You can't meet all your needs/desires at once, even if you spend all your salary

[Dr.Bitcoin_Strange]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

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[Faisal2202]

You have pointed out a good discussion. And you have made valid points too. I have a small example which will elaborate it more and it will be easy for many people to understand.

You must have seen one or two topics related to above image in which OPs were saying that BTC is a great hedge against inflation and some were emphasizing that, investment is better then filling all wishes. This same example fits right in your topic too. Because one if have Iphone 14 pro max then he /she must think to buy Iphone 15 pro max while thia is just a wish not some need. But still people prefer to buy it instead they would have bought 0.03+ BTC. And that would increased their portfolio.

The point is, one would say, he have saved enough now he wanted to fulfil his wishes but he might be wrong too. Because world has unexpected events for you which might become expensive so it is better to save funds and invest them so that they would not lose value over time due to inflation.

[SmartGold01]

Needs and wants never ends but what you must know is that investment are made to secure our future and to prevent us from lacking when time as met, naturally we are also required to tackle our major challenges as that is main reason for investment. When our problems are solved you are free from every mental stress and thinking, otherwise we need to introduced some saving methods whereby whenever your salary/salaries comes you should know how to handle it in order to be able to see your needs and wants when time comes, you might not channel all your income into investment because there are unforeseen needs and wants, that may arise and this are always crucial to be attended to.

Though for bitcoin investment we may start involving ourselves with DCA, it can be as little as you can be  it $10 or $30, the thing is we should make sure that something very positive towards your investment are actually going underway by then you wouldn't know when you might have arrived at high place (succeeding have sufficient amount in your saving plan) that may be there for future preservation and to attends to your needs when the times.

[Sim_card]

It is better that we don't think of only today but we should also think about tomorrow, because when you invest for tomorrow, it will help you secure your future and make you live a better life, this is the reason why investing in bitcoin is very important. Using all the funds that you have today without investing it shows how shallow your financial mentality is because what has been spent can't be retrieved. This is why as long as you are earning, you should try and invest some fraction into bitcoin so that you don't misuse that money for irrelevant or unnnecessary things that will depreciate with time.

[safar1980]

One of the important thoughts of Kiyosaki's book "Rich Dad Poor Dad":
"The book emphasizes understanding the difference between assets and liabilities. According to Kiyosaki, assets generate income or appreciate in value over time, while liabilities drain income or depreciate. Building a portfolio of income-generating assets is crucial for financial independence."
If a person wants to gain financial independence, then he should not buy liabilities, like expensive cars, which will increase his expenses.

[DeathAngel]

There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.

[Helena Yu]

$10,000 is still small amount of money if you're want to reach financial freedom.

It's wrong if you said someone can't meet all their desires at once, if they're rich people e.g. Elon Musk, Mark Zuckerberg, Jeff Bezos etc, actually they can fulfill all their needs and they don't have to worry about the money they spend.

If you're a mediocre, even you've invest all of your money and gain a lot profit, you still not able to reach financial freedom because the salary you earn aren't big.

[Dr.Bitcoin_Strange]

It's wrong if you said someone can't meet all their desires at once, if they're rich people e.g. Elon Musk, Mark Zuckerberg, Jeff Bezos etc, actually they can fulfill all their needs and they don't have to worry about the money they spend.

  where did I say so? I think you miss to read  what was said below. 

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

By the way, forget the fact that the people you have mentioned above are big-time rich men. But don't you think that they might have some other big-time project they wish to have launched, but because the total value of capital they need is not yet ready, they decided to still (keep it pending) make due with what they have archived so far, but they are still gathering more funds to pioneer a new project that can earn them more money?

For example, I think Elon Musk has a project with Mars that is still in progress. It could be a desire that he wishes to archive, if everything is really in his power financially and otherwise, he could have just archive it overnight.

[Poker Player]

You can't meet all your needs/desires at once, even if you spend all your salary

There is a thing called contentment, which you haven't discovered yet.

First I would say "human needs are insatiable."

Not true. Some people's, or a lot of people's if you like, but not everyone's. I insist on the previous comment. The rest of what you say, since it is based on a premise that I consider false, I do not agree with it.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

Sounds to me like wishful thinking about spending, or something like that. Remember: contentment.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future.

I do agree on this.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but...

Ok so learn from the mistake and don't make it again.

[macson]

There are still many people who don't understand which needs are priority needs and which are non-priority needs, for example my little sister, she and her friends are already talking about buying an iPhone 15 when it comes out, honestly when i heard this i just shook my head, often people buy non-priority things just because they want to be recognized in their social circle even though if they are good friends, they definitely don't look at their friends based on the luxury items they own.  it doesn't matter if everyone wants to buy the things they really dream of, but the things that people must prioritize are savings, investment and also a stable income.

[dothebeats]

I agree with you, there will always be something else waiting for us to spend our money and resources on. Hence, it is very important to ensure we leave something for tomorrow. We can never be 100% sure that we will be fine tomorrow and no problems will arise after we solve the problems of today. We cannot be too confident in luck and just let the wave us wherever because we gave everything to the needs, wants, and problems of today. We need to ensure we are always prepared for tomorrow despite facing the present day. Make sure we have savings, investments, assets and other sources of income that will back us up for tomorrow and the future days that we will surely be facing problems and catering to our never-ending needs and wants.

[Queentoshi]

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Some needs need to be quickly solved if there is the money to do it and not prolonged too much so it does not keep bugging. Plan to meet your needs little by little so it does not put you in a discomforting position where you will then be forced to borrow money to survive until another money comes. The reason why some people are progressing steadily and meeting their planned goals is because they are very good with planning and getting their needs met, so people always think that they have money always.

[Zlantann]

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

Needs and wants are different. Needs are basic supplies that are essential to survive while wants are usually acquired for pleasure. You don't need to starve or push away responsibilities because you want to save and invest. I know we need to make some sacrifices to help us save but if your income cannot cover your needs, don't even think of investing.  What you need to do is to seek other means to increase your income. But it is important to cut many pleasurable activities that are not important so that we can save enough to invest.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

If today's problem needs to be solved with your entire savings,  please use it to solve the problem. The reason why we save is not only to invest but to solve problems. We have to be prudent in spending but some needs or issues must be solved with even all we have. You can have your budget but you have to note that unforeseen circumstances could change the financial plan.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Some people have to borrow or even sell personal belongings to solve their problems. So you should be proud of yourself that you have the funds to solve your problems. I also had to pull out some part of my savings fund for a relative's health bill. It was unexpected but I am pleased that I could help.

[Lida93]

You can't meet all your needs/desires at once, even if you spend all your salary

There is a thing called contentment, which you haven't discovered yet.

Contentment is something that's very good and it's a virtue everyone should have but being contented doesn't mean satisfaction.

Humans should be contented with what they have but it doesn't mean they should be satisfied because human wants are insatiable as they are tied to growth (in all ramifications of life) so we keep striving to get more.

First I would say "human needs are insatiable."

Not true. Some people's, or a lot of people's if you like, but not everyone's. I insist on the previous comment. The rest of what you say, since it is based on a premise that I consider false, I do not agree with it.

As much as you're a human and alive you are bond to have one need or the other. Our needs keep piling after we solve one another will submerge.

In fact for the very reason that humans are faced with unlimited wants but with scarce means to meet those wants it then entails that no man can be satisfied in life he will always be in need for something to keep life going whether we agree or not.

[CryptoHeadlineNews]

Yes, It's true that as humans, we can never meet all our needs/desires at once due to its insatiable nature, but that doesn't mean that Bitcoin is the only gateway to financial freedom, which if a person doesn't invest in it, he/she can never attain the height to financial freedom, because when it comes to Bitcoin investment, I think that's one kind of investment you don't force people into it, but an investment someone goes into after haven been convinced of it being a worthy asset/investment option. As humans, it's very important to keep 3 kinds of funds (i.e. Emergency fund, investment fund, and fund for daily usage)

[Davidvictorson]

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

In my high school economics, I was taught that there are wants and there are needs. We can do without wants but we would barely survive without meeting our needs. There is also the ranking of needs to be met in the order of highest to lowest priority.

In the OP situation we encounter dire conditions whereby it is only our savings that saves us. And this is usually the last resort. There will always be a problem to solve, a pressing need to be met to be able to escape the issue mentioned by the OP, we need to look towards multiple sources of income. It will helps so that one income can go into meetings the need or solving the problem and another income can be dedicated to savings only.

[ChuckBuck]

For years, economists have struggled to solve the human insatiability problem. You sound like a behavioral economics case study; constantly spending and seeking more money. Your problem isn't unique. Bitcoin isn't the panacea you think it is. You can select how much to spend, but do you realize how fickle the market is? Even tiny investments might fail rapidly. If you don't follow guidelines and research, you'll make lousy financial decisions. The key is money management, which many individuals, especially here, might improve. Yes, you are right to advise saving and investing. Please don't convince financially needy folks that Bitcoin is the solution. 

[yhiaali3]

It is good to learn from personal mistakes and always remember them so that we avoid making the same mistake in the future.

As for human needs, yes, they never end, especially for those who have a family and children, you will find more and more needs daily.

So for me, I work to allocate a weekly budget to the DCA strategy and leave the rest for family expenses, and I try to manage my financial affairs in proportion to the amount I have previously allocated. This method works for me in controlling expenses, but if you do not make a plan to control expenses, you will not be able to save any small amount for investment.

[jrrsparkles]

Your salary is never going to be enough even if you got an appraisal the purchasing power of that fiat is actually decreasing which means you can only meet certain needs that you have even with more money that is why investments can make your life changes.

Bitcoin is good for investment but just focus on the investment part here cause 90% of working-class people live their life from paycheck to paycheck so they literally have no idea about savings and the future, all they focus on is current and influenced by the media and become a prey for this consumerism.

[|MINER|]

We should always think about the future.  You should keep your mind calm.  If a person spends all his capital without thinking about the future, he will suffer a lot.  To be successful you have to be frugal.  No one can fulfill all his needs in one day. Every step should be thought out.  We should learn to control our emotions.  However, while saving, we should not forget the daily life needs. That means the daily life needs should be met properly.  If you stop eating good food or living a quality life for fear of running out of money now, it would be unfair to yourself.  Moreover, you don't have to be very rich to invest in bitcoin.  You can invest money in bitcoin a daily or weekly or monthly.  And from now on you can expect to benefit a lot.

[Ryu_Ar1]

Human needs cannot be met is true and is an undeniable fact.
The conclusion I got from this is because our desires as humans always feel lacking in what we have, so the needs we feel will always be much greater than what we have, but this is normal because we as humans definitely have ambitions which are one of the gateways for us to want something but we will never be satisfied and are always looking for a new target that we want to achieve after completing the previous target.

Many people often say that being grateful for what we have is one way to avoid this, but in this case I have a different thought because even though that is true and being grateful is a good way, deep down I have the ambition to want more. something more. will definitely still be there.

[Stedsm]

That is human nature, and he can't live a normally satisfied life and the hunger in him will always light up extra fire in his heart to bring in more desire in his life and do even more work to achieve it. Those who don't stop trying, those are the only ones who succeeded and will succeed but the ones who don't try, can never even fail it because they're losers in their thoughts already. It's not about spending the whole salary and not meeting the needs, it's all a matter of mental state where that person decides whether he is satisfied with what he already have, or wants more from his life and will do what it takes to achieve his dreams.

[Captain Corporate]

The problem is that some people think if you have a million dollars, ten million dollars or even hundred million dollars, you will be happy and not need money ever again and not want something you can't afford. However, if you look at the rich people, that's not really true at all. Just because you are capable of buying products that are designed for you, which even in that case there are some that you can't probably afford, there are also some that is also mostly about other stuff that you can't buy, huge real estates, companies, business ideas/patents, there are still so much stuff. You may have 100 million dollars, meaning you will never be poor if you are smart, but maybe you want to buy netflix, can you? Thats 100+ billion dollar company, even Elon can't afford to buy it outright. So all in all, people always wants one more than what they own.

[philipma1957]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Needs are easy to fill.  Wants are insatiable.

I already have what I need.

I have no where near what I want.

First off I want perfect physical health.

Second I am 66 years old I want to age backwards to 30.

Third my wife is 67 years old I want here to age backwards to 30.

Four we get to 30 years old I want us to stay 30 years old for at least 300 years.

those four things are all wants not needs.

After my wife and I get them I am sure we will want more .

So needs are easy peasy for many people

wants not so much.

[Issa56]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

No matter the amount of money you have or the amount you spend on yourself, you can never be satisfied with your needs. The more you keep earning, the more your taste keeps on increasing and the more problems come up. Even if you spend all your money, you can’t solve all the problems you are having, and the more you keep solving the problems you are having, the more other problems keep arising.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

It’s a better idea to invest, but I won’t force people to invest, and I will say there are some basic things that have to be taken care of first before thinking about investment. You don’t have to starve yourself just because you want to make investments, provide the basics like food, shelter, medical care, and other necessary things. If you invest in bitcoin and after a few weeks or days, are desperately in need of money, I am sure you will end up selling the bitcoin back just to take care of the problem you are having.

[teosanru]

This is a very good point. I was just talking to one of my friend about it a few days back as well. There is no end to human desires, even in terms of the salary also the desire will only increase after you have reached a certain milestone. But the fact is that after a certain point more money doesn't increase your hapiness by a big factor. It's probably because of the diminishing marginal utility law coming in picture. So better is to work for your passion and do something that you really enjoy because there is no end to the process of keeping working just for the sake of money.

[panganib999]

It applies to people who live in excess. For the rest of us I don't think budgeting alone is the problem.

I've seen people be well off under a $400 dollar per month salary from where I live. I've seen people who could barely make ends meet with their extravagant $1500 earnings per month (For reference, I live in the Philippines so stuff is still relatively cheaper here compared to the rest of the world). I've witnessed people who upgraded from a higher salary grade be well off, I've seen people who still can't save up enough. It all boils down to situation. Sometimes you can be the most frugal person on the planet and that wouldn't be enough if you're getting paid peanuts, other times you could be given the whole world on a platter and you'd still end up broke by the end of the month cause you just don't know how to manage your finances well.

I say frugality has its limits, but so is your salary. find the right balance between the two and I'm pretty sure you'd be able to make it by the end of the month with a net gain moving forward.

[Wexnident]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Well, that's why you differentiate between a need and a desire imo. A need is a priority, a desire is something you just grab when the chance is there, in most cases, you can't though. I tend to prioritize my needs, regardless of what level of importance they have, rather than my desires. It's just that it can hit you in the knee in a bad way if you tend to push it down the list of importance most of the time.

I myself used to have a case where I only spent all my finances on my needs, but had zero for my desires. I was lucky that it didn't encompass everything I wanted, since I could draw on what I already had in the past year (I had a small drawing tablet I've used since forever), and I was pretty content with that. Sure, an improvement would be nice, but that's it, it's only going to be nice, it's not going to change much of me.

But well, having you spend money based on your desire every now and then can imo help subside that feeling of boredom. Or a repeat of every day. Just like how you need to have fun every once in a while

[joniboini]

So better is to work for your passion and do something that you really enjoy because there is no end to the process of keeping working just for the sake of money.

I think this is quite difficult for most people. Working for passion can also mean what you enjoy most might be a chore sooner or later. I've seen a few content creators say they don't find their work meaningful anymore, hence why they stop. But some of them can't do that since their income relies on views, which in the end only causes a downgrade in the content they create.

Personally, I'd suggest people not to make their hobby or what they love their main job. Even if they can do that, it is better to find something else to spend your time. When you reach the point where money can't satisfy your need as you mentioned, you'll likely end up feeling more depressed and hating your hobby/work more.

[xSkylarx]

If you don't push yourself to invest or save and sacrifice some stuff you can't do it. You made a great point as I've experienced this too because if I don't push myself to invest in something I won't be able to do it later because something is stopping me. Though I differentiate my needs into highest priority and lower priority, those highest are the ones that can affect us like if I don't buy this it will make us starve as well as the bills but others like clothes may be needed but can be purchased later on so you'll be saving money for them and you'll have some money to invest in and sacrifice things.

[kingvirtus09]

You have pointed out a good discussion. And you have made valid points too. I have a small example which will elaborate it more and it will be easy for many people to understand.

You must have seen one or two topics related to above image in which OPs were saying that BTC is a great hedge against inflation and some were emphasizing that, investment is better then filling all wishes. This same example fits right in your topic too. Because one if have Iphone 14 pro max then he /she must think to buy Iphone 15 pro max while thia is just a wish not some need. But still people prefer to buy it instead they would have bought 0.03+ BTC. And that would increased their portfolio.

The point is, one would say, he have saved enough now he wanted to fulfil his wishes but he might be wrong too. Because world has unexpected events for you which might become expensive so it is better to save funds and invest them so that they would not lose value over time due to inflation.

That's right, because I also saw something like that on Facebook, and I don't understand why there are prices in each iPhone category. This is what I saw.

Also, if there is Bitcoin, it is not practical for me to use Bitcoin to pay for a branded and expensive iPhone; it is a luxury. Isn't Samsung open to Bitcoin too? But they don't show anything like that, do they? It is not practical to use bitcoin for payment, especially since we are approaching bitcoin halving next year.

[bluebit25]

A saying that I heard about the views of some upper class people is "money cannot solve all problems, and as long as there is a lot of money, the problem will be solved."

Being important about material things in society is something that most of us are forced to do, thinking about being satisfied with our own abilities so as not to dream too far away and suffer the power of money.

Thinking is simpler than money, which is a tool to help us do everything in life, and it is achieved through effort (including luck but still requires effort to create luck). My personal story, by participating in this forum I learned how to be satisfied but then I also realized gratitude for everything that appears, and the same goes for money if I just try to run. If you follow to satisfy your needs, that satisfaction will never be achieved.

[serveria.com]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

People are different. I mean, I know someone who's making $600k+ per year and is whining that he can't afford this and that and at the same time  there's a person earning $100k+/year and claims he can't spend all the money he earns and even manages to save some. So yeah, depending on the individual and his/her needs.

[Ayers]

Yes, It's true that as humans, we can never meet all our needs/desires at once due to its insatiable nature, but that doesn't mean that Bitcoin is the only gateway to financial freedom, which if a person doesn't invest in it, he/she can never attain the height to financial freedom, because when it comes to Bitcoin investment, I think that's one kind of investment you don't force people into it, but an investment someone goes into after haven been convinced of it being a worthy asset/investment option. As humans, it's very important to keep 3 kinds of funds (i.e. Emergency fund, investment fund, and fund for daily usage)

There are many ways to help us achieve financial freedom, bitcoin is just one of them. But since we're on a bitcoin forum, you shouldn't be surprised that all the comments will only mention bitcoin and that there is no second path to financial freedom. I believe the majority of us here are choosing bitcoin as the only way to go, so bitcoin will always be biased here.

I have an outside business and a pretty steady income but honestly, I put more faith in bitcoin to help me become financially free than my business. But if bitcoin can't help me achieve my goal, it doesn't mean I don't have another solution, bitcoin is the preferred solution.

[Jawhead999]

That's why you need to become 1% people where they don't care about needs/desire, they're focus to make money and money even though they can afford to fulfill their needs/desire.

Actually this is a modern problem because many young people are obsessed to impress other people with their achievement that mostly related with money. If you can escape from this, you're high likely will happy.

[CODE200]

One of the important thoughts of Kiyosaki's book "Rich Dad Poor Dad":
"The book emphasizes understanding the difference between assets and liabilities. According to Kiyosaki, assets generate income or appreciate in value over time, while liabilities drain income or depreciate. Building a portfolio of income-generating assets is crucial for financial independence."
If a person wants to gain financial independence, then he should not buy liabilities, like expensive cars, which will increase his expenses.

I so love this book because I learned a lot in terms of financial matters. And he's actually right about assets and liabilities, and that we should focus building our assets because it will help us to generate values and will assists us in the long run. I remember my professor in economics once said, that a great example for this are the Chinese people. We can notice that if you asked people what are the first thing they're going to buy if they got millions, they would say a house or cars. But the Chinese people, they invest and spend their money more on businesses even if they can already afford buying house because for them, assets are more important for it will help them generate more income. What I've noticed about them is that the first floor of their houses are for business like stores and such, and the second floor of their houses is for their own space or their home itself. And I think they are a great example on how we should view needs and desires.

[Huppercase]

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Adulthood is one of the most revealing secret stage of life, if there is anyone around me to tell me the truth about the salary and expenses around you when I was younger, I will be very happy to grow with that mentality. I have all wanted in my life to study hard and get good paying job but when you view it from different angle, a salary cannot finance all the problems around you be it your own or the family.

Whether you have savings or not, it will not do you any goods like that, if you have savings and have more problems, it is like you are not saving anything at all because by the time you open that savings, it will be as if you never save anything at all as problems will over shadow the amount you have save.

If you have more stream of income from salary like side job you do aside from your main job and have savings, it is a good idea. If you have investment and savings another good idea but anything other than that is nothing because inflation is not funny right now, food prices has skyrocketed, average salary is no longer average, only investment is the only way forward and it shouldn't be bitcoin only, span and diversify it through other options of investment.

[Arenga pinnata]

I think I also understand what the OP is saying. Because I have also lived in a condition where I always try to fulfill all my desires and rarely even leave money for the next month. My life is too free. But I started to realize that my steps were wrong at that time. Because even when we buy a luxury car, it will only cost us vehicle tax which is also more expensive than ordinary vehicles.

The point is that every time we fulfill one of our desires, there will be several greater responsibilities that we must fulfill. There are more needs and more wants. So I started thinking about learning to manage finances.

And I continue to learn until now. Until I decided to invest in bitcoin. Although some time ago I was tempted to sell my bitcoins. But now I've invested again when Bitcoin goes down again. And made me have more BTC than before.

[JunaidAzizi]

First I would say "human needs are insatiable.".

I totally agree with your point that human needs are insatiable. When you solve one problem or fulfill a single need the next one is waiting for you, which makes it difficult for us. If a person has a good financial structure and a good future plan then maybe he will secure his future. Most people use the money to fulfill today's needs or they just think about the present but if they are alive for tomorrow and they spend all of their money on yesterday's needs then what will they do or how they survive? This makes me sad but when I think about it I remember the bitcoin which is a blessing for us. Investment in Bitcoin not only save your present but also the future and yeah you are right it does not require a lot of money but instead you just invest on a monthly basis the money which are left from today's need or your saving. This strategy will secure your future and will not let you down to someone.

[RockBell]

That is human nature, and he can't live a normally satisfied life and the hunger in him will always light up extra fire in his heart to bring in more desire in his life and do even more work to achieve it. Those who don't stop trying, those are the only ones who succeeded and will succeed but the ones who don't try, can never even fail it because they're losers in their thoughts already. It's not about spending the whole salary and not meeting the needs, it's all a matter of mental state where that person decides whether he is satisfied with what he already have, or wants more from his life and will do what it takes to achieve his dreams.

That's is true we are designed not to be satisfied but even at that measures of satisfaction can be taking. If that personality is not controlled then greed start setting in gradually. And once greed sets in other forms of personality starts coming from different places. And human nature  is always desiring new and more things, and if you look at most of this companies that is were they get money from they keep releasing new upgraded products and people will always want to belong to whats trending. In what ever you do consistency matters a lot and does people will be favored in one way other. For a person to do proper planning for his salary his good, making proper plans will also help in satisfaction sometimes.

[Alpha Marine]

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

I used to have this challenge at a point. I still do if I'm being honest.
I would always want to solve everything first so I can start saving comfortably. I later realized that it doesn't work that way.
There will always be problems that need solving so what I do now is keep a percentage of my earnings for investment however small it might be
I tried to solve my problems one at a time and as far as it's not life or health threatening I'll be good.
The fact that we said "Invest what you can afford to lose" doesn't mean it is money that we will not miss. We have to make an effort to make that money, but it should just be money that won't wreck you when you use it.

[dothebeats]

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

I used to have this challenge at a point. I still do if I'm being honest.
I would always want to solve everything first so I can start saving comfortably. I later realized that it doesn't work that way.
There will always be problems that need solving so what I do now is keep a percentage of my earnings for investment however small it might be
I tried to solve my problems one at a time and as far as it's not life or health threatening I'll be good.
The fact that we said "Invest what you can afford to lose" doesn't mean it is money that we will not miss. We have to make an effort to make that money, but it should just be money that won't wreck you when you use it.

I agree with you. We really need to be smart when it comes to solving problems as facing them takes some things from us like time and money, if we are not smart and just face all of them at the same time then it will be inevitable that we end up losing almost everything we have. Instead, it is smarter to choose the problems according to have severely they need to be resolved and how much effect they have on us. For example, there are some problems that can be left unresolved for a few days or weeks and we wouldn't feel much of its effects compared to problems that immediately show a negative impact on our daily lives, in this case, it is better to choose to first resolve the latter. Essentially, even in the face of a lot of conflicts or problems, we need to be smart at choosing which to tackle first so it will not create more problems for us in the future.

[michellee]

Preparing a reserve fund is necessary so you don't use your income to meet all your living needs. You also have to make a list of priorities that you must fulfill every month so that you still have money and at the same time, prepare a reserve fund for urgent matters.

It's true that we can't meet all of our family's needs at once, but if we can meet basic needs, that's enough for the time being. For other needs, we can fulfill them gradually. And this includes preparing some money to invest in Bitcoin.

And if you want to take on all that responsibility, you have to calculate how much you can afford and not take the risk of sacrificing all your savings at once. Maybe you can take a little responsibility first while seeing the results a month later. And if you feel you can still take on other responsibilities, do it but don't force yourself because your life needs attention too.

[philipma1957]

That's why you need to become 1% people where they don't care about needs/desire, they're focus to make money and money even though they can afford to fulfill their needs/desire.

Actually this is a modern problem because many young people are obsessed to impress other people with their achievement that mostly related with money. If you can escape from this, you're high likely will happy.

The top 1% are never satisfied for their wants / desires.

The title of this thread really is wrong as needs are easily satisfied.

Wants and desires can be next to impossible to satisfy.

I know a few people worth 10 to 800 million usd. Maybe six or seven people none of them have their wants satisfied and all of them have their needs satisfied.

The issue for all of them is they are 70+ years old and do not want to be old they would all want more time

to play with their wealth.

i do not have their wealth but I do have a few bucks.

I would rather be 33 and have ⅓ of my wealth then to be 66 and have the wealth I have.

I think most rich people feel this way. The ones I know certainly feel that way.

