Do you spend more-do you get more?

[lixer]

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.

[Wong Gendheng]

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.

[durop77]

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.

[wmaurik]

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.

[durop77]

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.

[isaac_clarke22]

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.

[gabbie2010]

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.

[xSkylarx]

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.

[Pierre 2]

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.

[KiaKia]

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.

[Inwestour]

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.

[Maidak]

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.

[imamusma]

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.

[kawetsriyanto]

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?
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.

[GideonGono]

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  LOL.

[wmaurik]

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  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.

[YinShuiSiYuan]

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  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.

[Fakhrulenclix]

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  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.

[Bitstar_coin]

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.

[Mario Yamasaki]

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.