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Author Topic: Do you spend more-do you get more?  (Read 1475 times)
koleusdat (OP)
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May 15, 2023, 04:30:52 PM
Merited by Black susano (2)
 #1

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
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May 15, 2023, 04:49:35 PM
 #2

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you. As a normal person living above your standard will only leads you to live in debt because you are dispensing more than you received, if the given or distribution is connected to the body of Christ then I am sure would be spiritually backend.

That's why as a Young growing man you don't need to involve and imposed much responsibilities on you that's above your income, out of 100 percent of your income per months you are only encourage to live below 45 percent of it and the 55 percent should fall below your savings and investment by so doing you won't go into debt.
That phrase they said never work that way, it all depends on mindset and also when you are giving and expecting something in returns might not triggers it to work effectively.

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348Judah
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May 15, 2023, 04:49:58 PM
 #3

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

This is not the reality about the statement made, the more you spend the lesser you have and the more you invest the more you incure an income, in general terms of giving, people believe that the more you give the more being received but not in business enterprise, except if what you're giving or spending were on the basis to advance the business or enterprise to the next level, and you can achieve so by giving it al it's demanding to succeed or expand, money for business is not what should be spent on other things thab returning them back to the business to help maintain the running a d avoid it getting ruined instead.

I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either.

Then it time you watch yourself on things you spend your money at, think about if things does not continue the way they were anymore, what will be your backup when you're not investing abd reinvesting, who will give you money to maintain your kind of lifestyle if things changed, will it be your family, friends or those customers you waste your investment money on giving them constant patronage with planning for your future

R


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Ojima-ojo
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May 15, 2023, 04:55:36 PM
 #4

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly.
The line of thought that stipulated that the spending method is very wrong doesn'ton't have any statistical proof and spending should be classified under various categories, we have capital spending which is directed at the amount we spent in capital investment, this class of spending bring long-term income.

The other is recurrent spending, this type is the class where bills and other basic spending fall into, etc, but in general, spending takes money out of your saving regardless of what class of spending it falls between.

The best practice is to spend what you can afford and not excessively, and only spend tour left over and not capital or 100% gains, learn to prioritize investment as a way of life and make it a lifestyle to spend less than you earn.

R


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May 15, 2023, 05:08:19 PM
 #5

The essence of this expression is suitable for very energetic people, because they can make money on everything. Therefore, they spend a lot and get twice as much, the type of people who can achieve a lot always say like this expression.
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May 15, 2023, 05:18:31 PM
 #6

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I believe those are just mere sayings that did not actually work the way they sounded. Just like the statement "Givers never lack," they are linked to religion and other sorts of beliefs. But when you want to put it in investment terms, we can say that the more money you invest in any particular investment, the higher the return you will receive. The more stock and shares you purchase in a company, the higher the return you should expect.

Given your line of work and your kind of earning, I will advise you to follow what works for you. As you said, you have a stable income that you don't expect to get anything from anyone else other than your monthly or weekly pay job. In cases like this, you can minimize the amount you spend unnecessarily on things that you think will not add anything to you or are not that important to you.

But it actually pays to be good to others. When you have enough to spare, you can actually give to others who are in need without needing anything in return in one way or another. I always believe such kindness actually returns to you in another way, even if it's not directly from the person or in the same way.

R


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Sakanwa
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May 15, 2023, 05:30:25 PM
Merited by Dunamisx (1)
 #7

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.


Initially is not really you spent money and you feel that how you get it back, frankly speaking it is really not done that way because the way we get our money is not the same way we spend it.
The way we get our monthly payment is not the same way we spend it.
Of a truth life is not bed of roses, life is not the way you see it and is never how you think it is. Just have it in mind that the way you plan your life that how it will look like for you, don't make more and you think of spend it in a day or a week and still having it in mind that you will gat more after spending they won you have.
You should know that it not all deals that brings profits.

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May 15, 2023, 05:32:39 PM
Last edit: May 15, 2023, 09:30:21 PM by Agbe
 #8

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you. As a normal person living above your standard will only leads you to live in debt because you are dispensing more than you received, if the given or distribution is connected to the body of Christ then I am sure would be spiritually backend.
That is Faith and Faith works with action. According to the Bible, Faith without work is dead. Now what the OP is trying to say might be true because really in any business the capital determine the profit. The more the capital is big the more the profit comes at the end of the week or the month all the depends on the income statistics the business owner uses.

That's why as a Young growing man you don't need to involve and imposed much responsibilities on you that's above your income, out of 100 percent of your income per months you are only encourage to live below 45 percent of it and the 55 percent should fall below your savings and investment by so doing you won't go into debt.
That phrase they said never work that way, it all depends on mindset and also when you are giving and expecting something in returns might not triggers it to work effectively.
The real business people do not involved themselves with their business money. They even use the profit from the first six months to add to the business to grow it. In business again, if you spend your Profit without using it to add to your business, your business will not grow unless you add extra money to the business to grow.
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May 15, 2023, 05:37:17 PM
 #9

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That is a famous quote but you have to understand it correctly. It is not telling you to spend your money on the dumb stuff like alcohol or smoking. You should spend your money on the useful stuff. Maybe buy a book, get programming lessons, invest in something, travel to another country and have a vacation… Any of those actions is better than staying home and staring at your monitor. Saving money is a good thing but saving all of it is not healthy. I am pretty sure there is something out there you can buy to improve your skills.

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May 15, 2023, 05:37:50 PM
 #10

Based from my understanding, I think the more you spend money of course you would be aware to the prices of the products you've spend your money. Like for foods that there's much cheaper and still gives the same quality and you have known that knowledge due to your spending. By that you could manage yourself to budget your money because if you stick to your products not knowing there's much better to it especially to price then you can't save money.

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May 15, 2023, 05:45:59 PM
 #11

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
The only place I think this can work is in the principle of sowing/giving. It's a biblical principle. Even in this principle, where one gives or sows is also important because not all "soil" is fertile. A man who cheerfully gives in the right direction or place will receive bountifully. This doesn't apply to giving foolishly. The way it works is that one spends on others who later return same good gesture in bigger measure to one.

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May 15, 2023, 05:49:30 PM
 #12

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

If you spend more, money gets circulated in the economy. But it doesn't have any relation with getting more money. Spending is directly related to the flow of money which increases demand in the market. Usually it is seen as a positive but such overspending by the mass leads to inflation. So there's a negative point as well.

Everyone wants to become rich. That is possible through more than one streams of income. I often say to my colleagues that if you are less than 40 and only reliant on your salary income, then you are not using your time wisely.

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May 15, 2023, 06:19:52 PM
 #13

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

This assumption that you get more when you spend more is based on superstition and religious beliefs. The preacher will tell you that when you give more you receive more rewards from the Creator or nature. This assumption is valid in the religious palace which is why most religious people give to the church and charity. But in the economic or business world, your ability to cut costs and save profit is the pathway to growth and prosperity. If you spend above your profit or income you will end up consuming your capital or end up in debt.

Quote
I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
As much as you are not depriving yourself of basic needs, I encourage you to keep saving. Don't keep your savings in fiat because of inflation and the devaluation of some local currencies. Ensure you have targets or a saving plan. Immediately it gets to a certain amount use the funds to invest in a like bitcoin. It might be challenging now but you will benefit in the future.

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May 15, 2023, 06:43:01 PM
 #14

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
It's not like that. Whoever said that, means that you need to have more income too. It won't just comeback to you nothing even if you spend that much because money won't be back to you if you do nothing.

Yes, you don't understand the essence of it correctly. Don't be gullible with such statement and it's plausible that whoever made that quote just want people to spend carelessly.

Live only based on your capacity and since you've got a fixed income, live within it and don't spend a lot thus increase your source of income.

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May 15, 2023, 07:08:18 PM
 #15

OP the world does not work like that, the more you spend the less your bank account becomes especially when you Are spending it on depreciating goods like cars, unnecessarily experience items that doesn't generate any income then be certain that you won't be getting anything back from doing that in return. Spending carelessly is a highway to financial wreck.

You can spend your earnings on things you actually like but don't me silly about it also you can make it a habit to buy things and properties that actually have appreciating value and example is land, houses, this types of luxury can still be very profitable even in the future.

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May 15, 2023, 07:29:01 PM
 #16

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I consider this a proverb or wise saying from the old, however it is actually a bit different.

It is possible in the case of Bitcoin investment because if you spend a lot of money to invest in Bitcoin now, you will get enough reward when the price rises; similarly, if you spend a lot of money in your physical business to provide all of the necessary requirements for your business, you will get a high return on your investment.

However, if you spend more money on needless or luxury items that cannot be sold, you will receive nothing in return.

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May 15, 2023, 07:31:45 PM
 #17

The more the capital big the more the profit comes  spending is directly related to the flow of money which increases demand in the market. And it's depends on the income statistics the business owner used. you said, you spend enough money, but I have a fixed income right? Now to get anything from anyone else or your monthly, or weekly, daily income. In cases like this, you can minimize the amount you spend an unnecessary  things that you think will not add anything to you or are not that important to you. And  next thing is your plan you draw for your investment or business, income. And spend wisely

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May 15, 2023, 07:56:08 PM
 #18

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Well technically you need to invest big to make money but everyone has to start somewhere and using that as an excuse (that i can't invest enough, that's why i am not rich) is a poor excuse. You build from what you got, and by saving money you can mean several things. It can mean that you cut spendings, or that you store it in your bank or buy stocks, gold and bonds with the money you are saving. You just need to make sure that you save only as much as you can afford. It doesn't make sense not buying decent shoes or not investing in your health in order to save money. You still need to eat healthy and try to live fulfilling life. Otherwise your savings might not be enough to dig you from the hole you have put yourself into.

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May 15, 2023, 08:09:20 PM
 #19

There is an opinion that the more money you spend, the more you get in return
Though there's no right or wrong opinion. However, that opinion isn't really right if you'll ask me. What's right is this, the more you invest, the more you get in return.

it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
You've said it that you're not born with silver spoon and you've just got enough money to live. You have to save and that savings of yours is the one that you'll use for investing. Look at the rich people, they have one in common and most of them are spending wisely their money through investing, stocks, gold, bonds and even in bitcoin and crypto. And if your salary isn't enough, look for a 2nd or 3rd job if you still can and from there you'll learn how to be wiser with your money because you've worked hard for it.

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May 15, 2023, 08:37:32 PM
 #20

In the context of investment, I only agree with the concept of "spend more = get more" for those who are well-versed in investing. We all have our own thoughts and can make decisions when it comes to investing. However, the return on investment (ROI) will heavily depend on market conditions, individual skills, and a deep understanding of the nature of investments.

It's possible for someone to make a greater profit by investing a smaller amount of money. Their assets may even grow consistently, even if they don't have a large sum of money to start with. As the saying goes, it's better to be wise and have $1000, than to be foolish and have $10,000. It's not just the amount of money that should be considered in investment, but also the thoughts and skills of each individual investor, which will lead to varying levels of ROI.
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May 15, 2023, 09:08:49 PM
 #21

A similar saying that goes givers never lack, in this case I think you misquote the saying because in reality the more you spend, the more you lose (unless you’re buying assets, in that case it shouldn’t be referred to as spending but investing because spending often refers to buying luxuries and wants). The more correct saying is the less you spend, the more you save. I think the importance of saving money cannot be overstated because in order to make the necessary investments and diversify your portfolio you need to have savings.
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May 15, 2023, 09:14:04 PM
 #22

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
That's the art of economy: to get as much money as possible while selling as little as possible. So the expenses can be considered by their "psychological value", so that all the purchases are evaluated by its ability to make mood more cheerful in long-term prospective. Impulsive buying makes mood better only for a short period of time, so creating stable good mood doesn't mean buying everything that attracts attention, but actually opposite: the main goal is to make mood better while avoiding expenses which can ruin long-term expectations.

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May 15, 2023, 09:16:05 PM
 #23

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you. As a normal person living above your standard will only leads you to live in debt because you are dispensing more than you received, if the given or distribution is connected to the body of Christ then I am sure would be spiritually backend.
That is Faith and Faith works with action. According to the Bible Faith with work is dead. Now what the op is trying to say might be true because really in any business the capital determine the profit. The more the capital big the more the profit comes at the end of the week or the month all the depends on the income statistics the business owner uses.

That's why as a Young growing man you don't need to involve and imposed much responsibilities on you that's above your income, out of 100 percent of your income per months you are only encourage to live below 45 percent of it and the 55 percent should fall below your savings and investment by so doing you won't go into debt.
That phrase they said never work that way, it all depends on mindset and also when you are giving and expecting something in returns might not triggers it to work effectively.
The real business people do not involved themselves in their business money. They even use the profit from the first six months to add to the business to grow it. In business again, if you spend your Profit without using it to add to your business, your business will not grow unless you add extra money to the business to grow.

Well business growth is solely depends on management, if there's no better strategies to follow guide the business then the business will be sinking down every day by day so as a good business man you ought to be creative and smart enough to sense when the business isn't doing well.

As for op spending more money than your income will always put you in a financial stress making you not to have any savings, no matter how you plans to be giving out it should be that your out put shouldn't out weigh your inputs rather, input should be more than the out put at then you could get financially balance.

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May 15, 2023, 09:29:14 PM
 #24

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Do not spend believing that what you say will happen. I don't want you to deceive yourself. You know your income and you should spend accordingly. You must increase and invest a certain portion of your income. It's the most natural and that's what most people do.
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May 15, 2023, 09:31:36 PM
 #25

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I think what you're referring to is the poverty tax. Take shoes for example (this is commonly cited) - a poorer person might end up buying a cheap pair at $25, but has to replace them every year so in five years spends $125. However a richer person might spend $75 and the pair might last those same five years. That means that someone with less money has to buy something that will cost them more in the long run. This can be applied to all sorts of every day examples and even aspects of life such as healthcare. If you can buy better food then you may stay healthier for longer with less ailments. There is a slightly different expression which says buy cheap, buy twice - so low quality can also break, eliminating any cost advantage the cheaper version might have offered.

R


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May 15, 2023, 09:38:41 PM
 #26

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The more you give, the more you do receive? Just like on what others been saying above that this is something in biblical on which i could say that it isnt really that bad to give but of course you would really be needing to consider about your personal situation because it is really just that dumb to give out everything which you do know that you do only have that fixed small income. There's no way that you could really be able to make yourself that able to progress in speaking about on getting rich plus you shouldnt really be expecting something in return just because you've been giving out some help into other people or whatever  you've been giving.

If we do talk about literally about spending or expenses then it would be somewhat that attached about on investing, if you are really that spending lots but it is really attached to business or investment
despite on having that fixed income, then this is where i do see that you would really be able to make up some profits if ever that business would succeed. There's some chance on making
yourself way more better in terms of finances but of course, it does always accompanied with some risks.

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May 15, 2023, 09:59:16 PM
 #27

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

To me, the sentence just seems absurd.I don't believe it works out that way, that the more money you spend, the more you do it. I might just accept the @hyphen(-) statement that it might just be a proverb or wise saying,but I believe it may  mean something else different.

The only way in which I can see it happening is in a business because, in that setting, capital is what mostly determines profits in a business, therefore the more someone invested the more it returns might be.But extravagant spending without additional sources of income will undoubtedly result in debt.


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May 15, 2023, 10:29:23 PM
 #28

 Do you get more? As in more expenses or more income? If the answer is the latter, then I think it's an absurd line of thought. You just said it yourself that you want to be rich and the best way to do so is to limit the way you incur expenses. No one has gotten rich by being spendthrift and hence it becomes difficult to accumulate wealth.
 The only way one faces huge expenses, that's if I can call it that, and still come out with gain is when that cash was used to invest, else it's only a superstitious and illogical way of thinking.

R


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May 15, 2023, 10:48:13 PM
 #29

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

To me, the sentence just seems absurd.I don't believe it works out that way, that the more money you spend, the more you do it. I might just accept the @hyphen(-) statement that it might just be a proverb or wise saying,but I believe it may  mean something else different.

The only way in which I can see it happening is in a business because, in that setting, capital is what mostly determines profits in a business, therefore the more someone invested the more it returns might be.But extravagant spending without additional sources of income will undoubtedly result in debt.


Anything which is excess would really be always that ending up on a disaster whether you are really that dealing with investment or business or would really be just that typical day of extravagant spending would really be leading into a condition where you would really be putting yourself into so much debt or loans just because you are spending too much more than on what you do earn.No matter or which angle you would be looking, it isnt something that ideal that you must do because it would really be that would really be putting you into a big trouble on the time that you dont have money left on your bank account or simply on your pocket.
If you dont like to have some sort of financial problems or challenges then you should really be that wise on the things that you do spend. Dont tend to believe into those sayings about giving more would really be
getting back. What you do actually expect on getting back on something? We know that if you wont make a business or investment then there's no way on getting back on something. So
there's no point on spending up more which is more than on the amount of income you are getting, you are just simply taking up some suicide decisions in life.

R


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May 15, 2023, 10:56:23 PM
 #30

It depends on what you use the money for. There is no way when we squander our lavish eating habits or spend lavishly on unnecessary things, expecting to earn more money. But if you spend on things like investment and business, you will have the opportunity to get more. But remember that investing can make a lot of profit or will make you lose more, not investing is sure to make a lot of profit. If you want to be rich, saving alone is not enough, you need to make some investments, IMO.

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May 15, 2023, 11:27:02 PM
 #31

We have a saying more money more problems, when you suddenly gain more money your needs are enhanced you suddenly realized what you need and what you want, and luxuries that you once ignore are now within your reach, you cannot expect your income to beat your expenses, because our urge to buy and spend is limitless and we have limited capacity to earn.

Those who can do this

Quote
Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

are multi-millionaires who can equal their profit to the luxuries they want, I don't recommend people buy more than what they can afford, your needs should be commensurate to your income.


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May 15, 2023, 11:44:20 PM
 #32

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Depends on where you are using your money with. If it is just 'wants' you are using your money, then would you be expecting for returns? Also with investments, the bigger the amount the bigger the return indeed . However, that will depend on the chosen asset whether it will have the potential to do so. If you have a fixed income, then spending more would leave you with less amount. Best thing is to stretch your income in order to spend more; get some profitable assets. The thing here is that, you cannot extend your expenses if you have limited sources, then expecting that you'd still have money for other things. Bottomline here is having a limited fund, and that is where your solution should be done.

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May 15, 2023, 11:48:00 PM
 #33

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It's that simple, every time we spend something, of course, it literally always means something in return. Now, if you're the type who is strict and prudent with money, you won't just buy something that you know you don't really need in life.

     You would rather save and keep it than spend it. But if you're the kind of person who spends money without thinking about it, and I'm like this sometimes, I often end up realizing that what I did was wrong when I spent it. So it is important that we understand and do the right financial management.



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May 16, 2023, 01:15:51 AM
 #34

Spending more money can lead to better returns, it is not always like that. It is important to have a balance approach to spending and savings. There are many people who have faced big expenses and received even more, but it is often requires a careful planning and strategic investments. One way to increase wealth is through wise investing in stocks or real estate. Another way to increase wealth is through entrepreneurship. Starting your own business can have a high initial cost, but can lead to significant returns if done correctly. 

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May 16, 2023, 01:30:59 AM
 #35

I really dont understand it but my thought was if you give more youll received more ,so it is not spending though but if this is really what you mean it doesn't mean that youll give everything, just give what you can afford and also it should be open to heart. It also doesn't mean that if you give it youll expect a return as that doesn't work at all. I dont know of this was really believed here but we practice this not because we are expecting blessings but only to help people as we know that they needed help and if the time comes that we needed helpe they will help us also
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May 16, 2023, 01:37:50 AM
 #36

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

This is actually quite simple for you and also for everyone else, because when you only work for yourself without expecting an inheritance from your own family in life. You only have to make details of every income and expenditure of your money in your own life and of course you need to apply what is called saving because it will help you get rich even though it takes a long time.

In essence, you are not expected to be more extravagant in your life so that any income you get through your work can be properly maintained and not just run out into things you don't need. In addition, you must be able to work every day to make your dreams come true by not really caring about environmental conditions that might be a challenge for yourself and still make greater focus and relationships in order to achieve better income for yourself.
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May 16, 2023, 01:57:37 AM
 #37

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
You can get more in return if you're spending in useful things with a long term benefit like investing. But if you're just spending your money for wants then how can you get more by doing that? It can only give you problem financially.

The saying that I know is "don't spend more than what you can earn" to be able to save some money for rainy days. Those who can spend more and get more in return are wise to use their money for business or investment. Because that's reasonable on why you're spending more even your income is fixed.

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May 16, 2023, 01:57:56 AM
 #38

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

OP when you say "do you spend more-do you get more?" It all depends on what you spending on, if you take a good look at it spending on something that won't generate anything productive is a no to me to your question but ones it's productive then I'll say yes.
When you put your mind to how you spend your money it depends on if you spending it in a worthless way and never expect it to come back the way you spend, engaging your time and money on something more productive can return your spendings. Let's say you get involved in Bitcoin trading with a better strategy to follow, before the end of the month you'd be getting x3 of your invested money.
So when you spend more on anything lucrative it turns out to yield more in return and with that you won't think of having any help from relatives.