[bhadz]

What we can learn from this topic? it is that human beings have the same thing in common in nature and that's discontentment. While we can teach ourselves to be content and be happy with what we have and just plan for our future like the typical investing in Bitcoin and the crypto market and other investments as well. There will always the time that we're trying to solve a problem that's unending. It's typical as we're problem solvers but we will realize it later on that a problem that keeps on existing will never end and we shouldn't stress ourselves with those because it is just going to hit us emotionally. That is why enjoy while you're young, save and invest, don't forget to give back to whoever you want to give back as that's gonna make you feel happy and that thought that you've shared something valuable from you is like a plus to yourself that you've been blessed. It's not gonna make you poor to share some but the thought that you want to share is priceless while preparing your future self and family.

[el kaka22]

That is so true, it takes years and years to get something done, and when you do, you will have new needs. Thankfully I am earning more than enough to survive and cover my expenses ,dreams can wait and there is nothing wrong with not reaching my dreams, as a person I can live without having too much debt, just a bit that I am sure I can pay, and that is more than enough. If I can't reach my dreams but I can pay off my living, then I will be more than happy about it.

Because when you compare it, surely there are some whales who can buy a new car for everyday, but also we are talking about billions in the world who barely survive, and millions that are starving, I can be at least grateful that I am not one of them.

[TheSpiral]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise. 

I will say that new needs does not arises but new wishes do so because our needs are not high but our wishes are so higher that we cannot meet these easily. Therefore don't concentrate on wishes but just complete your needs and the money remain saved from monthly expenses should use with the aim of increasing with the help of investment technologies.

Actually a person will try to accumulate money for building a house when he become successful in doing this then there will be one more wish to buy a car when this wish is going to achieve some other wishes will be arises which means that man cannot be happy with the achieve desires but will wants to have some more.

[Ultegra134]

That's why you need to become 1% people where they don't care about needs/desire, they're focus to make money and money even though they can afford to fulfill their needs/desire.

Actually this is a modern problem because many young people are obsessed to impress other people with their achievement that mostly related with money. If you can escape from this, you're high likely will happy.

That won't solve your insatiable desires. As @philipma1957 already mentioned in a previous post and is also the point of this thread, our desires are insatiable; thus, even if you're a wealthy person with an abundance of money, you'll still want more and more. That's what the OP is mentioning: that despite how much money we have, we're never satisfied. How is gaining more going to solve it?

I'd also like to add that we also never appreciate what we have until we don't. I worked a job I didn't like and lived in a house that I then cursed without appreciating the benefits of both, although they also had significant drawbacks. But now that I've lost them, I can understand how ungrateful I was. I'm generally satisfied if I have a decent-paying job and an average apartment that's comfortable for me and my partner, but the reality is that due to our human nature, we always crave something a little better.

[Renampun]

I really like McDonald's burgers, but if I buy that every day then all the money I get every month won't be enough to cover it, so I decided to only buy them once a week, in this case our appetite is often passionate for something, if we follow that then we won't be able to get everything, especially for those with small incomes, but there are several phenomena that are currently happening in my city, namely paylater, many young people want to fulfill their desires so they use paylater but they don't able to pay and run away.

[stomachgrowls]

That's why you need to become 1% people where they don't care about needs/desire, they're focus to make money and money even though they can afford to fulfill their needs/desire.

Actually this is a modern problem because many young people are obsessed to impress other people with their achievement that mostly related with money. If you can escape from this, you're high likely will happy.

That won't solve your insatiable desires. As @philipma1957 already mentioned in a previous post and is also the point of this thread, our desires are insatiable; thus, even if you're a wealthy person with an abundance of money, you'll still want more and more. That's what the OP is mentioning: that despite how much money we have, we're never satisfied. How is gaining more going to solve it?

I'd also like to add that we also never appreciate what we have until we don't. I worked a job I didn't like and lived in a house that I then cursed without appreciating the benefits of both, although they also had significant drawbacks. But now that I've lost them, I can understand how ungrateful I was. I'm generally satisfied if I have a decent-paying job and an average apartment that's comfortable for me and my partner, but the reality is that due to our human nature, we always crave something a little better.

Very normal for a human being to have this kind of behavior and those kind of impressions on which on the time that we do able to reach out our goals or targets on acquiring or achieving something then later on then you

will really be aiming for more higher variant specially if we do speak about cars or houses or whatever wants or those leisure things that you do have in mind. Human beings are greedy and ungrateful on some part
on which leaving beyond our means or really that out of our income source will really be leading into disaster. Its not bad on having those wishlist or goals in mind because this would really be that pushing you to
work hard even more because you are really that pursuing on something.

It is really just that a common mistake for most people is that on the time that they are really wishing for something then they would really be taking up some loans which is more than
on what they do earn until they would really be finding themselves on deep debt which would be causing that huge trouble later on on the time that it would really be
keeps on piling specially into those interest which it is something that must avoid.

[STT]

There is a whole branch of savers trying to step off the rat race treadmill by avoiding spending any of their money as  much as possible in their twenties and early thirties.   This allows them to move away from expensive cities and leave the commuting waste of time to lead more life affirming consultancy part time work or even retire all together at early age.  They collect various ways to avoid spending money needlessly, nice aim they have imo.

[AmoreJaz]

That is so true, it takes years and years to get something done, and when you do, you will have new needs. Thankfully I am earning more than enough to survive and cover my expenses ,dreams can wait and there is nothing wrong with not reaching my dreams, as a person I can live without having too much debt, just a bit that I am sure I can pay, and that is more than enough. If I can't reach my dreams but I can pay off my living, then I will be more than happy about it.

Because when you compare it, surely there are some whales who can buy a new car for everyday, but also we are talking about billions in the world who barely survive, and millions that are starving, I can be at least grateful that I am not one of them.

needs will always be there. but if you already contemplated on yourself, and see what's important in your life, some of those needs are actually just wants. and if you find peace of what you have right now, you will feel grateful for whatever you will accomplish.
comparing yourself to others will just make you depress, so better be contented on what you have and be grateful about it. you will feel more happy if you you simple wants in life.

[Ziskinberg]

That is so true, it takes years and years to get something done, and when you do, you will have new needs. Thankfully I am earning more than enough to survive and cover my expenses ,dreams can wait and there is nothing wrong with not reaching my dreams, as a person I can live without having too much debt, just a bit that I am sure I can pay, and that is more than enough. If I can't reach my dreams but I can pay off my living, then I will be more than happy about it.

Because when you compare it, surely there are some whales who can buy a new car for everyday, but also we are talking about billions in the world who barely survive, and millions that are starving, I can be at least grateful that I am not one of them.

Slowly and slowly, we can reach our goal, unlike those rich people who can make it right away if they want. Let us say that we are less fortunate but at least we are still able to survive and still given the chance to work and earn. Even though we have small salaries if only know how to budget our money and think about additional sources of income instead of thinking about spending all of it, we really have the chance to become rich and be able to buy things that we want. More of us are financially illiterate which is why even though we have huge salaries, still end up empty and even in debt.

[Silberman]

That is so true, it takes years and years to get something done, and when you do, you will have new needs. Thankfully I am earning more than enough to survive and cover my expenses ,dreams can wait and there is nothing wrong with not reaching my dreams, as a person I can live without having too much debt, just a bit that I am sure I can pay, and that is more than enough. If I can't reach my dreams but I can pay off my living, then I will be more than happy about it.

Because when you compare it, surely there are some whales who can buy a new car for everyday, but also we are talking about billions in the world who barely survive, and millions that are starving, I can be at least grateful that I am not one of them.

needs will always be there. but if you already contemplated on yourself, and see what's important in your life, some of those needs are actually just wants. and if you find peace of what you have right now, you will feel grateful for whatever you will accomplish.
comparing yourself to others will just make you depress, so better be contented on what you have and be grateful about it. you will feel more happy if you you simple wants in life.

I think it is important to separate the two, needs must be satisfied otherwise our lives will be very uncomfortable, however needs do in fact have a limit, so for example we need to drink some water everyday to keep ourselves healthy and if we drink too little or too much this is bad for our health, however wants are infinite and this is where we need to set limits, because if we do not then we will spend most of our wealth buying a bunch of useless stuff which bring no added value to our lives.

[Bananington]

In sincerity, more problems will always arise when the main goal of earning an income is to sort bills and make an impressive financial statement.
The best key to be free from this burden is to always invest first.
Invest in debts, invest in bills that make your life easy to earn more and increase your earning, save.
The other or what's left after drawing up a budget to soothe the expenses in the following order I stated above shoutbe directed toward miscellaneous expenses. Else, after spending salary in the wrong things, these stated investment would come to hunt one who doesn't know how best to do the needful with money.

[_BlackStar]

I think the average need can be met by 99% of people in the world, but what is difficult to fulfill is lifestyle.
It all starts with how you feel you have enough so that you know the extent of your ability to fulfill your desires. If someone who earns $300 a month wants to own a Lambo - then of course that desire will never be fulfilled throughout his life without luck or the right investment. But if they want to own a car - then maybe they can in a few years.

Know your own limits financially - then think about what you can afford so you don't drown out your good mood in everyday life. High desires without a big budget are just wishful thinking, they don't have to be fulfilled.

[serjent05]

We can meet all our basic needs but we will be having trouble meeting what we desire.  If we need our funds to be sufficient and have extra for Bitcoin investment, the best thing to do is to learn financial management.  This way we will be able to know the methodology of how to maximize the usage of our income.  Being content on what we have will also give us resistance to spending our money on our desires.

[icalical]

I think OP's fault is equating needs and desire, where in reality both are very different. People only needs few things to stay alive, while even the whole world won't be enough to fulfill one's desire. And one of those desire is investments, Bitcoin included, we never need to invest in Bitcoin or anything, but our desires to get richer and richer make us do that. Don't get me wrong I don't mean that's wrong in any way, I am just saying that desire is fine in some way and at certain level.

[dansus021]

I think OP's fault is equating needs and desire, where in reality both are very different. People only needs few things to stay alive, while even the whole world won't be enough to fulfill one's desire. And one of those desire is investments, Bitcoin included, we never need to invest in Bitcoin or anything, but our desires to get richer and richer make us do that. Don't get me wrong I don't mean that's wrong in any way, I am just saying that desire is fine in some way and at certain level.

Agreed Basically if you can control those desires it can be fuel to drive us working work hard to fill up the desire or motivate us to do something better than what we do now.

I think the average need can be met by 99% of people in the world, but what is difficult to fulfill is lifestyle.

Know your own limits financially - then think about what you can afford so you don't drown out your good mood in everyday life. High desires without a big budget are just wishful thinking, they don't have to be fulfilled.

I think you should be a motivator blackstar  in my opinion, if you know your limit financially and know how to control it basically you can live a good life. Because the world is crazy and if we continue to chase the glamour of the world it has never end.

[libert19]

This topic goes deep. Basic desires can't be escaped, food/shelter/clothes. Certain desires which improve your quality of life should be given priority.

A thing to understand is don't go blind after desires. Taking out savings, taking loans to fullfill unnecessary desires is stupidity. A finance saying goes, fullfill your desires from the wealth generated from your investments, thus you preserve capital as well and fullfill your desires too.

[vv181]

~
I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

A lesson learned directly from experience is a truly beneficial experience. Nevertheless, not to discredit yours, generally, it is a good thing to owning up to responsibility, even if that costs more needs that need to be filled, at the very least, we have done what we must to do. Now it is humane to take too much responsibility, especially for yes-people who hardly decide what and when to accept or reject a responsibility. Exceeding our own capabilities also contributes to the mistakes.

Now, regarding desire, this should be the last thing we should be concerned about. The main priority I took from OP and based on experiences is that needs are more essential and prerequisite so it is worth addressing this first.

[Husires]

It lies in the lack of planning. If you give a person a million dollars, all he will think about is buying things he does not need and trying to waste this money quickly. Even on luxuries, if the person is not accustomed to them, he does not know the level of luxury he is looking for.
Spending money must be planned, otherwise you are like someone who burns his money, and then you will not achieve happiness, but rather your worries will increase.

[Dr.Bitcoin_Strange]

There is a thing called contentment, which you haven't discovered yet.

I do, but sometimes one can do things out of ignorance, and later you just get to realize you took a wrong decision while you earlier thought it was a good decision you took.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but...

Ok so learn from the mistake and don't make it again.

Yeah, definitely. One must not allow themselves to repeat a mistake again. I believe I have learned and also have a new idea for following up on things.

So needs are easy peasy for many people

wants not so much.

Boss, you know that human wants could even be something that is impossible to archive. An example is all the above wants that you have stated.

 For example, let's say I want to become the president of my country within the next 48 hours; I want to buy 100 airplanes today; and I also want to perform a miracle and raise the dead. These are wants that are nearly impossible, but when talking about needs, let's say I need a car and I have the money to afford it; I need a shelter, and if I can't build my own at that moment, I can just rent one; I need food to eat; I could just buy food and eat.

But how about needs that concern one's siblings, parents, wife, and children? Perhaps if the person is in the right position to handle most of the bills for the needs of the family. Let's say you have your own needs to cover and those of your parents since they are old; you also have to assist your siblings with a few needs; and lastly, you have those of your own family (your wife and children). That's the reason I said, "You can't meet all your needs and desires at once, even if you spend all your salary." The person must have to attend to some of those needs gradually and must not just allocate all their salary or savings to them (at least still invest some percentage of their salary). There's no way one can solve all at once without others arising.

Boss, you are right; needs are easy peasy for some people, but not everyone. You have all you need, but that does not mean that some people do.

The title of this thread really is wrong as needs are easily satisfied.

Wants and desires can be next to impossible to satisfy.

I know a few people worth 10 to 800 million usd. Maybe six or seven people none of them have their wants satisfied and all of them have their needs satisfied.

No, boss, the topic is okay. I know that there are even some wants that don't need money to fulfill, and a typical example is when you are 66 and want to age back to 30.

You are right.

Some people have just not so much need, and it is easy to solve, but everyone is different, and we live in different countries where the economic system is not the same. Like I said in the previous comment, I insist that some people don't only have their own needs, but their parents' and siblings' too.

[isaac_clarke22]

~

Well you got a great point raised there. Our needs are endless and they would continue being a need until we perish, but I feel like it is situational to just think of it that way since there are people pursuing to be financially stable like trying to build their business as they keep living paycheck to paycheck.

I believe the rich infleuncers out there doesn't have the money "in their hands" but rather in some particular investment that we either don't know or we don't care about at all anyway. People think that the net worth of billionaires is how many cash they hold, but it's really not.

It lies in the lack of planning. If you give a person a million dollars, all he will think about is buying things he does not need and trying to waste this money quickly. Even on luxuries, if the person is not accustomed to them, he does not know the level of luxury he is looking for.
Spending money must be planned, otherwise you are like someone who burns his money, and then you will not achieve happiness, but rather your worries will increase.

Depends on the person sometimes. Give a poor human that amount of money and s/he was dying to make ends meet, s/he could have put that money into better stuff. Sure the investment might not be the first thing that would come into his/her mind, but it's not going to be like the habit of a gambler dumping all of his/her savings in gambling.

[pixie85]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

I know something about it and I think that most of you had the same experience.

Think about the things you wanted when you were younger, 10 or 20 years ago. Think of the computer you wanted to buy, maybe a car or a motorcycle, maybe clothes, shoes, or a bicycle...
Do you still want them? If you had the money to buy them back then and had them now, would you be happy owning them?

I know that I liked completely different things 10 years ago and would spend money on things that I wouldn't buy now.

Think twice before you buy something. Do you really need it? Is it only to satisfy the need for shopping or showing off?

[philipma1957]

There is a thing called contentment, which you haven't discovered yet.

I do, but sometimes one can do things out of ignorance, and later you just get to realize you took a wrong decision while you earlier thought it was a good decision you took.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but...

Ok so learn from the mistake and don't make it again.

Yeah, definitely. One must not allow themselves to repeat a mistake again. I believe I have learned and also have a new idea for following up on things.

So needs are easy peasy for many people

wants not so much.

Boss, you know that human wants could even be something that is impossible to archive. An example is all the above wants that you have stated.

 For example, let's say I want to become the president of my country within the next 48 hours; I want to buy 100 airplanes today; and I also want to perform a miracle and raise the dead. These are wants that are nearly impossible, but when talking about needs, let's say I need a car and I have the money to afford it; I need a shelter, and if I can't build my own at that moment, I can just rent one; I need food to eat; I could just buy food and eat.

But how about needs that concern one's siblings, parents, wife, and children? Perhaps if the person is in the right position to handle most of the bills for the needs of the family. Let's say you have your own needs to cover and those of your parents since they are old; you also have to assist your siblings with a few needs; and lastly, you have those of your own family (your wife and children). That's the reason I said, "You can't meet all your needs and desires at once, even if you spend all your salary." The person must have to attend to some of those needs gradually and must not just allocate all their salary or savings to them (at least still invest some percentage of their salary). There's no way one can solve all at once without others arising.

Boss, you are right; needs are easy peasy for some people, but not everyone. You have all you need, but that does not mean that some people do.

The title of this thread really is wrong as needs are easily satisfied.

Wants and desires can be next to impossible to satisfy.

I know a few people worth 10 to 800 million usd. Maybe six or seven people none of them have their wants satisfied and all of them have their needs satisfied.

No, boss, the topic is okay. I know that there are even some wants that don't need money to fulfill, and a typical example is when you are 66 and want to age back to 30.

You are right.

Some people have just not so much need, and it is easy to solve, but everyone is different, and we live in different countries where the economic system is not the same. Like I said in the previous comment, I insist that some people don't only have their own needs, but their parents' and siblings' too.

There are cultural differences as to what a need is.

My parents are gone.
My wife's parents are gone.

I have 2 brothers and 3 nieces .

They have most needs if no all taken care of. So feeding them financial aid is not needed to do.

My wife has a brother his finances are good. He does not need more money.

Now my bro-in-law has dementia he needs a new brain or a miracle cure.  Money won't do it for him.

So yeah you can argue in his case he will not get what he needs.

A lot of times reading a thread on the net can help me expand my thinking.

As I now realize my wife's brother won't satisfy a need no matter what I do or she does or he does.

Trust me all people with dementia do need new brains or real cures and right now they won't get it.

So until I read what you had to say I was blinded to your idea. Thanks for the thread.

[rat03gopoh]

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

I'm quite curious about this, if you refer to responsibilities that must be taken on without choice, does someone still have the opportunity to keeping to a budget, hold on to savings, and investing if the income/salary is only enough to support those responsibilities?
Is my interpretation wrong?

[Lorence.xD]

This topic goes deep. Basic desires can't be escaped, food/shelter/clothes. Certain desires which improve your quality of life should be given priority.

A thing to understand is don't go blind after desires. Taking out savings, taking loans to fullfill unnecessary desires is stupidity. A finance saying goes, fullfill your desires from the wealth generated from your investments, thus you preserve capital as well and fullfill your desires too.

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

[Gozie51]

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

I'm quite curious about this, if you refer to responsibilities that must be taken on without choice, does someone still have the opportunity to keeping to a budget, hold on to savings, and investing if the income/salary is only enough to support those responsibilities?
Is my interpretation wrong?

There is something that we have to understand about this aspect of life which is health. There are some expenses on health that defies budget or savings. The issue of health is important and does not give signs so when you are in such challenges, you can barely save and your budget goes off after a while because to take care of health is expensive. So we can only talk of savings and budget when all is well but if something goes wrong with health then we understand the other side of life that it is not easy. No one can keep his money when a love one is sick and at that time savings does make any sense but lets be greatful for good health.

[darkangel11]

There are cultural differences as to what a need is.

My parents are gone.
My wife's parents are gone.

I have 2 brothers and 3 nieces .

They have most needs if no all taken care of. So feeding them financial aid is not needed to do.

My wife has a brother his finances are good. He does not need more money.

Now my bro-in-law has dementia he needs a new brain or a miracle cure.  Money won't do it for him.

So yeah you can argue in his case he will not get what he needs.

A lot of times reading a thread on the net can help me expand my thinking.

As I now realize my wife's brother won't satisfy a need no matter what I do or she does or he does.

Trust me all people with dementia do need new brains or real cures and right now they won't get it.

So until I read what you had to say I was blinded to your idea. Thanks for the thread.

That's so true.

When my father was young he struggled to get money. He worked for 30 years trying to make ends meet and never got lucky in anything, never inherited a lot of money.
Then finally in his 70s he begun to do well financially but he was unable to benefit from it. He just didn't know what to do with the money. Even though he had enough money in the bank for 100 monthly salaries, he kept living the same way he lived 20 years before, saving up every penny, eating cheap food, sewing his old clothes so that he wouldn't have to buy new ones...
Then he got cancer and couldn't spend the money even if he wanted to.

When he wanted money he didn't have it, then he had money but wanted more time...

[Unbunplease]

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others.

[Bushdark]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.


So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

Human want are insatiable because as we keep aspiring for a particular thing more will be coming to the list. This is why a billionaire would never relent in making more money for themselves since that's that human nature. We keep aspiring for more as we keep getting one done. The person that have a bicycle would always aspire for a car and when they get that, they would long for more cars in there garage. When they get enough cars, the next need would be to get a plane so that they would be able to fly to anywhere at anytime..The aspiration for more money never ends so we keep struggling for more.

[molsewid]

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others.

Some of the things that you have said is good, when you have money you will buy some for investment. It is just not for the sake of your happiness but I believe it will be soon for investment. Some other people delayed their gratification just to have a savings and after they do it they will spend too much because this is the only time they rest and enjoy their money.

[Viscore]

My realization in life is that no matter how well compensated you are, the amount of your salary will still be not enough to cater all your wants and needs. That is why we should learn to weigh things and focus on what’s necessary and dispose those are not. And with the help of a potential investments, you will never be struggling to make ends meet because you have multiple source of funds that’s already providing for you. With that, you’ll be able to cater to all your needs and wants eventually.

[serjent05]

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others.

People tend to upgrade whenever their wants are met.  I do not think buying an apartment is wrong, cars maybe, but jewelry is okay since it can be considered an investment and can be sold at a higher price later.  Having a lot of money does not mean a person can be a slave of it.  There are people who are able to make money work for them to produce more money.  I don't see any wrong in aiming for more but spending money for luxury things isn't a good thing.  At the end of the day to be able to save up and invest to some ventures, with limiting sources of funds, knowledge of money management is greatly needed.

[uswa56]

Some of the things that you have said is good, when you have money you will buy some for investment. It is just not for the sake of your happiness but I believe it will be soon for investment. Some other people delayed their gratification just to have a savings and after they do it they will spend too much because this is the only time they rest and enjoy their money.

Setting aside income to be used for investing would be very good if we could do it, people who choose to postpone their gratification in order to be able to invest I think this is the right decision compared to using our income only for momentary gratification. Everyone certainly has many desires and they deal with them in different ways, so we need to avoid them. If we can't avoid them then our income will not be enough to save let alone invest, so we need to have good financial management so that we don't spend all our income what we have for useless things will certainly be very detrimental to us.

[dothebeats]

Some of the things that you have said is good, when you have money you will buy some for investment. It is just not for the sake of your happiness but I believe it will be soon for investment. Some other people delayed their gratification just to have a savings and after they do it they will spend too much because this is the only time they rest and enjoy their money.

Setting aside income to be used for investing would be very good if we could do it, people who choose to postpone their gratification in order to be able to invest I think this is the right decision compared to using our income only for momentary gratification. Everyone certainly has many desires and they deal with them in different ways, so we need to avoid them. If we can't avoid them then our income will not be enough to save let alone invest, so we need to have good financial management so that we don't spend all our income what we have for useless things will certainly be very detrimental to us.

I agree with you. If you think about it, if we invest the spare money we have instead of using it to buy luxury things that provides temporary happiness then one day we'll be financially stable enough to spoil ourselves more. These types of decisions are sacrifices that we will one day be grateful about.

[CarnagexD]

My realization in life is that no matter how well compensated you are, the amount of your salary will still be not enough to cater all your wants and needs. That is why we should learn to weigh things and focus on what’s necessary and dispose those are not. And with the help of a potential investments, you will never be struggling to make ends meet because you have multiple source of funds that’s already providing for you. With that, you’ll be able to cater to all your needs and wants eventually.

You can't meet needs and want at once but you can't meet them in a lifetime either. I remember during undergrad, we define economics as the study of how individuals have unending needs and wants with limited resources to spend. For most people, I think it is all about making choices and figuring out how to get the most out of what you have.

But for people who actually have the money to invest, something that they can afford to lose, to prepare for their future and save money for their luxurious hobbies would be desirable. In the end we al have to continuously fulfill both our needs and wants to live a life.

[xSkylarx]

This topic goes deep. Basic desires can't be escaped, food/shelter/clothes. Certain desires which improve your quality of life should be given priority.

A thing to understand is don't go blind after desires. Taking out savings, taking loans to fullfill unnecessary desires is stupidity. A finance saying goes, fullfill your desires from the wealth generated from your investments, thus you preserve capital as well and fullfill your desires too.

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

The generation right now prefers those flashy things that they can flex off on social media and they are wanting to build an image on social media rather than building themselves financially which is the lifestyle they want.

There are times that we want those kinds of things but we are more disciplined and we do have a mindset about investment like having a new phone say the new version of the iPhone others prefer to buy it when they have money but for myself I do prefer an old phone and the extra is for investment because we want assets rather than liabilities and if we gain profit from our assets then that is the time we will buy tons of them.

[Yatsan]

This topic goes deep. Basic desires can't be escaped, food/shelter/clothes. Certain desires which improve your quality of life should be given priority.

A thing to understand is don't go blind after desires. Taking out savings, taking loans to fullfill unnecessary desires is stupidity. A finance saying goes, fullfill your desires from the wealth generated from your investments, thus you preserve capital as well and fullfill your desires too.

Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.

It is okay to have “wants” or desires ‘coz it could push us to perform better or to use it as an inspiration or rewarding system to ourselves. Problem only is that some people are disregarding limits or that their wants are not proportionate with what they can provide or spend. Better to seek for financial management lessons or watch things related to it in order to handle our funds well and to avoid spending too much. Some would say the things we should buy are things which could generate profit, well that’s valid but that’s not how our ego works and satisfaction. Understanding indeed the word “afford” is a must ‘coz not because you can buy something, it would mean that you can afford it. If you would be struggling financially after that purchase then you just forced yourself to buy it.

But with the topic, can we meet our desires and needs at the same time? Yes. An individual may do savong for that phone, car, or house. Urgency would also play a role with this one. Knowing the “right” time when to buy it is an important thing as well.

[Negotiation]

Humans generally have endless needs and feel the urge to get one more so even if you spend all your salary, you cannot fulfill all your needs and desires at once. Life is a struggle to survive people's lives are spent thinking about this and that people have to go to the with some lack or dissatisfaction. Although human needs are infinite not all needs or lacks are the same as people in our society are different people have different needs or needs so it is better to make savings or investment funds to meet the needs of different people. There will be demand but in the meantime building wealth through a savings plan is much less risky and will secure your future and help you build wealth basically, the more money you have the more ways you can use it.

