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

[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.