R


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May 16, 2023, 03:21:59 AM
 #39

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That's just garbage that will keep you poor.

If you want to get more money, what you have to do is worry about it, study it, and above all study the differences that those who have a rich mentality and those who have a poor or middle class mentality have.

One way to have more money is precisely the opposite: control income and expenses and save, and then invest. Investments are money that will generate more money, and if you start from a poor base that is achieved by saving, contrary to the advice. Besides, along the way you can come up with ideas to earn more, through your work or other sources of income.


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May 16, 2023, 03:40:02 AM
 #40

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more.

Well, obviously yes you won't get more especially when you're stuck in a day job you have been working for several years now. The only way you can have more in return is when you get a side hustle may it be a start up business or offering your service where you're most skilled at.
On the other hand, the only time you'll get something in return is when you spend your money into an asset that appreciates over time like commodities and stocks and even golds if you're a fan of collecting variety of it. BUT if you're expenditures falls under the assets which depreciate over time, then you don't expect nothing in return. Cars and gadgets and something like these aren't gonna give you something in return, unless they're used to alleviate your business.

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May 16, 2023, 03:41:39 AM
Last edit: May 16, 2023, 03:57:20 AM by Davidvictorson
 #41

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What do you spend more money on, exactly? I hope you are aware of the distinction between investing and spending. You will earn more money if you make sensible financial decisions. I think this is why budgeting is so crucial and cannot be emphasized enough. A well-written budget will guide your financial decisions and maybe result in a profitable outcome.

Everyone wants to become rich. That is possible through more than one streams of income. I often say to my colleagues that if you are less than 40 and only reliant on your salary income, then you are not using your time wisely.

Even though we work the same hours, most wealthy individuals I know have many sources of income, which should tell you something. Make prudent investments in small businesses here and there. In addition to what you already know, pick up a new expertise and turn it into a side business. Between the ages of 20 and 40, you must push yourself to you limit to see what is financially possible for you.

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May 16, 2023, 04:06:36 AM
 #42

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you. As a normal person living above your standard will only leads you to live in debt because you are dispensing more than you received, if the given or distribution is connected to the body of Christ then I am sure would be spiritually backend.

That's why as a Young growing man you don't need to involve and imposed much responsibilities on you that's above your income, out of 100 percent of your income per months you are only encourage to live below 45 percent of it and the 55 percent should fall below your savings and investment by so doing you won't go into debt.
That phrase they said never work that way, it all depends on mindset and also when you are giving and expecting something in returns might not triggers it to work effectively.
This is the same with the statement, The more you give, the more you receive. Of course, you won’t be able to give something if you’ll not spend any amount. But only spend within your means. That means, do not spend more than of your income. Otherwise, if you overspend by not following your budget list, most likely you will struggle on your finances later on until you end up taking some debts and drown into it. If you keep that mindset, expect that you will never be successful if you decide to invest or trade. Manage your finances first and learn to spend only your spare money.
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May 16, 2023, 04:47:12 AM
 #43

This expression is popularized among young girls and boys who live mediocre at the expense of their parents. I fundamentally think this expression is purely blogger.
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May 16, 2023, 04:50:41 AM
 #44

If in the past we wanted to increase wealth, we had to work or do business in real terms, but today's world does provide opportunities for those who have capital to develop this money, investment offers that provide large profits are of course an easy thing, it's only natural that with large capital then we easily have a business by buying shares.

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May 16, 2023, 06:56:24 AM
 #45

Everyone wants to become rich. That is possible through more than one streams of income. I often say to my colleagues that if you are less than 40 and only reliant on your salary income, then you are not using your time wisely.

Even though we work the same hours, most wealthy individuals I know have many sources of income, which should tell you something. Make prudent investments in small businesses here and there. In addition to what you already know, pick up a new expertise and turn it into a side business. Between the ages of 20 and 40, you must push yourself to you limit to see what is financially possible for you.
These wealthy people might not necessarily be in charge of these businesses they have because they have mastered the art of partnership. Immediately they identify an opportunity in an area they seek partnership with other businessmen. They don't need to be present to run the business because other partners will run and give an account of the business transactions. Age 40 shouldn't be seen as the end of business opportunities for individuals because I have seen much older people starting and running successful businesses.

If in the past we wanted to increase wealth, we had to work or do business in real terms, but today's world does provide opportunities for those who have capital to develop this money, investment offers that provide large profits are of course an easy thing, it's only natural that with large capital then we easily have a business by buying shares.
For those who don't have the means of raising capital, they have to work hard. This is because it is difficult to access loans or other credit facilities if you don't have collateral. In my country banks will always require landed properties or buildings before they can be given loans. And most people don't have such an investment. This is why the poor or less privileged will have to raise capital by doing petty businesses or conventional jobs.

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May 16, 2023, 07:20:06 AM
 #46

Rather, someone who takes the time to experience everything will receive more lessons, and money should only be seen as a small part of that experience. I don't want to be too important in emphasizing the value of money in life, although it is essential, it is clear that the way we learn the lessons in life may not depend entirely on money.
Basically, the way I look at the use of money is simply that it's easier and more convenient to bring people together. Even if you have no conditions, if you try to learn, you will also receive valuable lessons in life.
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May 16, 2023, 07:51:44 AM
 #47

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What are the benefits of spending more and whether it falls on the scale of necessity or just fulfillment that doesn't really matter to buy, life is now getting complicated for the economy and if you are not able to implement a thrifty scale in life then one day you will get into trouble.

I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either.
If you're not one of a wealthy family and don't expect an inheritance, why waste your money on something you don't need to buy. Whatever income you get and even if it is fixed, it will also be used up when you don't try to scale the important needs that must be purchased. My advice is better buy bitcoins than buy something useless that doesn't earn anything.

I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
When you want to become a rich person, what steps and plans do you apply, the lifestyle as you described above is a waste and is not included in the scenario of a rich person. Saving also won't lead you to wealth, especially if what you're saving is fiat currency.

It's best if you try to learn bitcoin first and when you already know the risks and price fluctuations, then there will be decisions you can make instead of keeping fiat currency for savings. Gold and Real Estate are also good, you are free to choose the one that you are most capable of running and most importantly know how to properly manage any of the three.

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May 16, 2023, 07:59:16 AM
 #48

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't believe in this. It should be, the more we get the more our investment or savings, not expenses. Expenses are according to our lifestyle, most people nowadays spend more money than their income because of high prestige and lifestyle. Even if we look at how the rich work, they manage their expenses to a minimum in order to be able to increase their assets and investments and manage that it does not exceed their income. Therefore, there is no need to be surprised that most employees today live just like that, even though they have quite high salaries, because they spend quite a lot of money on things that are not important.

R


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irhact
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May 16, 2023, 08:09:54 AM
 #49

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

This philosophy doesn't work with poor people, if you're poor and spending lavishly, you'll remain poor and won't received more money back. When you can spend more money is when you're already wealthy, you spend that among among your friends, rich associates and you have business partners willing to invest into your business and make you more money.

The rich loves to roll with those that richer than them as they can trust you with their money to make more money for them so they can be as wealthy as you're. If you make them comfortable with giving you their money through your lifestyle, you get more from their friends.

R


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May 16, 2023, 08:10:33 AM
 #50

It's wrong and misleading.

You can try yourself by sell all of your assets including your house and then give it to other people who needs, let's see what will you get in the next month. You will don't have any money and can't eat, all you can do it hoping someone will give you more than you've spent.

To become rich you need to save your money, but spending for future relationship e.g. your friend, boss, etc is called as an investment.

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May 16, 2023, 08:43:00 AM
 #51

This is called "The Law of saving resources: the more you spend, the more you get." So you have to be filled with energy as much as possible, without thinking about letting go of money, therefore thereby attracting them.
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May 16, 2023, 08:56:47 AM
 #52

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

An interesting opinion, but I dont agree with it. Mathematically, it looks like -1+1, so the end result is zero. Imo, it is better to spend wise than to spend more. We are getting to quality over quantity conversation. If you want to get rich, you should seek for "best experience for lower price" opportunities. Search for something that multiply your investment, than spend big to get big.

R


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May 16, 2023, 08:57:12 AM
 #53

It has to be the opposite than what you have described. The more you earn, the more you spend. Your expenses become more than what you used to spend when you had less income. It's human psychology. This is how our mind works.
One scenario that match your story is that when you invest. The more you invest, the more you can get the profit from it. But it has to be a profitable investment. Otherwise you will make losses instead of making profits. So I can say that if you spend (invest) more, you can get more in return as profits. If this is not the case, then what I said above is the truth. This is why we need proper plan on our spending. 
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May 16, 2023, 09:18:20 AM
 #54

If you spend more money, you will see your money turn into something you buy. But if this is related to religion, for example, donating, you will get something more (in another form) later than you can imagine.

But in this case, you say you have a steady income and spend a lot of money, so you won't have much money at the end of the month while you want to be rich. You can only reduce your monthly expenses, set aside some money, and invest in Bitcoin to have savings in the form of Bitcoin. It will help you to become rich if Bitcoin can increase.

I also have expenses and always try to live and invest in Bitcoin. And this situation is also faced by all people, not just you but we try so save money to prepare for our lives and hope that someday, we can be rich.

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May 16, 2023, 09:37:44 AM
 #55

We all have certain needs if we can live according to those needs then we will have no need to spend extra. How can you improve if you have to end your month in debt after spending the amount of money you earn every month? We have to improve in such a way that at the end of the month we will spend some part of the money we earn and the rest we will save or invest. This is basically how we should proceed.  There is no end to the needs of people, the more you have, the more your needs will increase, so limit your needs and you will see that you can live very well even with a small amount of income.

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May 16, 2023, 09:56:39 AM
 #56

Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It's not always about a lot of spending, a lot of returns especially when you talk quality. Wealthy people spend a lot of money just to get 1 branded item, or ordinary people can buy several more varied items of ordinary quality with the same purchase value. In essence, depending on your level of satisfaction about the quality of goods or quality of life.
So which approach have you taken?

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arwin100
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May 16, 2023, 10:52:09 AM
 #57

Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It's not always about a lot of spending, a lot of returns especially when you talk quality. Wealthy people spend a lot of money just to get 1 branded item, or ordinary people can buy several more varied items of ordinary quality with the same purchase value. In essence, depending on your level of satisfaction about the quality of goods or quality of life.
So which approach have you taken?

Rich people buy expensive things is part of their branding since in reality in this world they get more respect if people find out that they posses expensive materials. But I doubt those people spend a lot than what they earn since they also think about maintaining their wealth and they will not be in that position if they don't have multiple income streams. Ordinary people cannot afford it so better they should not chase anything what rich people can afford they should live according to their means since this can make them live at peace without anything to worry.

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May 16, 2023, 01:37:30 PM
 #58

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
It definitely doesn't work that way if you want to spend more, then you need to earn more. But it's worth considering where this will lead, because if you spend more every time you earn more, then you will have nothing left.

You have stated the goal of becoming rich, and for this you need to do something, either get a good education and get a well-paid job, or save money and open your own business. Even if you want to invest, you will need money for this.

For starters, try to leave spending at the same level, but at the same time try to increase your income, put aside everything that you manage to earn in excess of your previous earnings and then think about how to make this money bring you income. At first it seems complicated, but when you start thinking about it, ideas will appear.
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May 16, 2023, 02:03:22 PM
 #59

I find it obvious that spending more money will get more lessons, but obviously not everyone will know how to spend properly to get to the lessons. Or the opposite is a little bit of a problem that getting a lot of lessons does not necessarily have to spend money, in fact, I am looking at my current life I see more people poor in money than people with a rich life living at a decent level and above, and indeed the experiences of life lessons for growth are tied to financial goals. So sometimes, if we want to reach our goal, we should also have a more realistic approach, learning to get everything and sharing to help many people in need.
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May 16, 2023, 02:20:30 PM
 #60

It's a frequent misconception that investing more money will result in higher returns, therefore it's crucial to take into account each person's unique situation. Despite the fact that some people may have benefited from significant costs, it's not a surefire way to amass wealth. Planning your finances carefully, making prudent investments, and generating additional income streams are frequently combined to build wealth. It is recommended to concentrate on long-term financial objectives, look at development prospects, and seek counsel from experts who can offer individualized advice based on your particular situation. Remember that there is no one-size-fits-all strategy for becoming wealthy and that everyone's journey is different.
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May 16, 2023, 02:40:51 PM
 #61

I think what you're referring to is the poverty tax. Take shoes for example (this is commonly cited) - a poorer person might end up buying a cheap pair at $25, but has to replace them every year so in five years spends $125. However a richer person might spend $75 and the pair might last those same five years. That means that someone with less money has to buy something that will cost them more in the long run.
Merely having this theory doesn't mean we should always purchase the most expensive item among the available options. Sometimes, wise thinking also requires us to consider which item we should buy.
Individuals with a wealthy mindset are those who can wisely choose which items to purchase based on their needs and in accordance with their economic capabilities. When buying goods, it's essential to pay attention to the value provided by the item. Does the value offered justify the price to be paid? If so, then it's excellent to include it in the whitelist.
Remember, it's not always about expensive items; even cheaper ones can be the best choice if the expensive ones no longer prioritize functionality. Many expensive items exist solely for the sake of prestige.
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May 16, 2023, 03:21:52 PM
 #62

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The phrase "the more money you spend the more money you get" we have to understand what this means, it's not about your useless obligations like vacations or buying food, clothes and fancy things to fulfill your desires, but I interpreting this is meant for your managed business expenses, the more you manage the goods produced, the greater your income will be from spending on the goods you have done.


If in the past we wanted to increase wealth, we had to work or do business in real terms, but today's world does provide opportunities for those who have capital to develop this money, investment offers that provide large profits are of course an easy thing, it's only natural that with large capital then we easily have a business by buying shares.
Still, even if you have capital, but you only focus on investments that require long-term profits, it will be very difficult to find light on financial stability, spending with large capital will generate profits faster if done in a business managed by yourself, not someone else other.

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May 16, 2023, 03:29:05 PM
 #63

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
I believe it's related to the fact when you spend more money you are also raising your social relationships and connections inside the society. People who sell products or services to you tend to become sympathetic to you, so you develop a kind of relationship with them, that may benefit you later once you are the one selling something or asking for a favour from them.

A single person who doesn't have friends, family or acquaintances will have much more difficult to find a job or to sell something. In other words, this person will have much more difficult to thrive financially in life, besides the high chance of not developing social skills which are essential in everyone's lives in order to become successful, since we live in organized societies or groups of people, as you wish.

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May 16, 2023, 03:38:05 PM
 #64

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It is just the level of standard in the life of an individual. If one prefer a life with a standard of high-cost living, then that person would literally work hard, and earn a lot of money to meet what you want in life. That's basically how it works. Overtime those person will outgrow their needs and its their hoise if they will upgrade their standard again or they will keep it that way. Then now, they will have a lot more money entering their accounts because there's nothing more to spend on. Just remember the qoute, "We don't rise to the level of our goal, we fall into the level of our standard".

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May 16, 2023, 08:42:29 PM
 #65

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
What nonsense is that! "The more money you get to spend, the more money you get"
Of course your seeing the result yourself haven't experimented it, stagnant growth. That's the best your going to get out of a lifestyle that revolves around spending.

You don't make more money by spending, you make money by investing. Spending and investing are 2 different things and they both can't be misunderstood.
When you invest, you just convert your money or some valuable into another form and it still gets to stay with you, you still own the value.
When you spend money, your actually exhausting it, giving all its value alway. Maybe you got some product but then, you either lose all the values in it or have or decline over time.

You just don't make money by spending that's some shitty way to think.

R


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May 16, 2023, 08:48:15 PM
 #66

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
What nonsense is that! "The more money you get to spend, the more money you get"
Of course your seeing the result yourself haven't experimented it, stagnant growth. That's the best your going to get out of a lifestyle that revolves around spending.

You don't make more money by spending, you make money by investing. Spending and investing are 2 different things and they both can't be misunderstood.
When you invest, you just convert your money or some valuable into another form and it still gets to stay with you, you still own the value.
When you spend money, your actually exhausting it, giving all its value alway. Maybe you got some product but then, you either lose all the values in it or have or decline over time.

You just don't make money by spending that's some shitty way to think.
Unless if you do spend a lot on putting up money on investment then this is something that could potentially give out that kind of situation which it might succeed out and bring more profits but
if we do talk about giving out money or spending that much into others just for the hopes on earning more, then in what way? DOnt know on what OP do actually mean about spending
whether it is talking literally giving out something into other people or would be applying out into other sort of things like investment or business? We could differentiate between
those two and there's no sense that you would really be spending up on something which you know that it cant really give out benefits.

If we do speak literally on spending more into useless things just because on having the believe that the more you do give is the more you do receive is just bullshit.
For some biblical aspect then its commendable but of course everything should really be in control if you dont like for you to find yourself on being wrekt.

R


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May 16, 2023, 08:53:17 PM
 #67

The more the capital big the more the profit comes  spending is directly related to the flow of money which increases demand in the market. And it's depends on the income statistics the business owner used. you said, you spend enough money, but I have a fixed income right? Now to get anything from anyone else or your monthly, or weekly, daily income. In cases like this, you can minimize the amount you spend an unnecessary  things that you think will not add anything to you or are not that important to you. And  next thing is your plan you draw for your investment or business, income. And spend wisely
Yeah but without strategy and effective financial management, that would not be achieved. Simply, having a large capital will not guarantee huge returns. In addition to that, in the beginning it is really necessary to make researches on the field you’re planning to work in, then  analyze the marketplace carefully before investing your money.  For my perspective, if you have a huge capital and you would like to make a big profit, then I truly encourage you to invest in real estate , gold and crypto ( preferably Bitcoin and Ethereum ) but keep what I mentioned above in your mind. Also, it would be better if you build and improve your self control otherwise you will end spending on unnecessary and costly needs such as goods and items.
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May 16, 2023, 08:55:54 PM
 #68

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What I know is that the more you invest, the more likely it will be returned Cheesy But we have to realize that spending a lot is wasteful in my opinion and I don't really agree with something like that.
Maybe some people think that things like that come from spiritual books, but to be honest I doubt things like that and don't assume I don't believe in spirituality because I do have personal opinions that are contradictory.
I prefer conditions of certainty in this case, and I am certain that when you spend more, it means you are putting aside your financial management because you are always spending again and again. keep in mind, shopping in other contexts does not mean investing because shopping is buying what can be bought.

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May 16, 2023, 09:20:46 PM
 #69

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What I know is that the more you invest, the more likely it will be returned Cheesy But we have to realize that spending a lot is wasteful in my opinion and I don't really agree with something like that.

Investment is what we should focus our minds on than spending, which means even though we will be spending money, it must be limited to what we earn and we should invest a larger portion of our money on profitable assets and spend less, not everyone that knows how to achieve this because they believe in wrong theories they have been told several times by the wrond ideas received from those not performing well in theirs.
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May 16, 2023, 09:39:11 PM
 #70

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The concept or the theory of the more you spend money the more another come to your account is a fallacy, this particular concept has made people to not understand concentrate and have a reservation, so I believe that people of this present time doesn't spend money without be accountable to the money, it's will right to channel your money to anything that brings return in future purpose, so I want you to understand that the more you are spending your money you have is the more you are facing a difficulties in earning more money, spending is base on the things you spending on, if you spend base on investment I think ideas, but if you spend in aspect of drinking, smoking, clubbing and gambling, i think that it's the aspect that you will have a remorse after spending because you can't be accountable for your expenses.

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May 16, 2023, 09:57:11 PM
 #71

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
Imagine spending money to create an app so that people can download, it solves a problem for them and in turn the app generates money for you. So yes, it works if you spend the money in the right direction. On the hand, you may have to lose some money on the way so that you can learn a vital lesson. I also think we can put it this way, the more money you have , the more money you'd get in return legitimately.

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May 16, 2023, 09:59:06 PM
 #72

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That is a famous quote but you have to understand it correctly. It is not telling you to spend your money on the dumb stuff like alcohol or smoking. You should spend your money on the useful stuff. Maybe buy a book, get programming lessons, invest in something, travel to another country and have a vacation… Any of those actions is better than staying home and staring at your monitor. Saving money is a good thing but saving all of it is not healthy. I am pretty sure there is something out there you can buy to improve your skills.
Spend your money wisely by investing on things that will also make you benefit in the future and not just waste your money on unnecessary things that you can only benefit temporarily. That way, at least you know deeply that you are not spending for a loss, but you spend your money because there is a need to. And never complicate your finances. Your happiness will always be your top priority, so just spend but never spend more than what you can earn. You won’t be happy for sure if you over spend and end in taking a debt right after.