[tjtonmoy]

Here's the thing, the money you waste every day on things that could help a man run his family for a whole week. The things about needs are different from person to person. Your life may seem not enough for you but to someone, your life is perfect to them. They crave that life. But when they reach that life, they will face the same thing you are facing right now, and that life will become not enough for that person. The more we get the more we want. For this reason, we need to learn how to be happy with what we have and be grateful for having it.

Life is complicated at every step. The more you move forward the more difficult it becomes. So the best way to deal with is to go step by step. If you pile up everything to deal with them later, you will be left with a mountain of problems that you will be unable to solve. Try to fix what needs to be fixed at that moment. Don't take any action if you don't have to. Make life simple.

[Dr.Bitcoin_Strange]

I will say that new needs does not arises but new wishes do so because our needs are not high but our wishes are so higher that we cannot meet these easily. Therefore don't concentrate on wishes but just complete your needs and the money remain saved from monthly expenses should use with the aim of increasing with the help of investment technologies.

No, TheSpiral, it's even easy to wish for something that you can't even have. For example, I wish to just be suspended in the air; I wish to walk on top of a sea; I wish to fly. You can wish for many things, both possible and impossible. But when you talk about needs, it's something that you definitely need to attend to, except for the fact that you have to identify the kind of need it is, whether it's a primary, secondary, or tertiary need. If it's a primary need, it means it's something that requires immediate attention, but if it's a tertiary need, that means it's something that you can do without. You can't do without primary needs, but you can do without tertiary needs. Unless you are just a man on your own (man alone), then you can have minimal needs, but if you have people who are also partially, directly, or indirectly depending on you, you will have more needs to satisfy. Even though your needs are not arising, there are. Kindly note that everyone is not the same and not from the same country or faced with the same economic conditions. Rich people have the capability to attend to all their needs, from primary to tertiary but some middle class can not.

[Mr.suevie]

Humans generally have endless needs and feel the urge to get one more so even if you spend all your salary, you cannot fulfill all your needs and desires at once. Life is a struggle to survive people's lives are spent thinking about this and that people have to go to the with some lack or dissatisfaction. Although human needs are infinite not all needs or lacks are the same as people in our society are different people have different needs or needs so it is better to make savings or investment funds to meet the needs of different people. There will be demand but in the meantime building wealth through a savings plan is much less risky and will secure your future and help you build wealth basically, the more money you have the more ways you can use it.

Our wants never end and if we all always key into these needs then it now becomes a problem because for you to save and build something for the future of yourself will be a problem. More money comes with more problem and that's just tge essence of life and if we continue to try and cancel all we will find out that actually saving money will be a problem.

[tbterryboy]

A lot of people despite wanting to make investments or save money can't do it, not because they want to spend everything they earn but because they need to mainly because of their families. You might make yourself understand that you can't fulfill all the needs at once or certain things can be postponed but your spouse or children might not understand that and if you tell them you don't have money when you actually have, that can become an even bigger problem.

So, you have to give up and do whatever they want instead of buying Bitcoin or making investments which you actually wish to do. I'm not saying all that hypothetically but I'm experiencing it and I know that is becomes extremely difficult to save some money that I can use for buying Bitcoin or cryptocurrencies.

[Silberman]

A lot of people despite wanting to make investments or save money can't do it, not because they want to spend everything they earn but because they need to mainly because of their families. You might make yourself understand that you can't fulfill all the needs at once or certain things can be postponed but your spouse or children might not understand that and if you tell them you don't have money when you actually have, that can become an even bigger problem.

So, you have to give up and do whatever they want instead of buying Bitcoin or making investments which you actually wish to do. I'm not saying all that hypothetically but I'm experiencing it and I know that is becomes extremely difficult to save some money that I can use for buying Bitcoin or cryptocurrencies.

That is understandable, but like always some sort of balance must be reached, since there are many people out there that want to give their children everything they did not have but they end up spoiling their children instead, and this is bad as no matter what you do they will not feel gratitude for what you are doing for them and they may simply think that is expected out of you, and this is a dangerous attitude to have as the world is not going to be anywhere near as accommodating to their desires as you are.

[carlfebz2]

I will say that new needs does not arises but new wishes do so because our needs are not high but our wishes are so higher that we cannot meet these easily. Therefore don't concentrate on wishes but just complete your needs and the money remain saved from monthly expenses should use with the aim of increasing with the help of investment technologies.

No, TheSpiral, it's even easy to wish for something that you can't even have. For example, I wish to just be suspended in the air; I wish to walk on top of a sea; I wish to fly. You can wish for many things, both possible and impossible. But when you talk about needs, it's something that you definitely need to attend to, except for the fact that you have to identify the kind of need it is, whether it's a primary, secondary, or tertiary need. If it's a primary need, it means it's something that requires immediate attention, but if it's a tertiary need, that means it's something that you can do without. You can't do without primary needs, but you can do without tertiary needs. Unless you are just a man on your own (man alone), then you can have minimal needs, but if you have people who are also partially, directly, or indirectly depending on you, you will have more needs to satisfy. Even though your needs are not arising, there are. Kindly note that everyone is not the same and not from the same country or faced with the same economic conditions. Rich people have the capability to attend to all their needs, from primary to tertiary but some middle class can not.

And this is why it would really be always ideal that you should really be sticking on something that realistic and really sticking out on the goals which you are bound to achieve or really that thriving to make it happen.

Yes, when it comes to needs then there would really be primary until to tertiary on which same on the condition or situation had mentioned then you would definitely be trying out to prioritize those primary ones
because you cant really be able to survive knowing that these primary considered to be on the area of food,shelter,clothing,insurances etc.. which we know that it would really be that so crucial in speaking about on making a living and surviving on this world. Next would be that secondary which we know mostly it would be playing out on wants and as mentioned that everyone could live without this but we know that its part of human behavior or instinct on trying out to purchase on things that they do really want.It wont really be that a problem if you are really that a rich person and its true that we do have different status in life
when it comes to finances and this is why that financial capability would really vary.

Live according into your means and dont tend to achieve things which you do know that you cant really be able to do so, but its not really that bad to have those kind of
aims as long you would really be sticking on being responsible and wary about things around then you should really be just that fine.

[Iroh]

Human wants and not needs are insatiable. We cannot be totally satisfied as there is always something new we humans would like to acquire.
I agree with you that we can’t meet all our needs even if we spend all our salaries and wages. Personally, I think the more we earn, the more responsibilities we tend to undertake financially and it would seem the money just can’t be enough to meet all our needs.

It would be extremely financially draining if we try to meet all our needs at once hence the need to prioritize our needs in order of importance. That way and with a careful thought out budget, we could overtime satisfy a bunch of our needs.
Emergencies and problems that would require funds to solve tend to pop up every now and then. We can’t ignore that fact and use all funds to solve all our needs at once. Needs that are ever changing and steadily increasing.

[xSkylarx]

Humans generally have endless needs and feel the urge to get one more so even if you spend all your salary, you cannot fulfill all your needs and desires at once. Life is a struggle to survive people's lives are spent thinking about this and that people have to go to the with some lack or dissatisfaction. Although human needs are infinite not all needs or lacks are the same as people in our society are different people have different needs or needs so it is better to make savings or investment funds to meet the needs of different people. There will be demand but in the meantime building wealth through a savings plan is much less risky and will secure your future and help you build wealth basically, the more money you have the more ways you can use it.

Our wants never end and if we all always key into these needs then it now becomes a problem because for you to save and build something for the future of yourself will be a problem. More money comes with more problem and that's just tge essence of life and if we continue to try and cancel all we will find out that actually saving money will be a problem.

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.
The more money you have, the more you spend. That is why having the mindset of saving first before spending is best mostly if your income is big so that it is sure that youll be saving some money and not only in wants.

[Natsuu]

I will say that new needs does not arises but new wishes do so because our needs are not high but our wishes are so higher that we cannot meet these easily. Therefore don't concentrate on wishes but just complete your needs and the money remain saved from monthly expenses should use with the aim of increasing with the help of investment technologies.

No, TheSpiral, it's even easy to wish for something that you can't even have. For example, I wish to just be suspended in the air; I wish to walk on top of a sea; I wish to fly. You can wish for many things, both possible and impossible. But when you talk about needs, it's something that you definitely need to attend to, except for the fact that you have to identify the kind of need it is, whether it's a primary, secondary, or tertiary need. If it's a primary need, it means it's something that requires immediate attention, but if it's a tertiary need, that means it's something that you can do without. You can't do without primary needs, but you can do without tertiary needs. Unless you are just a man on your own (man alone), then you can have minimal needs, but if you have people who are also partially, directly, or indirectly depending on you, you will have more needs to satisfy. Even though your needs are not arising, there are. Kindly note that everyone is not the same and not from the same country or faced with the same economic conditions. Rich people have the capability to attend to all their needs, from primary to tertiary but some middle class can not.

Needs are the things that are a must. You cannot live effectively without it. In contrast, wants are just like your cravings or the things you can wishlist. It can improve your life somehow but you don't necessarily need it to live. Or in short, you can live without it. You can live without a branded clothes on, you can live without the newly released Iphone 15.

The only key in here is to make your wants be the subject for your needs. In this case, you're taking out two birds in one stone. Or at leas if you are buying something for your want, make it as an investment or an item that appreciates its value overtime.

[CageMabok]

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.

I think everyone needs to choose between a lifestyle that meets their daily needs and one that continues to be used in the long term and this applies to everyone. Be it rich people or poor people, because when someone always prioritizes their lifestyle every year by continuing to follow updates on expensive goods that can give them a luxurious lifestyle. One day that person will also be poor if he doesn't care about his income because he feels he is rich and won't fall into poverty again, whereas a poor person would be very silly if he followed this, especially if the poor person doesn't have any savings.

The more money you have, the more you spend. That is why having the mindset of saving first before spending is best mostly if your income is big so that it is sure that youll be saving some money and not only in wants.

If you see a person who has a lot of money, but he also spends more of that money, that means he doesn't have a mindset for saving except just a mindset to keep spending until there's nothing left. And usually such a person will not easily become rich or gain long-term comfort in his life because when he has no money, he will always face difficulties himself. So I also quite agree with your suggestion on the point of saving not only for our living needs, but also for other things.

[dothebeats]

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.

I think everyone needs to choose between a lifestyle that meets their daily needs and one that continues to be used in the long term and this applies to everyone. Be it rich people or poor people, because when someone always prioritizes their lifestyle every year by continuing to follow updates on expensive goods that can give them a luxurious lifestyle. One day that person will also be poor if he doesn't care about his income because he feels he is rich and won't fall into poverty again, whereas a poor person would be very silly if he followed this, especially if the poor person doesn't have any savings.

Ensuring that you live the everyday that fits how much you are getting from your annual income, as well as making sure that also means being able to save up, is a must in toady's time. No one should expect to achieve financial stability while living the lifestyle that doesn't financially fit them. I know and have seen a lot of people who had to deal with the consequences such action and decision brings, they soon realized how big of a loss they are doing and how it is affecting their future negatively. On contrast, I also know a lot of people who was able to establish a good financial life by doing the complete opposite, they made sure that they are only buying what they need, ensuring that they are able to make investments and save up some money as well. They still of course enjoy luxury goods sometimes, but too much to the point that they need to touch their savings for it. I think we all need to learn to do that, no matter how tempting it is to live a luxurious flashy life.

[slapper]

It's a common misconception, and I'll admit that I've held off investing in something as new and uncertain as Bitcoin because I felt I needed to fix every issue in my life first. However, you are correct in saying that wants and issues never go away. They simply transform. I believe that many of us need to hear your important insight: investing for the future is necessary, don't you think? Prioritising and organising are more important than accumulating

I agree that it's crucial to keep a budget and not deplete all savings for immediate problems. Investing in Bitcoin doesn't have to be a significant, onerous financial commitment, even with a modest sum. Thank you for being so open about your previous errors. It serves as a wonderful reminder that budgeting for the present and making financial plans for the future should always include assets like Bitcoin

[DYING_S0UL]

Humans generally have endless needs and feel the urge to get one more so even if you spend all your salary, you cannot fulfill all your needs and desires at once. Life is a struggle to survive people's lives are spent thinking about this and that people have to go to the with some lack or dissatisfaction. Although human needs are infinite not all needs or lacks are the same as people in our society are different people have different needs or needs so it is better to make savings or investment funds to meet the needs of different people. There will be demand but in the meantime building wealth through a savings plan is much less risky and will secure your future and help you build wealth basically, the more money you have the more ways you can use it.

There will always be less no matter the situation. It's all about being satisfied with what we have and being grateful. Even the richest people aren't happy. We may think we have nothing by looking at those who are superior then us. He has all the things I want, so why can't I have it. But if we, even for once, tried to look the other way, we'll be shocked how poor are living these days. They can't live nor they can't die. This world is a living hell for them. At least we have a shelter around our head and three meal a day.

For me, I too have desires, I too want many things. But then I try to remember where I came from, what my parents did for me, how well my family is doing. It somehow surpasses/stops my these desires.

I think taking small steps are crucial. Every penny I spend I try to save the most of it, not wasting it on garbage things. It ensures that, I can spend it for my other needs. You can say it's a kind of saving.

[Y3shot]

<>

Like you rightly said, human wants are insatiable the higher your income the higher your financial burden. But with the right knowledge of financial management and growth, one can avoid running into bankruptcy and lack. The one thing to have wants and another thing to put unnecessary wants under subjection.

[Lanatsa]

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.

I think everyone needs to choose between a lifestyle that meets their daily needs and one that continues to be used in the long term and this applies to everyone. Be it rich people or poor people, because when someone always prioritizes their lifestyle every year by continuing to follow updates on expensive goods that can give them a luxurious lifestyle. One day that person will also be poor if he doesn't care about his income because he feels he is rich and won't fall into poverty again, whereas a poor person would be very silly if he followed this, especially if the poor person doesn't have any savings.

Ensuring that you live the everyday that fits how much you are getting from your annual income, as well as making sure that also means being able to save up, is a must in toady's time. No one should expect to achieve financial stability while living the lifestyle that doesn't financially fit them. I know and have seen a lot of people who had to deal with the consequences such action and decision brings, they soon realized how big of a loss they are doing and how it is affecting their future negatively. On contrast, I also know a lot of people who was able to establish a good financial life by doing the complete opposite, they made sure that they are only buying what they need, ensuring that they are able to make investments and save up some money as well. They still of course enjoy luxury goods sometimes, but too much to the point that they need to touch their savings for it. I think we all need to learn to do that, no matter how tempting it is to live a luxurious flashy life.

Proper income management
Proper savings
Proper emergency funds
Proper investment
Proper multiple income source
Proper spending

Eveyrthing that correlates with these things are really to those people who do able to strive and sustain out their day to day living.Spending is common but of course
you should really know your limit and you should really know on when to stop specially if you do hit up almost that limit line. There are really times which
it is really that hard to resist or having no choice on spending on something specially if you are on a tough situation or condition which leaves you no choice
but to spend more. As long you do make yourself that responsible then it would really be always  that wise that everything should really be in moderation.

[Bushdark]

<>

Like you rightly said, human wants are insatiable the higher your income the higher your financial burden. But with the right knowledge of financial management and growth, one can avoid running into bankruptcy and lack. The one thing to have wants and another thing to put unnecessary wants under subjection.

The problem is that we will always admire more things even when we have enough in our reserves. This is one of the reasons why the rich are always wanting more not minding if others considered them as over sufficiently wealthy. Everyone wants to make more money even when they have enough to spend and eat. The problem comes as a result of the rich don't want to come down and they are ready to do anything to have more money. Money is the root of all evil even at that, money still answers all things that is why people can do anything for money.

[emulsifryer]

That's why you need to become 1% people where they don't care about needs/desire, they're focus to make money and money even though they can afford to fulfill their needs/desire.

Actually this is a modern problem because many young people are obsessed to impress other people with their achievement that mostly related with money. If you can escape from this, you're high likely will happy.

If you are contented of what you have it doesn't matter of what others will think of you. Focus on your goal and try to building something for yourself that's not only to impress other people cause they literally don't care about your life.

[CryptopreneurBrainboss]

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

You can't solve all your problem so it won't be wise trying to solve them as you'll miss the most important things while trying to do so. There are some needs that can be kept for later and when you have enough cash you can go back to the need. We have to learn to manage and that's how to get financial independence because when you sacrifice some less important things, you'll have more spare money to fund your investment in Bitcoin or any other assets that you have your eyes on. Problems are motivation so sometimes keeping them around will motivate you more to hustle so you can get more money and keep yourself comfortable. When you receive your salary, after taking cares of the needs that are very important like Food, shelter and other utility bills, you have to forget about those other things that you think are necessary but they aren't and invest so you can have a comfortable future because when you don't Invest and use that money now you have killed the possibility of that money been invested to generate more income.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

The best way to live is to always have a budget for your money before you receive them so when it comes you don't spend them on things that won't add value to your life. You can always keep some spare cash for leisure but they shouldn't be the priority. When you plan yourself, it doesn't matter how little your salary is but it'll look like you're receiving big salary because of your coordination. You should always saved and those savings should be for investment purposes mainly because investment is one of the ways you can generate money to take care of those needs you feel needed taking care of. Investment has been made easier with Bitcoin and you can invest through DCA without having to brank your bank to do so.

[uchegod-21]

$10,000 is still small amount of money if you're want to reach financial freedom.

It's wrong if you said someone can't meet all their desires at once, if they're rich people e.g. Elon Musk, Mark Zuckerberg, Jeff Bezos etc, actually they can fulfill all their needs and they don't have to worry about the money they spend.

If you're a mediocre, even you've invest all of your money and gain a lot profit, you still not able to reach financial freedom because the salary you earn aren't big.

No matter how rich anyone may appear to be, their needs are still insatiable. That is just the simple nature of Man. While you have mentioned the billionaires of the world, you have forgotten that their problems and the goals that they want to achieve are quite big compared to yours, for instance, Elon Musk would want to own Twitter, also own Facebook and everything that is related to meta. He also wants to control almost all the top companies of the world, but he cannot actually do that because his present resources will not permit him to get everything at the same time. That is the bone of context of the Op. Do not deliberately digress from what he is discussing, but be it as it may, human needs are insatiable. The more money you have, the more money you want.

[ChuckBuck]

Every year there are new phones and if we fuel our wants always then we have tons of phones and it would be useless as we ain't using them or worse you wouldn't have any savings at all.

I think everyone needs to choose between a lifestyle that meets their daily needs and one that continues to be used in the long term and this applies to everyone. Be it rich people or poor people, because when someone always prioritizes their lifestyle every year by continuing to follow updates on expensive goods that can give them a luxurious lifestyle. One day that person will also be poor if he doesn't care about his income because he feels he is rich and won't fall into poverty again, whereas a poor person would be very silly if he followed this, especially if the poor person doesn't have any savings.

Ensuring that you live the everyday that fits how much you are getting from your annual income, as well as making sure that also means being able to save up, is a must in toady's time. No one should expect to achieve financial stability while living the lifestyle that doesn't financially fit them. I know and have seen a lot of people who had to deal with the consequences such action and decision brings, they soon realized how big of a loss they are doing and how it is affecting their future negatively. On contrast, I also know a lot of people who was able to establish a good financial life by doing the complete opposite, they made sure that they are only buying what they need, ensuring that they are able to make investments and save up some money as well. They still of course enjoy luxury goods sometimes, but too much to the point that they need to touch their savings for it. I think we all need to learn to do that, no matter how tempting it is to live a luxurious flashy life.

Isn't this the classic story of people being carried away by their wants and needs until it's too late? It's absurd how many people, when it comes to money, don't understand how simple it is to live within your means. I have witnessed countless, yes countless, people try to maintain a lifestyle that is beyond of their reach only to fail under the weight of their own bad choices. Don't they get it? Simple math. If you're earning X amount, don't spend Y amount where Y > X. Nothing too complicated there. It's absurd!

There are, of course, smart people who are good at managing their money and making sure they have enough for investments, savings, and an occasional luxury purchase. Congratulations on mastering the basic art of spending less than earning. Give it a round of applause, please.

Wake up, everyone lured by luxury. Being wealthy is a serious matter, and living over your means? A guaranteed path to disaster. Learn from your own kind's mistakes and put the basics into practice. Is it really that hard? 

[letteredhub]

<>

Like you rightly said, human wants are insatiable the higher your income the higher your financial burden. But with the right knowledge of financial management and growth, one can avoid running into bankruptcy and lack. The one thing to have wants and another thing to put unnecessary wants under subjection.

The problem is that we will always admire more things even when we have enough in our reserves. This is one of the reasons why the rich are always wanting more not minding if others considered them as over sufficiently wealthy. Everyone wants to make more money even when they have enough to spend and eat. The problem comes as a result of the rich don't want to come down and they are ready to do anything to have more money. Money is the root of all evil even at that, money still answers all things that is why people can do anything for money.

@bushdark you got it all wrong, money isn't the root of all or any kind of evil it's actually the love (obsession) for money that is evil and not money itself.

It is natural that humans don't get satisfied with how much of whatever they may have and for those that haven't gotten the privilege to have a bit of how much wealth you might have gathered they may be professing how they will be contented never to wants extra more if they could only but get a little part of your wealth but when they eventually do  they don't get satisfied. The truth is no amount of wealth is ever enough we keep striving for more.

[Fatunad]

<>

Like you rightly said, human wants are insatiable the higher your income the higher your financial burden. But with the right knowledge of financial management and growth, one can avoid running into bankruptcy and lack. The one thing to have wants and another thing to put unnecessary wants under subjection.

The problem is that we will always admire more things even when we have enough in our reserves. This is one of the reasons why the rich are always wanting more not minding if others considered them as over sufficiently wealthy. Everyone wants to make more money even when they have enough to spend and eat. The problem comes as a result of the rich don't want to come down and they are ready to do anything to have more money. Money is the root of all evil even at that, money still answers all things that is why people can do anything for money.

@bushdark you got it all wrong, money isn't the root of all or any kind of evil it's actually the love (obsession) for money that is evil and not money itself.

It is natural that humans don't get satisfied with how much of whatever they may have and for those that haven't gotten the privilege to have a bit of how much wealth you might have gathered they may be professing how they will be contented never to wants extra more if they could only but get a little part of your wealth but when they eventually do  they don't get satisfied. The truth is no amount of wealth is ever enough we keep striving for more.

And thats part of human nature on which you would really be always long or asking for more despite on having that sufficient amount of money or possession that you do have in now.People would really be asking for more since we know that once you do have the money then it would really be giving out that kind of feeling that it is really that symbolized power and authority among other people and this is fact or something that reality that we are facing today. Desires is unlimited and we majority would really be that something materialistic and really hungry for more. Im not really that generalizing all but most of the time it would really be having on this way.Speaking about expenses then it would really be just that normal because we do really need things for us to live on day to day on which spending or allocating budget is something that would really be in default and this is why we do really work hard our asses of just for the sake of survival.It did really just turns out that on the time that your earning is bigger then you would really be that impulsive on buying things  which arent supposed to be bought since its really not really that significant specially buying something that would be getting in line with your wants. Its not bad to buy something for yourself but everything should really be
in moderation because if not then you would really be finding yourself on great trouble.

[topbitcoin]

Please be aware that there are many needs. There are even what are called daily needs such as food, long-term needs and also sudden needs. We need to fulfill all of this and we need to prepare. And indeed, even if we spend the money we earn from working for one month, our needs still cannot be fully met. And indeed, sometimes as you get older, your needs continue to increase. In this case, instead of us being busy doing nonsense so that the government can reduce the price of goods. It would be better if what we do is to continue trying and improving our skills and knowledge so we can earn more money. And it is important for us to sort out the needs that we will fulfill, so that more important needs can take priority and our expenses can also be regular.

[2double0]

It isn't possible to meet the ends meet at once, which is why we humans keep trying our best and even go the wrong way to make money in order to get our desires be met as nobody in today's world wants to wait and just want their wishes to be fulfilled asap. However, a person who can control his needs is the real hero because he knows how to take care of requirements of the family. 
Traders who can serve the purpose of investing at least something in crypto are those who can succeed in the future.

[Cling18]

Please be aware that there are many needs. There are even what are called daily needs such as food, long-term needs and also sudden needs. We need to fulfill all of this and we need to prepare. And indeed, even if we spend the money we earn from working for one month, our needs still cannot be fully met. And indeed, sometimes as you get older, your needs continue to increase. In this case, instead of us being busy doing nonsense so that the government can reduce the price of goods. It would be better if what we do is to continue trying and improving our skills and knowledge so we can earn more money. And it is important for us to sort out the needs that we will fulfill, so that more important needs can take priority and our expenses can also be regular.

I certainly agree, we can meet our basic needs but we can't fulfill everything that we need in life in a short period unless we'll grind and work so hard and be successful to achieve everything. Even if we don't spend too much on our wants, there are still needs that we should fulfill. As our salaries increase, our expenses increase as well. It's never-ending, to be honest, but despite everything, we should never disregard the purpose and importance of investing. We should know how to put value on it even if it takes time for us to gain the profit that we want.

[serjent05]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

[agustina2]

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

Isn't it that we do save money for the future? Basically, we shouldn't think that our entire savings currently can solve all the problems regardless of whether it's current or in the future. What matters is, that in case of emergency or urgent needs, we do have backup money that is just waiting to be deployed.

For our savings to be a good financial source in case of urgent needs it needs to grow over time.

Finding a stable work or source of income is the key to having healthy savings. Investing also in insurance might be considered.

[Gallar]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

It is true, the needs of life are basically things that will never be resolved, as long as we are still alive in this world. Because every day we as humans definitely have needs such as having to eat and having to have clothes. So it is certain that the need will continue to exist.
But in my personal opinion, what gnaws at our wallets more than needs is desire. Let's just think about it, if we need it it means we really need it and in general we can say that we have to get it. However, when talking about desires, actually these rights are not mandatory to always be obtained. However, according to my personal observations, quite a few people prioritize their desires over their needs. For example, buying an item or tool that is expensive but not very useful. So in essence, the need will definitely remain, as long as we as humans still have breath. But what we have to be more careful about and we have to be able to control is the matter of desire. Because if we cannot control a desire, it will most likely have a very bad impact on our economy.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

Of course, if someone had to wait to invest in bitcoin until their life's needs were met, I don't think such a person would ever invest in bitcoin. Because if you only think about the necessities of life there will be no end. However, when investing in Bitcoin, using unused(cold) money as bitcoin investment capital is a must. Because, the context is different, if you invest in Bitcoin you have to use hot money. Of course this is not recommended. So basically, in this context, invest in bitcoin and don't wait until your needs are completely met. It is my understanding that this context still requires the use of cold capital. And the context of the need in question is a very large need. Because if, for example, our living needs are not prioritized (which are mandatory, such as eating), it could actually have bad consequences. Therefore, the needs I mean here are needs that are actually not that important. It's like buying a car, even though you can still use public transportation.

Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

Yes, that's right, savings money is intended for something when the situation is really urgent. But if, for example, one day there is an urgent situation, it can't be helped, of course we have to spend our savings. And if it runs out, this could happen. Because sometimes we can't predict what urgent situations might occur, and we don't know whether we should spend all our savings on those situations or not.

[xSkylarx]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

[zaim7413]

There is nothing that can control human desires to fulfill their desires, even the richest people in the world are still trying to add to their list of wealth even though the wealth they have accumulated will not be consumed by seven generations. As long as humans are still breathing, their stomachs will never be full even if they are filled with all the sea water, humans' desires will continue to increase every time they see something new.

Those who are not yet financially stable need to prioritize their needs rather than their desires. The money they earn each month must be managed well so they don't get into debt before the turn of the month. It is necessary to set aside monthly income for savings to avoid economic difficulties. Bitcoin is a safe place to save some money for people who have studied the Bitcoin system.
Saving may not make you rich instantly, but having savings will keep you free from financial problems.

[adzino]

Can't agree more to this. Yes, life will always presen us with desires and needs, and it is something that we can never fulfill no matter what. It is up to us to determine which ones to prioritize. Just as you've pointed out, one of the most common misconceptions people have about Bitcoin is that you need a large sum of money to start investing. In reality, the beauty of Bitcoin lies in its divisibility, allowing one to buy even a single satoshi. You don't need a one whole bitcoin to make profit. You can always buy fractions and start your journey from there. And yeah, it's vital to distinguish between needs and wants. Basic necessities like food, shelter, and healthcare should always come first. Once those are taken care of, investing in assets like Bitcoin can be a wise choice for the future, even if it's a small amount. After setting aside funds for essential needs and future investments in bitcoin, we can then indulge in non-essential wants as much as we want!

[barisbilgili]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

[bakasabo]

It is human nature to want more, bigger, newer and etc. It is human nature to place new goals immediately after past is achieved. As soon as we purchase something or spend money, we immediately think how to combine it with other, how to we would use it with combination with something. And such chain goes on and on. That is why there is never enough when we speak about money. Those who earn hundred, already know where they could spend thousand. Those who earn thousand, knows where they would earn hundred thousands. Millionaires always need billion to fulfill their plans.

[KiaKia]

Honestly, I need to read something like this to apply some peace of mind in me, because lately I have set my focus om acquiring more Bitcoin before it's too late and I believe that anything after the next Bitcoin halving is considered too late, until the next bear market again which is years away.

I have a major BTC goal before that time and I can't help but keep doing all I can to get to the certain figure, I am a bit worried that I won't be able to get that exact amount before the halving period runs out.

But reading your topic makes me believe that we really can't meet all our needs in life, because at this rate, even if I try to push myself more, I would probably land into a state where I don't want to be.

I need to have a brighter future, it's a must but at the same time, it is not healthy to push yourself too much because of Bitcoin, it's better to work slowly and have a great life in the future than to push yourself into unnecessary DCA pressure.

[goldkingcoiner]

I do not think that the needs and desires of any human will ever be reached. It's nobodies fault but it is just how we are built as a species. We want because we are driven by our brains demand for the happy hormones which the brain was constructed to want. So we are in a way all plain junkies trying to chase a happiness high. No matter how much money we earn, save, win or spend, we will never have enough. That is why Bill Gates and Elon Musk show up at work everyday instead of lying on a beach with a cocktail in their hand.

On one hand, it makes life interested, on the other hand we are basically consuming for the sake of consuming.

[Dickiy]

There are still many people who don't understand which needs are priority needs and which are non-priority needs, for example my little sister, she and her friends are already talking about buying an iPhone 15 when it comes out, honestly when i heard this i just shook my head, often people buy non-priority things just because they want to be recognized in their social circle even though if they are good friends, they definitely don't look at their friends based on the luxury items they own.  it doesn't matter if everyone wants to buy the things they really dream of, but the things that people must prioritize are savings, investment and also a stable income.

At this time most young people who work think of working only to buy the latest branded goods or follow the current association that always prioritizes style to look luxurious, few of them only think about the future to come, they work only to fulfill the current style with branded goods that they have which will give them satisfaction, great they only prioritize lifestyle to be seen by others even though there will be a future to come and must be prepared from now on.

There is nothing wrong with buying branded goods that they want for themselves but they also have to think about the future because they do not live in the present alone there is a period of time.

[RockBell]

Please be aware that there are many needs. There are even what are called daily needs such as food, long-term needs and also sudden needs. We need to fulfill all of this and we need to prepare. And indeed, even if we spend the money we earn from working for one month, our needs still cannot be fully met. And indeed, sometimes as you get older, your needs continue to increase. In this case, instead of us being busy doing nonsense so that the government can reduce the price of goods. It would be better if what we do is to continue trying and improving our skills and knowledge so we can earn more money. And it is important for us to sort out the needs that we will fulfill, so that more important needs can take priority and our expenses can also be regular.

This is really true because our needs are the things we absolutely must have in order to live, such as food, transportation, and so on, and because the standard of living is rising so quickly, it is becoming increasingly difficult to meet even these fundamental needs.
Dependence on government employment is truly not advisable because most government occupations delay or withhold employees' payments for years in addition to offering unencouraging pay.

Based on the research I have made over the years, agriculture is one occupation that will satisfy your need to a certain level which is higher than what a government salary will satisfy.
Agriculture is very expensive to start and it involves a lot of risk but the return on the investment made is worth it.

[Hamphser]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

Budgeting and planning would really be that crucial and its true that things could really be just that fine if you are really that responsible towards your spending because if you do have that principle on living according into your means that you wont really be putting up yourself into such kind of trouble.People arent really just that contented on what they do have and they do aim for more. Its not really that bad on having those kind of aims or targets in life as long you do work hard for it on achieving and not really just trying out to upgrade your lifestyle already without having that sufficient sustain from your income because it would really be bringing up that kind of disaster which you dont really like to happen because you would soon realize that you are already on deep debt and this is something that must be avoided.

Control your desires and save it for later on the time that you do see that you are already that making sufficient income neither coming from income sources or simply that means
that you could already afford then this is the time that you would be needing to consider.

[serjent05]

I do not think that the needs and desires of any human will ever be reached. It's nobodies fault but it is just how we are built as a species. We want because we are driven by our brains demand for the happy hormones which the brain was constructed to want. So we are in a way all plain junkies trying to chase a happiness high. No matter how much money we earn, save, win or spend, we will never have enough. That is why Bill Gates and Elon Musk show up at work everyday instead of lying on a beach with a cocktail in their hand.

On one hand, it makes life interested, on the other hand we are basically consuming for the sake of consuming.

I agree since human don't ever get contented, they strive for more whenever they reach their goal.  Like when one is planning to buy an expensive mobile phone, once it has been bought, that person will have another plan of buying something.  It never ends.  That is why @OP is correct when he stated that salary is never enough to meet people's desires though I believe salary can meet all the needs of a person.  Anything that is not in the list of basic needs is all luxury and desires, and that is what a person's salary can't meet at once.

[benalexis12]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

If a person is an employee and has no other family to help, he can buy the things he wants to buy that are covered based on his salary, of course. But if you are the breadwinner in a family, his salary is definitely not enough, and of course he will prioritize the things they need in their daily lives. And it's not easy to budget a salary if you all shoulder all the bills in your family.

You will lose time to prioritize the things you want to buy for yourself because you will prioritize your family, unless your salary is really big for a month. It's like, you make sure to yourself that everything you spend will go to something important.

[dothebeats]

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

If a person is an employee and has no other family to help, he can buy the things he wants to buy that are covered based on his salary, of course. But if you are the breadwinner in a family, his salary is definitely not enough, and of course he will prioritize the things they need in their daily lives. And it's not easy to budget a salary if you all shoulder all the bills in your family.

You will lose time to prioritize the things you want to buy for yourself because you will prioritize your family, unless your salary is really big for a month. It's like, you make sure to yourself that everything you spend will go to something important.

I disagree with you on this one. I know a lot of individuals who are living on their own and whose families are not financially dependent on them yet it is a far stretch to say that they are able to buy everything they want from their work salary alone. Hence, I think it is more proper to day that whatever the household financial situation is, whether an individual is spending their salary all on their self or for their family, if one doesn't budget their income properly and be smart in handling their money then such individual with never have the luxury of buying the things they want as they are busy providing for their needs.

[usekevin]

I disagree with you on this one. I know a lot of individuals who are living on their own and whose families are not financially dependent on them yet it is a far stretch to say that they are able to buy everything they want from their work salary alone. Hence, I think it is more proper to day that whatever the household financial situation is, whether an individual is spending their salary all on their self or for their family, if one doesn't budget their income properly and be smart in handling their money then such individual with never have the luxury of buying the things they want as they are busy providing for their needs.

The people who are ready to spend all their money from their salary,he will slowly satisfy their desire.Due to the family all the person was committed with the many financial struggles,the unavoidable thing of the person was their parent medical expenses at the early stages.So apart from the family expenses,he can satisfy some of their desire using their salary.But he need to plan in the way to spend both on the family and their needs,spending on one thing will affect for sure.Either his family or his self satisfaction will be affected.

[xSkylarx]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

If a person is an employee and has no other family to help, he can buy the things he wants to buy that are covered based on his salary, of course. But if you are the breadwinner in a family, his salary is definitely not enough, and of course he will prioritize the things they need in their daily lives. And it's not easy to budget a salary if you all shoulder all the bills in your family.

You will lose time to prioritize the things you want to buy for yourself because you will prioritize your family, unless your salary is really big for a month. It's like, you make sure to yourself that everything you spend will go to something important.

There are a lot of cases of people who are breadwinners and they are working so hard like they have a child to feed and I am just happy but sad at the same time for that kind of person as they need to shoulder their family on his shoulders though he is really a responsible person as he is doing it.
You will need to sacrifice things so that you can provide for yourself and your family. This is really what life is like. We need to just work hard and work smartly so that we can earn more.

[Arenga pinnata]

The people who are ready to spend all their money from their salary,he will slowly satisfy their desire.Due to the family all the person was committed with the many financial struggles,the unavoidable thing of the person was their parent medical expenses at the early stages.So apart from the family expenses,he can satisfy some of their desire using their salary.But he need to plan in the way to spend both on the family and their needs,spending on one thing will affect for sure.Either his family or his self satisfaction will be affected.

Everything will depend on how we manage our finances. Whether we can manage it well or not. Self-satisfaction or pampering yourself is also an important thing in life. To provide higher enthusiasm in working harder to make more money. But someone who is married, for example, like a father. A father even seems satisfied and happy when he can give or buy things that his child or wife wants. This can provide satisfaction in itself. In the sense that we can feel happy when we can make the people we care about happy.

[dothebeats]

The people who are ready to spend all their money from their salary,he will slowly satisfy their desire.Due to the family all the person was committed with the many financial struggles,the unavoidable thing of the person was their parent medical expenses at the early stages.So apart from the family expenses,he can satisfy some of their desire using their salary.But he need to plan in the way to spend both on the family and their needs,spending on one thing will affect for sure.Either his family or his self satisfaction will be affected.

Everything will depend on how we manage our finances. Whether we can manage it well or not. Self-satisfaction or pampering yourself is also an important thing in life. To provide higher enthusiasm in working harder to make more money. But someone who is married, for example, like a father. A father even seems satisfied and happy when he can give or buy things that his child or wife wants. This can provide satisfaction in itself. In the sense that we can feel happy when we can make the people we care about happy.

It is true that at the end of the day, it all comes down to how well we can manage our finances. No matter how many financial resources we have, if we fail to live by the means of our income then it wouldn't matter. Moreover, although you are right and I see your point regarding the drive satisifaction gives to individuals, I believe it shouldn't be a big priority, since after all being able to gain money and have financial stability brings much satisfaction to any individual already. It is best to remember that before indulging ourselves with our wants to receive satisfaction, we first should answer to our needs that will undountedbly bring much satisfaction as well.

[doomloop]

At this time most young people who work think of working only to buy the latest branded goods or follow the current association that always prioritizes style to look luxurious, few of them only think about the future to come, they work only to fulfill the current style with branded goods that they have which will give them satisfaction, great they only prioritize lifestyle to be seen by others even though there will be a future to come and must be prepared from now on.

There is nothing wrong with buying branded goods that they want for themselves but they also have to think about the future because they do not live in the present alone there is a period of time.

I personally don't find anything wrong in spending money on yourself and doing or buying what you like that you don't have as long as you can afford to do that, however, there should be a limit to that. Even if you are working at a very young age and don't have that many responsibilities like you don't have a family to feed, you don't have a wife and children, and all you need to do is take care of yourself and your own needs and wishes that you can do with your own money now.

People who have long-term thinking will surely start preparing for their future as soon as they start earning money, that doesn't mean they don't spend any of the money that they are earning but they will also keep saving or start making investments so that they can have a secure future.

[milewilda]

There is a difference between needs and wants.  In most cases, the needs should be satisfied first, and wants can be ignored.  The needs are essential for surviving while wants are just luxuries.  Depending on the capability of a person especially his wage capacity, most needs can't even be met, even basic needs are hard to meet these days due to price inflation.  So it is better to look for another source of income if we want to satisfy ourseleves and meet the extra baggage (wants) in life.

That is why you can't meet all your wants even if you use all of your salary. The more you fuel your wants the more they burn meaning if you buy a new phone because it is the latest and new to the market you will still not be satisfied after a new phone is released after a week and it will continue the cycle.

People are shaken already now because of the price of food or anything that you need to buy. That is why others tend to not easily buy their wants and they already knew that they would struggle if they prioritized their wants first. Unless you have extra money that you don't know how to spend or you are rich then for sure they are still going for their wants instead of their needs.

If we can control ourselves from our desires then the income we earn will be sufficient for us, but if we follow our desires too often then whatever income we get will certainly make us unable to save let alone invest from the salary we have. Being able to control our desires will indeed be very easy if we hear it from motivators, but to do it all depends on our own personality, we need to work hard to be able to do it. You are right that people who have a lot of wealth buy things not for their needs but because they need recognition from people that they can have it and it doesn't matter how much money they spend.

If a person is an employee and has no other family to help, he can buy the things he wants to buy that are covered based on his salary, of course. But if you are the breadwinner in a family, his salary is definitely not enough, and of course he will prioritize the things they need in their daily lives. And it's not easy to budget a salary if you all shoulder all the bills in your family.

You will lose time to prioritize the things you want to buy for yourself because you will prioritize your family, unless your salary is really big for a month. It's like, you make sure to yourself that everything you spend will go to something important.

There are a lot of cases of people who are breadwinners and they are working so hard like they have a child to feed and I am just happy but sad at the same time for that kind of person as they need to shoulder their family on his shoulders though he is really a responsible person as he is doing it.
You will need to sacrifice things so that you can provide for yourself and your family. This is really what life is like. We need to just work hard and work smartly so that we can earn more.

Each of us does have  that different situations and struggles in lfie on which it would really be just that so common that we would really be that needing to be smart if we do speak about on handling our finances and on
how to make ourselves more better in terms of progress and sustainability. Being a breadwinner is never been that simple and something that you would really be that needing to sacrifice something just to provide anything for your family. I did really come into a point on which becoming a breadwinner into my own family on which you would really be carrying up the responsibility on your shoulder on which it is really that heavy.
Its not simple but life must go on because if you do surrender then for sure lots would be affected specially your family, its really a heavy responsibility that you do have on your shoulder but you dont really have no choice
but to go along with the challenges in life. Dont give up and make yourself that wise on every decisions that you would be making.

[Bitcoin_people]

You have brought up a great fact, nowadays people try to do more than what they have. When a person has wealth he thinks about how to increase it, always looking to improve his plans. For example if you have 1 bitcoin you will definitely try to buy 2 bitcoins later, so I think people's needs are never met. Everyone wants to do something good in the future and what he plans today tries to make his plans successful tomorrow. So when a person spends his savings he definitely tries to use that money to buy something good in the future so that he can move forward.

[Arenga pinnata]

Everything will depend on how we manage our finances. Whether we can manage it well or not. Self-satisfaction or pampering yourself is also an important thing in life. To provide higher enthusiasm in working harder to make more money. But someone who is married, for example, like a father. A father even seems satisfied and happy when he can give or buy things that his child or wife wants. This can provide satisfaction in itself. In the sense that we can feel happy when we can make the people we care about happy.

It is true that at the end of the day, it all comes down to how well we can manage our finances. No matter how many financial resources we have, if we fail to live by the means of our income then it wouldn't matter. Moreover, although you are right and I see your point regarding the drive satisifaction gives to individuals, I believe it shouldn't be a big priority, since after all being able to gain money and have financial stability brings much satisfaction to any individual already. It is best to remember that before indulging ourselves with our wants to receive satisfaction, we first should answer to our needs that will undountedbly bring much satisfaction as well.

You are right, what we have to remember and do is fulfill our basic needs first before thinking about fulfilling our other desires. And actually, when we are able to fulfill our needs and those of our families, there is satisfaction in itself. In fact, we should be proud of ourselves because we are able to provide for our families. Sometimes if we think simply then life becomes easier. And getting happiness becomes easier. Sometimes happiness will come to us. It's just that we block it with our ego which always wants things we don't have and we forget to be grateful for what we do have.

[slapper]

`

Each of us does have  that different situations and struggles in lfie on which it would really be just that so common that we would really be that needing to be smart if we do speak about on handling our finances and on
how to make ourselves more better in terms of progress and sustainability. Being a breadwinner is never been that simple and something that you would really be that needing to sacrifice something just to provide anything for your family. I did really come into a point on which becoming a breadwinner into my own family on which you would really be carrying up the responsibility on your shoulder on which it is really that heavy.
Its not simple but life must go on because if you do surrender then for sure lots would be affected specially your family, its really a heavy responsibility that you do have on your shoulder but you dont really have no choice
but to go along with the challenges in life. Dont give up and make yourself that wise on every decisions that you would be making.

You're suggesting being the major revenue source is really responsible? Yes, indeed. Managing your family's finances is difficult. Modern finance can be intimidating due of its rapid change. Many people think they dont have enough, but they do. Needs and wants differ greatly. Clear money management is highly crucial. It can improve tool use. Though money is vital, family love is what matters most. Keep going and trust your decision-making skills. This will be easier with your excellent strength.

[EluguHcman]

The unpredictability of tomorrow(s) should always stand a threat as to indict to of poverty should be enough reasons to invest and fight against the challenge (poverty) else time come where there would be inability to chase them no more.
Problems are a requirement to solution is a daily routine to mankind unless one has sold its potentials to carelessness but yet its percussion awaits at its time of old age(tirement) where there would not be chances to even get the least you settles for during your ability period of chances to invest as a goal to makr better future instead of saying retirement has got you settled for betterment of today.
Needs that calls for solutions never seizes it you don't have one, of course responsibilities are there gazing at you but you must be concious that if you can have all your time life savings to chase them all away, how about other times? And others responsibilities yet to be attended?

Imagine your staggering ability to fit on to afford 3 square meals on daily bases but yet you dedicate to be sure of the 3 square meals daily without considering tomorrow has its stomach feeds(hunger)  definitely you can't keep continue to afford the 3 square meals on daily bases due to your financial staggering. At this time if you had economized to minimize your other 3 square meals on the other daily basis, you wouldn't look for what to eat at other days that you can't even afford 1 square meals anymore.

[DabsPoorVersion]

Everything will depend on how we manage our finances. Whether we can manage it well or not. Self-satisfaction or pampering yourself is also an important thing in life. To provide higher enthusiasm in working harder to make more money. But someone who is married, for example, like a father. A father even seems satisfied and happy when he can give or buy things that his child or wife wants. This can provide satisfaction in itself. In the sense that we can feel happy when we can make the people we care about happy.

It is true that at the end of the day, it all comes down to how well we can manage our finances. No matter how many financial resources we have, if we fail to live by the means of our income then it wouldn't matter. Moreover, although you are right and I see your point regarding the drive satisifaction gives to individuals, I believe it shouldn't be a big priority, since after all being able to gain money and have financial stability brings much satisfaction to any individual already. It is best to remember that before indulging ourselves with our wants to receive satisfaction, we first should answer to our needs that will undountedbly bring much satisfaction as well.

You are right, what we have to remember and do is fulfill our basic needs first before thinking about fulfilling our other desires. And actually, when we are able to fulfill our needs and those of our families, there is satisfaction in itself. In fact, we should be proud of ourselves because we are able to provide for our families. Sometimes if we think simply then life becomes easier. And getting happiness becomes easier. Sometimes happiness will come to us. It's just that we block it with our ego which always wants things we don't have and we forget to be grateful for what we do have.

That's right. Our priority first before anything else. It would only bring you a huge problem if you prioritize your wants over your needs. Like having difficulty on your budget, and you will not be able to pay your other expenses which might lead to having debts. There are always the right time for our wants, we just have to be patient and focus on our goals in life. The better life will surely come and you will be able to buy your desire and your needs at the same time.

[Arenga pinnata]

Everything will depend on how we manage our finances. Whether we can manage it well or not. Self-satisfaction or pampering yourself is also an important thing in life. To provide higher enthusiasm in working harder to make more money. But someone who is married, for example, like a father. A father even seems satisfied and happy when he can give or buy things that his child or wife wants. This can provide satisfaction in itself. In the sense that we can feel happy when we can make the people we care about happy.

It is true that at the end of the day, it all comes down to how well we can manage our finances. No matter how many financial resources we have, if we fail to live by the means of our income then it wouldn't matter. Moreover, although you are right and I see your point regarding the drive satisifaction gives to individuals, I believe it shouldn't be a big priority, since after all being able to gain money and have financial stability brings much satisfaction to any individual already. It is best to remember that before indulging ourselves with our wants to receive satisfaction, we first should answer to our needs that will undountedbly bring much satisfaction as well.

You are right, what we have to remember and do is fulfill our basic needs first before thinking about fulfilling our other desires. And actually, when we are able to fulfill our needs and those of our families, there is satisfaction in itself. In fact, we should be proud of ourselves because we are able to provide for our families. Sometimes if we think simply then life becomes easier. And getting happiness becomes easier. Sometimes happiness will come to us. It's just that we block it with our ego which always wants things we don't have and we forget to be grateful for what we do have.

That's right. Our priority first before anything else. It would only bring you a huge problem if you prioritize your wants over your needs. Like having difficulty on your budget, and you will not be able to pay your other expenses which might lead to having debts. There are always the right time for our wants, we just have to be patient and focus on our goals in life. The better life will surely come and you will be able to buy your desire and your needs at the same time.

So true. We really need to be patient and be able to restrain ourselves from prioritizing unimportant desires and prioritizing more important ones. Even in financial management, patience is needed. Namely so that we don't get out of the financial planning that we made from the start. Because if we are not patient in carrying out good financial management then we will never succeed in improving our own economy. Patience and discipline are two things that cannot be separated in financial management. Because it takes hard work (patience and discipline) to be able to do everything well.

[HajiBagi]

It is better that we don't think of only today but we should also think about tomorrow, because when you invest for tomorrow, it will help you secure your future and make you live a better life, this is the reason why investing in bitcoin is very important. Using all the funds that you have today without investing it shows how shallow your financial mentality is because what has been spent can't be retrieved. This is why as long as you are earning, you should try and invest some fraction into bitcoin so that you don't misuse that money for irrelevant or unnnecessary things that will depreciate with time.

No matter how hard you try to solve a problem, it will never be solved. Sometimes we have to remember this because without death, we can never be satisfied in life, which is why we typically observe even our elders who have made millions of dollars continuing to pursue money. Money has a spirit that we can never be satisfied with, which is why it differs from everything else that has been created in the world. Investing your money is one of the best things someone should do when they have money, as investing is made of future earnings. What I'm trying to say is that investing is a thing that we do to have a good life in the future, even if we are no longer here, our family will benefit from it.

Additionally, investing is not for those with weak minds, as some people, despite having millions of dollars in their bank accounts, have no interest in doing so. They argue that it would be better to keep their money in their bank account rather than risk it on an uncertain investment. Similarly, some of us have money but have no interest in investing it in a way that will increase the value of our current holdings. My recommendation to everyone who has money and isn't facing many or serious financial issues is to invest it in bitcoin. However, during the process, I still urge everyone to refrain from investing all of their money because you never know what circumstances you'll encounter or whether you'll run into trouble occasionally.

[Juse14]

A person's needs are not limited, human needs will continue to exist because as time progresses and unsupportive environmental factors will make us even more deficient in everything, that's why the nature of human needs will never be answered, the problem is that our needs and desires are often sacrificed. Our salary is to meet everyone's living needs.
Believe it or not, how many people collect their salary just to meet their needs? so many, right? Yes, it is a fact that many people spend a month working and after getting their salary they buy the necessities for their lives. This step continues to be done every month, some even do it their whole life.

[Fortify]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

You're right in many respects, like locusts - humanity will consume all available resources and expend them if given the opportunity. Greed is a powerful motivator in human nature and is endless unless it is contained by laws or governments. However there are people who do find an equilibrium where your headline statement might not apply. Some people are happy with what they've got and achieved in life, not wanting for anything extra, but they will be quite rare. The super rich are also generally in a position where all their needs are met, but they don't have a salary like regular people. The main point is, try not to go into debt and live within your means to get that extra bit of happiness out of life.

[dothebeats]

A person's needs are not limited, human needs will continue to exist because as time progresses and unsupportive environmental factors will make us even more deficient in everything, that's why the nature of human needs will never be answered, the problem is that our needs and desires are often sacrificed. Our salary is to meet everyone's living needs.
Believe it or not, how many people collect their salary just to meet their needs? so many, right? Yes, it is a fact that many people spend a month working and after getting their salary they buy the necessities for their lives. This step continues to be done every month, some even do it their whole life.

This is true. It is a continuous process that we will never grow out of. We will always find other things we'll realize we need and we will work just for it. And you are right, we often sacrifice our needs and desires because of the lack of resources we have due to lack of money.

[flyingcarpet]

A person's needs are not limited, human needs will continue to exist because as time progresses and unsupportive environmental factors will make us even more deficient in everything, that's why the nature of human needs will never be answered, the problem is that our needs and desires are often sacrificed. Our salary is to meet everyone's living needs.
Believe it or not, how many people collect their salary just to meet their needs? so many, right? Yes, it is a fact that many people spend a month working and after getting their salary they buy the necessities for their lives. This step continues to be done every month, some even do it their whole life.

