week without reconsidering their family's first

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April 07, 2023, 09:30:20 PM
 #134

It’s very obvious that your friends are having a lifestyle that is not appropriate since they are clearly wasting their  own money and time with their vice. Though I also drink, but I make it sure that it only happens when there are special events or simply I do it occasionally, and definitely not as often as 4x a week. You can support and join them if you want but learn to prioritize your family first over your friends. And maybe you can also advise your friends to lessen their expenses when it comes to drinking, but make sure you do it not in an offensive manner.

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April 07, 2023, 10:18:17 PM
 #135

Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.
You have said it by yourself and of course it already waste of money if it takes 1/5 of your friend income just for that. I'm curious with how they even survive with that kind of lifestyle, unless you want to enlighten your friend to not do it again. Otherwise, they will meet their end about how they treat the lifestyle. I spend for gatherings and stuff wisely because I think everything before treat myself, I don't want to have myself no money just because for my pleasure.

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April 07, 2023, 10:25:16 PM
 #136

of course with a high lifestyle it will make life narrower, will make your time wasted and your finances will be drained by a high lifestyle. following the lifestyle will be fatal in terms of financial and social life. people will think negatively with a life that is too much style

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April 07, 2023, 10:32:48 PM
 #137

Bad habits are waste of time and money, especially if you're a man that have his own family.

Those kind of people are immature in my opinion, unless they are a good provider then they can drink, but not much to the point that they don't have time to bond with their kids and wives. Imagine drinking too much instead saving it up for your family's daily expenses. Once you're a family man, you have to be responsible, your family is your priority, not your vices.
Spending money rightly one must have self control and be discipline,  without this characters it is always impossible to control how money should be spent. People need to learn how to be discipline by avoiding alcoholic drinks which can make one to be addictive to spend all the available money on drink. If people really want want to spend money it should be based on the amount earned. Spending should not be more than the salary earned.

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April 07, 2023, 10:40:51 PM
 #138


Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.

What I can picture from you and your friends is different lifestyle backgrounds, even if all of you are family related or close relatives, if you guys are not brought up by the same parent, there is no way you all going to have the same pattern of life. They may see Alcohol as normal but are disciplined which is why you often see the range in the extravagant life they are doing, it is good that you could differentiate between ordinary life and wasting your money. If they feel you are dissociating yourself from them because of the lifestyle, explain to them and never force things that are out of your pocket.

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April 07, 2023, 11:10:02 PM
 #139

I don't believe on the principles of birds of the same feathers flies together because I have so many friend who drink and smoke which I don't and we are very close friends and I also have some group of friends who also do alot of womanizing but I've never been moved by their way of lives but rather we just gist and laugh over the entire issue..
Most times my friends talk ill of me when they seeing me going to church because I'm the churchy type and I always  prefer to be in church than outings.

I do believe in that saying that same birds flocks togethere but I also believe that in every rule there is an exemption.  This thing is applicable in your case where many of your friends are going southward while you go northward.  It is not a surprise that in every group there is always a party pooper  Grin.  I am also one of those rare cases where my friends often smoke and drink while I am not into those vices.

What I'm actually saying in essence is that, the lifestyle of your friends shouldn't bother you so much and if they can afford such life for themselves then it's fine, hence you shouldn't try impressing them if you can't afford such lives as them. You have people seriously looking up to you.

True that but in most cases friends have a great influence on us depending on the morals we believe in.  It is easier to repel influence if it is against our ethics but hard if it is along with what we believe in.
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April 07, 2023, 11:38:57 PM
 #140

A certain lifestyle that wastes money is when people spend extravagantly even when they know they are not really wealthy or earning a really good amount of income that can foot their budget, and they still have money to invest and also save. It's not bad to enjoy life while we are still alive, but overdoing things over time makes a person develop a pitiful habit that can gradually  waste his or her financial resources, and over time, people lose that sense of understanding that they are spending unnecessarily all the time. Maybe your friend has some other source of income that you may not be aware of; some people are secretive in terms of telling people everything about the source of their income.

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