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May 16, 2023, 10:17:34 PM
 #73

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I think this opinion applies to certain situations since spending could really be turned out to be useful and have you something in return. Like when you make a smart and planned spending, you can have in return some kind of financial stability. Another is when you spend for capital to a business, which in return gives you profit. I think this opinion only matters if you know what it truly means and knowing how useful it is to spend in some situation and really be making something in return out of it is a good habit to do. It is always a personal point of view on how would you take it, either as a positive or negative mindset, so one must choose if they would turn it into something positive that can give then returns, or choose not to believe on this and still push that there is nothing to get from spending.
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May 16, 2023, 10:30:30 PM
 #74

My understanding is that the more money you spend, the more likely it is that you will be aware of the costs of the items on which you have spent it. For example, you are aware of the existence of foods that are significantly more affordable while maintaining the same quality because of your spending. If you continue with your current products without realizing there are better options available, particularly in terms of pricing, you won't be able to save money.
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May 17, 2023, 02:44:08 AM
 #75

there is some people said that 'if you want to make money you must spend money'


but the truth is you need to spend it in a good way not buy some branded stuff or other. and you must know what you are doing. and willing to learn and it cost you a time too.

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May 17, 2023, 03:21:11 AM
 #76

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
I believe it's related to the fact when you spend more money you are also raising your social relationships and connections inside the society. People who sell products or services to you tend to become sympathetic to you, so you develop a kind of relationship with them, that may benefit you later once you are the one selling something or asking for a favour from them.

A single person who doesn't have friends, family or acquaintances will have much more difficult to find a job or to sell something. In other words, this person will have much more difficult to thrive financially in life, besides the high chance of not developing social skills which are essential in everyone's lives in order to become successful, since we live in organized societies or groups of people, as you wish.

Not every relationship benefits you, they are in business, and when you buy from them continuously, it only benefits them, not you. Or if you spend too much money drinking with people who don't have a job, there will be no benefit. The more you spend, the more you get, which is only true in cases where it needs to be carefully calculated in advance.
There are many ways to create relationships in society, spending a lot of money is the most common and easy way, but it needs to be suitable for your audience, not indiscriminate.

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May 17, 2023, 03:48:56 AM
 #77

Spending your money in a potential investment, it will help you to achieve more money in return when the price of those coins increase higher to your satisfaction before you can sell. I spend more money in investments, which is the best thing for any investors to do to improve their wealth by using bearish season to visit the market to buy as much you want and hold like 4 or 5 years before you will begin to enjoy massive income. I will advise you to increase your capital, because many investors experienced fixed income from their investments just that they keep using small capital to purchase Bitcoin when the price is low in the market which is not favourable.

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May 17, 2023, 04:37:47 AM
 #78

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
While it is true that you need to spend money to make money, everything depends on the kind of expenses in which you incur, it should be painfully obvious that those which spend their money in luxury goods or stuff which will never be able to produce one cent will get nothing in return for the money they have spent.

However if instead you use your money to learn new skills, buy machinery or even software which can aid you and make you more productive then you could make more money over the long term, so be careful when you hear those statements, as taken out of context they could bring a huge amount of problems to someone if they followed that advice without knowing what hides behind it.

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May 17, 2023, 04:42:06 AM
 #79

You spend more, you get more, the law of the laws of the universe, here the meaning is not only economic, but also about energy, about sensations. Perhaps if you give yourself up to your emotions and spend money without hesitation, the w-energy will come back to you doubly.
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May 17, 2023, 05:30:39 AM
 #80

You spend more, you get more, the law of the laws of the universe, here the meaning is not only economic, but also about energy, about sensations. Perhaps if you give yourself up to your emotions and spend money without hesitation, the w-energy will come back to you doubly.
The laws of nature will always be according to what a person does, because everyone has income and spends it where he needs it. It meant that he had achieved the result he wanted, because there are many people in this world who are struggling to earn more income as well as spend it in life. So when someone is able to earn more income, he should be grateful because it is indeed not only about the economy, but also about how to spend it where it is considered important.

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May 17, 2023, 05:36:07 AM
 #81

There is an opinion that the more money you spend, the more you get in return,
I even do contrary to the opinion you quoted above. The more money I earn, the more I spend. My financial management is based on how much money I get, then I spend part of it for daily needs, then save the rest as savings for the future.
If you spend quite a lot of money, especially on things that are not too important, then how can you survive when you no longer have a steady income. Spending money is easier than making money, you need good financial management in order to have savings that can help when you are in trouble.

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May 17, 2023, 06:12:32 AM
 #82

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The more money you spend on what exactly? That's the point, if you spend more money on things that wont give you more money in return you will end up broke and you will live a wretched life, spend wisely instead.

How about this? the more money you spend on investment the more you will make back in return? This is way better because it's like having 200$ to invest on Bitcoin vs someone that have 100,000$ to invest on Bitcoin, who will make more money?

The more money you invest on Bitcoin the more money you will make when Bitcoin reach a new all time high. I don't come from a rich background too and I solely invest more than I spend, all I care about is investing again and again.

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May 17, 2023, 06:31:29 AM
 #83

Not sure how that works because I think logically speaking the more you spend the more you deduct from the income. Goes by the simple math as well, hence I have questions how you got a different conclusion. You could say that you are attempting to earn more and then spend more. But I understand that earning more means having to set up a bigger position or a bigger business before starting to earn.

Still spending should be limited as per your earning and never increased without thinking twice.

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May 17, 2023, 07:04:09 AM
 #84

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Every person should spend according to their income. A person who spends without calculating his income cannot achieve any success in life. Always keep in mind in managing your life that you have to spend a certain amount from your income and save some for the future. I have never seen overspenders do well till date. At the last moment of life, they lived a lot of hardships. I also invest some of the income I earn into Bitcoin for future life. But if you want to be rich in life then you can invest bitcoins as savings without spending much.
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May 17, 2023, 07:18:23 AM
 #85

At this time we have many options for developing money, with capital or a lot of money it is easier for us to get profits or develop money without working, this is what experts call a smart way, namely to make money work for us and we have free time to enjoy life and money.

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May 17, 2023, 01:34:14 PM
 #86

Not sure how that works because I think logically speaking the more you spend the more you deduct from the income. Goes by the simple math as well, hence I have questions how you got a different conclusion. You could say that you are attempting to earn more and then spend more. But I understand that earning more means having to set up a bigger position or a bigger business before starting to earn.

Still spending should be limited as per your earning and never increased without thinking twice.
Looks like we've tripped over a puzzle! "spend more, get more." Sounds like a spending tornado, doesn't it? But let's twist our perspective!

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May 17, 2023, 01:59:49 PM
 #87

By spending more you will automatically produce more, the current financial theory is that it depends on the strength of capital, and it is proven that those who have large capital or money are easier to develop to become bigger, this is what makes the rich get richer and the poor more difficult.
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May 17, 2023, 02:15:09 PM
 #88

the more money you spend, the more you get in return
What I personally think about this line is that, you can get more in return if you invest or spend on right things. For example in business, you have to invest to expand it so you can gain more profit. Spend on things that are useful to you like improving your skills, making connections, or ways to have a side jobs to earn more. There are more opportunities for you to grow where you can get more in return if you spend more on things that will help you grow. You just have to know where to spend your money smartly.
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May 17, 2023, 02:33:52 PM
 #89

Everyone has some source of income. Who spends how depends on the source of income. It is natural that those whose main source of income is business and they earn a lot of money from that business will spend a little more, but those who work in the middle class or small jobs, but even if they want to, they will not be able to spend money like that person because their income is limited. Earning money does not depend on one's spending. If I don't have enough money to spend then where will I spend. If a higher sum is guaranteed, the cost may increase.
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May 17, 2023, 03:10:45 PM
 #90

Not sure how that works because I think logically speaking the more you spend the more you deduct from the income. Goes by the simple math as well, hence I have questions how you got a different conclusion. You could say that you are attempting to earn more and then spend more. But I understand that earning more means having to set up a bigger position or a bigger business before starting to earn.

Still spending should be limited as per your earning and never increased without thinking twice.
Actually this is part of the business, business people who already know their knowledge and in which direction they will move. For example, many companies do not hesitate to spend a lot of money for a promotion, but again we will talk about knowledge of the business itself. This will not be easy to do especially when we do not have the knowledge.
Logically, this thought cannot be accepted, because how can we make more money when we spend it more. But knowledge speaks here.

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May 17, 2023, 03:16:53 PM
 #91

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What I know is that the more you invest, the more likely it will be returned Cheesy But we have to realize that spending a lot is wasteful in my opinion and I don't really agree with something like that.

Investment is what we should focus our minds on than spending, which means even though we will be spending money, it must be limited to what we earn and we should invest a larger portion of our money on profitable assets and spend less, not everyone that knows how to achieve this because they believe in wrong theories they have been told several times by the wrond ideas received from those not performing well in theirs.
spending money without rules and continuously will actually make us more seen to be hedonists. In this case, it is different from what we are talking about Investment. Therefore, I have different opinions about spending and investing, which makes me disagree with what OP said.

I think everyone will also understand how when we shop because it also has its own responsibility because when we can't manage things like that and shop continuously without knowing the limit it's not a good thing I think so in this case it's really the difference clear. Shopping is to spend money but when investing it can be another meaning because I feel it is still so much better than that (shopping). doesn't mean I don't like shopping in this case, but my point is to shop according to needs, not just based on desires.

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May 17, 2023, 03:46:35 PM
Merited by CageMabok (1)
 #92

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
if you want to be rich, save.
and for the opinion that the more spending the more income, I'm in this phase, this is also true because there is a strong urge to make more money when we spend a lot of money but it's not good and it's not going to get rich someone like that the same thing as waste.

by the way, I was in that phase because I had to, it was circumstances that required me to be like that.
everyone certainly wants to have a lot of income and be able to save it, including me also wanting that but it hasn't been accomplished.

Actually this is part of the business, business people who already know their knowledge and in which direction they will move. For example, many companies do not hesitate to spend a lot of money for a promotion, but again we will talk about knowledge of the business itself. This will not be easy to do especially when we do not have the knowledge.
Logically, this thought cannot be accepted, because how can we make more money when we spend it more. But knowledge speaks here.
this is different from business, if in a business then all expenses will be taken into account including the cost of promotion, that has been calculated from the start.
I think the logic of spending more will get more makes a lot of sense, there's nothing wrong there.
we as human beings have no limit to keep earning income it's just that we have a small desire to encourage it and if we need more then this self will push to be able to produce more this is as if motivation for ourselves to do more to produce more .

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May 17, 2023, 05:00:03 PM
 #93

Fundamentally wrong judgment. It does not mean material enrichment. It talks about energy. This is a pattern of the universe, as this expression is called completely. There's a whole article about it.
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May 17, 2023, 05:45:33 PM
 #94

You have to spend money according to your needs. If you spend on unnecessary things, you will never be able to save money. It will make life more difficult. By spending a lot of money, you will become a good person in the eyes of people and society, but you will not find much for your needs. Drinking expensive cold drinks and soft drinks is a regular habit of many people. However, these are practically of no use. Simply put, they are a form of waste. So this practice should be avoided. Then it will be possible to reduce several costs from this sector as well. The truth is, there is no point in spending money on something that has no benefits.

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May 17, 2023, 07:49:25 PM
 #95

I think it is head to head almost every month. I do spend "more" as in I know that I get into debt, but not debt that I can't pay, which means that I end up spending more than I have, but per month basis it becomes break even.

One example would be, I can get 5 thousand dollars worth of debt if I want to, not that I have that much debt, but I can if I want to, but then pay 200 per month, that means 200 per month doesn't really ruin me, that's fine and it doesn't really impact my life as in make me poor suddenly, would be very bad so I don't have it, but the example shows that the debt is more than I make, but the per month one is not. That type of is acceptable, if you are going to spend more than you make, focus on making it that way.

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May 17, 2023, 08:24:13 PM
 #96

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The more you spend, the more you earn only applies if you are smart with your finances. Wherein, the money you spend, goes towards things that are either going to serve you well, or are going to pay you in the future. You can't just spend money belligerently and expect that money to come back to you, that's not how it works. You have to have the proper knowledge on how to make the money you spend work for you, so that you can earn from it.

Applies to investments, businesses, and every form of profit venture you can think of. If you have money to spend on those things, spend it. Watch it grow, learn and study how to make it grow, and profit from it eventually. That's just how the world works.
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May 17, 2023, 08:38:58 PM
 #97

Op, stating you have a fixed income implies a job just pays you salary. Everyone who has worked at a salary job knows it is barely enough to last the month.
Expenses must come as long as you still use electricity, gas, gasoline, the telecoms network or internet, worse if you have a family you Carter for or dependants.
The best form of spending I know is investment. It might be paying for something or someone who would ensure profitable return, unless you are just being generous, then it is all spending.  
Cut down on excesses and most importantly, secure alternative sources of income, preferably one that demands mind and mental energy compared to physical energy.

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May 17, 2023, 08:48:29 PM
 #98

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
What I know is that the more you invest, the more likely it will be returned Cheesy But we have to realize that spending a lot is wasteful in my opinion and I don't really agree with something like that.

Investment is what we should focus our minds on than spending, which means even though we will be spending money, it must be limited to what we earn and we should invest a larger portion of our money on profitable assets and spend less, not everyone that knows how to achieve this because they believe in wrong theories they have been told several times by the wrond ideas received from those not performing well in theirs.
spending money without rules and continuously will actually make us more seen to be hedonists. In this case, it is different from what we are talking about Investment. Therefore, I have different opinions about spending and investing, which makes me disagree with what OP said.

I think everyone will also understand how when we shop because it also has its own responsibility because when we can't manage things like that and shop continuously without knowing the limit it's not a good thing I think so in this case it's really the difference clear. Shopping is to spend money but when investing it can be another meaning because I feel it is still so much better than that (shopping). doesn't mean I don't like shopping in this case, but my point is to shop according to needs, not just based on desires.
There are types of spendings.

1. Spending on something like liabilities or simply wants or even needs.
2. Spending up and putting it into investment
3. Spending no giving up support into other people
4. Spending without having no plans or other considerations

You would really be finding yourself getting fucked in the end if you dont really have that proper management towards your finances just because you do believe on some sayings or whatsover
with that kind of approach on which you do spend on something which it doesnt really give out any benefits on you on which it is really that very wrong on having that kind of concept or minding towards self.
Spending but not on the sense of investment or business is really something that would be putting up on trouble.

R


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May 17, 2023, 09:19:04 PM
 #99

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
That statement doesn't fit for the world we live in right now, it might have been the case in the old times when the rule was to give and take, but today, it is only to take and never give back. You can barely find a person who is willing to give even if they have a lot of wealth, and they are always ready to take more if they get the opportunity.

And for a person with a limited income, there is no getting back, you can barely fulfill the basic needs of your family, and you don't get to spend much on anything else which might give back something to you sooner or later.

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May 17, 2023, 09:30:17 PM
 #100

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
It depends on what you are spending into. If you are just spending your money to satisfy your wants through unnecessary things, that will never give you valuable returns. However, if you spend on useful and essential things that will generate an income later on, then probably you can expect high returns after that. If spending a good amount of money means you are taking the risk, then you will really have high chances to receive  more amount of money once you also learn to manage how to deal the risk.

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May 18, 2023, 03:33:05 AM
 #101

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Many people think that by spending more it will automatically generate a large income, in my opinion this is the wrong thinking, many people are complacent with spending more so that it becomes a habit, when income is not enough then he will sell assets or go into debt so the best thing we can do is do is adjust income and expenses.


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May 18, 2023, 05:16:38 AM
 #102

I think it is head to head almost every month. I do spend "more" as in I know that I get into debt, but not debt that I can't pay, which means that I end up spending more than I have, but per month basis it becomes break even.

One example would be, I can get 5 thousand dollars worth of debt if I want to, not that I have that much debt, but I can if I want to, but then pay 200 per month, that means 200 per month doesn't really ruin me, that's fine and it doesn't really impact my life as in make me poor suddenly, would be very bad so I don't have it, but the example shows that the debt is more than I make, but the per month one is not. That type of is acceptable, if you are going to spend more than you make, focus on making it that way.

An interesting judgment. It is by getting into debt to spend more. I used to borrow before paycheck, I spent 30 percent more than I earned, but with each new month when I received my salary, I had to give back this 30 percent. Thus, it is difficult to say whether I lived in plus or minus. It turns out that in this case I spent more and received even more.
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May 18, 2023, 08:32:00 AM
 #103

Many people think that by spending more it will automatically generate a large income, in my opinion this is the wrong thinking, many people are complacent with spending more so that it becomes a habit, when income is not enough then he will sell assets or go into debt so the best thing we can do is do is adjust income and expenses.

When you spend more on investing that your expenses because too much to some people, you'll gain more than you spent, when your investment are matured for selling. Spending should be strategically done so you don't spend on things that are not necessary. Your spending should be done on things that'll bring more money in the future.

People spend money on the wrong things like overspending when they go out to hangout with their friends. They spend just to impress others but things like that aren't necessary since they won't bring money back. Spending should be done for acquiring assets for the future.

R


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May 18, 2023, 03:30:15 PM
 #104

An interesting judgment. It is by getting into debt to spend more. I used to borrow before paycheck, I spent 30 percent more than I earned, but with each new month when I received my salary, I had to give back this 30 percent. Thus, it is difficult to say whether I lived in plus or minus. It turns out that in this case I spent more and received even more.
Maybe you are still a little lucky because you still have a trusted place to borrow to live a life that is quite stable, so it is difficult to know which sector is still lacking. But if I examine it in general, you still have a minus in the amount of income because you still have to take out a loan before you receive a salary from your own work. Because if your salary is enough for you to use for a month, that means you don't have to make a loan before receiving your salary the following month.

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May 18, 2023, 04:06:20 PM
 #105

An interesting judgment. It is by getting into debt to spend more. I used to borrow before paycheck, I spent 30 percent more than I earned, but with each new month when I received my salary, I had to give back this 30 percent. Thus, it is difficult to say whether I lived in plus or minus. It turns out that in this case I spent more and received even more.
Maybe you are still a little lucky because you still have a trusted place to borrow to live a life that is quite stable, so it is difficult to know which sector is still lacking. But if I examine it in general, you still have a minus in the amount of income because you still have to take out a loan before you receive a salary from your own work. Because if your salary is enough for you to use for a month, that means you don't have to make a loan before receiving your salary the following month.

Additional income can really solve it, as he will not need to borrow it again. This cycle is really known to those minimum wage earners because their salary is enough, and once you start to borrow money, it will have a chain effect and last until you don't have extra money because you'll always be caught short when you receive your salary as you need to pay it, so having an extra income is good so that your salary would be enough.
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May 18, 2023, 04:44:03 PM
 #106

Many people think that by spending more it will automatically generate a large income, in my opinion this is the wrong thinking, many people are complacent with spending more so that it becomes a habit, when income is not enough then he will sell assets or go into debt so the best thing we can do is do is adjust income and expenses.
I think this is not certain in the types of money spending, investing/business is also a direct or indirect form of spending that you can add value to earn a higher return when you spend more . In addition, in the types of smart money spending, skillfulness towards business relationships at work also brings greater benefits. Of course, external realities are not just a matter of right and wrong… it can be in a state of incompleteness in different contexts.

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May 18, 2023, 10:05:50 PM
 #107

It depends on you if you want to break the chain of people wanting to keep their safe place of having an income with zero investment because they are afraid that they lose their money depend o you but people with a higher risk in their life related to finances have the more potential to grow their money. It's not ideal to sleep your money in the banks only and keep those for your daily expenses if you can lessen your wants you can compromise your needs and make more money extra for ideal investments. Discipline is the best routine for this.

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Alpha Marine
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May 19, 2023, 05:12:09 AM
 #108

You got all wrong. Spending more to earn more doesn't mean you should spend more money on consumption and you'll get more. It means if you invest more you will get more. If you have a business and you put more money in that business you will get more profit. That is simply what that saying means.
I don't see how you can get more money if you spend more money on consumption. It's not magic. You take money out, it's not coming back unless it's an investment.

As a landlord, if you spend more money to renovate your property, you can charge your tenants more. If you put in $100 dollars in a particular investment and another fellow puts in $1000, there's every tendency that that fellow will make more profit than you.
Companies that invest a lot in marketing most likely make more than companies that don't invest in marketing.

R


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May 19, 2023, 09:27:56 AM
 #109

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
But it also matters where you spend your money or what kind of investment do you choose. Capital is very important when investing and I agree with it saying more capital, more possible profit but if you put into an investment that you don't have any idea how it works, believe me or not, it can empty your wallet as well and lose your money. Capital would be a big factor but also, we need to plan it well and make sure that we really understand what we are doing.

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koleusdat (OP)
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May 19, 2023, 09:32:57 AM
 #110

A similar saying that goes givers never lack, in this case I think you misquote the saying because in reality the more you spend, the more you lose (unless you’re buying assets, in that case it shouldn’t be referred to as spending but investing because spending often refers to buying luxuries and wants). The more correct saying is the less you spend, the more you save. I think the importance of saving money cannot be overstated because in order to make the necessary investments and diversify your portfolio you need to have savings.