This is true. It is a continuous process that we will never grow out of. We will always find other things we'll realize we need and we will work just for it. And you are right, we often sacrifice our needs and desires because of the lack of resources we have due to lack of money.

We can see and learn different things every day. The world may present us with different things every day. This being the case, it is very natural that we need something different. As we grow and learn, our needs also change. When our needs change, the things we want to buy or achieve also change.

I think this process is a law of nature and people adapt to this situation. In fact, this is a situation that develops spontaneously.

As you said, many people receive their salary just to meet their needs. There are also many people who give up and sacrifice their other needs because they cannot achieve what they want.

[slapper]

It is better that we don't think of only today but we should also think about tomorrow, because when you invest for tomorrow, it will help you secure your future and make you live a better life, this is the reason why investing in bitcoin is very important. Using all the funds that you have today without investing it shows how shallow your financial mentality is because what has been spent can't be retrieved. This is why as long as you are earning, you should try and invest some fraction into bitcoin so that you don't misuse that money for irrelevant or unnnecessary things that will depreciate with time.

No matter how hard you try to solve a problem, it will never be solved. Sometimes we have to remember this because without death, we can never be satisfied in life, which is why we typically observe even our elders who have made millions of dollars continuing to pursue money. Money has a spirit that we can never be satisfied with, which is why it differs from everything else that has been created in the world. Investing your money is one of the best things someone should do when they have money, as investing is made of future earnings. What I'm trying to say is that investing is a thing that we do to have a good life in the future, even if we are no longer here, our family will benefit from it.

Additionally, investing is not for those with weak minds, as some people, despite having millions of dollars in their bank accounts, have no interest in doing so. They argue that it would be better to keep their money in their bank account rather than risk it on an uncertain investment. Similarly, some of us have money but have no interest in investing it in a way that will increase the value of our current holdings. My recommendation to everyone who has money and isn't facing many or serious financial issues is to invest it in bitcoin. However, during the process, I still urge everyone to refrain from investing all of their money because you never know what circumstances you'll encounter or whether you'll run into trouble occasionally.

Money's endless appeal. It's an old story, right? People chase money, more money, and even more money. To what end? Money or what it represents? Power? Prestige? Security?

You appear set on investing, especially in Bitcoin. Bitcoin, Bitcoin, Bitcoin. The decade's buzzword.  Bitcoin: the golden goose or another bubble? Are folks who don't invest and retain their money in banks foolish? Or are they the only ones seeing the larger picture?  I doubt that, though

Investing is like gambling. Some win, some lose. But at the end of the day, isn't the real question: What are we truly seeking?

[AicecreaME]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

[dothebeats]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

Such an example you stated only proves how important it is for us to know what to prioritize in life and how to balance our wants and needs. Although we cannot blame those individuals who choose to spend their well-earned money to enjoy life and live in the moment by going to clubs, parties, easy-go-lucky activities, and excessive shopping, we can surely learn from them by knowing the positive and negative effects of their chosen lifestyle and scaling which one is predominant. I've seen and known people who are able to enjoy those listed things while ensuring that they are able to maintain their savings, have emergency funds, and even invest.

[Joshapat]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

[Biznesmen]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Here you mentioned needs, which means expenses or spending. There are two types of expenses, short-term and long-term. We can't escape from this, but we can avoid some expenses. That's where investment plays its role. Everyone knows how investment helps people to worry less about their future. As a Bitcoin investor, you can give suggestions on where to invest, but the ultimate choice is theirs, and we have nothing to do with that. People who are not investing in crypto currencies have their own reasons, maybe a lack of trust. But through this thread, you're doing a great job by sharing your experience, and through this, you're giving a good reason to invest in crypto currencies.

[Baki202]

There are still many people who don't understand which needs are priority needs and which are non-priority needs, for example my little sister, she and her friends are already talking about buying an iPhone 15 when it comes out, honestly when i heard this i just shook my head, often people buy non-priority things just because they want to be recognized in their social circle even though if they are good friends, they definitely don't look at their friends based on the luxury items they own.  it doesn't matter if everyone wants to buy the things they really dream of, but the things that people must prioritize are savings, investment and also a stable income.

It's time for people to start distinguishing between needs and wants. A lot of decisions are made under the influence of peer pressure. For example, imagine that your sister prioritized buying the iPhone 15 even though it had already been released, rather than thinking about how to invest such a large sum of money. She should have received proper orientation about all of these issues before she received the money and made the purchase. They want to be seen as wealthy because of their stuff, which aren't even valuable for ratings, because we have a habit of buying things we don't need. Compared to owning properties and numerous other things. In life you just have to decide what you want luxury or investment.

[Captain Corporate]

This was one of those days for me as well. It was one of the days where we need to arrange something that fixes these issues, this is why we need to arrange anything that would not be reasonable. Should we arrange something that forces our finances that would not make anything tha could force our hand. This is why we need to not have less of the days I had today where I overpaid for something and that caused some issues. In the end we cant really sustain this life forever, it just doesnt mean that we cant spend at all, it just means that we need to spend within our means, if we can keep doing that and not go into too much in trouble then we can do a lot better. Hopefully I will do better than this, and not really change anything that will do put myself risk it, it feels fine in the end because I will find a way to make it better eventually.

[Arenga pinnata]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

And human desires actually always increase to something higher, more expensive, more difficult or rarer. For example, when we have the desire to buy object A, after we have object A, we will have another desire, namely wanting to have a better object, namely object B. And so on without limit.

So in this case we really have to be wise individuals in spending money. We must be able to differentiate between what we need and what we don't need. Which ones should be a priority and which ones should not be a priority?

But if we are used to buying every thing we want without considering whether it is really needed or not. So it is not easy to change our habits. It takes time and perseverance and good financial management so that we can escape from our previous bad habits in managing finances.

[slapper]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

And human desires actually always increase to something higher, more expensive, more difficult or rarer. For example, when we have the desire to buy object A, after we have object A, we will have another desire, namely wanting to have a better object, namely object B. And so on without limit.

So in this case we really have to be wise individuals in spending money. We must be able to differentiate between what we need and what we don't need. Which ones should be a priority and which ones should not be a priority?

But if we are used to buying every thing we want without considering whether it is really needed or not. So it is not easy to change our habits. It takes time and perseverance and good financial management so that we can escape from our previous bad habits in managing finances.

Isn't it wonderful how desires change? As you said, after we obtain object A, we focus on object B. The circle never ends, right? In bitcoin and the current economy, this is even more true. Think about it: many sought bitcoin early on. Since its value has surged, people want more of it or to diversify into other cryptocurrencies. Spending wisely is important in the volatile world of cryptocurrencies. Do we need or want bitcoin investments? Which comes first? Short-term gain or long-term investment? We must ask ourselves these

But habits... they're hard to break, right? Changing our compulsive buying habits is difficult. It takes time, patience, and financial management knowledge. Isn't financial stability worth it? Yes, definitely

[Jemzx00]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

I know someone who do these things but in moderation and still have funds for their savings. When I ask him about it, he informed me that it's also some kind of investment as well but for his mental health. Going through clubs, going out and partying with his friends every now and then relieves stress that he gets from his work and side hustle.

As long as you can stick with the budget allotted for your needs, savings, wants, and even emergency funds, then there shouldn't be any worry. I also, don't think that saving isn't what everyone should just be doing with their earnings as you must have time to enjoy what you earn while securing your future.

[poodle63]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

I know someone who do these things but in moderation and still have funds for their savings. When I ask him about it, he informed me that it's also some kind of investment as well but for his mental health. Going through clubs, going out and partying with his friends every now and then relieves stress that he gets from his work and side hustle.

As long as you can stick with the budget allotted for your needs, savings, wants, and even emergency funds, then there shouldn't be any worry. I also, don't think that saving isn't what everyone should just be doing with their earnings as you must have time to enjoy what you earn while securing your future.

true, you can be enjoying your life and still saving, thats what money management is.
you doesn't need to live miserably getting scuffed allocation of your money for yourselves when you're saving, as long as you have sufficient earning managing is easy.
though keeping the urge is not as easy. after all, sometime you have the urge to buy luxury cars sometime. thats usually what drains your savings.
but if its just saving for the future, like for retirement for example, its easy, but how one can be sure they could ever reach the age of retirement? i think its also better to enjoy the money you hard earned right now, living at the moment.

[Asuspawer09]

I started to listen to a lot of financial podcasts and It did help me a lot in my finances, It is pretty common to see even though we have a good-paying job but still it isn't enough ever we do about it it feels like we need a higher salary or needed a raise. Time that you have a lower salary you could easily budget that money but now that you have a higher salary it just isn't enough anymore, just because we just tend to let our lifestyle increase as well so that budget increases as well when our salary increases. There was just no limits to our desires and wants, if you already buy something for sure you're gonna want something again, so you just gonna need to balance your want, and always take note of your expenses and budget.

The thing to do here is just dont buy anything that you can't really afford, if you have a salary of 10k$ then dont buy something that is half of that something like that or more that than, if you buy something that is half of that there is some room for you to recover since next month you're going to earn it, but if you're going to buy something that is more than that your life is just going to be difficult. If you really want to buy something budget your salary you that you already have a limit on what you can spend in a month and if you want to increase that find other sources of income.

One of the things that I do to easily invest is I invest probably 40-50% of my income, yes it's a big percentage because why not?

[lixer]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

That's not what everyone does, it's just some people that spend everything they earn and don't keep anything for the future or make any investments to make their and their family's future secure, or maybe they don't have a family to think of and that is the reason why they are free of all sorts of tensions about the future and everything. However, one should still at least have some savings or make some investments for their future because it doesn't take much time for things to escalate.

I don't consider enjoying life a bad thing, and I also believe that one should live to the fullest if one can afford to do so, but that doesn't mean that one should forget about the future, what if they don't earn that much in the coming months and then need some money? They will be in a lot of trouble if they haven't saved anything by that time.

[slapper]

I started to listen to a lot of financial podcasts and It did help me a lot in my finances, It is pretty common to see even though we have a good-paying job but still it isn't enough ever we do about it it feels like we need a higher salary or needed a raise. Time that you have a lower salary you could easily budget that money but now that you have a higher salary it just isn't enough anymore, just because we just tend to let our lifestyle increase as well so that budget increases as well when our salary increases. There was just no limits to our desires and wants, if you already buy something for sure you're gonna want something again, so you just gonna need to balance your want, and always take note of your expenses and budget.

The thing to do here is just dont buy anything that you can't really afford, if you have a salary of 10k$ then dont buy something that is half of that something like that or more that than, if you buy something that is half of that there is some room for you to recover since next month you're going to earn it, but if you're going to buy something that is more than that your life is just going to be difficult. If you really want to buy something budget your salary you that you already have a limit on what you can spend in a month and if you want to increase that find other sources of income.

One of the things that I do to easily invest is I invest probably 40-50% of my income, yes it's a big percentage because why not?

One of the best ways to become financially literate is to listen to financial podcasts. Indeed, isn't it true? Sometimes, even with a well-paying job, it seems insufficient. We spend more money than we make. Really, isn't it a cycle? Our lives and expenses grow along with our salaries. Many people frequently fall into this trap

It's a great idea that you don't buy things that you can't afford. Spending half or more of your $10k salary on a single item can put a burden on your finances. The key is to budget. It is the basis for stable finances. Investing 40–50% of your earnings as well? That is admirable. Yes, that's a risky approach, but why not give it a shot if it works? Making our money work for us is the ultimate goal, after all. Is our money controlling us, or are we controlling it? is the true question

[Arenga pinnata]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

And human desires actually always increase to something higher, more expensive, more difficult or rarer. For example, when we have the desire to buy object A, after we have object A, we will have another desire, namely wanting to have a better object, namely object B. And so on without limit.

So in this case we really have to be wise individuals in spending money. We must be able to differentiate between what we need and what we don't need. Which ones should be a priority and which ones should not be a priority?

But if we are used to buying every thing we want without considering whether it is really needed or not. So it is not easy to change our habits. It takes time and perseverance and good financial management so that we can escape from our previous bad habits in managing finances.

Isn't it wonderful how desires change? As you said, after we obtain object A, we focus on object B. The circle never ends, right? In bitcoin and the current economy, this is even more true. Think about it: many sought bitcoin early on. Since its value has surged, people want more of it or to diversify into other cryptocurrencies. Spending wisely is important in the volatile world of cryptocurrencies. Do we need or want bitcoin investments? Which comes first? Short-term gain or long-term investment? We must ask ourselves these

But habits... they're hard to break, right? Changing our compulsive buying habits is difficult. It takes time, patience, and financial management knowledge. Isn't financial stability worth it? Yes, definitely

So true. Sometimes human desires that keep appearing from one thing to another can also be a positive thing if they are directed in a good area. That is, like humans who previously created new coal-fired trains, then they wanted trains that were faster and without having to use coal and the current train was created. Because this desire is used to become an innovation in creating new things that can help advance technology and help make life more practical and/or easier.

But the desire to shop or the desire to follow trends without looking at the benefits that will be obtained is of course a desire that must be controlled. Unless we use this desire as motivation to make us work harder and make more money.

Likewise in the concept of a strong desire to have more bitcoins. And this must be controlled with good money management so that we don't fall into impulsive actions. Well, we can collect bitcoins slowly during a downturn or with just cold hard cash. But controlling these emotions or desires is not easy. especially in managing finances. But if we succeed in controlling ourselves then we will be able to rise to a better financial level.

[dothebeats]

I started to listen to a lot of financial podcasts and It did help me a lot in my finances, It is pretty common to see even though we have a good-paying job but still it isn't enough ever we do about it it feels like we need a higher salary or needed a raise. Time that you have a lower salary you could easily budget that money but now that you have a higher salary it just isn't enough anymore, just because we just tend to let our lifestyle increase as well so that budget increases as well when our salary increases. There was just no limits to our desires and wants, if you already buy something for sure you're gonna want something again, so you just gonna need to balance your want, and always take note of your expenses and budget.

The thing to do here is just dont buy anything that you can't really afford, if you have a salary of 10k$ then dont buy something that is half of that something like that or more that than, if you buy something that is half of that there is some room for you to recover since next month you're going to earn it, but if you're going to buy something that is more than that your life is just going to be difficult. If you really want to buy something budget your salary you that you already have a limit on what you can spend in a month and if you want to increase that find other sources of income.

One of the things that I do to easily invest is I invest probably 40-50% of my income, yes it's a big percentage because why not?

One of the best ways to become financially literate is to listen to financial podcasts. Indeed, isn't it true? Sometimes, even with a well-paying job, it seems insufficient. We spend more money than we make. Really, isn't it a cycle? Our lives and expenses grow along with our salaries. Many people frequently fall into this trap

It's a great idea that you don't buy things that you can't afford. Spending half or more of your $10k salary on a single item can put a burden on your finances. The key is to budget. It is the basis for stable finances. Investing 40–50% of your earnings as well? That is admirable. Yes, that's a risky approach, but why not give it a shot if it works? Making our money work for us is the ultimate goal, after all. Is our money controlling us, or are we controlling it? is the true question

First off, I agree with you. Listening to financial podcasts and just generally podcasts about lifestyle helps a lot. I used to think that I'd just be wasting my time listening to random people talk about things I probably already know or am aware of. However, these past few months I decided to give it a shot after randomly seeing a podcast ad on social media that was talking about financial literacy and the importance of budgeting. Glad to say that I've been learning a lot and have gained knowledge about various things I can apply and improve towards my financial decisions.

Secondly, I agree with you, that's the main question we all should be asking ourselves no matter how big or small our income is. Perhaps by answering that question, we will be able to have a clearer mind as to what changes we should do and what things we should start adopting to our financial system.

[ajiz138]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

Such a person has no plans for his future and he only enjoys the moment when he receives money from whatever it is including parental gifts because he thinks he is rich easier to get even without working, but this will lead to regret later.

This person will be happy at the beginning will be tragic at the end because they do not prepare anything for an emergency fund let alone prioritize investment, it is clear that they will not think about it, this is only some people who do not care, maybe because of the lack of financial advice from those closest to them.

Not all rich people are the same, they will definitely think about the future if they have long-term thoughts and plans during their lifetime and now prioritize their investments.

[shinratensei_]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

Such a person has no plans for his future and he only enjoys the moment when he receives money from whatever it is including parental gifts because he thinks he is rich easier to get even without working, but this will lead to regret later.

This person will be happy at the beginning will be tragic at the end because they do not prepare anything for an emergency fund let alone prioritize investment, it is clear that they will not think about it, this is only some people who do not care, maybe because of the lack of financial advice from those closest to them.

Not all rich people are the same, they will definitely think about the future if they have long-term thoughts and plans during their lifetime and now prioritize their investments.

usually the well established rich person are always already planning for future financial.
its those descendants of the rich that usually waste a lot of money if not getting proper education, thats why financial education better suited for those that already rich.
after all managing money also requires as much effort as to gain it though it can still be argued, at the end of the day, its essential to know how to keep money from vanishing.
therefore if someone really eager to become rich at least having some dollars in their banks, should know to differentiate between real needs and desire.

[dothebeats]

Most of the well earners that are still enjoying their adulthood don't still prioritize investment because they prefer to clubbing, drinking with friends, partying, and other easy go lucky activities, because they are thinking that they only live once, and they can afford it, they can earn it again.

They don't care about their future, the backfire of their activities that don't secure themselves in the future, no savings, no emergency funds, just flexing their salary through social medias and by treating their friends every single time.

Such a person has no plans for his future and he only enjoys the moment when he receives money from whatever it is including parental gifts because he thinks he is rich easier to get even without working, but this will lead to regret later.

This person will be happy at the beginning will be tragic at the end because they do not prepare anything for an emergency fund let alone prioritize investment, it is clear that they will not think about it, this is only some people who do not care, maybe because of the lack of financial advice from those closest to them.

Not all rich people are the same, they will definitely think about the future if they have long-term thoughts and plans during their lifetime and now prioritize their investments.

I'm not sure if any of you are familiar with the term "one day millionaire", but for those who don't know what that means it basically refers to an individual or people who spends whatever money they have or earn for a single day or a short period of time. They are basically those who just spends and spends until nothing more is left, and are slave to their desires. These type of people are the ones who often regrets their decisions and actions after some time, once they finally realized just what they wasted.

Shocking part is these people can either be rich individuals or those who are just average earners.

[romero121]

As eloborated in the opening post, it is true that the needs of people won't come to an end. It is our responsibility to plan wise and allocate good money for savings. Miscellaneous spending happens and those are unavoidable, at times people spend money because they don't know what to do. Such situations needs to be avoided. To understand this situation, one need to spend on analysing whether it is must needed one.

Personally I used to have long term plans and if the earning turns good then I'll spend on it. This helps in achieving the materialistic needs fulfilled earlier. This is possible only through proper planning where we need to be clear on the allocation for our needs and for investment.

[iamsange]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

That is a huge amount of income and I think only an ungrateful human being would say that amount is still small. Because if someone with an income of that size still says that it is not enough to make their wishes come true, this shows that that person is someone who is very greedy with money so he is never grateful for what he has got.

Because other people won't even be able to earn that much money in a year or more, so only greedy people will say that that much money is not enough even though you say that every human being's desires are very diverse. But I think with that amount of money it wouldn't be possible to say it wasn't enough unless someone continued to want to make a spaceship which would cost a lot. So gratitude is the final key for every human being who has achieved anything through his efforts and patience so far.

[BigBos]

As eloborated in the opening post, it is true that the needs of people won't come to an end. It is our responsibility to plan wise and allocate good money for savings. Miscellaneous spending happens and those are unavoidable, at times people spend money because they don't know what to do. Such situations needs to be avoided. To understand this situation, one need to spend on analysing whether it is must needed one.

Personally I used to have long term plans and if the earning turns good then I'll spend on it. This helps in achieving the materialistic needs fulfilled earlier. This is possible only through proper planning where we need to be clear on the allocation for our needs and for investment.

Yes, I agree with that, even if your salary is very likely your basic needs can only be covered a little, but this is different from the lifestyle where most people prioritize their lifestyle over their basic needs, many people prioritize their lifestyle to follow current trends with goods. , fashion, luxury gadgets that people buy to look cool in the eyes of other people, so people will think that people who own branded goods are cool people, nowadays people are competing with a luxurious lifestyle no matter how If they can afford an expensive lifestyle, they will fulfill it without thinking about other things that they certainly need for themselves.

Maybe basic needs are not prioritized because they prioritize lifestyle with the thought "oh this can be done later, but branded goods are limited". Also, some people can set aside or prioritize saving when it's time for their salary, they prioritize saving for the future, they can appear without prioritizing a luxurious lifestyle because they know there will be a time when they will have their own family to prepare for.

[DVlog]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

[WatChe]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

That's very true. Ask CEO of a Bank who has salary in millions of USD and he will say he is finding it difficult to live in this salary. Same statement will be given by an average Bank employee. The more you get the more you spend and I think there is nothing wrong in spending money on yourself as long as you are spending within limits.

The main reason why salary person lives financially stressed life is because salary is always proportional to inflation rate. Therefore no more how much increase you get over the period of time your financial conditions remain almost the same.

[ajiz138]

--cut--

usually the well established rich person are always already planning for future financial.
its those descendants of the rich that usually waste a lot of money if not getting proper education, thats why financial education better suited for those that already rich.
after all managing money also requires as much effort as to gain it though it can still be argued, at the end of the day, its essential to know how to keep money from vanishing.
therefore if someone really eager to become rich at least having some dollars in their banks, should know to differentiate between real needs and desire.

Yes, they are taught to manage their finances well, especially when they are well established, it is clear that their parents will supervise them.
For those with descendants of people like us, education can be more important, especially majoring in business and financial education because this is important for them so that they not only come from rich people but they can also make good use of what they have.
It's actually not easy to manage this money, it requires discipline with correct management procedures, but partly because of what you inherited from your parents, for example, sometimes those who can maintain some also can't survive and spend more money that is not important.
It depends on the child's habits, sometimes a lack of education makes them a little lost in managing money.

[Lorence.xD]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

That's very true. Ask CEO of a Bank who has salary in millions of USD and he will say he is finding it difficult to live in this salary. Same statement will be given by an average Bank employee. The more you get the more you spend and I think there is nothing wrong in spending money on yourself as long as you are spending within limits.

The main reason why salary person lives financially stressed life is because salary is always proportional to inflation rate. Therefore no more how much increase you get over the period of time your financial conditions remain almost the same.

For sure as a CEO having huge amount of salary would be equivalent to number of workloads and stress he is dealing. It's literally the nature of human to find something or having a goal to achieve to keep continue on living, cause it would be hard to doesn't have a purpose on life, so enjoying and spending your money on things you like is actually good as well. Just know when you can budget your money into your needs and to your desires cause for sure if you focus on one, you will have to sacrifice one of the both.

Well, having a big income would also count on having a big taxes as well, plus you said the inflation rate affecting his salary so anyone would also feel the same to desire something like being financially free. But I think if you're already a millionaire and can't settle for retirement, I guess it's more on greed already.

[Fara Chan]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

I also think like that because from some of the humans I see around me right now it is absolutely certain that what destroyed them was their own greed. Not another characteristic so it can be concluded that greed is the key to destroying all the dreams desired by every living human being, because when a person cannot control his emotions and the income he has earned, that is when he will continue to make mistakes so that whatever he gets is not there will be enough for him.

[Ever-young]

You are indeed right, our needs and desire are always not enough and we can’t settle them all, even the richest person I believe they don’t settle all their needs all at once that’s why we just need to settle the ones. The more life goes the more you will run into new needs and new desire, those ones which we really need are the ones we need to settle first and wait for what comes next in the future.

If we try to solve and get all our needs settle all at ones we will never be able to save anything for our self from our salary and at the end of the day we might be getting into debt which we can’t point out what we did with the debt we took why we take salary every month. It’s good you have been able to point this out in details.

[Bushdark]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

The problem is that we can't get everything that we intend to get since we might not have all it takes to get those things.
Everybody is facing there own challenges and there is not way we can focus our mindset on something else easily without looking for way to make sure that we find solution to what is our biggest priority. There are people that have the money and there priority is not to hustle like someone that is looking for job again so everyone has what's bothering them and they are all different. Since we can't meet a our needs we need to work on the ones we can achieve.

[uswa56]

Human desires are of course very diverse and we will not be satisfied if we only spend our salary. If we had an income of $1 billion per year, we might spend it and we would not be able to fulfill all our desires, so the $1 billion is gone and many of our desires have not been achieved.

That is a huge amount of income and I think only an ungrateful human being would say that amount is still small. Because if someone with an income of that size still says that it is not enough to make their wishes come true, this shows that that person is someone who is very greedy with money so he is never grateful for what he has got.

Because other people won't even be able to earn that much money in a year or more, so only greedy people will say that that much money is not enough even though you say that every human being's desires are very diverse. But I think with that amount of money it wouldn't be possible to say it wasn't enough unless someone continued to want to make a spaceship which would cost a lot. So gratitude is the final key for every human being who has achieved anything through his efforts and patience so far.

It's true that everyone's desires will be different, but they also have to be realistic and if someone still says they don't have enough to fulfill their desires if their income is $1 billion per year then that person is really very greedy, in fact I never thought before that there were people like that in this world.
In fact, someone's desire arises or this desire arises, of course, with the financial conditions we have, that is what is called a desire because it is realistic to achieve even though it is difficult, while desires that are quite high are categorized as dreams, things that are impossible to achieve under current conditions That,

[bestcoins1]

The problem is that we can't get everything that we intend to get since we might not have all it takes to get those things.
Everybody is facing there own challenges and there is not way we can focus our mindset on something else easily without looking for way to make sure that we find solution to what is our biggest priority. There are people that have the money and there priority is not to hustle like someone that is looking for job again so everyone has what's bothering them and they are all different. Since we can't meet a our needs we need to work on the ones we can achieve.

In essence, everyone will continue to look for ways to solve the problems they are facing so that everyone can continue to fulfill their own needs without any interference. We can see from everyone who works that each person definitely has their own priorities in achieving what they want because without trying to achieve something they want, everyone will not get any development or anything in their life. This is based on everything that will not come by itself without effort through hard work.

[doomloop]

I'm not sure if any of you are familiar with the term "one day millionaire", but for those who don't know what that means it basically refers to an individual or people who spends whatever money they have or earn for a single day or a short period of time. They are basically those who just spends and spends until nothing more is left, and are slave to their desires. These type of people are the ones who often regrets their decisions and actions after some time, once they finally realized just what they wasted.

Shocking part is these people can either be rich individuals or those who are just average earners.

I know that such people don't care about their future and that becomes a problem when they move into the future and if they, unfortunately, don't have any job and also no money since they've already spent it all, but there is one thing about them, they enjoy the present very well, they do everything they want to do without any hesitation or thinking twice like us that if we spend this money now, what are we going to do later if we need some money, etc.

