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

[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.

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[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.