I heard this opinion from another person who has an average income. It became interesting how he reasoned that he invests large sums in himself, and thanks to this, money reaches out to him. I understand that it's strange to say this without earning a lot. In general, where is this expression from, I have heard it many times. A very interesting judgment.
goldkingcoiner
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May 19, 2023, 09:45:39 AM
 #111

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That depends on what you spend your money on as well as what you consider "spending" to be defined as in the first place. Huh

Spending money on something that does not stay with you for a long time (Food, clothes, other perishables etc.) is just throwing money away. Especially if the perishables are unnecessarily expensive (luxury items). However spending money on an investment that grows and becomes more valuable over time is a good way to spend your money, I would think.

But even then you need to be smart about your investments and do a lot of research. You cannot just blindly throw money around and expect it to boomerang itself back  into your life. Roll Eyes

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savetheFORUM
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May 19, 2023, 12:21:16 PM
 #112

Not every relationship benefits you, they are in business, and when you buy from them continuously, it only benefits them, not you. Or if you spend too much money drinking with people who don't have a job, there will be no benefit. The more you spend, the more you get, which is only true in cases where it needs to be carefully calculated in advance.
There are many ways to create relationships in society, spending a lot of money is the most common and easy way, but it needs to be suitable for your audience, not indiscriminate.
That is what sensible people would notice in most gambling platforms since it is essential to have a good customer service that is responsive, quick and friendly with the players so that they don't feel like they need to change their selected platform only because the customer service is crap. That is obviously one of the most effective ways of retaining gamblers.

Some people might choose a platform only because it offers good bonuses and promotions and they will totally ignore the quality of service they are providing, and if a platform is providing both, good bonuses and quality service, that is icing on the cake.
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May 19, 2023, 12:51:00 PM
 #113

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
But it also matters where you spend your money or what kind of investment do you choose. Capital is very important when investing and I agree with it saying more capital, more possible profit but if you put into an investment that you don't have any idea how it works, believe me or not, it can empty your wallet as well and lose your money. Capital would be a big factor but also, we need to plan it well and make sure that we really understand what we are doing.
if for investment or venture capital of course the more capital the greater the possibility of profit.
but if it is to spend on non-essentials then I don't think we will get more when we have spent more.
the concept of spending more will get more I don't think everything can apply to business or investment, all of that must be based on rules and qualified knowledge because in investing and also business the power of money can't always make a profit.
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May 19, 2023, 12:52:53 PM
 #114

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
The steady income that you get every month makes your mind a little calm when spending money to buy the goods or food you want, In general, the expenditure circulation is determined by the amount of income each month. Save a portion of your income every month to make your dream of becoming a rich person come true, you can determine how to save or invest these funds in Bitcoin.
Independence will shape your character to be a hard worker, manage your expenses wisely, you will feel the benefits in the future.

R


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YinShuiSiYuan
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May 19, 2023, 01:17:04 PM
 #115

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
But it also matters where you spend your money or what kind of investment do you choose. Capital is very important when investing and I agree with it saying more capital, more possible profit but if you put into an investment that you don't have any idea how it works, believe me or not, it can empty your wallet as well and lose your money. Capital would be a big factor but also, we need to plan it well and make sure that we really understand what we are doing.
if for investment or venture capital of course the more capital the greater the possibility of profit.
but if it is to spend on non-essentials then I don't think we will get more when we have spent more.
the concept of spending more will get more I don't think everything can apply to business or investment, all of that must be based on rules and qualified knowledge because in investing and also business the power of money can't always make a profit.
The subject should say the more you invest your capital yhe more you earn or get , spending includes many diverse things which can be careless spending or fun spending.
Yes if you invest more in any business venture you get more profits and that is essential right now to lofe a smooth life .

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Iroh
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May 19, 2023, 01:37:44 PM
 #116

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

I think the saying should be “the more money you spend in trying to make more money, the more money you get in return”. You can’t spend money on frivolous activities and hope to get some more money in return. It’s absurd.
There’s a phrase I know which is  “making your money work for you”. This entails having some good and viable investments and perhaps some sort of business that would actually bring in profits for you after you must have sunk some good money into it. You’ve got to spend some money to make more money and I don’t mean buying things you would have no need for later on.
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May 19, 2023, 02:25:31 PM
 #117

An interesting judgment. It is by getting into debt to spend more. I used to borrow before paycheck, I spent 30 percent more than I earned, but with each new month when I received my salary, I had to give back this 30 percent. Thus, it is difficult to say whether I lived in plus or minus. It turns out that in this case I spent more and received even more.
Actually, you're currently in a negative situation where your income should have had an emergency fund allocation that could have been used to pay off your debts until you're debt-free. The total amount of money you spend equals your total income. This is not ideal for a longer-lasting life, as everyone eventually stops working at a certain age. The human body is limited, but money in this world is limitless.

You need to reevaluate your salary allocation management. Make it a priority to pay off your debts, even if it means working hard for a while. Once you reach the point where your debts are fully paid off, you will automatically have leftover income that you can use for investments.
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May 19, 2023, 04:19:55 PM
 #118

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Spending and making a profit are two distinct things. You must invest if you wish to increase your assets. Since neither I nor any of my family members were born wealthy, I could identify with your predicament. The only option I'm aware of to make more money is to work harder. In addition, we must always budget enough for savings and investment and handle our money responsibly.
Aiming to spend more while making more money is unachievable unless you work in business. It's an option, but you'd need to be knowledgeable and motivated enough to handle things properly. If you want to earn more than your usual salary, you might explore for other ways to make money that fit your interests and skills.
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May 19, 2023, 05:07:09 PM
 #119

Some of them are always aiming for the desire to live in wealth, so they work hard to make that dream come true. When people aim for a certain lifestyle, they often need to generate a higher income to meet their financial goals and cover the associated costs. Working hard, pursuing career advancements, and making more money can actually be part of the process of achieving that desired standard of living. Each person may have a different lifestyle, but it is important to remember that living in a way that is suitable and satisfying for your happiness is okay.

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May 19, 2023, 06:49:27 PM
 #120

It depends on what you spend your money on and how you spend it, if you spend money on useless and valueless things you would end on poorer, if you invest in yourself or invest in things that real investments, the money will come to you multiple fold, but what guys do spend money are ladies, friends, cars, alcohols etc

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May 19, 2023, 07:10:21 PM
 #121

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Topic is very subjective, IMO. Answers usually depends on the type of people and on what things do they spend their money to, the OP's phrase is not that new anymore because that means "if you will give more, you will receive more" in a good manner and practically, that means you will really spend more so that you will get more in return. But if your understanding towards the phrase is to spend in nonsense things just to receive more, then you're really in a wrong direction.

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May 19, 2023, 07:16:33 PM
 #122

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
But it also matters where you spend your money or what kind of investment do you choose. Capital is very important when investing and I agree with it saying more capital, more possible profit but if you put into an investment that you don't have any idea how it works, believe me or not, it can empty your wallet as well and lose your money. Capital would be a big factor but also, we need to plan it well and make sure that we really understand what we are doing.
if for investment or venture capital of course the more capital the greater the possibility of profit.
but if it is to spend on non-essentials then I don't think we will get more when we have spent more.
the concept of spending more will get more I don't think everything can apply to business or investment, all of that must be based on rules and qualified knowledge because in investing and also business the power of money can't always make a profit.
The subject should say the more you invest your capital yhe more you earn or get , spending includes many diverse things which can be careless spending or fun spending.
Yes if you invest more in any business venture you get more profits and that is essential right now to lofe a smooth life .
When we do talk about spending then it would pertain into lots of possible ways or methods or on which we know that spending could really be applied.It would be classified whether you are still on the right control
or not. It would really be determining the outcome whether you are spending that wisely or not. We know that on each wrong decision or behavior that had been made would really be having that corresponding outcome or result on which we do really need to face on. Spending up on something useless and not something beneficial isnt really that something recommendable.Always be wise on your spendings and be realistic
on what it should. If we do speak on investment spending then it is really having the chance to get some positive results or outcomes with this because we know that each business or investment does have a particular risks unlike when you do spend into something which it doesnt really give out any value but well there are really moments or times on which we do really like to buy on things that we do hope or wish for.

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May 19, 2023, 07:50:19 PM
 #123

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
In the realm of finances, there is a belief that the more money you invest or spend, the greater your potential returns or rewards. This notion sparks curiosity about discovering whether this principle truly holds true in practice. However there be conflict with theoretical and practical aspects.
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May 19, 2023, 08:24:10 PM
 #124

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more?

This is obvious in the investment world. The more money we allocate to our investment, the bigger the profit we can accumulate since profit is dependent on the amount of capital we invest in.

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Who really faced big expenses and received even more?

Investors do face big expenses and received more dependent on the amount they invested.


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How does it work, maybe I don't understand the essence of it correctly?

The idea of more money gives more profit can simply be explained as, when we are investing in the same asset, the person that put more money into investment will definitely will rake more profit.  We can set this scenario as an example:

In an investment, $100  can produce $10 profit a month.  So putting a larger amount will surely give us more profit.

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Topic is very subjective, IMO. Answers usually depends on the type of people and on what things do they spend their money to, the OP's phrase is not that new anymore because that means "if you will give more, you will receive more" in a good manner and practically, that means you will really spend more so that you will get more in return. But if your understanding towards the phrase is to spend in nonsense things just to receive more, then you're really in a wrong direction.

The subject of investing more will profit more is way different than the concept of giving more to receive more.  This can be proven by mathematical differences because investment and profit can easily be calculated while the concept of giving out more to receive more cannot be computed. The first one can be labeled as a fact while the latter can be considered as a myth.

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May 19, 2023, 08:34:14 PM
 #125

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
This is not always true unless you have reasonable things you are doing and that is going to make us lose more if we are not having sometimes that is giving us consistent profits to our table. There are people who still have this opinion that the more you spend, the more your earn and it can not be true if there is no consistent money coming onboard. Rather it is like this, "The more you earn the more you spend." This is because the more money that keep entering your hand, the more you will spend because the would be more problems coming your way especially from your friends and family.









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May 19, 2023, 09:10:45 PM
 #126

I think the saying should be “the more money you spend in trying to make more money, the more money you get in return”. You can’t spend money on frivolous activities and hope to get some more money in return. It’s absurd.
There’s a phrase I know which is  “making your money work for you”. This entails having some good and viable investments and perhaps some sort of business that would actually bring in profits for you after you must have sunk some good money into it. You’ve got to spend some money to make more money and I don’t mean buying things you would have no need for later on.
That's true, you need to spend money to make money and a lot of people are refraining from that and the result will never be good if they keep doing that. I get that it is not going to be easy, but at the end of the day if you do not risk something, then you are not going to get anything at all.

I managed to do something before once in my life, it was a good project and I risked it and grew the business and I basically made break even, maybe like a tiny bit more like couple hundred dollars to be fair, but that's about it. On the other hand, when we are talking about someone who doesn't risk anything and try to do it all for free, it's not going to work and the result will not be that good and you can't really do much that way, it just doesn't make sense.

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May 19, 2023, 09:29:43 PM
 #127

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
You don’t have to force yourself to spend more than of your income, that will not make you rich but it will clearly put you into debt. Even in an investment, bigger capital does not guarantee high returns too. So the safest way is just to spend or invest an amount that you can afford to lose. However, if you apply this condition to helping others, well it’s really true the more you give, the more you receive. But know that we should not always expect returns from others because that will only disappoint us if ever.

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May 19, 2023, 10:07:59 PM
 #128

I'm a little less good at financial management but I've learned a little. it's not about how we save money but also how to develop assets to make more of it. I am a person who is afraid of losing, but since investing in crypto I think it's a natural thing to trade. I will see how they are the same as me, they must experience losses and profits according to how consistent they are in their research.

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May 19, 2023, 10:41:45 PM
 #129

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
You don’t have to force yourself to spend more than of your income, that will not make you rich but it will clearly put you into debt. Even in an investment, bigger capital does not guarantee high returns too. So the safest way is just to spend or invest an amount that you can afford to lose. However, if you apply this condition to helping others, well it’s really true the more you give, the more you receive. But know that we should not always expect returns from others because that will only disappoint us if ever.
Indeed. Spending more even the purpose is to use it for investment doesn't necessarily mean you'll gain more. As we know, it is associated with risk hence the result is not guaranteed. Therefore before you spend your money for investment, have plan because not all investments are profitable and many of them are just scam.

Anyway, when it comes to helping others by giving more, it's an act of kindness and as you've said we should not be expecting to get anything in return. People with a good heart is more blessed and that's what you'll get for being a blessing to others.

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May 20, 2023, 04:33:03 AM
 #130

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

It depends on the situation and depends on how you spend your money. Just like me my fixed income is just enough to cover up all my expenses and I make sure that i budget my needs wisely. For you to be able to get more income you need to go out of your comfort zone and try to find extra job or freelance job that can help you to have more earnings. And if you have save enough try to invest in a business or any investment that you think you earn profit. Just make sure before engaging in any business you thoroughly research and study it to avoid big losses.

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May 20, 2023, 06:02:54 AM
 #131

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I don't believe in this idea,  the more money you spend is the more money you get, life does not work This way. We don't get money based on the amount of money spent.  Getting money is calculation and hard work, you only work for money to get money.  If you have this mentality spending more money will  give you more money without work or different ideas to give you money,  you will just run broke.  Money is suppose to be spent according to the amount earn, if the spending is higher than the than the income,  it is a bad habit of spending money that should not be practice.

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May 20, 2023, 07:58:34 AM
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 #132

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more.

This is entirely about the management of your financial management, you should pay attention to the way you manage the management of your expenses and also your income, and yes it's true that you really need the necessities of your life and involve expenses that should be erratic so that in reality your expenses will still be large compared to your income is erratic in the sense that it is not fixed. we honestly don't know how you spend enough money while you are not someone who has a big enough steady income.

I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Maybe you will be able to achieve it when you understand and manage what you should set to target in the future, manage your financial management as well as possible, if you can minimize a few expenses that were large enough so you can put in a little money for savings or something like that, maybe we suggest a little to be able to join in Investments and one thing that needs to be considered and remembered Investments will not promise you riches, but you will feel it when you have started joining.

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May 20, 2023, 09:15:18 AM
 #133

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.

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May 20, 2023, 02:49:59 PM
 #134

Based from my understanding, I think the more you spend money of course you would be aware to the prices of the products you've spend your money. Like for foods that there's much cheaper and still gives the same quality and you have known that knowledge due to your spending. By that you could manage yourself to budget your money because if you stick to your products not knowing there's much better to it especially to price then you can't save money.

While being aware of prices and seeking affordable options can contribute to effective budgeting and savings, it's important to strike a balance. It's not about depriving yourself of everything but rather finding a middle ground between enjoying the present and planning for the future. Remember to also consider factors like quality, personal preferences, and long-term value when making spending decisions.

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May 20, 2023, 03:17:37 PM
 #135

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.

Indeed, this sounds only true in the scope of investment, when we have a large amount of capital, it is natural to receive large profits. But saying that spending a lot of money on useless things like buying unnecessary things, eating lavishly, or drinking too much will never bring many benefits. And spending too much money to invest while forgetting about other urgent needs is also not a good thing, life needs to have a balance of everything.
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May 20, 2023, 05:08:37 PM
 #136

I usually have to save money to spend a little because getting it in one day is uncertain, sometimes it can be a lot, sometimes the expenses are even more. as someone with an irregular salary because of investment and trading I decided to minimize expenses so that in some time I can reduce expenses so that I can balance when my income is not like the usual day.

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May 20, 2023, 06:39:14 PM
 #137

If we will spend more then we will get more depending of the price of the goods that we buy, but if you mean spending more money can get more money maybe you are not mean spending it is maybe investing, if we invest more money we will get a big return than investing a small amount of money.


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May 20, 2023, 08:24:28 PM
 #138

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
For me it is not really true, when you spend the amount of assets in your life will be lesser so how come that when you spend more you will get more? If you want to be rich then get more, it is not sin to be rich or to dream of being rich because you work hard for it as long as the money that you will get will came from clean jobs then no problem with that thing.
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May 20, 2023, 09:31:53 PM
 #139

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Spending above your means will never be beneficial on your part and that you can never expect higher returns after that. But you'll be closely drown to debt. Maybe if you consider helping those unfortunate people, you can spend more so you can give more. But if you are in an investment, spending over your income will never guarantee good returns. That's why only invest at your own risk.

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May 20, 2023, 11:15:20 PM
 #140

I usually have to save money to spend a little because getting it in one day is uncertain, sometimes it can be a lot, sometimes the expenses are even more. as someone with an irregular salary because of investment and trading I decided to minimize expenses so that in some time I can reduce expenses so that I can balance when my income is not like the usual day.
Even for someone like us my friend who has stable jobs wouldn't want to maximize our expenses just because we wanted to, what we eally wanted is for us to dave more money not only to have more investment or play with our money but also for us to have more lee-way in our savings and our spendings in a more beneficial way. It is hard to earn money nowadays since it is very complicated requirements and other stuffs but it is more likely to spend than to earn. That is what reality nowadays is all about. The thing also is that we could not hoard too much money just because we wanted and needed to, and that also depends on what's our move in order for us to have extra income or side hustles which can greatly help us in a long run.

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May 20, 2023, 11:23:15 PM
 #141

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

This depends on what you spend on, what areas.  if it is said to spend money for daily living needs, this is completely wrong, when you spend money, it means that your assets are decreasing, how can you say that you will receive more?  but if we talk about investment then this may be true. when you spend a large amount of money to invest, you will have the opportunity to get big profits.  but investing is risky, not only money spent will be profitable, profit or loss depends on your ability, knowledge, and experience.

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May 20, 2023, 11:45:59 PM
 #142

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

It's really just an opinion, like you called it, and after all, not all opinions are true; some people are just made to believe in certain logics of other people, of which practically what they are insinuating is never possible in this world.

I can therefore even modify the statement to say, "The more money you spend on things that matter or things that generate more income, the more money you get." At least it's an attainable fact that can actually be proven to be true. For instance, if you are working at a fixed salary and you save up to open a business and employ workers, you will definitely be making profits from your business. If you again save up and invest in some landed properties, time will come when you will rip those investments so huge with profits, so I can say that when some people spend on things that yield more income, they will get the cash flow coming in, but if they just keep spending so lavishly on useless things, there is no way they will get that money back.

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May 20, 2023, 11:48:52 PM
 #143

Spending above your means will never be beneficial on your part and that you can never expect higher returns after that. But you'll be closely drown to debt. Maybe if you consider helping those unfortunate people, you can spend more so you can give more.
And there's this karma belief that if you give more then you'll get more and that's the practice that others are believing. As the bible says that, the more you give, the more you'll receive and you're blessed than others.

But if you are in an investment, spending over your income will never guarantee good returns. That's why only invest at your own risk.
That's the thinking of many in investing, the higher capital you to start with. The greater returns and chance of profiting are what's gonna make you confident. But that's not the right thing to think of, yes, you've got better and higher funds but it is the performance of your investment that will still dictate your profits. And knowing that is your thing and the research that you'll do before investing on that asset or investment like Bitcoin.

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May 21, 2023, 03:47:10 AM
 #144

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.
Yes, I think the more you invest, the more money you will get. But if you make a wrong decision, there is a possibility of losing money, so you have to think carefully before investing. But don't think twice before investing for a job.  If he invests all his money for the whole month then he will make a big mistake. He has to invest some of his money and it will be better if he uses the remaining money for other purposes. In this way, there is a possibility of becoming rich.

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May 21, 2023, 04:13:32 AM
 #145

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.
Yes, I think the more you invest, the more money you will get. But if you make a wrong decision, there is a possibility of losing money, so you have to think carefully before investing. But don't think twice before investing for a job.  If he invests all his money for the whole month then he will make a big mistake. He has to invest some of his money and it will be better if he uses the remaining money for other purposes. In this way, there is a possibility of becoming rich.

Don't put all your eggs in one basket; this really applies to all. No matter how sure you are, you should always diversify your investment. All of his salary was invested in it, which means he has nothing to spend it on now unless he has extra money or he still has no family or kids as he is relying on his parents, but putting it all in one basket is not a good idea. Also, getting rich is not that easy in this kind of investment; you really need not just diversification but also patience, knowledge, and the right timing.
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May 21, 2023, 03:11:03 PM
 #146

The more money you invest, the more returns you will get. But the more money you spend, the poorer you will be and at some point you will be in debt. I have never seen anyone spend more money and get more return.  People who spend more money than necessary are always in debt.  If you want to be rich then you must refrain from overspending.But it totally depends on you what you actually want to spend.But it totally depends on you what you actually want to spend.  But never go to invest extra money there may be risks.  Always try to keep some savings and invest.