I have a cousin who is a "one-day millionaire" as you call it, and he is just like that. He works, earns some money, and spends it all on things that he wanted to do, he buys himself a new smartphone, will drink beers, go out, and do all the shit that makes him have a good time and save nothing at all. I've always wondered what he would do once he gets married because you can barely live a life like that once you have a family unless you earn a hell of a lot of money.

[alastantiger]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature.

What I have observed is that as your salary increases so will your desires wants and needs increase. However if you maintain restraint on your desires and contentment with what you have you will discover that all that you need your salary can meet it. My own theory is that if my salary cannot afford what I want to buy then I do not need it.

For example I do not need a new car if my old car is not broken or giving me any problems that requires daily maintenance. The reason you see people go buy new cars when their are old cars still functions perfectly is because they want to meet up with the trend.
Also if that car is faulty and requires constant maintenance and you cannot meet up, if the drive to your office is not a far distance , you can sell your car and get a bicycle. But will you? You see that here it not your salary that's the problem but your desires that is the problem.

[Rivaldine]

This is a practical case of "problem never ends". You think the need before you is pressing enough only for you to wake up the next day with a much more higher need that surpasses the previous, to some extent, it looks like the need you attended to the previous day met the incoming need on the way and informed it that you are more than fit to combat whatever is presented at you. What I do is to try the best economical approach towards solving the problem and not spending too much as more is coming tomorrow. Everyday births a new challenge.

[DVlog]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

What I have observed is that as your salary increases so will your desires wants and needs increase. However if you maintain restraint on your desires and contentment with what you have you will discover that all that you need your salary can meet it. My own theory is that if my salary cannot afford what I want to buy then I do not need it.

For example I do not need a new car if my old car is not broken or giving me any problems that requires daily maintenance. The reason you see people go buy new cars when they are old cars still functions perfectly is because they want to meet up with the trend.
Also if that car is faulty and requires constant maintenance and you cannot meet up, if they drive to your office is not far you can sell your car and get a bicycle. You see that here it is not desires that is the problem.

It's all about having the right mindset. What I believe is that if my monthly expenses are $30,000$ then i need to have an income sources that can cover these essential expenses. If my income sources can make 35000$ for me then the remaining 5000$ is the balance i have to spend on something of my hobby or desire. If it cost more than 5000$ to fulfill my hobby then i should be patience or think of something else.

[Etranger]

. If it cost more than 5000$ to fulfill my hobby then i should be patience or think of something else.

I believe when it costs more, you should think not of something else, but of ways and opportunities how to reach what you desire. Thinking about the ways of getting something you want is much more productive than giving up on it and satisfying with something else or less. Of course, this approach requires time and patience, but it is definitely worth it, because in the end you will end up with something you truly wanted, not something you just could afford.

[Winterfrost]

As eloborated in the opening post, it is true that the needs of people won't come to an end. It is our responsibility to plan wise and allocate good money for savings. Miscellaneous spending happens and those are unavoidable, at times people spend money because they don't know what to do. Such situations needs to be avoided. To understand this situation, one need to spend on analysing whether it is must needed one.

Personally I used to have long term plans and if the earning turns good then I'll spend on it. This helps in achieving the materialistic needs fulfilled earlier. This is possible only through proper planning where we need to be clear on the allocation for our needs and for investment.

Yes, I agree with that, even if your salary is very likely your basic needs can only be covered a little, but this is different from the lifestyle where most people prioritize their lifestyle over their basic needs, many people prioritize their lifestyle to follow current trends with goods. , fashion, luxury gadgets that people buy to look cool in the eyes of other people, so people will think that people who own branded goods are cool people, nowadays people are competing with a luxurious lifestyle no matter how If they can afford an expensive lifestyle, they will fulfill it without thinking about other things that they certainly need for themselves.

Maybe basic needs are not prioritized because they prioritize lifestyle with the thought "oh this can be done later, but branded goods are limited". Also, some people can set aside or prioritize saving when it's time for their salary, they prioritize saving for the future, they can appear without prioritizing a luxurious lifestyle because they know there will be a time when they will have their own family to prepare for.

Its obvious these days human chase after clothes, cars, party's and so many other luxurious lifestyle  and even do jobs we don't like to do just to meet up the high standard and buy things we don't need because we see a lot of post from influencers/advertiser. Spending habit is something that should be priorities in this life. When I see a lot of  persons working day and night in other to impress, I feel so bad for them. Set aside the good lifestyle every human is suppose to invest and as well save because that is what will save them in the future. Those things are perishable and are only for the moment.

A lot of people are very ignorant when it comes to investing. They will always procrastinate till time flies they wont still invest any. I know a friend who has been saving money weekly to buy the latest iPhone 15. When i told him the amount i invested in Bitcoin in the current price now and the price i speculated it to be in the future he was wowed. Still yet he is not interested all in his mind is to get the iPhone 15. There is no room for excuses as long as gradually invest in Bitcoin even with the low income it will accumulate over time.

[Franctoshi]

I bet if it will be impossible to see a salary earner that would even have his/her salary equal or meet his needs/desires as human needs can never be satisfied. When one problem is solved, another one arises. So If at all, you have a salary that meets your needs,  your desires will automatically increase thereby making such a salary no longer enough to service your needs/desires.

[Baki202]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

it is not possible for humans to be fulfilled they will keep seeking and finding till when they will die look at the aspect of phones and buildings they are always modernizing and people are always looking for the latest mostly because of nothing than recognition and status, and the only thing I feel even gives us a little satisfaction is food when you eat and you filled and you have to wait till when you start filling hungry again so aside that we humans will always hunger for more. since it is our nature we have to live with it and as we hunger for more we should also improve ourselves.

[nurilham]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.
Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

It is true. There will be always new needs, people want more when they can fulfill their current needs. So, human needs will be never fulfilled because it is like unlimited things. All people must never feel satisfied, they will feel greedy to get something new. If we can't control our will, we will always think that we never reach a good condition on our financial status in this life. Our earning will be always less than our spending. But as human, we must have the thought to be wise. We must prioritize the basic needs, don't always think about new needs.

[Furious 7]

Human needs can not be fulfilled and they are not limited. The more he gets the more he wants and this nature isn't always bad. Your desire to touch the sky takes you to a level that you have never dreamed of. It gives us motivation, inspiration and courage to improve ourselves to touch the sky that doesn't have any cilings. What destroys a human mind is its greed not its ambitious nature. 

It is human nature that we always want more than what we have now and are never satisfied with what we have now as a form of our ambition to achieve the targets we want to achieve.
Many opinions say that this can be overcome if we can be more grateful with what we have but this is just a defense because in the end as long as we live we will still have a great desire to continue to fulfill the needs of life that we want.
This is also what makes us a greedy person although many do not admit this but the fact is that we are the greediest creatures and it is a fact only that all have their own level of greed and it becomes a condition where it is called "gratitude" but in the end when there is an opportunity that we can maximize to benefit all will still return to greed as its basic nature.

[Arenga pinnata]

I bet if it will be impossible to see a salary earner that would even have his/her salary equal or meet his needs/desires as human needs can never be satisfied. When one problem is solved, another one arises. So If at all, you have a salary that meets your needs,  your desires will automatically increase thereby making such a salary no longer enough to service your needs/desires.

Sometimes our needs will not increase if our lifestyle remains the same. But if we follow trends and continue to develop a lifestyle that is more luxurious than before, then demand will automatically increase. And this factor then makes people whose salaries increase but still find it difficult to set aside money. And only after he observed and evaluated himself did he realize that his lifestyle continued to increase along with his salary which also increased. This is what makes any salary not enough to satisfy someone. Except for people who are grateful and remain consistent with a simple life even though they get a salary increase from their company.

But it is very rare to meet people who keep their lives simple and when they get a bigger salary, they are able to save more.

[Xcode7]

. If it cost more than 5000$ to fulfill my hobby then i should be patience or think of something else.

I believe when it costs more, you should think not of something else, but of ways and opportunities how to reach what you desire. Thinking about the ways of getting something you want is much more productive than giving up on it and satisfying with something else or less. Of course, this approach requires time and patience, but it is definitely worth it, because in the end you will end up with something you truly wanted, not something you just could afford.

If it is still realistic to achieve then use this as a reference in achieving it, instead of looking for other hobbies/desires.
I think $5000 is still very realistic and there is still a lot of work we can do to get there.
The point is that we can use this desire to motivate ourselves even more to achieve it. I think every human being will be motivated by the things they want to achieve.

In essence, everyone will continue to look for ways to solve the problems they are facing so that everyone can continue to fulfill their own needs without any interference. We can see from everyone who works that each person definitely has their own priorities in achieving what they want because without trying to achieve something they want, everyone will not get any development or anything in their life. This is based on everything that will not come by itself without effort through hard work.

That is the main reason people work, because there are desires and needs that must be fulfilled.
And the magnitude of desires and needs will influence a person's performance, because logically if someone wants more then they have to work harder, it is like motivation for themselves to be able to fulfill it.
And therefore all of us must have the desire to be motivated to work hard to fulfill it.

[Dickiy]

I bet if it will be impossible to see a salary earner that would even have his/her salary equal or meet his needs/desires as human needs can never be satisfied. When one problem is solved, another one arises. So If at all, you have a salary that meets your needs,  your desires will automatically increase thereby making such a salary no longer enough to service your needs/desires.

Sometimes our needs will not increase if our lifestyle remains the same. But if we follow trends and continue to develop a lifestyle that is more luxurious than before, then demand will automatically increase. And this factor then makes people whose salaries increase but still find it difficult to set aside money. And only after he observed and evaluated himself did he realize that his lifestyle continued to increase along with his salary which also increased. This is what makes any salary not enough to satisfy someone. Except for people who are grateful and remain consistent with a simple life even though they get a salary increase from their company.

But it is very rare to meet people who keep their lives simple and when they get a bigger salary, they are able to save more.

Well that's right, of course if their lifestyle remains the same or in the sense that it is not too excessive then surely in terms of needs or expenses will also not increase, but what is usually a problem is when their income is still the same but they follow a lifestyle in accordance with the times, well that is usually a problem, which means that expenses and income are not balanced and obviously they will have difficulty in managing their finances even though they may already have a fixed salary from work. Sometimes it is quite difficult to be able to distinguish between needs and wants, for lifestyle problems that they continue to upgrade to a luxury then obviously it is the desire of your lifestyle to be shown to the public even though there is actually no good enough reciprocity on yourself and maybe only satisfaction that you get.

Yes, I hope that whoever it is if indeed they have an income that can only support their daily needs, it is better not to get carried away with the wrong association because it is clear that it is not uncommon for us to find that those whose lives look like full of luxury by exaggerating and forcing something for that luxury because they are wrong in choosing associations in the surrounding environment. So of course gratitude is the key, if you continue to follow trends according to the times then maybe it will only make it difficult for you, no matter how big your salary is still in terms of desire it will never end, so it's better to be grateful and if you have more income you can set aside to save because it will be useful for your future.
     

[slapper]

~snip~

Well that's right, of course if their lifestyle remains the same or in the sense that it is not too excessive then surely in terms of needs or expenses will also not increase, but what is usually a problem is when their income is still the same but they follow a lifestyle in accordance with the times, well that is usually a problem, which means that expenses and income are not balanced and obviously they will have difficulty in managing their finances even though they may already have a fixed salary from work. Sometimes it is quite difficult to be able to distinguish between needs and wants, for lifestyle problems that they continue to upgrade to a luxury then obviously it is the desire of your lifestyle to be shown to the public even though there is actually no good enough reciprocity on yourself and maybe only satisfaction that you get.

Yes, I hope that whoever it is if indeed they have an income that can only support their daily needs, it is better not to get carried away with the wrong association because it is clear that it is not uncommon for us to find that those whose lives look like full of luxury by exaggerating and forcing something for that luxury because they are wrong in choosing associations in the surrounding environment. So of course gratitude is the key, if you continue to follow trends according to the times then maybe it will only make it difficult for you, no matter how big your salary is still in terms of desire it will never end, so it's better to be grateful and if you have more income you can set aside to save because it will be useful for your future.
     

Lifestyle inflation is a real, real issue, and it's something that many, many people fall victim to. When income remains stagnant, but the desire to "keep up with the Joneses" intensifies, financial chaos ensues. It's a trap, a very dangerous trap. People, people everywhere, are trying to live a life that's beyond their means, and it's not, not good

Let's talk about needs and wants. Needs are essential, wants are... well, they're just wants. And distinguishing between them? It's tough, very tough. But it's crucial, absolutely crucial. The desire to show off, to flaunt, to be seen as "living the life" is strong, very strong. But at what cost? Financial instability? Debt? It's not worth it, not at all

And associations? Surrounding oneself with the wrong crowd, the kind that pushes for extravagance when simplicity would do, is a recipe for disaster. Gratitude, as you rightly said, is the key. Be grateful, be smart, and save, save, save. Your future self will thank you, believe me

[Arenga pinnata]

Sometimes our needs will not increase if our lifestyle remains the same. But if we follow trends and continue to develop a lifestyle that is more luxurious than before, then demand will automatically increase. And this factor then makes people whose salaries increase but still find it difficult to set aside money. And only after he observed and evaluated himself did he realize that his lifestyle continued to increase along with his salary which also increased. This is what makes any salary not enough to satisfy someone. Except for people who are grateful and remain consistent with a simple life even though they get a salary increase from their company.

But it is very rare to meet people who keep their lives simple and when they get a bigger salary, they are able to save more.

Well that's right, of course if their lifestyle remains the same or in the sense that it is not too excessive then surely in terms of needs or expenses will also not increase, but what is usually a problem is when their income is still the same but they follow a lifestyle in accordance with the times, well that is usually a problem, which means that expenses and income are not balanced and obviously they will have difficulty in managing their finances even though they may already have a fixed salary from work. Sometimes it is quite difficult to be able to distinguish between needs and wants, for lifestyle problems that they continue to upgrade to a luxury then obviously it is the desire of your lifestyle to be shown to the public even though there is actually no good enough reciprocity on yourself and maybe only satisfaction that you get.

Yes, I hope that whoever it is if indeed they have an income that can only support their daily needs, it is better not to get carried away with the wrong association because it is clear that it is not uncommon for us to find that those whose lives look like full of luxury by exaggerating and forcing something for that luxury because they are wrong in choosing associations in the surrounding environment. So of course gratitude is the key, if you continue to follow trends according to the times then maybe it will only make it difficult for you, no matter how big your salary is still in terms of desire it will never end, so it's better to be grateful and if you have more income you can set aside to save because it will be useful for your future.

The relationships or environment in which we socialize and the people in them sometimes influence our lifestyle the most. If we hang around a lot with people who always prioritize a luxurious lifestyle, sometimes we will be dragged into doing the same thing. That is why we must have firm principles and must not be easily influenced in relationships.

Distinguishing between needs and wants is sometimes difficult in certain situations. But if we already have good financial management. Then we can easily differentiate between what should be a priority (basic needs) and what should not be a priority (complementary desires or needs that are not too important and can still be overlooked). So basically we have to be clever at managing our own finances. So that we can measure the limits of our own financial capabilities and so that we do not shop beyond the limits of our own financial capabilities.

[Jody.Drummer]

The relationships or environment in which we socialize and the people in them sometimes influence our lifestyle the most. If we hang around a lot with people who always prioritize a luxurious lifestyle, sometimes we will be dragged into doing the same thing. That is why we must have firm principles and must not be easily influenced in relationships.

Distinguishing between needs and wants is sometimes difficult in certain situations. But if we already have good financial management. Then we can easily differentiate between what should be a priority (basic needs) and what should not be a priority (complementary desires or needs that are not too important and can still be overlooked). So basically we have to be clever at managing our own finances. So that we can measure the limits of our own financial capabilities and so that we do not shop beyond the limits of our own financial capabilities.

That's right, and indeed environmental factors I think have a big influence on the nature and character and also the lifestyle of a person, maybe we have also seen many people like that and we have proven it. Quite simply, they are too pushy when basically they are not able to do it but because of the encouragement of environmental factors that are very large then it is like a mandatory thing according to them and must be done. Of course, environmental factors are very likely to change a person as well as his mindset, as I said above, they are too imposing even though they themselves realize that they do not have the ability to overdo it in their lifestyle. It's true that we must have principles that suit our lives, it's okay if you want to hang out with rich people but you also have to think and see what your conditions are including your finances, if it's not possible then it's better to have a normal style, after all it's just a lifestyle and there is no fully positive reciprocity for you.

It is quite difficult to distinguish, and sometimes it is not uncommon for some of those who like to misinterpret, they buy something that they think is a necessity when in reality it is just a desire, and I think it goes back to everyone's perspective because there will definitely be a defense even though they are basically wrong in interpreting all of that.

[Promocodeudo]

Yes this is true, human wants is much more unsatisfiable so no matter what you do, this life is very complex, I think the best way is to do what you know how to do at all time to make yourself and people around you happy, getting all you desired should not be part of the goal because it is a no no, it is practically impossible to meet your needs once as a human being, you just can't, sometimes I see people think this way but my stands have been, it is impossible, even the so-called world billionaires, there are still things wanting in their life, this is natural and we can not change it, to me I see some of this things as the way our creator has made it to be and there is nothing we can do about it.

[shinratensei_]

~snip~

Well that's right, of course if their lifestyle remains the same or in the sense that it is not too excessive then surely in terms of needs or expenses will also not increase, but what is usually a problem is when their income is still the same but they follow a lifestyle in accordance with the times, well that is usually a problem, which means that expenses and income are not balanced and obviously they will have difficulty in managing their finances even though they may already have a fixed salary from work. Sometimes it is quite difficult to be able to distinguish between needs and wants, for lifestyle problems that they continue to upgrade to a luxury then obviously it is the desire of your lifestyle to be shown to the public even though there is actually no good enough reciprocity on yourself and maybe only satisfaction that you get.

Yes, I hope that whoever it is if indeed they have an income that can only support their daily needs, it is better not to get carried away with the wrong association because it is clear that it is not uncommon for us to find that those whose lives look like full of luxury by exaggerating and forcing something for that luxury because they are wrong in choosing associations in the surrounding environment. So of course gratitude is the key, if you continue to follow trends according to the times then maybe it will only make it difficult for you, no matter how big your salary is still in terms of desire it will never end, so it's better to be grateful and if you have more income you can set aside to save because it will be useful for your future.
     

Lifestyle inflation is a real, real issue, and it's something that many, many people fall victim to. When income remains stagnant, but the desire to "keep up with the Joneses" intensifies, financial chaos ensues. It's a trap, a very dangerous trap. People, people everywhere, are trying to live a life that's beyond their means, and it's not, not good

Let's talk about needs and wants. Needs are essential, wants are... well, they're just wants. And distinguishing between them? It's tough, very tough. But it's crucial, absolutely crucial. The desire to show off, to flaunt, to be seen as "living the life" is strong, very strong. But at what cost? Financial instability? Debt? It's not worth it, not at all

And associations? Surrounding oneself with the wrong crowd, the kind that pushes for extravagance when simplicity would do, is a recipe for disaster. Gratitude, as you rightly said, is the key. Be grateful, be smart, and save, save, save. Your future self will thank you, believe me

thats right, increasing of lifestyle is fine so long income can adjust, but many cases, some people out there just want to live luxurious life while not even wanting to increase their income which is quite silly.
thats why in this day we can find so many people that appear to be rich in social media but actually not that much in real life, because sometime they just want to build brand so that they can be more well fitted towards their social life.
if someone don't wanna get trapped into debt, then they could do minimal life, only but what they truly needs but honestly in this days of consumerism, i don't believe anyone would just stick with such simple life.
they definitely have the desire to live and own some luxurious stuff, even more so with all the technolgy advancement, it'd be a lie if they don't want the latest tech like newest iphone.

[mamesso]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

Human desires and needs will continue to increase, especially every time a new product comes out, people will try to raise money to be able to have a new product and it will always be like that. Shopping habits and spending money must be carried out by implementing a number of strict rules, the aim is to avoid breaking the monthly spending line.

In meeting every need, it needs to be minimized properly to prevent the potential for waste in the financial budget. There are many people who do not realize that they have made a certain amount of waste by buying whatever they think they need, this activity can result in larger expenses that can damage financial plans for the future. It is necessary to consider all expenditures or monitor each expenditure made to help control and supervise finances properly.

[armanda90]

Human desires and needs will continue to increase, especially every time a new product comes out, people will try to raise money to be able to have a new product and it will always be like that. Shopping habits and spending money must be carried out by implementing a number of strict rules, the aim is to avoid breaking the monthly spending line.

In meeting every need, it needs to be minimized properly to prevent the potential for waste in the financial budget. There are many people who do not realize that they have made a certain amount of waste by buying whatever they think they need, this activity can result in larger expenses that can damage financial plans for the future. It is necessary to consider all expenditures or monitor each expenditure made to help control and supervise finances properly.

Unstoppable with human desire and needs although have more than expectation, its have been human attitude looking for their first target want to buy a car but after having car they want upgrade to be more luxury cars with most expensive values. But many of human can't make balance with their financial budget and prefer their desires or needs than which one more important for their saving funds as investment assets for future until how to manage good financial more increasing.

Its not problem when human enjoying with their hard work and spent for desires or anything needed depend keep spent for saving fund as investment or their assets not loss all for desires. I think need to prepare good financial for the future and don't waste all money for anything not profitable yet.

[junder]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

Human desires and needs will continue to increase, especially every time a new product comes out, people will try to raise money to be able to have a new product and it will always be like that. Shopping habits and spending money must be carried out by implementing a number of strict rules, the aim is to avoid breaking the monthly spending line.

In meeting every need, it needs to be minimized properly to prevent the potential for waste in the financial budget. There are many people who do not realize that they have made a certain amount of waste by buying whatever they think they need, this activity can result in larger expenses that can damage financial plans for the future. It is necessary to consider all expenditures or monitor each expenditure made to help control and supervise finances properly.

Yes, it is true that they will fulfill their lifestyle instead of basic needs with the latest products and brands attracting them to buy them because it is a condition of life now. to meet these needs they will try as much as possible so that they can buy and have them. Lifestyle expenditures that are greater than basic needs will certainly be a problem later, but they themselves will feel it and they will also run it. But they must be able to limit spending beyond the basics. sometimes they buy just because they want to, not prioritizing function.

The current lifestyle budget is so luxurious that some of them are even desperate to be able to fulfill it because the environment encourages it. The prestige that exists in themselves cannot be hidden naturally they will try to buy the latest products, that way they will be accepted in the current lifestyle environment that is all luxurious, maybe not all like that but in my opinion at this time most of them are like this. if they can have the latest products then they will be considered in the hangout and vice versa. It's true that you said they have to reduce budget expenditures that are not too important because it will damage their finances in the future, of course the future that must be prepared cannot just be ignored. So they have to manage their finances well so as not to be too wasteful.

[Fakhrulenclix]

Human desires and needs will continue to increase, especially every time a new product comes out, people will try to raise money to be able to have a new product and it will always be like that. Shopping habits and spending money must be carried out by implementing a number of strict rules, the aim is to avoid breaking the monthly spending line.

In meeting every need, it needs to be minimized properly to prevent the potential for waste in the financial budget. There are many people who do not realize that they have made a certain amount of waste by buying whatever they think they need, this activity can result in larger expenses that can damage financial plans for the future. It is necessary to consider all expenditures or monitor each expenditure made to help control and supervise finances properly.

Unstoppable with human desire and needs although have more than expectation, its have been human attitude looking for their first target want to buy a car but after having car they want upgrade to be more luxury cars with most expensive values. But many of human can't make balance with their financial budget and prefer their desires or needs than which one more important for their saving funds as investment assets for future until how to manage good financial more increasing.

Its not problem when human enjoying with their hard work and spent for desires or anything needed depend keep spent for saving fund as investment or their assets not loss all for desires. I think need to prepare good financial for the future and don't waste all money for anything not profitable yet.

Every human being certainly has their desire to make themselves look luxurious in front of other people and if we follow our desires like that of course we will have great difficulty in finding money to meet our needs and also we will not be able to save some of the income we have because our income is spent on the luxuries we desire.

Enjoying what they have earned is indeed a natural thing to do, but we also need to consider and also look at the income we have so that the income we have will not be enough for the needs we need. You are right, we need to prepare good finances for our future because it is not certain that we will be able to work until we are old.

[Dewi Aries]

Unstoppable with human desire and needs although have more than expectation, its have been human attitude looking for their first target want to buy a car but after having car they want upgrade to be more luxury cars with most expensive values. But many of human can't make balance with their financial budget and prefer their desires or needs than which one more important for their saving funds as investment assets for future until how to manage good financial more increasing.

Its not problem when human enjoying with their hard work and spent for desires or anything needed depend keep spent for saving fund as investment or their assets not loss all for desires. I think need to prepare good financial for the future and don't waste all money for anything not profitable yet.

Every human being certainly has their desire to make themselves look luxurious in front of other people and if we follow our desires like that of course we will have great difficulty in finding money to meet our needs and also we will not be able to save some of the income we have because our income is spent on the luxuries we desire.

Enjoying what they have earned is indeed a natural thing to do, but we also need to consider and also look at the income we have so that the income we have will not be enough for the needs we need. You are right, we need to prepare good finances for our future because it is not certain that we will be able to work until we are old.

By only thinking about following a luxurious lifestyle, of course this will drain our financial income, I myself think that I am more concerned with basic needs than following a luxurious lifestyle, because even by fulfilling a luxurious lifestyle it will not necessarily make me happy. The income earned must be balanced with the needs, if for example the focus is more on the lifestyle, I am afraid that the basic needs will be affected.

Yes, I agree with you, I will balance my income and basic needs, then the rest is to be enjoyed more, even if the income I get is limited, in my opinion it is very mandatory to save even if it is in a small amount it doesn't matter. Because if we don't save, what I'm afraid of in the future is that suddenly there is a problem and our financial situation is bad so it is difficult to deal with it, Nakmun, if with the savings we do at such times we will not be too confused and will not borrow here and there to deal with problems that suddenly come.

[Arenga pinnata]

The relationships or environment in which we socialize and the people in them sometimes influence our lifestyle the most. If we hang around a lot with people who always prioritize a luxurious lifestyle, sometimes we will be dragged into doing the same thing. That is why we must have firm principles and must not be easily influenced in relationships.

Distinguishing between needs and wants is sometimes difficult in certain situations. But if we already have good financial management. Then we can easily differentiate between what should be a priority (basic needs) and what should not be a priority (complementary desires or needs that are not too important and can still be overlooked). So basically we have to be clever at managing our own finances. So that we can measure the limits of our own financial capabilities and so that we do not shop beyond the limits of our own financial capabilities.

