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Author Topic: Do you spend more-do you get more?  (Read 1473 times)
19Nov16
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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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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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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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