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May 21, 2023, 04:05:54 PM
 #147

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That idea is for business class people and investors, you know that people say the way you dress so you will be address in that way, some people you see with flashy cars and wears do it not because they wanted to have them but to feel among, it is a way you to market yourself and put values into what you want to offer your client. There is high chance of investors wanting to do business with you when they see that you are smart and very presentable, no one will choose to work with you if you don't have packaging, that is how the world works my friend and this is not for the average working person that go to normal job and comes back home to rest, it is for huslers.

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May 21, 2023, 04:18:15 PM
 #148

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

We have a lot of expenses but not enough for our family expenses and monthly bills. In short, the salary of just being an employee is not enough if all expenses are dependent on the salary at work.

       That's why others are still looking for a sideline job or part-time income, and there are many people who do that here in our country, even in other countries, other people do the same. And there is no one who doesn't want to get rich, of course everyone wants it, but not everyone works out how to achieve it.



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May 21, 2023, 07:25:51 PM
 #149

It depends on what you spend your money on and how you spend it, if you spend money on useless and valueless things you would end on poorer, if you invest in yourself or invest in things that real investments, the money will come to you multiple fold, but what guys do spend money are ladies, friends, cars, alcohols etc
You will never get any returns if you spend on materials that brings luxury for you, but if you invest and give more on potential investments particularly with bitcoin, that creates high chances to make you even more profitable when the market favors you. So never spend on things that only brings temporary satisfaction but focus more on long term investments that may give you multiple fold of profits once your investments paid off.

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May 21, 2023, 07:59:35 PM
 #150

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you.

I totally disagree with you; you will need more facts to prove how true this is. I'm a Christian, you know, and I've covered several parts of the Bible, and there's no place in that Bible that says spending more will earn you more. If you spend on things that are very worthwhile, you may definitely benefit from their worthiness.

Even some statements in the Bible practically stated that if you don't do things the right way, you will not see any results.

I know there is a verse in the Bible that says, "Givers don't lack, but to be honest with you, you really need to give wisely; otherwise, you will lack more and there will be no one to return the favor. That's because the favor that we do to other people will one day come back to us, but if you do the favor foolishly, nothing will return to you.

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May 21, 2023, 08:26:41 PM
 #151

if you mean in terms of investment scope, then that is the right thinking. the more you invest, the more you get. it only works when you invest in the right things. having a main job and many needs is not something that will prevent you from investing. that's why many people say that you need to manage the salary you have so you can insert a few percent to invest. if your investment is successful, you may be able to become a rich man, and have more businesses that earn more income. if you don't have a rich family then start from yourself.
Indeed. That could lead you to a good direction if you spend more on some high potential investments. But if spending only means those materials that only bring satisfaction on your part, then don’t expect that you will get high returns from it. That will only make you overspend and end up having a debt so you can still survive with little money left. It’s good to spend in things that could give you high returns in the future, but if it only means buying yourself a lot more for your own selfish desires, then it will definitely make you poorer in the end.

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May 21, 2023, 08:33:41 PM
 #152

There was a story told to me by a friend. Its definitely a shady business deal and a terrible thing, I do not accept it, but politics is politics. There was this dude who was building a big building, and the sewer system ended up being a bit different based on the way it was designed, so it would cost a ton more, nearly a million lira more (about 50k dollars) and he didn't want to spend that at all. So instead, he found out who was in charge of legally signing off on that document, called up some friends, and then went to places he was and meet with him via friends on places, like it was coincidence and not stalking him. Then he went on friending him, this took 6 months because the building was already in blueprint period, not even a single nail was struck, it was all just on paper, so for 6 months until the construction began, he befriended the local official, and even gifted him his watch, an expensive one, and in return he didn't even say anything. So when local official saw his name on one of the problematic issues, this time official called him and basically helped him. So in exchange of a 2-3k watch and a few dinners and drinks and a good chat, dude basically got away with 45k profit and did not get that problem.

You spend, you earn. Its that simple. Horrible life we live in, this is disgusting and make me want to puke, but its real.

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May 21, 2023, 08:58:10 PM
 #153

Usually that's a biblical statement and it only works for those who are spiritually committed otherwise it won't work for you.

I totally disagree with you; you will need more facts to prove how true this is. I'm a Christian, you know, and I've covered several parts of the Bible, and there's no place in that Bible that says spending more will earn you more. If you spend on things that are very worthwhile, you may definitely benefit from their worthiness.

Even some statements in the Bible practically stated that if you don't do things the right way, you will not see any results.

I know there is a verse in the Bible that says, "Givers don't lack, but to be honest with you, you really need to give wisely; otherwise, you will lack more and there will be no one to return the favor. That's because the favor that we do to other people will one day come back to us, but if you do the favor foolishly, nothing will return to you.

Quote
2 Corinthians 9:6-8
Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver. And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.

I think that portion of bible ends your argument, besides I don't have such time to exchange any word with anyone.

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May 21, 2023, 09:36:00 PM
 #154

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I think this is just a theory, you just have to used logic here and see that it just won't simply work. Specially like if you just have fixed income, have a regular 9-5 job. It will take a lot of imagination to have this theory work on you. Maybe if you have the money and spend it like building your own business empire, then maybe there is some sense in this saying. But if you are just spending your money buying and not investing, then obviously, nothing will be returned to you. So that's it, invest the money that you have instead of spending it to useless stuff and material things, practice frugality and then have the mindset to let's say in crypto to just hold on your assets and sell it at the right time, maybe you will get more in return.
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May 21, 2023, 09:47:42 PM
 #155

A friend have briefed it through biblical verse. This is also connected with business as well as with investment. I'm not sure how far it connects. With investment, the risk is high whereas the profitability depends on the volume invested. More invested will give back more profit. Another thing I have come across business persons who used to say, right now market isn't to grow from the scratch. We should have the ability to do big business only then we'll be able to get big revenue. So, in different things it can be connected.
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May 23, 2023, 06:01:19 AM
 #156

The essence of this expression is suitable for very energetic people, because they can make money on everything. Therefore, they spend a lot and get twice as much, the type of people who can achieve a lot always say like this expression.



I also think that's what only the already successful and rich say. While ordinary people, having spent all their money, will not be able to get it twice as much as those who have a fixed income, this expression is not relevant at all. Unless you're not a seller of some parts.
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May 23, 2023, 06:45:27 AM
 #157

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

The belief that spending more money leads to greater returns is not necessarily true in all cases. While it is true that strategic investments and certain expenditures can potentially yield higher returns, it is not a guaranteed formula for wealth accumulation. It's important to approach this topic with a balanced perspective.
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May 24, 2023, 02:45:00 AM
 #158

The belief that spending more money leads to greater returns is not necessarily true in all cases. While it is true that strategic investments and certain expenditures can potentially yield higher returns, it is not a guaranteed formula for wealth accumulation. It's important to approach this topic with a balanced perspective.

In this case, it is also necessary to look at which way we spend money, if someone only spends money to pay for their daily needs, which means they only spend money for consumption, then the return is that they will not be hungry in their life. But if someone is spending money on things like investing in real estate as well as investing in crypto, the most important thing he should consider is choosing an asset that is suitable for the long term.

So that the return can be seen more clearly through the profit that he might get, so the perspective is about in which direction a person spends his money so that he can know about what return he can get in his life even though it is not a basic formula to guarantee wealth, but when the returns can be much greater at different times, of course someone can also become rich in his life.

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May 24, 2023, 03:20:33 AM
 #159

The more money you invest, the more returns you will get.

This is also not entirely true because not all investments bring good returns. To make a lot of money in investment not only requires a lot of capital but also needs a lot of factors combined to get a big profit. Like if you invest 1 million dollars in bitcoin for 69k$, your return will not be greater than those who invested tens of thousands of dollars in bitcoin when bitcoin is only a few dollars. Choosing the right potential assets to invest, the right time to invest, and the ability to hold until profitable…it can be said that there are many factors that combine to create the highest possible profit.

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May 24, 2023, 05:41:28 AM
 #160

Ah, you've raised a truly important point! The conventional wisdom is indeed that money spent wisely leads to higher returns. But the operative word here is 'wisely', and I echo your sentiment that it's not a universally applicable formula. When spending money on daily needs, the return is intrinsic and immediate, such as satiating hunger or acquiring an essential service. However, investments, whether in real estate or cryptocurrencies, require a more strategic approach. It's a game of chess, not checkers.

Consider the risk-return tradeoff. A higher potential return often comes with a higher risk. So, even though the potential for considerable returns is alluring, one must bear in mind that investments can go south. I'd argue that diversification can be an investor's best friend. Distributing investments across various asset classes can help manage risk and potentially increase returns. It's like hedging your bets at the racetrack; you might not win every race, but you stand a better chance of walking away with more than you started with.

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May 24, 2023, 05:12:37 PM
 #161

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.


Initially is not really you spent money and you feel that how you get it back, frankly speaking it is really not done that way because the way we get our money is not the same way we spend it.
The way we get our monthly payment is not the same way we spend it.
Of a truth life is not bed of roses, life is not the way you see it and is never how you think it is. Just have it in mind that the way you plan your life that how it will look like for you, don't make more and you think of spend it in a day or a week and still having it in mind that you will gat more after spending they won you have.
You should know that it not all deals that brings profits.

Yes, life is not sugar, so you need to look under yourself, this expression may seem different in different situations and in individual cases.
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May 24, 2023, 05:43:08 PM
 #162


This is also not entirely true because not all investments bring good returns. To make a lot of money in investment not only requires a lot of capital but also needs a lot of factors combined to get a big profit. Like if you invest 1 million dollars in bitcoin for 69k$, your return will not be greater than those who invested tens of thousands of dollars in bitcoin when bitcoin is only a few dollars. Choosing the right potential assets to invest, the right time to invest, and the ability to hold until profitable…it can be said that there are many factors that combine to create the highest possible profit.
If you were able to create a capital of 1 million dollars, then you are probably familiar with these rules and understand that you cannot enter an investment when the price reaches ATX. And you probably will not buy bitcoin in one transaction, but will buy in parts, which can also increase the chances of getting the best price. But for such a large capital, you can look for more conservative investments with lower risks, the profit may also be smaller, but it will be more stable.

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May 24, 2023, 06:52:56 PM
 #163

The more money you invest, the more returns you will get. But the more money you spend, the poorer you will be and at some point you will be in debt. I have never seen anyone spend more money and get more return.  People who spend more money than necessary are always in debt.  If you want to be rich then you must refrain from overspending.But it totally depends on you what you actually want to spend.But it totally depends on you what you actually want to spend.  But never go to invest extra money there may be risks.  Always try to keep some savings and invest.
from most of the experiences of poor people who have just held a lot of money will not be able to manage that money to change their destiny. most of the poor to buy something that he has never had in his life that makes the biggest regret is a dream for the future. the soul of a business person from the poor is very little, wants to reach a change in life because of the pain that is faced every day

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carlfebz2
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May 24, 2023, 07:19:14 PM
 #164

The belief that spending more money leads to greater returns is not necessarily true in all cases. While it is true that strategic investments and certain expenditures can potentially yield higher returns, it is not a guaranteed formula for wealth accumulation. It's important to approach this topic with a balanced perspective.

In this case, it is also necessary to look at which way we spend money, if someone only spends money to pay for their daily needs, which means they only spend money for consumption, then the return is that they will not be hungry in their life. But if someone is spending money on things like investing in real estate as well as investing in crypto, the most important thing he should consider is choosing an asset that is suitable for the long term.

So that the return can be seen more clearly through the profit that he might get, so the perspective is about in which direction a person spends his money so that he can know about what return he can get in his life even though it is not a basic formula to guarantee wealth, but when the returns can be much greater at different times, of course someone can also become rich in his life.
What about on the situation on which he would really be that spending on other people in regarding on giving out those basic needs? For sure this is where OP is really pertaining into which we know that this is something that cant be considered to be beneficial on long run because you've been spending a lot.Well, its not really that bad to give but everything should really be in moderation because if not then for sure you would really be spending on things which arent that sensible anymore.Its better to focus with your own future rather than thinking on others life because this isnt how this life works
or turn around.

It would really be just that right that we should really be mindful about our spendings. Daily expenses is really just that part of our life but making more income is something that we should really mind
and this would really be through various sources that we could potentially dealing of with.Its a matter of having your DYOR on things specially on investment since they are really just
waiting for you to deal up with it.

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May 24, 2023, 08:09:20 PM
 #165

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Well, it's like trying to chase a unicorn on a tight budget! You see, the secret to getting rich while spending money is to develop a new form of physics called 'Moneybending.' It's a bit like bending spoons with your mind, but instead, you bend dollar bills to multiply your wealth magically.  Grin
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May 24, 2023, 11:28:38 PM
 #166

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

This isn't apply to everyone. All I know is that your expenditure can drive you to be more hardworking to get more income. And this is only applicable for one who is not a salary earner.

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May 25, 2023, 02:52:33 AM
 #167

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I think such guidelines depend on the point of view. but what is clear is that we have to spend money according to our needs, and save or invest for the rest, so that with investment our funds can grow later. when viewed from a spiritual perspective, the more we spend our wealth on the right path, in the sense of helping or giving alms, then it will not make us poor, it is difficult to explain logically, but many people experience it, where the fortune is actually there will be more and more, and the person gets inner peace in living life, in other words his life becomes a blessing, not only for himself but also for others

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May 25, 2023, 02:57:26 AM
 #168

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I think such guidelines depend on the point of view. but what is clear is that we have to spend money according to our needs, and save or invest for the rest, so that with investment our funds can grow later. when viewed from a spiritual perspective, the more we spend our wealth on the right path, in the sense of helping or giving alms, then it will not make us poor, it is difficult to explain logically, but many people experience it, where the fortune is actually there will be more and more, and the person gets inner peace in living life, in other words his life becomes a blessing, not only for himself but also for others

The other side of spirituality is sort of giving to those in need, like what our spiritual leaders say: give what you can to those in need as the return to you is triple, but that doesn't mean that you'll expect it; it is just helping one another as in the future you will need their help and they are by your side helping you. There are a lot of explanations here, but I'm not sure if other people will understand. I just hope people will have respect for our spiritual beliefs.
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May 25, 2023, 03:08:46 AM
 #169

When you spend more you just spend more. You are not getting more money out of it. Only if you invest in something, you will get returns.

If you want to get rich, try to save as much as you can and invest it into crypto or the stock market. Silver is a good option too.

If you don't have enough money to save and invest every month, then you should find a new job, get better qualifications, or find a new profession. Unfortunately, there is no magical way to become rich, you should work for it.

But I'm sure you will get there if you try, good luck with that.
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May 25, 2023, 04:07:04 AM
Merited by barisbilgili (1)
 #170

This isn't apply to everyone. All I know is that your expenditure can drive you to be more hardworking to get more income. And this is only applicable for one who is not a salary earner.

I also think that what you are expressing is very appropriate because from what I have seen so far in the world of life it really fits with what you said. Where people who don't receive a salary every month from certain agencies will continue to work in whatever sector they like and in the sector they understand in order to earn money.

In addition, the encouragement of expenses that must be there every day makes people who do not have a monthly salary have the motivation to keep working without considering their prestige in life so that they can continue to live with sufficient money and not be in debt. I also like that kind of thing because the dedication of those who don't have a salary is to work hard with the abilities they have now so that they can also become rich when their income can continue to increase through the several sectors of work they are doing.

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May 26, 2023, 06:29:04 AM
 #171

This is the reasoning of models and bloggers who make a living with their bodies and their thoughts. It has nothing to do with an ordinary person. The essence of this expression is distorted, it is incomplete.
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May 26, 2023, 07:34:41 AM
 #172

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I strongly disagree with what you said about the more money you spend, the more you get in return since you will want to  make your life more comfortable, and if not that you spending to invest like they say you use the money to make more money, looking at the rich they spend on luxury to match with their wealth and for status so there is no way you will have money and not want luxury, so has you spending don't just spend on your lifestyle but you should spend on investment no matter how little before you end up spending on your lifestyle. and go back to square zero.

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May 26, 2023, 02:20:12 PM
 #173

This statement seems correct but for those who already have greater amount of money but those who don't have enough amount of money cannot use without planning. Spending of money does not always means to buy things but there are also lots of other ways to spend money like using money for getting more of it for example invest money in some money enhancing technique.

Sometimes it happens that a person who spend money with open heart always get more of it because of the fact that he does not think more about the money so those people who think more are in more trouble so sometimes it also depends on the thoughts of a person.



 

 

 

 

 

 


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May 26, 2023, 06:17:04 PM
 #174

This is a religious saying, it is believed religiously that the more you give out things not necessarily money that you are bound to get more or even an increase in whatever you are into be it business or anything but note this is dependent on your mindset but people should keep their mind off this stuffs because this events naturally happens it is not a most occurrence and that's why it will not happen to everybody if you want to spend for someone just do it at your own comfortability so that you won't regret later, note this is different from business investment which main purpose is profit, the higher your investment the higher the returns most cases depending on the type of Business, if am to advice, money should be channelled well in other to get more and also plan before spending for the avoidance of regret.

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May 26, 2023, 06:42:14 PM
 #175

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

if you want to be rich, in my opinion, don't save to get rich, but invest part of your salary as an asset that runs for the future, instead of saving every year, your money decreases because of inflation, because there are no rich people who don't invest, instead of spending money for useless things, it's better if you buy assets that will help in the future and don't spend much money than your income

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Obari
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May 26, 2023, 07:23:24 PM
 #176

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Yeah there are people who there earning supercedes their spending and yes those persons  truly still exist
And there are  price we have to pay to love this kind of life and that is why this kind of life is earned and not free.
I don't know the age of the op but to achieve this, I think you should be making more investments  and hoping to get multi  streams of reasonable  income and not just depend on fixed or white collar jobs as it might be called.

And another advise is for you to dive into the digital world and try to find a space you can fit in either in affiliate marketing, cryptocurrency, blogging, content creation and alot more and on general,  just get a skill online and focus on creating your own ideas.
Whatever  the case might be, have multiple streams of income.

R


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IvugeoEvolutionCoin
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May 26, 2023, 11:44:10 PM
 #177

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

if you want to be rich, in my opinion, don't save to get rich, but invest part of your salary as an asset that runs for the future, instead of saving every year, your money decreases because of inflation, because there are no rich people who don't invest, instead of spending money for useless things, it's better if you buy assets that will help in the future and don't spend much money than your income
If you want to own a lot of money in life, you should invest in Bitcoin. I thought that I will invest some money in Bitcoin every month. I will keep some money from the salary I get from my job for investment every month. But in life, many  Money is needed. Either way we need money. Life without money is worthless so we have to earn money.

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Quidat
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May 26, 2023, 11:59:18 PM
Merited by dunfida (1)
 #178

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

if you want to be rich, in my opinion, don't save to get rich, but invest part of your salary as an asset that runs for the future, instead of saving every year, your money decreases because of inflation, because there are no rich people who don't invest, instead of spending money for useless things, it's better if you buy assets that will help in the future and don't spend much money than your income
If you want to own a lot of money in life, you should invest in Bitcoin. I thought that I will invest some money in Bitcoin every month. I will keep some money from the salary I get from my job for investment every month. But in life, many  Money is needed. Either way we need money. Life without money is worthless so we have to earn money.
You shouldnt really just limit yourself on investing on Bitcoin considering that we cant really be able to get 10x or 100x on your investment, this is why it would be ideal or something sensible if you do diversify into different things which it isnt really just that limited on crypto space. Well, this is only my own approach though since we do have different opinions in this regard.About spending then it would really be case to case basis but to look at on what op is really that talking about is on spending into other people via giving on whatever they do need like food or something like in this regard.
So literally spending without having benefits then it wouldnt be a good idea and you are just basically wasting money but if this one is for the intent of good deed then there would be no issue but if you are expecting something in return then you should really quit up that kind of mindset because it cant really be happening. Divine things is something that cant be influenced or altered or speaking about karma.
Spending on investment or business is something that much worth because you know that there's something benefits that you could get overtime specially if it would succeeded.

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May 27, 2023, 02:25:05 AM
 #179

Many people think that when they spend more they will get more, if this is used for investment or additional capital expenditure then it is appropriate, but if what we spend is consumptive things, for example only to eat in restaurants, travel, and so on, of course it is a mistake because it will make our money run out and will not get any income.


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bayu7adi
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May 27, 2023, 02:55:52 AM
 #180

Many people think that when they spend more they will get more, if this is used for investment or additional capital expenditure then it is appropriate, but if what we spend is consumptive things, for example only to eat in restaurants, travel, and so on, of course it is a mistake because it will make our money run out and will not get any income.

Sometimes, it's necessary to adapt our lifestyle to fit in with someone who has more experience and financial power than us. Wealthy individuals who own companies, for instance, naturally have a network or community that benefits each other. And we all know that such an environment doesn't align with the lifestyle of the poor.