That's right, and indeed environmental factors I think have a big influence on the nature and character and also the lifestyle of a person, maybe we have also seen many people like that and we have proven it. Quite simply, they are too pushy when basically they are not able to do it but because of the encouragement of environmental factors that are very large then it is like a mandatory thing according to them and must be done. Of course, environmental factors are very likely to change a person as well as his mindset, as I said above, they are too imposing even though they themselves realize that they do not have the ability to overdo it in their lifestyle. It's true that we must have principles that suit our lives, it's okay if you want to hang out with rich people but you also have to think and see what your conditions are including your finances, if it's not possible then it's better to have a normal style, after all it's just a lifestyle and there is no fully positive reciprocity for you.

It is quite difficult to distinguish, and sometimes it is not uncommon for some of those who like to misinterpret, they buy something that they think is a necessity when in reality it is just a desire, and I think it goes back to everyone's perspective because there will definitely be a defense even though they are basically wrong in interpreting all of that.

You are right that many people can't afford to live a luxurious lifestyle but they push themselves to do it or as you said sometimes they push themselves too hard. And the condition of forcing themselves is because they cannot assess and measure their own financial capabilities. Or they know that they can't afford it financially but they want to still appear cool in front of their friends who are rich people.

And yes, this is where we need life principles and remain ourselves and don't be easily influenced by the people around us. We have to be smart in choosing what we can do and what we can't do. Which ones we can follow and which ones we cannot follow. We cannot limit our social life. But we must know the limits in our financial life.

We must have a life goal that can motivate us to always manage our finances well and make us more diligent in saving and investing.

[Etranger]

Human desires and needs will continue to increase, especially every time a new product comes out, people will try to raise money to be able to have a new product and it will always be like that. Shopping habits and spending money must be carried out by implementing a number of strict rules, the aim is to avoid breaking the monthly spending line.

In meeting every need, it needs to be minimized properly to prevent the potential for waste in the financial budget. There are many people who do not realize that they have made a certain amount of waste by buying whatever they think they need, this activity can result in larger expenses that can damage financial plans for the future. It is necessary to consider all expenditures or monitor each expenditure made to help control and supervise finances properly.

It is not only a matter of what a person really needs. It is about who he wants to be, or even more correctly to be said, whom he wants to look like. We are living in the epoch of consumerism. People`s desires are not always true, the can be fake, because almost everyone wants to meet the image of a well-off human being, satisfied with life, who can afford all the new things at any time. And this is exactly what makes people take reckless financial actions. Although this image is unattainable, and it more often leads away from the goal than brings it closer to it.

[knowngunman]

thats right, increasing of lifestyle is fine so long income can adjust, but many cases, some people out there just want to live luxurious life while not even wanting to increase their income which is quite silly.
thats why in this day we can find so many people that appear to be rich in social media but actually not that much in real life, because sometime they just want to build brand so that they can be more well fitted towards their social life.
if someone don't wanna get trapped into debt, then they could do minimal life, only but what they truly needs but honestly in this days of consumerism, i don't believe anyone would just stick with such simple life.
they definitely have the desire to live and own some luxurious stuff, even more so with all the technolgy advancement, it'd be a lie if they don't want the latest tech like newest iphone.

I totally agree with you that it's better to live within your means and not to overspend in order to keep up appearances. Social media can give a false impression of people's lives. It's easy to focus on the curated images and carefully crafted posts that people share and to forget that real life is often more complicated. The influence of media has caused more harm than good in some people's financial life. There's nothing wrong with wanting a comfortable or even luxurious lifestyle but it needs to be balanced with financial responsibility. Although we can not deny the fact that you would start spending more money as your income goes up because this can happen gradually without you even realizing it but, it's also important to be mindful of your spending regardless of your income and set financial goals that are realistic and sustainable.

Distinguishing between needs and wants is sometimes difficult in certain situations. But if we already have good financial management. Then we can easily differentiate between what should be a priority (basic needs) and what should not be a priority (complementary desires or needs that are not too important and can still be overlooked). So basically we have to be clever at managing our own finances. So that we can measure the limits of our own financial capabilities and so that we do not shop beyond the limits of our own financial capabilities.

You're right, some time it's difficult to distinguish between what we actually needs and what we wants especially when it comes to things like technology but one way to make the distinction is to ask yourself whether you really need something or if you're just buying it for the sake of buying it. It's also necessary to know your values because once you identify your values, you can use them as a guide for deciding whether something is a need or a want. If it aligns with your values, it might be considered a need while if it doesn't, it might be more of a want.

[Pingrapole]

There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.

I prefer your opinion and I want to say that there is no end to the needs of people, whose lack of people is infinite Living a life that reconciles infinite scarcity with limited resources is real work Even if other animals get a lot, they cannot keep it in themselves due to lack of coordination, but humans are a little more advanced creatures who know how to balance and use the relationship Part of the salary should be saved and invested so that there is less reason to worry about the lifestyle in the days to come But it is not a bad idea to always earn more income but it should be done regularly then there will be more improvement and chances in life and you will help to meet many more needs.It's a natural process that a certain amount of salary can never make up for being successful or that the more money you're paid, the more you'll lack.For this, it is necessary to balance the salary through budgeting, separate the salary through the I&O process and use it for investment and expenditure.

[Quidat]

The relationships or environment in which we socialize and the people in them sometimes influence our lifestyle the most. If we hang around a lot with people who always prioritize a luxurious lifestyle, sometimes we will be dragged into doing the same thing. That is why we must have firm principles and must not be easily influenced in relationships.

Distinguishing between needs and wants is sometimes difficult in certain situations. But if we already have good financial management. Then we can easily differentiate between what should be a priority (basic needs) and what should not be a priority (complementary desires or needs that are not too important and can still be overlooked). So basically we have to be clever at managing our own finances. So that we can measure the limits of our own financial capabilities and so that we do not shop beyond the limits of our own financial capabilities.

That's right, and indeed environmental factors I think have a big influence on the nature and character and also the lifestyle of a person, maybe we have also seen many people like that and we have proven it. Quite simply, they are too pushy when basically they are not able to do it but because of the encouragement of environmental factors that are very large then it is like a mandatory thing according to them and must be done. Of course, environmental factors are very likely to change a person as well as his mindset, as I said above, they are too imposing even though they themselves realize that they do not have the ability to overdo it in their lifestyle. It's true that we must have principles that suit our lives, it's okay if you want to hang out with rich people but you also have to think and see what your conditions are including your finances, if it's not possible then it's better to have a normal style, after all it's just a lifestyle and there is no fully positive reciprocity for you.

It is quite difficult to distinguish, and sometimes it is not uncommon for some of those who like to misinterpret, they buy something that they think is a necessity when in reality it is just a desire, and I think it goes back to everyone's perspective because there will definitely be a defense even though they are basically wrong in interpreting all of that.

You are right that many people can't afford to live a luxurious lifestyle but they push themselves to do it or as you said sometimes they push themselves too hard. And the condition of forcing themselves is because they cannot assess and measure their own financial capabilities. Or they know that they can't afford it financially but they want to still appear cool in front of their friends who are rich people.

And yes, this is where we need life principles and remain ourselves and don't be easily influenced by the people around us. We have to be smart in choosing what we can do and what we can't do. Which ones we can follow and which ones we cannot follow. We cannot limit our social life. But we must know the limits in our financial life.

We must have a life goal that can motivate us to always manage our finances well and make us more diligent in saving and investing.

There's no wrong on pushing up yourself considering that it would really be acting out to be just like a motivation or inspiration for you to do hard work and be really that persevered on the things that you've been doing or something that would really be that making you move forward and as long you dont make yourself that getting desperate then i dont see any issues on it but on the time that you are already making actions which do shows that you are overexerting things which it do really ends up on being that desperate and making actions which arent supposed to be done then this is the time that we could really be definitely be able to say that we should really be stopping and just live the way on what you do have or simply being that contented. We do know the issues on pushing up yourself on living on an extravagant life or lavish ones if your income isnt really that enough or doesnt really fit out or simply just being less? There comes a time that you would really be doing actions like trying out to take some loan just because you do want to buy something that you cant buy with your own salary which it would really be a huge disaster with your finances.

Live on your life which you should really be contented on what you do have, its not bad to have ambitions or goals in life and just like been said that as long you arent crossing into those boundaries then it should really be just that fine. Live according into your means and dont wish up on things which you do seem that you cant really be able to reach out for now. Set goals and targets
and make those decisions which you would really be gradually be able to reach up those dreams but of course dont make yourself that to be assure that things would really
happen because we know in this life that there are things which arent for us no matter how hard we do try.

[CageMabok]

By only thinking about following a luxurious lifestyle, of course this will drain our financial income, I myself think that I am more concerned with basic needs than following a luxurious lifestyle, because even by fulfilling a luxurious lifestyle it will not necessarily make me happy. The income earned must be balanced with the needs, if for example the focus is more on the lifestyle, I am afraid that the basic needs will be affected.

It is clear that it will be affected because I have also seen some people who don't care about their basic needs apart from only caring more about their own luxurious lifestyle. I also don't know how people like that think, because they are so willing to endure hunger just to be able to fulfill a luxurious lifestyle and they will even be very happy when other people praise their lifestyle. But they are not aware that by continuing to do such things they are causing damage to their own health, because perhaps they do not have a commensurate income to continue to indulge their desires in this lifestyle.

Yes, I agree with you, I will balance my income and basic needs, then the rest is to be enjoyed more, even if the income I get is limited, in my opinion it is very mandatory to save even if it is in a small amount it doesn't matter. Because if we don't save, what I'm afraid of in the future is that suddenly there is a problem and our financial situation is bad so it is difficult to deal with it, Nakmun, if with the savings we do at such times we will not be too confused and will not borrow here and there to deal with problems that suddenly come.

You can think about this now or in the past if the goal is to save so that you don't experience economic difficulties when economic conditions start to get worse. And what's more important is that you also have to know how much you earn each month so that you can balance your own expenses in several ways. This includes lifestyle because daily needs are things that are very important so everyone will definitely prioritize these things before prioritizing their own lifestyle. Except for people who are not wise in using money and are willing to endure hunger just for the sake of their lifestyle.

[poodle63]

Yes, it is true that they will fulfill their lifestyle instead of basic needs with the latest products and brands attracting them to buy them because it is a condition of life now. to meet these needs they will try as much as possible so that they can buy and have them. Lifestyle expenditures that are greater than basic needs will certainly be a problem later, but they themselves will feel it and they will also run it. But they must be able to limit spending beyond the basics. sometimes they buy just because they want to, not prioritizing function.

The current lifestyle budget is so luxurious that some of them are even desperate to be able to fulfill it because the environment encourages it. The prestige that exists in themselves cannot be hidden naturally they will try to buy the latest products, that way they will be accepted in the current lifestyle environment that is all luxurious, maybe not all like that but in my opinion at this time most of them are like this. if they can have the latest products then they will be considered in the hangout and vice versa. It's true that you said they have to reduce budget expenditures that are not too important because it will damage their finances in the future, of course the future that must be prepared cannot just be ignored. So they have to manage their finances well so as not to be too wasteful.

nowadays even with earning of $100k a year, it will still not sufficient if someone lives a luxury, a luxury brand like supreme, dior and the likes are giving price tag to their products at really high prices while usually you can find same functioning goods at significantly lower prices. its matter of how someone contend against their own desire for luxurious goods, i've seen many that lived a simplistic life and be more happier.
but i also know someone that lives a luxury life and happy despite having debt which sometime make me confused how that didn't grow anxiety in their life but I guess some people just really have the mental aptitudes of having debt and still fine with it.
I personally would never buy something like those brand above and just prefer to have some local goods thats just cheaper while also have the same function.

[junder]

Yes, it is true that they will fulfill their lifestyle instead of basic needs with the latest products and brands attracting them to buy them because it is a condition of life now. to meet these needs they will try as much as possible so that they can buy and have them. Lifestyle expenditures that are greater than basic needs will certainly be a problem later, but they themselves will feel it and they will also run it. But they must be able to limit spending beyond the basics. sometimes they buy just because they want to, not prioritizing function.

The current lifestyle budget is so luxurious that some of them are even desperate to be able to fulfill it because the environment encourages it. The prestige that exists in themselves cannot be hidden naturally they will try to buy the latest products, that way they will be accepted in the current lifestyle environment that is all luxurious, maybe not all like that but in my opinion at this time most of them are like this. if they can have the latest products then they will be considered in the hangout and vice versa. It's true that you said they have to reduce budget expenditures that are not too important because it will damage their finances in the future, of course the future that must be prepared cannot just be ignored. So they have to manage their finances well so as not to be too wasteful.

nowadays even with earning of $100k a year, it will still not sufficient if someone lives a luxury, a luxury brand like supreme, dior and the likes are giving price tag to their products at really high prices while usually you can find same functioning goods at significantly lower prices. its matter of how someone contend against their own desire for luxurious goods, i've seen many that lived a simplistic life and be more happier.
but i also know someone that lives a luxury life and happy despite having debt which sometime make me confused how that didn't grow anxiety in their life but I guess some people just really have the mental aptitudes of having debt and still fine with it.
I personally would never buy something like those brand above and just prefer to have some local goods thats just cheaper while also have the same function.

Whereas if the income they get is limited and they force a luxurious lifestyle, of course this will burden them, the other side of people who have limited income but live simply they can live their daily lives calmly and happily. Forcing a luxurious lifestyle in my opinion is also not good because it will affect more important basic needs.

Some people who live a luxurious life are like that, maybe they can still manage their income well so they have debts that they can pay off in installments from their income. I agree with you, I prefer local goods and don't like to buy branded goods at high prices.

[Negotiation]

There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.

I prefer your opinion and I want to say that there is no end to the needs of people, whose lack of people is infinite Living a life that reconciles infinite scarcity with limited resources is real work Even if other animals get a lot, they cannot keep it in themselves due to lack of coordination, but humans are a little more advanced creatures who know how to balance and use the relationship Part of the salary should be saved and invested so that there is less reason to worry about the lifestyle in the days to come But it is not a bad idea to always earn more income but it should be done regularly then there will be more improvement and chances in life and you will help to meet many more needs.It's a natural process that a certain amount of salary can never make up for being successful or that the more money you're paid, the more you'll lack.For this, it is necessary to balance the salary through budgeting, separate the salary through the I&O process and use it for investment and expenditure.

It is true that human needs are endless the opportunity to meet the demand is limited so it is wise to limit the demand. Perfection of everything is not possible in earthly life those who want to get everything in life become depressed sometime therefore, it is wisest to be satisfied with the extent to which the need is fulfilled and its benefits are considerable. It is also good to budget so that it becomes easier to save some for the future. If you just earn and meet your needs there will be nothing for the future that will cause problems in the worldly life.

[Outhue]

The one thing that keeps me going is the thoughts about tomorrow, I have always think more about tomorrow than the present because this is what wakes the awareness in me and get me prepared for tomorrow, all what I have achieved today is because of how good I am in preparing for tomorrow, I used to tell my siblings that whatever you want to do it's not always about today, erase the present and plan towards tomorrow, some plans starts today and you won't see the result until later in the future and such plans are always better than quick results that majority of people in this world today are looking for.

Human needs are endless because we can never feel contented with what we have, some people chooses to avoid preparing for the future because they are satisfied with what they have, they don't have any goals they are chasing and they look more younger and healthier than those chasing dreams, but people who think this way are not many in the world today, I am not saying it's the right thing to do but some people found peace doing so.

If you hear some words from the mouth of Shaolin monks in China you will realize that some people already gave up on the desires of things in life, the are so peaceful and care less about having some money or increasing their worth, I could decide to be like them but I don't want to go on that path, because I have a different mindset when I was growing up, all I am saying is some people found the real peace and they don't care about needs and desires.

[Septex]

It is said that "man wants what he gets". There is no end to people. If someone has a mountain of gold, he will think how to get more gold. Man's needs do not end until he dies. In fact, even if we have a lot of resources, we will never be able to meet our needs. Because as humans we are not perfect at all. And even if you want to, all kinds of needs cannot be fulfilled with wealth. Everyone's needs must be limited. Otherwise, it is not possible to reverse the results. Demand is something that keeps on increasing day by day. For example, if someone doesn't have a bicycle, then he thinks I wish I had a bicycle! And if someone has a bicycle, he thinks I wish I had a bike!  And if anyone has a bike, he thinks, I wish I had a nice car! But let's take a look at the person lying in the hospital with cancer thinking, I wish I could live! So when we consider it, it turns out that we actually have no end of needs. No matter how much salary a man earns, he will never be able to fulfill his full needs even with his relationship spending money. There is no end to the demand.

[Dickiy]

There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.

I prefer your opinion and I want to say that there is no end to the needs of people, whose lack of people is infinite Living a life that reconciles infinite scarcity with limited resources is real work Even if other animals get a lot, they cannot keep it in themselves due to lack of coordination, but humans are a little more advanced creatures who know how to balance and use the relationship Part of the salary should be saved and invested so that there is less reason to worry about the lifestyle in the days to come But it is not a bad idea to always earn more income but it should be done regularly then there will be more improvement and chances in life and you will help to meet many more needs.It's a natural process that a certain amount of salary can never make up for being successful or that the more money you're paid, the more you'll lack.For this, it is necessary to balance the salary through budgeting, separate the salary through the I&O process and use it for investment and expenditure.

It is true that human needs are endless the opportunity to meet the demand is limited so it is wise to limit the demand. Perfection of everything is not possible in earthly life those who want to get everything in life become depressed sometime therefore, it is wisest to be satisfied with the extent to which the need is fulfilled and its benefits are considerable. It is also good to budget so that it becomes easier to save some for the future. If you just earn and meet your needs there will be nothing for the future that will cause problems in the worldly life.

Yes, it is true that a person's needs will never end, in my opinion it is because they are living humans who have common sense who will always think of having something that other people have, and in my opinion it is also very related to the name of desire which as we know the desire will never end, none other than because there are many new things that have sprung up that make us feel interested in having. Honestly, in my opinion, it is more precise "humans will never be able to fulfill their desires" that is more appropriate because for the problem of needs I think it is easy to fulfill if you are at a financial level, we must be able to distinguish what is meant by needs and desires, therefore management will always be prioritized because nothing but that can make your life balanced in every condition.

And yes the most important thing in life problems is to remain grateful for whatever we have and also for all the conditions we are experiencing, don't always prioritize your desires because obviously you will never be satisfied with what you have or what you achieve, so the point is to just be grateful, it's better.

[Gozie51]

No matter how much salary a man earns, he will never be able to fulfill his full needs even with his relationship spending money. There is no end to the demand.

I think you have to specify this angle of salary or money in terms of satisfying our needs because if you mean financial needs, yes people can satisfy their financial needs and in fact do satisfy them. When you talk about salary earn, well maybe it may not because you don't become rich to satisfy all your financial needs including that of your wife, girlfriend, family or relatives by earning just salary but if you have a good business investment and you are very rich then nothing financially can be your problem. Take a clue from those who are rich and giving aids and gift to the less privileged.

You can have all that money can buy actually but you may have other needs that are not physical or financial, like you might have psychological needs, bad relationship, spiritual needs etc.

[Woodie]

They say a bird in hand is better than two birds in the bush and like you said "human needs are insatiable " and if we marry these two days it gives a hint that our lifestyles will always be like this , nomatter how much help you give it will never be enough, nomatter how much one tries to sort out problems today they to will not be enough as other responsibilities will pop out..which tells me let's be prudent and work with  available resources nomatter how small they go a long way, if it's saving some money for small Bitcoin investments let it be..in the future this will make financial sense and is advisable to work with whatever resources are available!!

[dunfida]

There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.

I prefer your opinion and I want to say that there is no end to the needs of people, whose lack of people is infinite Living a life that reconciles infinite scarcity with limited resources is real work Even if other animals get a lot, they cannot keep it in themselves due to lack of coordination, but humans are a little more advanced creatures who know how to balance and use the relationship Part of the salary should be saved and invested so that there is less reason to worry about the lifestyle in the days to come But it is not a bad idea to always earn more income but it should be done regularly then there will be more improvement and chances in life and you will help to meet many more needs.It's a natural process that a certain amount of salary can never make up for being successful or that the more money you're paid, the more you'll lack.For this, it is necessary to balance the salary through budgeting, separate the salary through the I&O process and use it for investment and expenditure.

It is true that human needs are endless the opportunity to meet the demand is limited so it is wise to limit the demand. Perfection of everything is not possible in earthly life those who want to get everything in life become depressed sometime therefore, it is wisest to be satisfied with the extent to which the need is fulfilled and its benefits are considerable. It is also good to budget so that it becomes easier to save some for the future. If you just earn and meet your needs there will be nothing for the future that will cause problems in the worldly life.

Yes, it is true that a person's needs will never end, in my opinion it is because they are living humans who have common sense who will always think of having something that other people have, and in my opinion it is also very related to the name of desire which as we know the desire will never end, none other than because there are many new things that have sprung up that make us feel interested in having. Honestly, in my opinion, it is more precise "humans will never be able to fulfill their desires" that is more appropriate because for the problem of needs I think it is easy to fulfill if you are at a financial level, we must be able to distinguish what is meant by needs and desires, therefore management will always be prioritized because nothing but that can make your life balanced in every condition.

And yes the most important thing in life problems is to remain grateful for whatever we have and also for all the conditions we are experiencing, don't always prioritize your desires because obviously you will never be satisfied with what you have or what you achieve, so the point is to just be grateful, it's better.

There are always those moments on which you do sees that in every moment and situation which it seems that it is really that determined already or fixed. On the time that we do have extra money then suddenly there are some emergencies that do happen like hospitalization, emergency etc... on which it would really be that resulting on spending those savings into those things.Yes, you had saved up yourself for that situation but of course in exchange for those saved funds which leaves you nothing or even the worst if it wasnt enough then you would really be taking up some loans on which it would really be just that so normal on such conditions
but as much as possible then it would really be that wise that we should really be that avoiding getting loans.

Money management would really be that always recommended because if you do find yourself not really that putting attention to this then you might really be that ending up
on hard situation on which leaving you no choice but to get into those points on borrowing. Now that in every year which economic situations comes even more worst year by year
then it would really be that just right that you should really be finding other ways for you to earn money aside from your own main job. It is really just that needing up that
proper time management for that.

[lixer]

Yes this is true, human wants is much more unsatisfiable so no matter what you do, this life is very complex, I think the best way is to do what you know how to do at all time to make yourself and people around you happy, getting all you desired should not be part of the goal because it is a no no, it is practically impossible to meet your needs once as a human being, you just can't, sometimes I see people think this way but my stands have been, it is impossible, even the so-called world billionaires, there are still things wanting in their life, this is natural and we can not change it, to me I see some of this things as the way our creator has made it to be and there is nothing we can do about it.

That's the actual thing, human nature isn't satisfiable, no matter how much you achieve, you will still want to achieve something more, the struggle is real. Someone who is poor thinks that those who are rich have everything they need in their lives but those who are rich know that some of their desires are still unfulfilled, some of them might have to do with finances and some might not need finances but people who have a lot of money will still have problems.

So as they say, "The grass is always greener from the other side of the fence.", which means that no matter how much you get in your life, you will still desire more. You can barely find people who don't have everything but they are still happy and satisfied with whatever they have and they never complain.

[poodle63]

No matter how much salary a man earns, he will never be able to fulfill his full needs even with his relationship spending money. There is no end to the demand.

I think you have to specify this angle of salary or money in terms of satisfying our needs because if you mean financial needs, yes people can satisfy their financial needs and in fact do satisfy them. When you talk about salary earn, well maybe it may not because you don't become rich to satisfy all your financial needs including that of your wife, girlfriend, family or relatives by earning just salary but if you have a good business investment and you are very rich then nothing financially can be your problem. Take a clue from those who are rich and giving aids and gift to the less privileged.

You can have all that money can buy actually but you may have other needs that are not physical or financial, like you might have psychological needs, bad relationship, spiritual needs etc.

it still depends though fulfilling financial needs could be really hard if someone is really just all about those luxury brands that gonna suck few grands for the simplest goods ever.
like those luxury bags brands, that charges tens to hundreds thousands of dollars just for a bag, in which i don't think make sense for majority of people.
this could cause financial stability if the people needs to fulfill their financial needs while also trying to satisfy desire of luxurious stuff.
I think it also depends on whether an individual capable of distinguishing their basic needs and something they don't really needs.

[barisbilgili]

it still depends though fulfilling financial needs could be really hard if someone is really just all about those luxury brands that gonna suck few grands for the simplest goods ever.
like those luxury bags brands, that charges tens to hundreds thousands of dollars just for a bag, in which i don't think make sense for majority of people.
this could cause financial stability if the people needs to fulfill their financial needs while also trying to satisfy desire of luxurious stuff.
I think it also depends on whether an individual capable of distinguishing their basic needs and something they don't really needs.

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

[Strongkored]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Needs that are never met because they are always there again and again are not needs but desires, and often what destroys someone's finances is desire. However, you must first fulfill all your needs before starting to invest, while desires will begin to be fulfilled when our investment is successful in providing profits, but unfortunately often people cannot differentiate between needs and desires, considering always buying clothes for example as a necessity even though this is a desire, replacing a smartphone regularly, for example once a year, is considered a necessity even though this is a desire, and all desires can never be fulfilled because it will only drain our finances and make us unable to save and invest, because humans are always full of desires, sometimes even ignoring needs.

[blckhawk]

You've already said it OP, human needs are insatiable and I think that it's true. But don't misunderstand me though, yes it's true and it's not a bad thing because desire can be equated to necessity and necessity is the mother of inventions plus desire is helping the humanity advance as a species, our ceaseless desire to know everything and create something is what has kept our species alive for a 300,000 years and will continue to be the driving force for our survival. Also, desire and needs are the driving force of the economy because if a person doesn't desire any material then they don't have any motivation to be a cog in this capitalistic machinery that we've built to create products that we sell to other people that desire those products. Regarding the title of the thread, of course you can't get all your desires at once because desire has a price and most of the time it's not cheap.

[Gaza13]

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

Yes, this is what happens in the country of Congo or better known as the La sape community, they prioritize appearance compared to their needs, this community consists of poor people. Yes, your decisions determine your future, yes, prioritize function, not prestige, so that we don't get trapped into a difficult lifestyle.

[Dickiy]

Yes, it is true that a person's needs will never end, in my opinion it is because they are living humans who have common sense who will always think of having something that other people have, and in my opinion it is also very related to the name of desire which as we know the desire will never end, none other than because there are many new things that have sprung up that make us feel interested in having. Honestly, in my opinion, it is more precise "humans will never be able to fulfill their desires" that is more appropriate because for the problem of needs I think it is easy to fulfill if you are at a financial level, we must be able to distinguish what is meant by needs and desires, therefore management will always be prioritized because nothing but that can make your life balanced in every condition.