I refer to it as an indirect investment; if you decide to stay connected with them, you'll need to spend more money. Join their circles and absorb all the knowledge and money-making tips they apply to achieve success. This approach tends to be more effective than attending motivational seminars. The reason being, there is tangible evidence in the person you're targeting.

Spend and consume things that can connect you with successful people. A little bit of collaboration will eventually emerge, benefiting you, of course.
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May 27, 2023, 06:59:33 AM
 #181

Ah, you've raised a truly important point! The conventional wisdom is indeed that money spent wisely leads to higher returns. But the operative word here is 'wisely', and I echo your sentiment that it's not a universally applicable formula. When spending money on daily needs, the return is intrinsic and immediate, such as satiating hunger or acquiring an essential service. However, investments, whether in real estate or cryptocurrencies, require a more strategic approach. It's a game of chess, not checkers.

Consider the risk-return tradeoff. A higher potential return often comes with a higher risk. So, even though the potential for considerable returns is alluring, one must bear in mind that investments can go south. I'd argue that diversification can be an investor's best friend. Distributing investments across various asset classes can help manage risk and potentially increase returns. It's like hedging your bets at the racetrack; you might not win every race, but you stand a better chance of walking away with more than you started with.
It is a fact that the return depends on what you are spending the money on, most people spend all their money on material things which in return provide them with nothing but temporary utility, if they save a portion of that money and invest them in something useful, they might get constant returns or at least a one time profit off of their investment.

Most people don't get it, they mostly don't have money and when they get money, they lack financial literacy and don't understand how to spend that money hence they spend it on things that they use and that's it, no return.

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May 28, 2023, 09:50:29 AM
 #182

In life sometimes we want to do everything alone, in business, of course this will not be effective, I have tried to work alone when making food stalls, but what happens is food can be sold when it is afternoon, I wake up from 4 o'clock and must prepare everything , when there is a buyer then I have to bother so I look for employees even though I have to pay, at first I thought paying employees was extra expenditure, but the results of profit could be appropriate.
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May 29, 2023, 07:50:11 AM
 #183

The essence of this expression is suitable for very energetic people, because they can make money on everything. Therefore, they spend a lot and get twice as much, the type of people who can achieve a lot always say like this expression.

Yes, who is already successful, it is much easier for him to talk about such topics. And those who do not have the opportunity to earn money will not understand this expression.
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May 30, 2023, 01:28:40 PM
 #184

In life sometimes we want to do everything alone, in business, of course this will not be effective, I have tried to work alone when making food stalls, but what happens is food can be sold when it is afternoon, I wake up from 4 o'clock and must prepare everything , when there is a buyer then I have to bother so I look for employees even though I have to pay, at first I thought paying employees was extra expenditure, but the results of profit could be appropriate.

Opening a cafe or shop with a simple category will always be difficult to manage alone, because cafes or stalls always require extra energy to prepare everything more quickly so that customers don't wait long when they have ordered it. I think it's a very reasonable thing and also quite effective when you spend extra money to pay one or two employees to work at your shop, especially if you can sell quite a lot.

Of course, the income that you will get will also be very large, so your decision to place employees at your place of business is a very wise decision because it really fits the place. That's why you don't need to be too eager to do everything yourself if you want to do business more smoothly and also last longer because the goal of doing business is to be able to continue running it with bigger profit targets every year.

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durop77
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May 31, 2023, 05:12:55 AM
 #185

OP the world does not work like that, the more you spend the less your bank account becomes especially when you Are spending it on depreciating goods like cars, unnecessarily experience items that doesn't generate any income then be certain that you won't be getting anything back from doing that in return. Spending carelessly is a highway to financial wreck.

You can spend your earnings on things you actually like but don't me silly about it also you can make it a habit to buy things and properties that actually have appreciating value and example is land, houses, this types of luxury can still be very profitable even in the future.
A very correct judgment. Spending on useless things does not mean acquiring and attracting new money.
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May 31, 2023, 06:32:33 AM
 #186

In life sometimes we want to do everything alone, in business, of course this will not be effective, I have tried to work alone when making food stalls, but what happens is food can be sold when it is afternoon, I wake up from 4 o'clock and must prepare everything , when there is a buyer then I have to bother so I look for employees even though I have to pay, at first I thought paying employees was extra expenditure, but the results of profit could be appropriate.
That's perfectly fine if you're continuously profiting from the stall anyway and the wage you give to your employee/s are satisfactory. It could lead to more profit if your employee is even competent.

Lots of barista here in my area are just really not into their work (I wouldn't call them lazy since they're really trying their best to at least work to their fullest). I guess that's why many coffee shop businesses are closing down.
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May 31, 2023, 06:33:02 AM
 #187

If we will spend more then we will get more depending of the price of the goods that we buy, but if you mean spending more money can get more money maybe you are not mean spending it is maybe investing, if we invest more money we will get a big return than investing a small amount of money.
You could have made a brief explanation where we will get more money after spending the money apart from investing with money and of course not all investment are profitable and a fixed income earner who spent more than his monthly income will have to borrow to meet up with his financial obligations thus where will the extra money comes from? From biblical point of view it may work for some people who has faith because they said "Givers never lack" It might not work or others, personally I don't embark on frivolous spending spree thus stayed below the limit of my monthly income, I also give out money I can afford t freely to those who deserve it.

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May 31, 2023, 07:02:18 AM
 #188

In life sometimes we want to do everything alone, in business, of course this will not be effective, I have tried to work alone when making food stalls, but what happens is food can be sold when it is afternoon, I wake up from 4 o'clock and must prepare everything , when there is a buyer then I have to bother so I look for employees even though I have to pay, at first I thought paying employees was extra expenditure, but the results of profit could be appropriate.

For sure, you are just paying someone to buy time. I mean, at first, you thought that being the one running the business or being the person who caters to customers was a good idea because it is less expensive, but later on, when you run it, you get exhausted and now you don't have extra time to try to improve your business or plan out how to expand it because you are too busy with your business. Those business owners are really hiring other people to save time, and they can also help others as you are providing work for them.
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May 31, 2023, 08:53:33 AM
 #189

I definitely have opposing idea. Anytime I spend a lot - I basically waste money very useless products and services. After age of 30 I started to realize when you own less its like you own more. Most of clothing, devices, weird things we buy as accessory are useless and unnecessary. Actually when you spend less - you get more. Why? When you spend less you can save a lot and these savings can go to your investment schemes. When you spend your money as investment, at one point, you will start to make a lot of money that will ease your spendings so hard. Only at that point you can phase to "spend more". Because your spending will be real profits, not labor money.
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May 31, 2023, 09:40:00 AM
 #190

It's stupid to spend more than you receive or make monthly, even if you are making your money daily you still need to safe up more money than you spend, I am a long term investor and I am still living like a average salary earner because I have a goal.

I spend less money on everything and spend more money on my long term investment, this should be what everyone is doing if they don't want to invite poverty or homelessness into their lives, using this strategy is why few successful men says that it's easier to get rich if you are spending more money on things that makes you more money rather than spending more money on things that has no meaning.

Sometimes, getting rich or poor is our choice.
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May 31, 2023, 02:28:35 PM
 #191


You could have made a brief explanation where we will get more money after spending the money apart from investing with money and of course not all investment are profitable and a fixed income earner who spent more than his monthly income will have to borrow to meet up with his financial obligations thus where will the extra money comes from? From biblical point of view it may work for some people who has faith because they said "Givers never lack" It might not work or others, personally I don't embark on frivolous spending spree thus stayed below the limit of my monthly income, I also give out money I can afford t freely to those who deserve it.
If your main income is only your salary, then it is clear that you can sometimes have a situation where at the end of the month you will not be able to save anything.

If this is an exception, and not the rule, then there is nothing critical in this, and if your expenses have increased for some reason and you can no longer save, then you need to think about increasing your income. I have not observed such a pattern that if I spend more, then later I earn more, I earn more only if I work more, if I take overtime work, but I don’t like working a lot in the summer.

I believe that what I am investing in bitcoin now will bring me a good profit, now I am investing my time in bitcoin so that in the future bitcoin will give me even more free time.
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May 31, 2023, 04:02:24 PM
 #192

It's stupid to spend more than you receive or make monthly, even if you are making your money daily you still need to safe up more money than you spend, I am a long term investor and I am still living like a average salary earner because I have a goal.

I spend less money on everything and spend more money on my long term investment, this should be what everyone is doing if they don't want to invite poverty or homelessness into their lives, using this strategy is why few successful men says that it's easier to get rich if you are spending more money on things that makes you more money rather than spending more money on things that has no meaning.

Sometimes, getting rich or poor is our choice.

This is also considered spending a lot to expect more in return. It can be said that it depends on what you use the money for. If we talk about investing, it is true because the more we invest, the greater our chances of getting a profit. But if talking about spending and daily living, it is completely wrong because that only makes our money less and less.

But sometimes, we don't need to be so hard on ourselves in our daily expenses because we work hard for a better life. So enjoy and don't torture yourself too much.

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May 31, 2023, 04:38:02 PM
 #193

It's stupid to spend more than you receive or make monthly, even if you are making your money daily you still need to safe up more money than you spend, I am a long term investor and I am still living like a average salary earner because I have a goal.

I spend less money on everything and spend more money on my long term investment, this should be what everyone is doing if they don't want to invite poverty or homelessness into their lives, using this strategy is why few successful men says that it's easier to get rich if you are spending more money on things that makes you more money rather than spending more money on things that has no meaning.
There are times when you have to spend more money in a certain period of time than the income you get. In an emergency, things like increasing your spending money seem hard to avoid because you still have more important things to think about than always thinking about how you can build your long-term investment portfolio. Of course a balance is needed between your investment plan and your daily spending budget each month, but of course this is only about emergencies that might force us to spend more than our monthly income.

Sometimes, getting rich or poor is our choice.
After all investment will not guarantee you to get rich, it is not mandatory, but investment will at least allow you to get a return. It's possible to get rich from investing, but not all investors will be.

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May 31, 2023, 09:50:27 PM
 #194

It's stupid to spend more than you receive or make monthly, even if you are making your money daily you still need to safe up more money than you spend, I am a long term investor and I am still living like a average salary earner because I have a goal.
It is not only stupid, but it is also unrealistic to spend more than we get monthly. How can? Grin
Sure, even if we want to spend money on an investment, we shouldn't invest all the money we have. There is no guarantee for getting the expected profits in an investment. Even, an investment may lead us to losses. Also, we can't use all the money because we have basic and urgent needs. We must allocate for these needs, and we are better to have an allocation for savings, too.

I spend less money on everything and spend more money on my long term investment, this should be what everyone is doing if they don't want to invite poverty or homelessness into their lives, using this strategy is why few successful men says that it's easier to get rich if you are spending more money on things that makes you more money rather than spending more money on things that has no meaning.
Yep. It is wise if you spend money on necessary things only. It is good to spend money on long-term investments. In this way, there is a chance of getting good profits in the future. It means a bigger amount of money to have. But make sure you shouldn't use too excessive money on investments. And make sure that you choose safe investments.


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June 01, 2023, 02:28:26 PM
 #195

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
For me in order to achieve it people should make it clear, if you want to spend more and get more then you should put it this way: spend more on investment rather than unnecessary expenses and you would get more(earn more).
In that way those words would definitely make sense, and sometimes it would also be a marketing strategy buy more save more  Grin LOL.



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June 02, 2023, 04:30:59 PM
 #196

For me in order to achieve it people should make it clear, if you want to spend more and get more then you should put it this way: spend more on investment rather than unnecessary expenses and you would get more(earn more).
In that way those words would definitely make sense, and sometimes it would also be a marketing strategy buy more save more  Grin LOL.
What you say makes a lot of sense, but in this case I also want to clarify with another example where if someone buys more for their business or investment needs for the future, I think that's a good thing because that person can definitely earn more. many if the business and investment experience rapid progress. But if you just buy more just to spend on a daily basis, I think that person will only get more momentary satisfaction in life. No more.

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June 02, 2023, 06:44:09 PM
 #197

For me in order to achieve it people should make it clear, if you want to spend more and get more then you should put it this way: spend more on investment rather than unnecessary expenses and you would get more(earn more).
In that way those words would definitely make sense, and sometimes it would also be a marketing strategy buy more save more  Grin LOL.
What you say makes a lot of sense, but in this case I also want to clarify with another example where if someone buys more for their business or investment needs for the future, I think that's a good thing because that person can definitely earn more. many if the business and investment experience rapid progress. But if you just buy more just to spend on a daily basis, I think that person will only get more momentary satisfaction in life. No more.
Spend more and get more can only work only if you are talking about investing your money only in that case you can get more profits and advantage but other than that this phrase is totally wrong .
How come if you are spending more you can get more , for getting more nowadays you need proper planning you cant get anything easily nowadays.

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June 02, 2023, 07:10:21 PM
 #198

For me in order to achieve it people should make it clear, if you want to spend more and get more then you should put it this way: spend more on investment rather than unnecessary expenses and you would get more(earn more).
In that way those words would definitely make sense, and sometimes it would also be a marketing strategy buy more save more  Grin LOL.
What you say makes a lot of sense, but in this case I also want to clarify with another example where if someone buys more for their business or investment needs for the future, I think that's a good thing because that person can definitely earn more. many if the business and investment experience rapid progress. But if you just buy more just to spend on a daily basis, I think that person will only get more momentary satisfaction in life. No more.
Spend more and get more can only work only if you are talking about investing your money only in that case you can get more profits and advantage but other than that this phrase is totally wrong .
How come if you are spending more you can get more , for getting more nowadays you need proper planning you cant get anything easily nowadays.
yes, it's true, that only applies to investments or other things that have great potential to be able to make a profit, so there is a possibility of getting big profits with large capital.
but if you understand from another point of view then I think in almost every case it applies even if only spending things that are not important but because it becomes a strong motivation and encouragement for people to seek more than what has been spent.

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June 02, 2023, 07:16:55 PM
 #199

Depending on what the money is spent on.  If you spend your money on shifty stuff with the notion that more will come is wrong.
But if you spend on a good course like investing more money on btc can literally double or triple the investment depending on the nature. Investment is all about patience in other to make a reasonable amount.

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June 03, 2023, 02:43:17 PM
 #200

If we have a large income then expenses will automatically be large, unfortunately many people think otherwise, they always buy anything but have less income so they go into debt or sell assets, the mistake we usually make is to follow the trend even though we don't have money.
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June 03, 2023, 11:16:35 PM
 #201

Investing more money does not guarantee higher returns, as the performance of investments is affected by many factors. In particular, timing plays a significant role in investment outcomes. Buying an asset at the right time, when its price is relatively low, can lead to higher returns. However, accurately predicting market movements is extremely difficult, if not impossible, and trying to pinpoint when markets can be risky. Therefore, a long-term investment approach that focuses on fundamental analysis and a diversified portfolio is generally considered more reliable.
Naturally we know that those who have more money have more earning opportunities. But a person cannot expect to get more money by investing large amount of money. Because investing requires time as well as money. If a person spends more in business at the right time then he can make profit from his business which in turn gives him opportunity to earn more money. But if it is not a suitable environment, there is a possibility of losing money. When a person can invest properly through observation, he will have the opportunity to earn more money.

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June 03, 2023, 11:21:39 PM
 #202

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

At my current position as a law student, I tend to spend more than to get more money in the process. While I am ashamed to admit, there is mo point in denying it given that I do spend lots of resources into food, luxury items, and other irrelevant stuff that my money should not go.

I really consider BTC as a privilege given on how it can provide you with opportunity to earn cash at the convenience of working online. I just wish that I may take control of my habits in order to change it for the better.

R


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June 04, 2023, 08:00:12 AM
 #203

Investing more money does not guarantee higher returns, as the performance of investments is affected by many factors. In particular, timing plays a significant role in investment outcomes. Buying an asset at the right time, when its price is relatively low, can lead to higher returns. However, accurately predicting market movements is extremely difficult, if not impossible, and trying to pinpoint when markets can be risky. Therefore, a long-term investment approach that focuses on fundamental analysis and a diversified portfolio is generally considered more reliable.
Naturally we know that those who have more money have more earning opportunities. But a person cannot expect to get more money by investing large amount of money. Because investing requires time as well as money. If a person spends more in business at the right time then he can make profit from his business which in turn gives him opportunity to earn more money. But if it is not a suitable environment, there is a possibility of losing money. When a person can invest properly through observation, he will have the opportunity to earn more money.
spending more money to invest does provide benefits, of course we will have the opportunity to get bigger profits. but indeed capital without being accompanied by knowledge, it will be high risk. Seeing this conversation, I can conclude that the biggest capital that is most important in investing is knowledge, and material capital is also important to support the knowledge you have, so that you can generate profits according to the targets that have been set. therefore there are many examples where even though the child of a rich person after his parents died, his business went bankrupt, until finally his wealth ran out, this was because of the child's lack of knowledge
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June 04, 2023, 08:53:56 AM
 #204

i will save it more than spend it even if i get more because if we are wasteful we will not be able to enjoy the results we have any longer. but if we are wasteful it will not make us rich in the future. but not everyone has the same principle as this, there are people who are simple enough to earn a lot but also spend a lot, some people are looking for money just to spend it, even others just to find what their life needs.

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June 04, 2023, 11:21:26 AM
 #205

i will save it more than spend it even if i get more because if we are wasteful we will not be able to enjoy the results we have any longer. but if we are wasteful it will not make us rich in the future. but not everyone has the same principle as this, there are people who are simple enough to earn a lot but also spend a lot, some people are looking for money just to spend it, even others just to find what their life needs.
very good if you are able to refrain from all desires and choose to save, that is a good start for your life in the future.
I want to be like you, but I have a hard time holding back my passions from the temptations of this world which is quite magnificent, I often spend on things that are not important to fulfill my desires.
it's bad but because it also makes me passionate about making money because there is a desire that I want to fulfill.

it's true that if you want to live a peaceful and rich life in the future, you have to save often from an early age and avoid spending on unnecessary things, but as you said that everyone is different and not everyone is as capable as you.

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June 05, 2023, 06:45:58 AM
 #206

The presence of the internet and smartphones makes the temptation to shop or buy continues to increase, in my country many shops and malls are closed because they cannot compete with online stores, of course we can use this to increase our income by selling whatever we can control.


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June 05, 2023, 03:25:50 PM
 #207

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't know the concept is true or not, but some people say this, because your money rotates and gives movement to other sectors.
so indirectly the economic cycle continues.
different from people who hold back their money just to wait for the right time, then take it all out.

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June 05, 2023, 04:04:56 PM
 #208

Many people think that when they spend more they will get more, if this is used for investment or additional capital expenditure then it is appropriate, but if what we spend is consumptive things, for example only to eat in restaurants, travel, and so on, of course it is a mistake because it will make our money run out and will not get any income.
many people think and do silly things by spending all their money on useless items or items whose prices can drop drastically unexpectedly like a new car. in the hope that the money that comes out is not in vain even though the opposite happens when you buy the latest car at a price of 500 million a few months later maybe the price of the car will go down because there is another new car and without realizing that what you are buying is not a need but only prestige .
and there are indeed not a few people who waste their money traveling and going to restaurants to just hang out with the assumption that it is an experience. when in fact it was not a meaningful experience. the real experience is you start a business and try to invest to get used to managing finances. and you experience losses and you are able to rise so that you become a successful entrepreneur.
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June 05, 2023, 04:06:14 PM
 #209

i will save it more than spend it even if i get more because if we are wasteful we will not be able to enjoy the results we have any longer. but if we are wasteful it will not make us rich in the future. but not everyone has the same principle as this, there are people who are simple enough to earn a lot but also spend a lot, some people are looking for money just to spend it, even others just to find what their life needs.

One more thing, easy said but difficult to do. I have the same opinion as you, but when you have a lot of money, I don't believe you will not want to eat better, use more expensive things. Everyone has a need to eat well and dress well, so that can only be done on paper and will never happen. I don't believe someone is rich and likes to live a poor life.

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June 05, 2023, 05:02:44 PM
 #210

Yes this opinion is correct. Of you spend more money on investments or buying assets you'll get more money in return. More money brings in more money and it never ends. More money attracts more money. You you are poor or have limited opportunities find a way to expand and put yourself in a situation where the opportunities will never cease coming in. And you have Bitcoin to make that happen for you. Even if you haven't invest a huge money in it, just being active in the community and open opportunities for you. On the side people who create new projects with their money, do it so that that project can bring in more money for them.

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Agbe
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June 05, 2023, 05:25:00 PM
 #211

i will save it more than spend it even if i get more because if we are wasteful we will not be able to enjoy the results we have any longer. but if we are wasteful it will not make us rich in the future. but not everyone has the same principle as this, there are people who are simple enough to earn a lot but also spend a lot, some people are looking for money just to spend it, even others just to find what their life needs.