And yes the most important thing in life problems is to remain grateful for whatever we have and also for all the conditions we are experiencing, don't always prioritize your desires because obviously you will never be satisfied with what you have or what you achieve, so the point is to just be grateful, it's better.

There are always those moments on which you do sees that in every moment and situation which it seems that it is really that determined already or fixed. On the time that we do have extra money then suddenly there are some emergencies that do happen like hospitalization, emergency etc... on which it would really be that resulting on spending those savings into those things.Yes, you had saved up yourself for that situation but of course in exchange for those saved funds which leaves you nothing or even the worst if it wasnt enough then you would really be taking up some loans on which it would really be just that so normal on such conditions
but as much as possible then it would really be that wise that we should really be that avoiding getting loans.

Money management would really be that always recommended because if you do find yourself not really that putting attention to this then you might really be that ending up
on hard situation on which leaving you no choice but to get into those points on borrowing. Now that in every year which economic situations comes even more worst year by year
then it would really be that just right that you should really be finding other ways for you to earn money aside from your own main job. It is really just that needing up that
proper time management for that.

In any case management is the most important and must be set, especially in the case of life, you will never know about what will happen tomorrow, and if today you spree and spend all your money just for short-term pleasure then yes if tomorrow there is a new thing that is very sudden and also that urges you to spend money then I'm sure you will be confused and say "if only I saved yesterday's money", regretful involvement will always be there when we do things that are not accompanied by good management and planning.

Of course, and borrowing money has become a very common solution for everyone when facing such difficult times, although it helps you but I wouldn't say that it's entirely good, as you said. And if they can't change their lifestyle especially in terms of financial management then of course every time they experience difficult conditions their first action is to borrow money. Honestly in this matter I will not fully blame them for the reason if indeed their financial condition is really bad, but if they have pretty good finances but are still involved in problems like this then yes obviously the initial problem point is their very poor management. That's right, one of the actions or ways that can be done to restore their finances or increase their finances to be better is as you said, looking for new jobs such as part-time to increase their income, many have done this including myself, and this is an effective way that people always use to improve their finances.

[slapper]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Needs that are never met because they are always there again and again are not needs but desires, and often what destroys someone's finances is desire. However, you must first fulfill all your needs before starting to invest, while desires will begin to be fulfilled when our investment is successful in providing profits, but unfortunately often people cannot differentiate between needs and desires, considering always buying clothes for example as a necessity even though this is a desire, replacing a smartphone regularly, for example once a year, is considered a necessity even though this is a desire, and all desires can never be fulfilled because it will only drain our finances and make us unable to save and invest, because humans are always full of desires, sometimes even ignoring needs.

Still, we see people giving in to the never-ending cycle of desire - buying, upgrading, and spending - thinking that these wants are needs. These acts hurt your finances and make it impossible to save and invest. You brought up a problem that people have by nature.

To get more specific, it's important to solve this money problem. Getting educated on money matters and developing discipline are essential. One can tell the difference between basic needs and temporary wants by putting costs into groups and carefully watching how they are spent. Wants can drain you, but a well-thought-out plan can lessen this effect, making money management an art instead of a battle.

[God bless u]

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

A responsible man never waste his money and always think that by using his income in useless activities will make him unhappy one day. I think a person should not work for looking luxurious but he should work to make his life so comfortable that he do not utilize his more energy in earning. Like a person is working impatiently to earn money and then spend money in buying luxurious but unimportant materials then he will have to earn more for basic materials.

Now a days the basic materials are so higher in price that one cannot fulfil his need easily therefore they also have no money to be look luxurious. But some people who still waste their money will regret in future because those who are not saving money in present will definitely see harsh time in future.

[mindrust]

A wise man (R Kyosaki) once said “Always pay yourself first, everyone else last.” That means you should invest first, pay the bills and taxes last. If you make a habit of it, it won’t make a difference right away but over time, in the long run it will create a snowballing effect which is going to make a huge difference. Most people do the exact opposite. They pay their bills and taxes right on the first day of the month. This is a very bad habit. You should dump this habit like recovering from an addiction. Every time you pay your debts early, you are making a big favor to the banks. They are getting richer because of it. Even 1 day matters. Always pay them last.

[uchegod-21]

it still depends though fulfilling financial needs could be really hard if someone is really just all about those luxury brands 

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

People who pursue luxury rather than their actual needs are only satisfying their desire. It shouldn't be a problem if they can actually afford luxurious commodities and services. But where they can barely meet up with their basic or actual needs yet pursue luxury probably due to competition or pressure from the society, I tag it 'foolishness'.

Human wants are insatiable,  this is why we should help ourselves by ordering our wants according to their order of importance. We will fall into deep debts or get involved in illegal activities if we decide to pursue all that we desire. To help ourselves better,  diversifying our source (s) of income will help us live comfortably.

[btc78]

you never know what will happen in the future you can be financially stable today but if faced with a crisis or an emergency in the future who knows how it will affect your financial status? i will never get tired of reminding everyone the rule of thumb to only invest what you can afford to lose there’s still some risk involved in investing so still make sure you have enough to go by every day expenses and some for unprecedented situations like accidents for example invest responsibly everyone

A wise man (R Kyosaki) once said “Always pay yourself first, everyone else last.” That means you should invest first, pay the bills and taxes last.

What a Notable Quote there , really inspiring and educative , thanks for this as I have read this in the past but have almost forgotten , now I will surely put this in mind in top of everything.

[Aanuoluwatofunmi]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

[so98nn]

Totally agree and let us not forget how hungry we are when it comes to making choices in day today life cycle. What I mean is there is always want of stuff that we like and sometime we are just buying things that look better at the first glaze but turn out to be useless shit afterwards. However we end up spending lot of money on such things all the time.

Sometimes they could be perishable things that we may or may not consume and thus remain unaccounted for the balancing. However there are things that we buy and it could be anything from furniture to a renovation gallery which can not be undone as it could be more expensive. So all we can do is stare and curse the decision.

The salary is locked away on such things all the time. That’s why we need strong accountant who can let us know how much money should go in savings, what are our dead expenses, the emergency funds and everything.

Better yet start doing this as the salary is never enough for us.

[Hamphser]

Totally agree and let us not forget how hungry we are when it comes to making choices in day today life cycle. What I mean is there is always want of stuff that we like and sometime we are just buying things that look better at the first glaze but turn out to be useless shit afterwards. However we end up spending lot of money on such things all the time.

Sometimes they could be perishable things that we may or may not consume and thus remain unaccounted for the balancing. However there are things that we buy and it could be anything from furniture to a renovation gallery which can not be undone as it could be more expensive. So all we can do is stare and curse the decision.

The salary is locked away on such things all the time. That’s why we need strong accountant who can let us know how much money should go in savings, what are our dead expenses, the emergency funds and everything.

Better yet start doing this as the salary is never enough for us.

Self control and discipline would really be that crucial on these kind of moments on which on the time that urge would really be that happening then pretty sure it would really be that hard to resist on doing or buying something specially if you do know that you do have the money that you could really be able to buy on but on the time that you dont have that fund then you would really be that normally be not able to do such thing.
This is why it would really be that so crucial that you should really be knowing on what are the important things to be considered out and what are the things which should really be that avoided.
Its not bad to buy up the wants you do like but everything would really be that needing on that control and of course in speaking about moderation.

If you do have that kind of wish on trying out to buy up everything  you do want or simply does have more money then it would really be just that wise that you should really be looking
for something that do talks about additional income because if you do find yourself that getting short of funds then we arent that dumb on not to know on whats
the best solution for that.

[Bushdark]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

Since we can't meet all our need at once, we can always make sure that we fix things and adjust in a way that it is not going to affect us in a long run. Financial decisions is very important when we make we don't adjust to a lifestyle that would pull us down and make us spend more than what we earn. Our income mostly determined how much we are spending. The amount of income we earn should determine how much we shall be spending. When we try to live above our income level, that is when we are going to be having problems planning and this can cause s a big debt.

[junder]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

Many young people today always prioritize a lifestyle with branded goods with a high price value. They will try to buy it and have it because it is the guidance of the lifestyle of young people now, by having branded goods with high price values they will feel proud to have it and to be seen by others. They can spend all their income just to meet the demands of the current lifestyle and ignore the future that should be prepared from now on. Because one day they will also have their own responsibilities.

There is nothing wrong with following the current lifestyle but the problem is that if they continue to spend all their income to meet the demands of the current lifestyle in my opinion this will not end because they will always feel dissatisfied with what they have or envy seeing their friends who can always buy branded goods with high price values. Of course this is a problem for them, they should be sober and manage their income.
Even though they are still unmarried, of course, there must be preparations made from now on because it is impossible for them not to get married just because they think about their lifestyle, which is as ridiculous as it sounds. High prestige makes young people now compete to have branded goods with high price values.

[johnsaributua]

Managing money is indeed an art in life, being aware of the flow of personal money is simple but not everyone cares about it, basic needs and desires whether daily, monthly or for other purposes will always be there to be fulfilled, of course it will be a focus leak because it will focus on expenses and desires.

Starting to buy bitcoin is the best way, regardless of the amount, try to minimize the example of buying bitcoin daily, for example, $5 / $10 or maybe once a week, the point is that satisfaction occurs because of habit, if you see directly with a large nominal this will make a big speculation too because for beginners may be afraid of buying the wrong position, long time will be collected in a matter of months and must be done consistently, just think when buying bitcoin like you spend money on needs that you think are not important and don't need to think about it, just keep your wallet and exchanger data safe to make regular purchases.

[shinratensei_]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

the thing with desires, that it will inflate with the rise of our income, thats why the statement that meeting all our desires at once will never suffice with our salary because even with high income comes inflated lifestyle.
its better if we manage, after all managing money is really important these days when everything is rising in price. that way distinguishing basic needs something that we need primarily with just desires could save us grands.
buying latest iphone is definitely a cool thing but do we need it? the previous lineups of iphone has been decreasing in price by a lot and still sufficient enough for daily life, that I think disntiguishing the basic needs.
knowing whether the stuff that we wanna buy is just waste of time or truly could be a good investment.

[bayu7adi]

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

People stuck in this kind of lifestyle rarely earn recognition from any wise individuals. even someone who's more honest and straightforward tends to earn more respect than those with a fake high wealth, which isn't genuine wealth because they can't even distinguish priorities.

In some cases, there are people who get lucky due to these foolish actions. their high lifestyle, even beyond their earnings, puts them in the circle of rich folks who often offer opportunities regarding potential financial gains. But this isn't common, and it probably relies a lot on luck.

if I had to choose, I'd be wiser by prioritizing essential needs related to my health and education. i'd fulfill my lifestyle desires once my basic needs are met.

[demonica]

And let's not forget the fact that it's also natural for humans to keep wanting more (and even more expensive) than their previous desires once they acquired or achieve what they needed or want. It's like, we cannot be satisfied with what we have cause we will keep on looking for something that we don't have. That's why even the rich people, they don't just buy all the things they want whenever they want.l just because they can. Even them, they take some time and would still save money before buying stuff even if they can afford it at that moment.
And that's how you keep your money circulating without exhausting all what you have. What more for an average earning person? Since they'll have to think of their future expenses and needs. It's really impossible. Maybe if you spend all of your money within just a day on your desires, you'll get satisfied. But that satisfaction will probably just last a day and not even a month. So after that satisfaction, you'll end up having another sets of desires... And we can't live on spending all of our income on that.

[Dickiy]

Indeed, there are some people who force themselves to look luxurious so that they buy things that are not commensurate with their income and they will have difficulty meeting their needs because they use the income they have for things they don't need.

Everyone must of course be able to differentiate between their basic needs and things they don't need so that the income they earn can meet their needs and must also manage the income they have so that they don't use it for things that are not important.

People stuck in this kind of lifestyle rarely earn recognition from any wise individuals. even someone who's more honest and straightforward tends to earn more respect than those with a fake high wealth, which isn't genuine wealth because they can't even distinguish priorities.

In some cases, there are people who get lucky due to these foolish actions. their high lifestyle, even beyond their earnings, puts them in the circle of rich folks who often offer opportunities regarding potential financial gains. But this isn't common, and it probably relies a lot on luck.

if I had to choose, I'd be wiser by prioritizing essential needs related to my health and education. i'd fulfill my lifestyle desires once my basic needs are met.

Honestly, I don't really understand what the reason is for those who flex their lives, but what is certain is that they want to show off what they have when in fact it is false and does not match their real life, no other purpose may be like what you said that they want to get recognition from society that they have luxuries that are rarely owned by others. Honestly, there is no positive impact of this action in my opinion and it will probably only add to their life pressure by always insisting on things that are beyond their abilities. Yes, it is true, usually those who are more honest and open will be more respected by others, people are impressed by their simple and ordinary lifestyle even though they actually have more ability in financial terms.

Regarding lifestyle, in my opinion, it will always depend on each person's character and there are also other factors that can make them end up having a high lifestyle, one of which is being in a luxurious environment. On the other hand, this mindset and action is quite dangerous for themselves because obviously in terms of management it is not balanced, especially when their income is lower than their lifestyle, it will only make themselves depressed.

I think another factor that is also involved is those who cannot distinguish what is meant by needs and wants, usually people like this will always have a strong reason when defending something in terms of their desires, even though it is clear that it is completely useless and cannot have any positive impact on their lives. So yes it's true as you said, it's better to be wise in living life, adjust your lifestyle to your income, after all other people will not care if you experience financial problems because of a lifestyle that is too high. You can only follow your ego and desires if all your life needs are met, it's better.

[Rockstarguy]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

Our problems will always demand money but it is always important to go after the primary things money is needed for that is the most important things and not to put too much pressure on one's self because their is no end in solving financial burdens , it always constant. Knowing that their are always challenges that will be solve with money it important of having plan of another source of income to be able to encounter the problems.

Solving needs or meeting up desires is not something that can be done at once, what is most important is to meet the primary needs, this is what is most paramount in life.

[Fara Chan]

A responsible man never waste his money and always think that by using his income in useless activities will make him unhappy one day. I think a person should not work for looking luxurious but he should work to make his life so comfortable that he do not utilize his more energy in earning. Like a person is working impatiently to earn money and then spend money in buying luxurious but unimportant materials then he will have to earn more for basic materials.

People who like to think logically when spending money will always make considerations when using money and spending it in any place so that the real benchmark is not how luxurious an item is, but how important the item is to them. A closer example is like staple food which should be considered important even though it looks a bit less luxurious, but as long as the staple food can make him full and eliminate hunger and is healthy enough to consume, I think it's much better than luxury food. only wins through the price, which is expensive.

Now a days the basic materials are so higher in price that one cannot fulfil his need easily therefore they also have no money to be look luxurious. But some people who still waste their money will regret in future because those who are not saving money in present will definitely see harsh time in future.

Every thing that everyone does will have its own reward when environmental and economic conditions begin to change from good to bad. So don't care about what other people do as long as it is not good to follow or give an example, but instead continue to do things that can make us feel comfortable enough with simple things. As long as it can overcome excessive difficulties in our own living environment, because everyone who wants to live happily and comfortably must always prioritize the things they need most in life even though that sometimes looks luxurious in the eyes of a small number of people.

[flyingcarpet]

We may try to manage our wants which are the secondary demands we have but not that important, but the needs are the most important and urgent part of what we have ahead of us and needs to be settled, spending ones entire salary will not solve the problem beca such will only persist on and we cannot finish them all, what we can do is to help increase in our own personal source of income in other to help meet up with the needs and also having some savings to keep from what we earned as income.

Our problems will always demand money but it is always important to go after the primary things money is needed for that is the most important things and not to put too much pressure on one's self because their is no end in solving financial burdens , it always constant. Knowing that their are always challenges that will be solve with money it important of having plan of another source of income to be able to encounter the problems.

Solving needs or meeting up desires is not something that can be done at once, what is most important is to meet the primary needs, this is what is most paramount in life.

A person's needs do not end easily, but a person can save money by limiting these needs. We cannot limit our primary needs, but we must learn to save on our other needs.

It is not appropriate for a person to put pressure on themselves financially. People do not want this to happen, but sometimes it can happen. As a precaution, the person should regularize his needs and, if possible, increase his income.

[summonerrk]

~~~.

It is necessary to be able to be content with little, as for example the Swedes or Fins do. They buy only necessary and practical things. I can answer that, therefore, we constantly have a desire to spend and spend money, even when we buy everything we dreamed of. The grandfather is that according to Maslow's pyramid, if we satisfy the needs of the lower half of the pyramid, such as safety and food, then our needs are intelligently rearranged into the category of Comfort. And then many people buy iPhones, go on vacation to hot countries. And the paradox is that it is better to invest this money and get financial independence. But almost everyone will spend money without thinking about investments.

[Spaceman1000$]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

An individual can only save some money if he's been able to meet up his/her daily needs or bills, but a situation whereby the take-home pay doesn't take you out of the gate of your company or the institution you work for, you see that there will be some lacunar in the financial stability of that individual. savings is exclusively for those that have enough earnings for themselves, if you earn peanut, you cannot save any money, except you try to strain yourself. The other day, I overheard someone saying, "the cost of living is killing the living". That is a hypothetical statement,  which literarily means, expenses have surpassed income. Believe saving for the rainy days is good, but it can only happen when you begin to reach some financial balance ⚖️.

[goxcraft]

The more you get the more you want. That's how most of thinks. The desire to have everything is infinite.  That's why we see, even the richest mans are fighting over billion of billion money. Although they have enough for his family to last for a lifetime, he wants more. It's a never ending cycle. To give you a example, let me tell you about the latest Iphone 15. The Iphone 14 and 15 are very similar, basically a clone. If I had Iphone 14, I won't buy 15. But still, many are upgrading from 14 to 15, even thought there aren't anything to upgrade. You knew that but still wanted that. That's how human mind works. Even if one had everything, it won't be enough.

[Dr.Bitcoin_Strange]

savings is exclusively for those that have enough earnings for themselves, if you earn peanut, you cannot save any money, except you try to strain yourself. The other day, I overheard someone saying, "the cost of living is killing the living". That is a hypothetical statement,  which literarily means, expenses have surpassed income. Believe saving for the rainy days is good, but it can only happen when you begin to reach some financial balance ⚖️.

Based on your opinion, as you have said, I indeed disagree with you, Spaceman1000$ . Saving should not only be practiced by those who have a financial balance or those earning a huge salary. If you can't save when you are earning little, then how will you be able to save when you are earning huge? The lifestyle of saving is a habit that we cultivate in ourselves through discipline, and if you can't cultivate that habit of saving or investing when you are earning little, you might not still be able to save. There's a slogan for crypto investment: "If you can't hold, you won't be rich." I also mean to tell you that if you can't save to invest or save for a rainy day, you will not even break out of being financially free. Problems don't finish, needs don't finish, and bills keep coming over and over. So, it's left for you to skip some needs, leave a very simple lifestyle, and don't act to proov that you are very important to people depending on you because even if you're not there, they will absolutely survive.

[Lanatsa]

savings is exclusively for those that have enough earnings for themselves, if you earn peanut, you cannot save any money, except you try to strain yourself. The other day, I overheard someone saying, "the cost of living is killing the living". That is a hypothetical statement,  which literarily means, expenses have surpassed income. Believe saving for the rainy days is good, but it can only happen when you begin to reach some financial balance ⚖️.

Based on your opinion, as you have said, I indeed disagree with you, Spaceman1000$ . Saving should not only be practiced by those who have a financial balance or those earning a huge salary. If you can't save when you are earning little, then how will you be able to save when you are earning huge? The lifestyle of saving is a habit that we cultivate in ourselves through discipline, and if you can't cultivate that habit of saving or investing when you are earning little, you might not still be able to save. There's a slogan for crypto investment: "If you can't hold, you won't be rich." I also mean to tell you that if you can't save to invest or save for a rainy day, you will not even break out of being financially free. Problems don't finish, needs don't finish, and bills keep coming over and over. So, it's left for you to skip some needs, leave a very simple lifestyle, and don't act to proov that you are very important to people depending on you because even if you're not there, they will absolutely survive.

Yes, it all matters with those small steps on which it would really be showing that on how dedicative you are when it comes to saving up money even if you arent that making huge income or earning big but doesnt mean that you couldnt really be able to save up. Just like on what had been said that what if you would be making that huge income? For sure you would definitely be not considering on saving up further more which you do have mainly in mind, on why you would be saving up if you are earning that much? You would really be that basically be that confident when you are on such condition.

Doesnt matter if you are rich or poor because having savings would really be that something relevant or something that really needs to be done yet we know that there are really indeed situation
or moments in our life on which we do really be able to experience hardship in terms of finances and if you do have that savings then you could really be able to actually save up yourself
on such potential problem. It all matters on how you do able to prepare for these unexpected things to happen which we know that it is really that
inevitable on someones life.

[Raflesia]

Totally agree and let us not forget how hungry we are when it comes to making choices in day today life cycle. What I mean is there is always want of stuff that we like and sometime we are just buying things that look better at the first glaze but turn out to be useless shit afterwards. However we end up spending lot of money on such things all the time.

Therefore, it is important for us to manage our finances well because the sense of desire with items that are not really needed for ourselves starts because we have money but we are not good at choosing conditions when our financial management is not good so that we always think of getting what we want not what we need.
That is indeed a pure instinct that appears to everyone but in this case when we can control ourselves well and manage finances properly such things can still be minimized.
Not that it is not allowed because it is also a secondary need as well as to provide self reward to yourself but it would be better if things like this were a little limited and a little reduced.

[Gozie51]

The more you get the more you want. That's how most of thinks. The desire to have everything is infinite.  That's why we see, even the richest mans are fighting over billion of billion money. Although they have enough for his family to last for a lifetime, he wants more. It's a never ending cycle. To give you a example, let me tell you about the latest Iphone 15. The Iphone 14 and 15 are very similar, basically a clone. If I had Iphone 14, I won't buy 15. But still, many are upgrading from 14 to 15, even thought there aren't anything to upgrade. You knew that but still wanted that. That's how human mind works. Even if one had everything, it won't be enough.

I understand the example you gave using iphone 14 and 15 but that is still base on choice. Some people don't have money to eat but they like to use big phones so that is just preference. Like I saw on interview sometime last year Sadio Mane was seen with a cracked iphone around 2020 but that wasn't his priority but he was desiring to take care of his people, provide them with social amenities etc.

Well human have different things they desire and it will never stop to be that way, that is why the economic theory say human wants are insatiable but it is the means to get to such wants that are scarce and as a human, we keep striving to get them.

[oktana]

First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

Very credible contribution though I don't know if it is intentional, but you keep saying needs instead of wants. There's a big gap separating those two. Needs means that what you speak of is non-negotiable, it is essential and is a priority. Whereas wants are desires or let's say preferences, and they are optional. In this case, you can't be talking about need because it's essential to get food, clean water, shelter, healthcare, etc. If you ever spend on one of your needs and another suffices, just know it was bound to happen because you don't get to choose what you must do. So, if someone buys an iPhone, it's likely cause they just want it and that's the window to invest in BTC.

[Youngkhngdiddy]

The more you get the more you want. That's how most of thinks. The desire to have everything is infinite.  That's why we see, even the richest mans are fighting over billion of billion money. Although they have enough for his family to last for a lifetime, he wants more. It's a never ending cycle. To give you a example, let me tell you about the latest Iphone 15. The Iphone 14 and 15 are very similar, basically a clone. If I had Iphone 14, I won't buy 15. But still, many are upgrading from 14 to 15, even thought there aren't anything to upgrade. You knew that but still wanted that. That's how human mind works. Even if one had everything, it won't be enough.

  Well you know you can’t  blame those who goes for the latest version of things when it comes out the reason why they are going for it in the first place is because they can afford it. When you have your money you can choose to do anything you please to do with it. Some people are just shopaholic in nature, they love to just buy new things. Every one with their different priorities and taste.  There’s no need talking about someone who already has the desire to upgrade to the 15 because even after talking and given the person own peace of advice at the end of the day the person will still carry out his choice. Some people prefer to use the latest version of gadgets, it not that they are trying to show off or anything that’s just how they are and that’s their desire.
  Unless you want to break your bank or maybe starve yourself till you have money to finally buy the 15 then that’s spending unwisely, we still have some people who just want to feel among just to feel accepted by the society. People who make this decisions are just insecure and they have low  self esteem they need to work on cuss when you start listening to what the society has to say about you. Just remember you can’t please everyone and when time comes when you can’t please them those same people praising you will still be the same people to shame you. There’s no need to be in competition with anyone be contended with what you have and be proud of what you have no matter how  little that thing may be.

[goxcraft]

  Well you know you can’t  blame those who goes for the latest version of things when it comes out the reason why they are going for it in the first place is because they can afford it. When you have your money you can choose to do anything you please to do with it. Some people are just shopaholic in nature, they love to just buy new things. Every one with their different priorities and taste.  There’s no need talking about someone who already has the desire to upgrade to the 15 because even after talking and given the person own peace of advice at the end of the day the person will still carry out his choice. Some people prefer to use the latest version of gadgets, it not that they are trying to show off or anything that’s just how they are and that’s their desire.
  Unless you want to break your bank or maybe starve yourself till you have money to finally buy the 15 then that’s spending unwisely, we still have some people who just want to feel among just to feel accepted by the society. People who make this decisions are just insecure and they have low  self esteem they need to work on cuss when you start listening to what the society has to say about you. Just remember you can’t please everyone and when time comes when you can’t please them those same people praising you will still be the same people to shame you. There’s no need to be in competition with anyone be contended with what you have and be proud of what you have no matter how  little that thing may be.

I just used that as an example. Yeah you are right, if you can efford it, why not. Upgrade it. But is it necessary? If your current things fulfilling your needs perfectly, then no. But still some would upgrade from 14 to 15. I'm saying this as the common people. If you have more then enough, then spend it. It's your money. But if you were someone who is in a fixed salary budget then you should reconsider.  Currently I am earning enough for me and my family. I too want to fill my desires. But I don't. I am concern of me and my families future. You'll see a lot of people, who can't feed themselves properly, shelter themselves properly, but roaming around with iphone 15. That's the people I was reffering to. We should be grateful to what we have. If you looked below you'll see a lot worst. I have more than enough to buy multiple things. But I won't. I don't need to.

[Biznesmen]

Needs and wants are the reasons that we live, but don't be greedy. Each person's desire is different, and they have their own reasons for that too. So we can't literally tell that you're craving unnecessary things and spending really on stupid things. Because each person has the right to decide and no one can judge that, even if we feel their choice is absurd, we can give them advice about investment and tell them it's the best option for your future and your long-term needs. You can advise them on how to become financially stable. At the end of the day, it's all their choice.