One more thing, easy said but difficult to do. I have the same opinion as you, but when you have a lot of money, I don't believe you will not want to eat better, use more expensive things. Everyone has a need to eat well and dress well, so that can only be done on paper and will never happen. I don't believe someone is rich and likes to live a poor life.
I swear to God. S A KHAIR you have just said the fact about life. One thing I came to understand in this world is that nobody likes to suffer. So if one has money and see the money every day without using and eat poor food all because you want to be rich ehn. I don't think that can work out. Hodling is good but don't starve yourself because you saving. The theory of "spend more and get more" is not found in any where. It is only when you spend less that you get more. Extravagant spending is very bad habit in the society.
I don't advise people to spend un-necessarily and in the hope of getting more. Men be wise. Life is in stages, there is a time you have to endure things to save for the future and there will be a time that you will spend the way you want because you have save in your youthful days.
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June 05, 2023, 08:47:53 PM
 #212

If you invest without enough knowledge and understanding of the market, no matter how much money you spend, the results will not be very good. Because without a solid understanding of investment principles, risk management strategies, and market dynamics, the chances of making the wrong investment decisions are greatly increased. That's why we need to learn more because knowledge is never the limit for each lesson. Through experience, we can absorb new knowledge, and the more knowledge we have, the more chance we have to develop successfully.

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rhodelmabanal
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June 05, 2023, 10:36:40 PM
 #213

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Even if you spend more for trading or investing etc., It does not mean that you will get more in return, it is still depends on how you handle things correctly or sometimes it depends on luck or in situation, i believe that there are a lot of people used a big amount of money in trading or investing but they still loss or get a small amount of profit on returns but if you really want profit don't quit charge everything to experience for good.

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June 06, 2023, 08:07:21 AM
 #214

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
Imagine spending money to create an app so that people can download, it solves a problem for them and in turn the app generates money for you. So yes, it works if you spend the money in the right direction. On the hand, you may have to lose some money on the way so that you can learn a vital lesson. I also think we can put it this way, the more money you have , the more money you'd get in return legitimately.
Well, here if the money is working, then they make a profit, if it is lost, then you can get as much as possible.
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June 06, 2023, 09:28:26 AM
 #215

If it is necessary to interpret it as a percentage gain when invested, yes it is possible to earn more when more spend more. However, this is not true for every investment because not every investment is guaranteed to make a profit. If we assume that an investment earns a profit we can give an example as follows;

For example, let's say there is an investment opportunity with a 25% return and we invest 100 units. In this case the return on investment would be 25 units on a quantity basis. But let's say we invest 1,000 units for this investment opportunity. In this case, the return on investment will be 250 units on a quantity basis. So, spend more and get more is works in this scenario.

But there is also a scenario like this;

For example, let's say there is an investment with a 25% loss and we invest 100 units. In this case, the loss of the investment will be 25 units on the basis of quantity. However, let's assume that we invested 1,000 units for this investment. In this case the loss of the investment will be 250 units on the basis of quantity. So, more spend more wins will reverse here causing more losses.
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June 06, 2023, 09:49:51 AM
 #216

There is an opinion that the more money you spend, the more you get in return,
The more you spend, the more God will reward you in return, but if you are not earning enough money and decide to spend it in a way that you don't know how to make another one, it is very bad to spend money the way you think. Still, this depends on how much more money you make on your journey. As for me, the word is used for those who have and suppose to give to those who lack it, like friends whose hands are not equal to yours.

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bayu7adi
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June 07, 2023, 03:28:41 AM
 #217

If it is necessary to interpret it as a percentage gain when invested, yes it is possible to earn more when more spend more. However, this is not true for every investment because not every investment is guaranteed to make a profit. If we assume that an investment earns a profit we can give an example as follows;

For example, let's say there is an investment opportunity with a 25% return and we invest 100 units. In this case the return on investment would be 25 units on a quantity basis. But let's say we invest 1,000 units for this investment opportunity. In this case, the return on investment will be 250 units on a quantity basis. So, spend more and get more is works in this scenario.

But there is also a scenario like this;

For example, let's say there is an investment with a 25% loss and we invest 100 units. In this case, the loss of the investment will be 25 units on the basis of quantity. However, let's assume that we invested 1,000 units for this investment. In this case the loss of the investment will be 250 units on the basis of quantity. So, more spend more wins will reverse here causing more losses.
No one ever intends to incur losses in any investment. The crux of your scenario lies in effectively managing the funds at hand, ensuring that significant investments also yield substantial profits. Experience and knowledge play vital roles when engaging in medium to high-risk investments. In fact, even a small amount of money can generate significant returns if you make accurate decisions.

If you seek a more certain outcome, the solution lies in low-risk investments. You can opt to deposit your funds in a bank's fixed deposit account. The larger the sum you deposit, the greater your earnings. This is because banks utilize a percentage-based system tied to the assets you hold.
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June 07, 2023, 06:38:55 AM
 #218

If it is necessary to interpret it as a percentage gain when invested, yes it is possible to earn more when more spend more. However, this is not true for every investment because not every investment is guaranteed to make a profit. If we assume that an investment earns a profit we can give an example as follows;

For example, let's say there is an investment opportunity with a 25% return and we invest 100 units. In this case the return on investment would be 25 units on a quantity basis. But let's say we invest 1,000 units for this investment opportunity. In this case, the return on investment will be 250 units on a quantity basis. So, spend more and get more is works in this scenario.

But there is also a scenario like this;

For example, let's say there is an investment with a 25% loss and we invest 100 units. In this case, the loss of the investment will be 25 units on the basis of quantity. However, let's assume that we invested 1,000 units for this investment. In this case the loss of the investment will be 250 units on the basis of quantity. So, more spend more wins will reverse here causing more losses.
No one ever intends to incur losses in any investment. The crux of your scenario lies in effectively managing the funds at hand, ensuring that significant investments also yield substantial profits. Experience and knowledge play vital roles when engaging in medium to high-risk investments. In fact, even a small amount of money can generate significant returns if you make accurate decisions.

If you seek a more certain outcome, the solution lies in low-risk investments. You can opt to deposit your funds in a bank's fixed deposit account. The larger the sum you deposit, the greater your earnings. This is because banks utilize a percentage-based system tied to the assets you hold.

Yes, no one invests thinking that they will make a loss when they make an investment but I think that especially short-medium term investors should always consider this. In fact, this it is something that supports the need to make transactions by calculating the risk factor both for all capital control and when all capital is divided into an investment(s). On the other hand, when an investment is definitely made experience and knowledge affect the return on investment and the way of the investment.
In the case of bank deposits with low investment risk that you mentioned here, the situation I mentioned in my previous message actually occurs. When such an investment is made the method of spend more and get more will work perfectly as return on investment will be made depending on the amount.
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June 07, 2023, 01:05:00 PM
 #219

Currently I spend more than income because we always have to meet basic needs but our daily income is very limited, so this is all certainly something we do not want, if expenses match income then we can live safely and some of our income can be used to invest, of course this is something that everyone really expects, But some people do have enough life and their income is greater than expenses so that all their desires can be fulfilled.

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June 07, 2023, 01:24:51 PM
 #220

In times of economic decline like today, we spend more because our needs are getting bigger and our respective incomes are stable so we have to be good at managing our finances, but since knowing Bitcoin I feel lighter in dealing with my financial problems and currently almost stable between income and expenses, of course this is something I really want and I believe one day when bitcoin can increase again then I will be easy to get all the needs I need because currently some of my assets are being used to invest, hopefully we will all be facilitated to live this life.

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June 08, 2023, 08:24:06 AM
 #221

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I tried to quote about The statement that "the more money you spend, the more you get in return" is not quite true. While certain investments or expenditures may generate returns or benefits, it is important to consider the context and the specific factors involved.

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June 08, 2023, 05:44:02 PM
 #222

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
It just depends on how you are, how does your job pay you, or maybe what's your relatives or families doing in order to have some big expenses. Because if you do some big expenses, then that means you have either sufficient income to afford those expenses or having rich relatives(with what you said earlier, you don't have it). You can't just have big expenses without having either of those. If you have fixed income, unless you do some saving to afford to buy big stuff in the future, it's difficult to afford those things.

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June 08, 2023, 06:09:44 PM
 #223

Economic principles, energies, and feelings are complex and interconnected, influenced by many factors such as market conditions, personal choices, and external circumstances. It is important to approach financial decisions with careful consideration and a balanced perspective. While it is true that spending money on things that are important to you can be satisfying, the practice of responsible financial management is also essential. Impulsive spending without considering the long-term consequences can lead to financial stress and negative outcomes.

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June 08, 2023, 08:41:20 PM
 #224

I tried to quote about The statement that "the more money you spend, the more you get in return" is not quite true. While certain investments or expenditures may generate returns or benefits, it is important to consider the context and the specific factors involved.
A quote that sounds like that is not entirely true, but it can also be true when someone uses more money to buy Bitcoin at a cheap price and he can immediately get more profit if there is a more significant increase in a short time. For example, what happened three days ago where Bitcoin decreased in price to around $25K and only one day later Bitcoin immediately recovered and returned to a price of $27K. This means that the quote that you think is not always correct in a context like this is very suitable because the quote can become true when there is a significant change in a place or in the market.

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June 08, 2023, 11:59:12 PM
 #225

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Spending more doesn't assure you of getting more

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June 09, 2023, 11:21:35 PM
 #226

 The statement of the can only  be through depending on what you're spending or rather investing on,  if not it's regarded as false for instance imagine someone spending carelessly on clubbing and material stuffs and expecting for to yield profit in return or a new gambler staking high not minding the risk of gambling.

It still doesn't matter whether you've got a rich uncle or inheritance because you can't spend carelessly and expect your uncle to refund or sell your inheritance to make up for your loss, however selling your inheritance if you had one can only be profitable if being invested  wisely on a business that would yield better profits, and also spending on buying materials stuffs like Gold that doesn't depreciate, it all falls back to spending/investing wisely.
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June 09, 2023, 11:35:32 PM
 #227

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I believe this to be true based on the fact that the word of God(the holy Bible) said in the book of proverbs that "there are those who scattereth(that is spend much more) but yet increaseth, but there are those who withholdeth much more than they need, but still return to poverty", by this I want personal believe that the belief that the more you spend, the more you get, has every thing to do with how you spend and what you spend on, you can't possibly spend all your money on living a reckless lifestyle and lavishing money on things that you know you  do not need and does not bring more money to you , and then expect more money to flow in without working hard for it, it doesn't work that way.

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June 10, 2023, 02:02:25 AM
 #228

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I believe that opinion is just something to con consumers into consuming. You can't spend your money on food and consumable goods and possibly expect that this action will result in gain later. Investing and being savvy - spending on things that might actually bring a return, or hold value against economic factors - might be what is meant that in the way that you will get more in return.

In your scenario, the only way to build further is to reduce expenses and maximize opportunity. If you are spending as much as you are receiving to survive, that is unfortunately where you will stay until you make changes to either reduce expenses or increase opportunity so that you can create a surplus. It might sound easier said than done and it might seem hopeless not knowing how to make changes, but thinking outside the box and taking leaps into opportunities that you might not usually or sacrificing an expense/comfort so that you can create that surplus should always be possible.

Good luck Smiley
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June 10, 2023, 05:07:43 AM
 #229

I tried to quote about The statement that "the more money you spend, the more you get in return" is not quite true. While certain investments or expenditures may generate returns or benefits, it is important to consider the context and the specific factors involved.
A quote that sounds like that is not entirely true, but it can also be true when someone uses more money to buy Bitcoin at a cheap price and he can immediately get more profit if there is a more significant increase in a short time. For example, what happened three days ago where Bitcoin decreased in price to around $25K and only one day later Bitcoin immediately recovered and returned to a price of $27K. This means that the quote that you think is not always correct in a context like this is very suitable because the quote can become true when there is a significant change in a place or in the market.

That's true when it comes to investing, but investing also doesn't guarantee that when you spend more, you'll get more back. How can you tell when bitcoin will drop in price or when bitcoin will appreciate to spend a lot of money on it? Regarding investing, we also need to care about risk and not just return, especially with a volatile asset like bitcoin. And spending more to get more is not entirely wrong, it depends on where we are spending and what our plans are. We cannot expect to get more in return when we spend on useless, useless things. If we want money to make money, we need to spend it smartly and wisely.

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June 10, 2023, 05:27:45 AM
 #230

Spending more doesn't assure you of getting more
this is a true statement. not forever when you spend a lot of money on business, you will get bigger profits. However, most people try to do that with minimal money. when they have benefited from it, they will usually increase their investment to get a bigger return.
Personally, I have tried to make various kinds of investments. trying to spend a lot of money for more profit. however, most of them have had conflicting results. Therefore, not always spending a lot of money will give you big profits. if there are people like that, either they are lucky, or have made so many investments that they are successful

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June 10, 2023, 05:40:09 AM
 #231

Spending more doesn't assure you of getting more
It's actually the opposite to get on a better state.

You spend less and earn more so that you'll actually get more. And to do this, you'll need to be wise in your expenditures and everything where your money is being spent.

Those that earn more but are careless with their spending habits, they are having hard time in saving money and don't even look for a time to invest, don't be like that.

So instead, earn more, get more and spend less and spend only on necessary things.

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June 11, 2023, 11:59:41 AM
 #232

It is not sensible to spend more than what you get, how wiill you balance such equation, when it comes to expenditure you have to spend minimal of what you earn or get in other to have savings onless you want to be poor, advising yourself on the need to save will help you as a person,have ever thought of having nothing when you have a problem that needs money to solve and may be you are either working for private firm or government that pays monthly and you have tried to accesss loan facility to no avail and it is the only option left which you have tried so what will you do, my advice is make sure you save more and spend little from what you get because a time shall come when you may not be working again and you will fall back to your savings to either pay your bills or invest in menaingful something to get money to offset your bills so spend wisely that doesn't mean that you shouldn't spend that my take on this.

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June 11, 2023, 12:16:38 PM
 #233

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't think that's true in most cases. Instead of spending more money, you should save more and invest with it. When you don't invest, your savings don't make any sense, because money is lost its value over time. In general, even interest income cannot keep the value of money. That's why the money must be used somewhere, especially if your country have high inflation rates. This applies not only to real estate or crypto-currency investments, but to anything you can think of that preserves and increases its value.

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June 20, 2023, 11:28:04 PM
 #234

Spending more doesn't assure you of getting more

It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.

R


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June 21, 2023, 02:30:11 PM
 #235

That's true when it comes to investing, but investing also doesn't guarantee that when you spend more, you'll get more back. How can you tell when bitcoin will drop in price or when bitcoin will appreciate to spend a lot of money on it? Regarding investing, we also need to care about risk and not just return, especially with a volatile asset like bitcoin. And spending more to get more is not entirely wrong, it depends on where we are spending and what our plans are. We cannot expect to get more in return when we spend on useless, useless things. If we want money to make money, we need to spend it smartly and wisely.
Being smart and wise in spending anything is something that is supposed to be done, especially if it is an investment in Bitcoin that is intended for the long term. It's not always that those who spend more get more, but most of those who invest in Bitcoin can always earn more if they can be patient in bad conditions. For example today, where Bitcoin has almost touched $30K again, of course those who bought more at $25K in the previous few days have gotten more profit if they bought it more.

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June 21, 2023, 02:31:03 PM
 #236

Many people think that the principle of earning more by spending more is a natural law that will happen, but in my opinion before we spend more we must be able to produce more, of course there are many things we can do to earn more and the presence of the internet makes everything easier .


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June 21, 2023, 02:47:19 PM
 #237

Many people think that the principle of earning more by spending more is a natural law that will happen, but in my opinion before we spend more we must be able to produce more, of course there are many things we can do to earn more and the presence of the internet makes everything easier .

If we are not looking into a religious perspective, then you are right that we need to earn more than spend more because how could you spend if you don't have enough money? For sure, you'll take out loans to spend it, and for sure, you'll be in debt. Also, from an investing perspective, you will gain more profit, but you know the risk is that you could lose it all. In investment, you need to just invest what you can afford to lose. No matter what it is, we need to have enough money to spend on it. We should not be caught short.
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June 21, 2023, 08:11:53 PM
 #238

Many people think that the principle of earning more by spending more is a natural law that will happen, but in my opinion before we spend more we must be able to produce more, of course there are many things we can do to earn more and the presence of the internet makes everything easier .


Sure, definitely before one must have plenty to spend, they must have also sow in plenty, gathered in bans, and sowed again, because "unless one has a well of gold, there will definitely not always be more gold to refill the pocket." The law of spend more to earn doesn't work just as people imagined; there is reward in labor, not by spending the small earnings you have managed to accumulate from your job. There is what some people do tagged as show off, and when someone is spending money for just some kind of show off reason, it obviously will not yield any result unless they are helping someone genuinely, so that at least in a better day, if the person they have helped in the past is in the position to render the same help to them, it will be worthwhile.

There is this fiction story of a rich guy who helped an orphan girl, and one day the orphan girl grew and built herself an empire, so the guy who earlier helped her before was then broke, so the orphan girl one day came across the old time guy who was once rich and helped her when she was very poor, so the orphan returned the favor to him, and the man became rich again. What I am saying in essence is that if someone is spending more than they earn with the belief they will get more, at least let what they are spending their money on be something reasonable that has the possibility of adding value to them in the future.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 22, 2023, 07:48:10 AM
 #239

The thought that spending more to earn more in my opinion is wrong, will all expenses automatically generate results? of course not, but if we use it for investment then this is right, big expenses due to production costs, business expansion, and others will certainly enable us to produce more.
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June 22, 2023, 09:46:48 AM
 #240

It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

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Nwada001
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June 22, 2023, 10:06:55 AM
 #241

It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

Already aware of such a possibility; that's the reason for the last paragraph.
There is always a disadvantage in most things that have an advantage, so when thinking about the positive possibility, I don't forget to also think about the negative impact that can come afterwards.

R


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June 22, 2023, 10:31:59 AM
 #242

Spending more doesn't assure you of getting more
this is a true statement. not forever when you spend a lot of money on business, you will get bigger profits. However, most people try to do that with minimal money. when they have benefited from it, they will usually increase their investment to get a bigger return.
Personally, I have tried to make various kinds of investments. trying to spend a lot of money for more profit. however, most of them have had conflicting results. Therefore, not always spending a lot of money will give you big profits. if there are people like that, either they are lucky, or have made so many investments that they are successful

True that investing a lot of money in a company does not ensure greater earnings. Many people are aware of this idea and strive to succeed with little outlay of funds. They like the idea of making a small initial commitment and progressively raising it when they see results. I can personally connect to this because I have made several investments with the hope of increasing profits by doing so. But I have had a variety of encounters with varying outcomes. This serves as a reminder that there is not always a direct correlation between investment size and returns. It is crucial to recognise that those who do experience extraordinary success by investing a lot of money are either very lucky or have made a lot of investments allowing some of them to be profitable and offsetting any losses they may have experienced along the road.
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June 22, 2023, 12:42:16 PM
 #243

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.

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June 22, 2023, 05:54:58 PM
 #244

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling

Spend less + with brains = may receive little initially but has potential for significant gains if lucky

Spend less + without brains = hopeless gambling, akin to investing in meme coins

So, in reality, there is another crucial variable to know and learn, namely knowledge and the ability to make wiser decisions.
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June 22, 2023, 06:19:17 PM
 #245

In that case, you need sleepless nights, plans, agenda for every minute of your life, less expenses more investments and most importantly- crazy determination towards your goal. That’s how you become rich. This is never easy and it takes gut pain to start with. You have to compromise many things in your life. Starting from your leisure time and friends, parties, weekends without reservations and much more.

The more money you put the more risk you carry and that is why the returns are always high. I am not sure what are your actual goal but to make money you need to “reset” your life once and for all.
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June 22, 2023, 08:28:50 PM
 #246

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling

Spend less + with brains = may receive little initially but has potential for significant gains if lucky

exactly the point, my friend; some people are really getting it wrong all in the name of the rule, "spend more and you will get more." Let's take for instance, you have four friends and three of them are jobless, then only one of them is wealthy and hard driving just to archive success, means while the other of your three friends are not had working, they are just maybe gamblers, and perhaps one day four of them needs help of which you only have the option to help only one person among the four of them, if it were in my case, I would only help that one friend who is Wealthy and hard driving because I know that definitely he is likely to return some favor if I need assistance in future too. that's how we are supposed to spend. 

Allow me to use this weird scenario: just like when you are at a bar, it is wise to always buy a bottle of beer for someone who can buy you two bottles in return. Unless maybe you want to be generous to all.

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June 22, 2023, 08:34:44 PM
 #247

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

There's a range of different scenarios where this might be true, there is an old theory that you should dress to impress and look the part when going for something like a new job. A suit can look way more professional and flattering than other people who might turn up in more casual clothes to interview. Then there is the idea that if you buy cheap, you end up buying twice, which needs some thorough thought. If you're putting together a tool box for example, you might buy cheap the first time and figure out what you're using so much that it breaks - then as you replace those items you can increase the quality because you tend to use it more regularly than other tools in there and it's important not to keep buying the same item that might break quicker.

R


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June 22, 2023, 08:39:03 PM
 #248

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

There's a range of different scenarios where this might be true, there is an old theory that you should dress to impress and look the part when going for something like a new job. A suit can look way more professional and flattering than other people who might turn up in more casual clothes to interview. Then there is the idea that if you buy cheap, you end up buying twice, which needs some thorough thought. If you're putting together a tool box for example, you might buy cheap the first time and figure out what you're using so much that it breaks - then as you replace those items you can increase the quality because you tend to use it more regularly than other tools in there and it's important not to keep buying the same item that might break quicker.

If you are really that tending to make use of a certain tool on day to day basis or something we can say that it is really that common then it would really be that common sense that you should be buying a good quality one so that you would really be avoiding on keeps on buying just because you are really that trying out to save as much as you could be ending up you would really be having more expenses.

This is why having that good balancing between things or simply with assessment with the situation is really that very much needed.You cant really be that able to experience hardship or negative outcomes
if you have just planned and mind it on well. You cant really just make out steps without having that preparation or other considerations because if you do have that kind of habit on which
you do have rushed on things or dont mind or balanced in between situations then you would be ending up on having more spending than savings.

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June 23, 2023, 01:40:02 PM
 #249

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.
The proverb that you say sounds strange at first glance, but when I begin to digest it using a slightly different understanding, the saying looks like a fact which means more about using money or consuming money for things that have big risks. But if you address this adage in terms of investment, I think it's a little inaccurate because you have also provided other solutions in terms of investment in a wiser way. Because it must be done in accordance with existing capabilities and there is no need to push yourself too much if the investment capital is not too much.

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June 25, 2023, 04:46:39 AM
 #250

Spend more + with brains = get more

Spend more + without brains = fully relying on luck, not much different from gambling


Spending a lot of money I think it's not a big deal as long as we do it wisely. Yes. I like the two points above. For the first point that commonly occurs
In the case of crypto investment, when we sit and think that there is indeed a lot of wasted time, planning what we will buy, and the result is that we end up getting better results in return.

But if we just spend money without thinking smartly, it's like gambling exactly what you mean. Yes. If you only rely on luck and blind shooting might drain your money and mind and I think it's an unnecessary risk.

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June 25, 2023, 06:17:36 AM
 #251

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't think this makes any sense on a personal level. Why should increasing our consumption lead to a higher income? It only leads to having less money in our pockets. This statement is true on a company level that invests in their own business. You need capital to buy new machines, run advertising, create new products, etc. If you are a successful business it means that spending more money today will lead to higher revenues in the future. But for us consumers it doesn't help if we spend all our savings on a new car, long vacation and the newest iPhone and iPad. These are all purchases that don't lead to higher income for us.
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June 25, 2023, 07:39:12 AM
 #252

I don't see how increasing consumption may result in higher income.Keeping to a budget is preferable. Setting long-term financial objectives, avoiding overspending, breaking dangerous spending patterns, and other things may all be done with a budget.
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June 25, 2023, 10:09:50 AM
 #253

I believe the saying that goes " the more you take, the less you have" and the nature of man is greed and cannot be contented at all. It also can be applied on investing but with more risk the high the rewards though sometimes it will not go the way you wanted it. That's why only invest what you have just to be safe because crypto is very volatile that it can go down or up in just a short amount of time. Start on small amount first and steadily increase your venture when you feel you have made a good profit by it.

When you spend money unwisely you can't make those money back but when you spend then wisely you'll make more profits back. For example when you invest into bitcoin by buying more during the dip you're putting yourself in an excellent position to make back more profits when Bitcoin starts rising again but if you invested unwisely into hyped shitcoins, you'll lose with the market as they might never recover to get back to their previous ATH.

Spending money doesn't make you eligible to received money back, you have to be very calculative and make sure what you're spending money on is worth it, if you spend money accumulating liability you'll keep losing money and not get any back but when you invest in assets it'll be different.

R


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June 25, 2023, 03:15:49 PM
 #254

I don't see how increasing consumption may result in higher income.Keeping to a budget is preferable. Setting long-term financial objectives, avoiding overspending, breaking dangerous spending patterns, and other things may all be done with a budget.
The way you said the matter it doesn't actually hold later. As the saying goes, as income increases, expenditure also increases. I think most of the cases happen with most people. If I speak for myself, it has happened in my case that when income is low, expenditure is also low.  But as the income increases, the expense also does increasing.
It's a lot like developed countries and poor countries where you can see that while your income and standard of living are better, the cost of living is also higher.
On the other hand, if I talk about the countries of the third world, then the income and therefore the expenditure from the developed countries is comparatively less.

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June 25, 2023, 04:14:50 PM
 #255

There is an opinion that the more money you spend, the more you get in return
Actually the concept as you convey there is nothing wrong if we use it correctly. If spending your money on what to spend and that spending can result in a profit in the future, this is probably a good thing. But if you spend your money on useless things because you are only following your passions, of course this will not benefit you, especially in the long term, bad expenses should not need to occur.

However, if you are investing your money in an asset like Bitcoin that has the potential to be profitable in the long term, this could be a smarter decision. Because bitcoin investments are investments that do have the potential to generate significant profits in the future even though they carry risks, but this also depends on your patience in seeing market changes. Precisely for me buying as many bitcoins will get a lot of profit too.

R


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June 25, 2023, 04:28:27 PM
 #256

There is an opinion that the more money you spend, the more you get in return
Actually the concept as you convey there is nothing wrong if we use it correctly. If spending your money on what to spend and that spending can result in a profit in the future, this is probably a good thing. But if you spend your money on useless things because you are only following your passions, of course this will not benefit you, especially in the long term, bad expenses should not need to occur.

However, if you are investing your money in an asset like Bitcoin that has the potential to be profitable in the long term, this could be a smarter decision. Because bitcoin investments are investments that do have the potential to generate significant profits in the future even though they carry risks, but this also depends on your patience in seeing market changes. Precisely for me buying as many bitcoins will get a lot of profit too.
indeed spending money can be distinguished between spending money on shopping needs or spending money on shopping for investment goods. needs are also distinguished between important and unimportant, so we must minimize our desires which are often seen as needs. after that the rest can be spent on investing. the more investment we buy, the more chance we will get. therefore we must be good at classifying our money so that it will grow more so as to create financial freedom, if money is only to fulfill our desires, then where will we get greater results, the probability of going bankrupt will be higher
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June 25, 2023, 08:29:19 PM
 #257

no, it doesn’t work like that) It’s just what society says so that people do more good deeds for others, but from an economic point of view this is not possible.The formula will work like this: you save more + spend less = you have more money.Others can and should be helped, but it is important to do this not to the detriment of oneself.

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June 25, 2023, 09:33:36 PM
 #258

It is crucial to recognise that those who do experience extraordinary success by investing a lot of money are either very lucky or have made a lot of investments allowing some of them to be profitable and offsetting any losses they may have experienced along the road.

Having just one investment is obviously a risk too, because even if you have managed all the possible risks and have a good idea of how well your investment can work out, it still might not work out due to some unforseen circumstances. The reason most people are successful is because they did not just rely on one investment. I don't mean that relying on one investment is bad, but the risk is that, in some cases, it might not work out the way you have planned it. If one still has other investments in other assets, then they can serve as backup for the non-profiting or low-profiting investment. So, I agree with what you said. Having more investments will even increase how successful you can be because you will always have other investments to support you.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 25, 2023, 09:41:01 PM
 #259

It is crucial to recognise that those who do experience extraordinary success by investing a lot of money are either very lucky or have made a lot of investments allowing some of them to be profitable and offsetting any losses they may have experienced along the road.

Having just one investment is obviously a risk too, because even if you have managed all the possible risks and have a good idea of how well your investment can work out, it still might not work out due to some unforseen circumstances. The reason most people are successful is because they did not just rely on one investment. I don't mean that relying on one investment is bad, but the risk is that, in some cases, it might not work out the way you have planned it. If one still has other investments in other assets, then they can serve as backup for the non-profiting or low-profiting investment. So, I agree with what you said. Having more investments will even increase how successful you can be because you will always have other investments to support you.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺
Thats actually the best thing any profound investor can do for himself, because diversifying your investment to different area actually increases your chances of gathering better profits and like you said also reduces the possible loss rate that you might inquire to your investment. Although its not a compulsory thing and it also depends on the budget in which the investor is going with because you can't make different invest if actually your capital money isn't enough.

R


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June 25, 2023, 09:54:29 PM
 #260

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

Therefore, "What you sow is what you reap". This is a true statement I mentioned. In this time that we live in, most of us are trying to make everyone's life prosperous because of the difficulties we are facing. That's why it's not that easy to do. That's why what is needed in today's time is to be wise and correct the system that we will make to exceed the expectation that we want to happen.
It's really a bit difficult, but it's necessary if you're really determined about what you want to achieve, maybe that's how simple it is to understand.

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June 25, 2023, 11:15:02 PM
 #261

The time should be spent along with the money to achieve the goal in short time.The top most crypto currency is the
essential one for the good growth of crypto currency like Ethereum,Ripple.When your income was stable, you need to use the income by making some unique plan.Because the money can be easily mis used or can be used for the unwanted things.Trading helps you to become a right person.
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June 25, 2023, 11:46:42 PM
 #262

Thats actually the best thing any profound investor can do for himself, because diversifying your investment to different area actually increases your chances of gathering better profits and like you said also reduces the possible loss rate that you might inquire to your investment. Although its not a compulsory thing and it also depends on the budget in which the investor is going with because you can't make different invest if actually your capital money isn't enough.

Before investing, it's wise to make better plans on how you want to carry on with your investments, how you want to diversify, how you want to roll over, and more. For instance, if you are earning like $2k a month and you decide to invest $500 in Bitcoin every month, you can also save $500 every month that could be invested in other things like real estate, stocks, or even a bond. Some people don't just know how to go about investing. Again, one can even invest in Bitcoin and earn a huge profit during the bull market. The person can still sell some of his holdings and invest in other things. In investment, if we invest and make a profit, we are supposed to reinvest the profit to yield extra profit. That's why some people are more successful because they understand the principles of making different successful investments, despite the fact that not all will be very successful.

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June 26, 2023, 02:09:35 AM
 #263

The more you spend the more you need money and if you don't have money you can never spend. So you save some money from your earnings and save them. You invest when your savings is a large amount of funds. A person can make a lot of money by investing a small amount of money. But before investing it must be analyzed well. Invest for a long time and sell when you get a good profit. And of course wealth can be increased from this invested money. Investing is another easy method of earning. If the investment is successful then surely it is possible to earn good money in future.

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Sexylizzy2813
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June 26, 2023, 12:52:47 PM
 #264

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.

Obviously that saying is 100% true, now let's use gambling for instance. I'm not much of a professional on that but let's do it this way have seen, with you as a gambler having an odd of 5, you're expected to stake a certain amount to make the potential winning dash out the money you used in staking and also your gain will be huge too, if you don't get the staked cash then you're losing even if you win the bet. What I'm trying to say is that if you don't spend much you'd get less of what you've spent so to get more you have to spend more. The risk involved in spending more are always there so it is either you get it right or you fall on the losing side.

Quote
I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything.

It's still the same thing when you say you have a fixed income no rich relatives no inheritance (wtf, no inheritance?) still want to get rich, you can make things right to be in your favor that's if you're mindful of how you spend and in as much as you want all the good things of life just cut your spendings shot to recover your expenses. Before you know it you can be the bread winner of your family.

R


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June 26, 2023, 02:04:54 PM
 #265

There is "confirmation" of this statement. The economy of any country, with a market model, qualitatively works only when the process of circulation of money and its exchange for goods and services constantly works. The point is this: you have had breakfast at a small private cafe, paid for their work and let them earn money. With this money they will also pay taxes. Which means:
- they will be able to, for example, buy your goods or services from you, or the company you work for, and it will turn into your paycheck!
- The taxes they have paid from your money will go to social programs, such as basic free health insurance for you and your family.

This is a very rudimentary description, but by buying and consuming, you create income for other people who will also buy and consume, setting in motion the entire "circulatory system" of the economy.

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June 26, 2023, 02:26:35 PM
 #266

Money gives you the options to accumulate more things, to have more choices in life. Basically it totally depend upon you, where you investing your money. If you are spending your money on useful stuff then it is worth an it can give you well return. while spending your whole money you need to think several times weather you spending on business which can be expand in future and and it may give you good amount but in same way you are spending on gambling, smoking or in alcohol then you will ruin your life. there is a saying that 'if you save money today, the money will save you tomorrow'.
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June 26, 2023, 03:37:58 PM
 #267

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

I don't think this makes any sense on a personal level. Why should increasing our consumption lead to a higher income? It only leads to having less money in our pockets. This statement is true on a company level that invests in their own business. You need capital to buy new machines, run advertising, create new products, etc. If you are a successful business it means that spending more money today will lead to higher revenues in the future. But for us consumers it doesn't help if we spend all our savings on a new car, long vacation and the newest iPhone and iPad. These are all purchases that don't lead to higher income for us.

I guess that's one way to look at it and if I'm not mistaken, maybe the OP also mean the same thing too but in a different manner like spending on ourselves because we are our own investments, so the more money you spend to yourself as an investment then it's likely to happen you will get more in return somewhere in the future, depends on the ROI.

If this is not what the OP meant then I don't know anymore because it just doesn't really make sense if you just spend on anything and still have more in return. The world doesn't work like that.

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June 26, 2023, 04:59:37 PM
 #268

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
When you spend more then you will try to earn more and you will not hesitate to work harder to earn more and if you work hard you will be successful which is why it can be said that if you don't spend more then more  the desire to earn will not arise in you. And you will not dream of achieving anything big. Laziness always tries to trick people but when one is in the habit of spending more money he can't break that habit and that's why he chases to earn more money. At one point he succeeded. So it can be said that if you spend more, you will get more



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June 26, 2023, 05:37:08 PM
 #269

It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

The business opportunity shall be taken when we get more money.  That is called as proper spending of money. If we are getting money and spending it on the unwanted stuff for example overdoing the expenses related to dead investments. These could be anything from car, bikes, extra house, games, or anything that’s just going to be damaged or won’t give back money. That kind of investment shall be avoided when we are getting more money. It’s always ideal to invest in real estate rather than putting money on crypto currencies. When it comes to crypto one should only put money which you can afford to lose.  That’s how one should manage the funds when they are in excess.
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June 26, 2023, 06:01:04 PM
 #270

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
I guess this is the worst financial advice I have ever heard in a century, that the more you spend the more you get in return if the money spent are not on projects that generate income. Because truly everybody wants to get rich, but not everybody willing and ready to sacrifice what it takes to creating that wealth, as to get rich one needs to inculcate in himself the habit of savings, whereby keeping at least 10% of his income either daily, weekly or monthly, far more better than eating all his money and hoping on a miracle that never happens.
So if you really wants to be rich, don't be a careless spender and ensure you invest.

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June 26, 2023, 06:03:01 PM
 #271

It’s always ideal to invest in real estate rather than putting money on crypto currencies.

Even real estate investments give a low ROI; sometimes losses are recorded too. There is no investment out there that doesn't have risk; the level at which we are able to control and manage those risks is what matters most.

To me, the idea is to divide my investment plan and channel it into many sources, some in crypto and a few in real estate. If I like real estate investment, I will prefer keeping my investments in crypto. Bitcoin, especially for the long run, is safer for me in there than a building, which I could not sell off anytime unless there is someone out there in need of a piece of property. And real estate investment, to me, is beneficial based on the investor's location; some countries are bad at giving out ROI in real estate.

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June 26, 2023, 09:06:05 PM
 #272

In my country there is a saying, more you spend on the needy people, more you get. This in other way was briefed as the help you do may be small for the receiver, but for them it could be life changing or a big one which they'll remember forever. In similar manner more people have turned rich or reached big position and remembered the person who helped them at the right time. In some incidents the help done by the father had helped his son in the future. This is the real meaning behind more you spend, more you'll get.

Now this has been connected to the trading practice. According to me, the cryptomarket is risky and to the same it have got the ability to provide you with the best return when invested on the right thing. Here to invest on the right one we need to be knowledgeable or lucky.

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June 28, 2023, 01:31:34 AM
 #273

Spending a lot of money I think it's not a big deal as long as we do it wisely. Yes. I like the two points above. For the first point that commonly occurs
In the case of crypto investment, when we sit and think that there is indeed a lot of wasted time, planning what we will buy, and the result is that we end up getting better results in return.
Everyone who is looking for money basically is to be spent in their own survival by continuing to turn the money they have into the work they have been doing for a long time. This means that all the money that you want to spend must also be based on planning as in the example you said even though it is not for investment alone, because most people now have to think how much they can make money with the amount of time they will spend through life.

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But if we just spend money without thinking smartly, it's like gambling exactly what you mean. Yes. If you only rely on luck and blind shooting might drain your money and mind and I think it's an unnecessary risk.
And for this kind of thing it is usually just consumption without thinking about leaving a little of the amount they have earned so that it can be turned back into any business to get more in the future. So it is very clear that such efforts are not wise because when everything is finished, they have to start making money from zero again in their lives.

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June 28, 2023, 01:44:11 AM
 #274

It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

The business opportunity shall be taken when we get more money.  That is called as proper spending of money. If we are getting money and spending it on the unwanted stuff for example overdoing the expenses related to dead investments. These could be anything from car, bikes, extra house, games, or anything that’s just going to be damaged or won’t give back money. That kind of investment shall be avoided when we are getting more money. It’s always ideal to invest in real estate rather than putting money on crypto currencies. When it comes to crypto one should only put money which you can afford to lose.  That’s how one should manage the funds when they are in excess.
That is why before investing it is important to have knowledge and skills in managing finances,
besides that these skills can also be used in life,
when investing in real estate, of course, the risk is smaller because the price movements are much more stable than in crypto.



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June 30, 2023, 04:44:23 PM
 #275

That is why before investing it is important to have knowledge and skills in managing finances,
besides that these skills can also be used in life,
when investing in real estate, of course, the risk is smaller because the price movements are much more stable than in crypto.
Someone who already has skills and knowledge about assets and investments, of course, will never be afraid to invest in his own life. Because he already knows which assets are good and what the risks are, so he will always make wise decisions and make the right steps before doing them. And I'm sure people with more knowledge about investing will be very brave to invest in different places, be it in crypto or in real estate.

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June 30, 2023, 11:33:44 PM
 #276

There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction.
In considering this hypothesis, it is important to identify the kind of spending involved. Increased expenditure can have different effects depending on whether it goes toward productive or unsuccessful project.
The possibility of future returns is higher if the money is spent on investments like starting a business, buying assets that generate income, or paying for education and professional development. These kinds of strategic investments may eventually boost earning potential, produce income, and build wealth.
On the other side, the possibility of getting significant returns decreases if the spending is predominantly directed toward unprofitable activities, such as excessive luxury purchases, impulsive shopping, or unneeded expenses.

I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?
Building wealth is often a gradual process that requires discipline and long-term planning. It's understandable to feel restricted by a fixed income, but there are still ways to improve your financial situation. Instead of focusing solely on big expenses, consider the power of consistent saving and smart investments.
With dedication and smart choices, you can work towards achieving your financial goals, even without a windfall from rich relatives or inheritance.

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July 15, 2023, 04:05:14 PM
 #277

It is very wrong to spend more than we get expecially when our income is very low and we don't have enough investment as a means of back up against hard times
It is only a person with a low vision that intends to spend more than he or she gets as income.

Knowing this and puttinginto practice by investing at large in a profitable business will help us grow, I think this is not an advice but a question to know how critical people behave toward their  daily life expenditure

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July 16, 2023, 04:38:45 AM
 #278

It is very wrong to spend more than we get expecially when our income is very low and we don't have enough investment as a means of back up against hard times
It is only a person with a low vision that intends to spend more than he or she gets as income.

Knowing this and puttinginto practice by investing at large in a profitable business will help us grow, I think this is not an advice but a question to know how critical people behave toward their  daily life expenditure

You are right that if one's income is less and he is increasing his expenses, he will definitely be at a loss. Always keep your expenses under control. If one has high expenses, one should try to find different sources of income. That's why it is said that you should always do a side business with your income. You can increase your income by saving part of your source income and investing in a good place. A portion of your income should always be kept aside for tough times. Those who have less income or have less capital should avoid unnecessary expenses and must find another source of income, because the name of life is effort and the impossible can be made possible only by effort.

Sebas.tian
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July 17, 2023, 03:26:02 AM
 #279

Spending more money on a wrong way will be difficult for you to get more money, because many people that had that kind of opportunity in the past promised themselves never to spend money anyhow than to invest more on potential coins so that they will get more money in return. I think, there is still opportunity for you to improve higher in financial aspect because the price of Bitcoin is still low for anyone to invest and hold for the bullish season to come before they can sell to make a good profits. You can become rich if you really want to spend the little money you have saved to invest in Bitcoin and apply long term holding which is the best strategy many investors use to make money from their investment.

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