I am forgetting the value of money.

[Ucy]

That typically happens when money earned is not deserved. When we earn from our good work, we spend prudently. If the work is not good or well done, it's a sign the worker does not deserve the right wage as it will likely be spent wrongly.

A worker who does his work well in a good business/job will be wise enough to spend money earned from it prudently.

People should do good works and be paid what they deserve if a society wants more prudent spenders. Before you pay your employees make sure they have done their works right. And this will require the use of Proof of Work before rewards are given... It will make people work harder. The best place this could be practiced is on decentralized and trustless system like Bitcoin where proof of work is required before reward is given. If you could develop a "Workers System" that is according to Bitcoin principles and ask the workers to develop faultless solutions to a given problem... And everyone is free to review each other's work for issues. The solutions with the least issues get more rewards...The consensus method for reviewing each other's work is Proof of Work.    If done right, people will most likely earn what they deserve. And the money earned would be well spent.

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[mindrust]

There are trillions of dollars in circulation now. Note that it is only the dollar… there are also euros, pounds etc… hundreds of thousands of billions and billions… The central banks printed so much money, the inequality between the rich and the poor became huge. Do you know what’s the minimum wage in Eastern Europe? It is around $500. Imagine there are people in Europe, which is one of the most prosperous continent in the world, have to live a life with $500/month. And then there are people who spend $500 for something silly without blinking an eye (could be a lunch, hookers whatever you name it) For some people $10k is big money, for some others it is just what they make in a week (passively)

[tjtonmoy]

In order to feel the pain of the other, you need to go through that same pain. If you are never hungry once in your life, you will never know how it feels to be hungry. So the importance of money could only be realized when you have none. Set aside all your money and then try to live your daily life. If you can manage to go through that, then you will know how it feels and how important money is. As everyone said, "You never know until you try it."

People only tend to value food once they have suffered through the pain of hunger. Everything works the same way. You can never understand the importance of something unless you lose it. Try to limit your spending to only things that you need. Everyone has their own type of hobbies, but some of them doesn't worth spending money. Only spend when it is necessary. You could also set a strict budget that will help you go through your expenses and will also help you save money. Here is a trick to do it. Every time you are doing something like saving money, count from 5-4-3-2-1 and then just do the work. If you don't do that after the countdown is done, then the idea kills itself. So make sure you do what you are trying to do after the countdown is over. You should start immediately.

[xSkylarx]

What can I do to remember the importance of money and spend more carefully?

Make your social media news feed flooded with news about the economy and watch documentaries about poverty. You'll be shaken up by things you see and will make you thankful for your current situation and not spend on useless things. One of the reasons for our impulsive spending is our emotions which derive from what we see on social media. We want what we see even impractical things, but if you are watching videos that have knowledge you can get on and not those toxic people bragging about their stuff you will be awakened by the reality that others struggle to earn it but here you are spending it on irrelevant things.

[|MINER|]

We all should respect money. If you don't respect money, you have to go ahead and face many dangers. You should understand your needs well, then spend. Money is a very valuable resource.  It is not a wasteful thing.  You should spend on the resources you need.  There are many people around us whose $5 is 7 days worth of food.  We should all be frugal, but we can't ignore entertainment.  Entertainment is very necessary in everyone's life. If you have enough capacity then you can spend for entertainment. But it must be within your financial capacity. If your income is 100$ then surely you cannot spend 50$ for entertainment. From 100$ you  5$ can be used for entertainment.

[Ultegra134]

Don't stress about it too much; it doesn't lead anywhere. You made a purchase to help yourself, and sometimes it's necessary to take a break from time to time. However, if you catch yourself resorting to unnecessary purchases even though you're struggling financially, then you need to step up your game and better manage your finances. You ought to be saving a portion of your salary towards an emergency fund and, if possible, investing, which is likely to lead to a potential source of income in the future. If you're lower-class, then it's likely you cannot afford to invest, but at least try to avoid unnecessary expenditures and build yourself a savings account.

[aylabadia05]

What can I do to remember the importance of money and spend more carefully?

In the same situation as you, the effort I will make to remember the importance of money as a means of payment is to save and organize financial management as much as possible.
There are many cases that occur related to financial difficulties experienced by people to meet basic needs, even to buy a cigarette, they don't have money other than asking other people.

From this case, those of us who may have a steady income even though our economic status is at the lower middle level must try to save by investing. Saving and investing will be a life-saving option when our financial condition is really dying.

[ZAINmalik75]

In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This realization struck me when I observed a lower middle-class woman desperately asking to borrow less than $1 for nearly 10 minutes, enduring shameful comments from the shop owner. She needed to borrow this money because her husband wasn't earning anything, and their financial situation was such that they didn't have the luxury of saving; they earned daily and spent daily.
What can I do to remember the importance of money and spend more carefully?

We all have faced such a situation when we first started to make money. We faced a lot of new things when we started to make money and problems that we had not expected. I also got experience that I did not expect, and then I came to realise that problems do not occur only in poverty but also occur when we have money.

I also came to get this thought and try to help others as much as I can, because all we can do is help them. Or the most we can do is help them enough that they will start to make money too.

If you want to keep track of your past and do not want to spend money on things you don't want to, then just keep track of your money and how much you are going to save and spend. Because when you start to calculate your money and give it a second thought before buying anything, you will automatically become moderate in your buying.

[Negotiation]

Financial problems usually happen to everyone so saving for the future is important to deal with emergencies. Money management is an important aspect of our lives that we should all strive to improve this involves making a plan and sticking to it as well. By effectively managing your finances you can avoid debt increase savings and achieve financial freedom. This allows you to enjoy more security in your life if you set aside cash for emergencies you have a fallback if something unexpected happens. If you have savings set aside for discretionary spending you may be able to take risks or try new things.

[philipma1957]

Yet today people keep wasting money to subscribe to Netflix to waste more time watching movies. $20 for a premium plan every month.

The financial situation will get worse as more are jobless while companies are going bankrupt. Everywhere in the world is not working well, people now have been trying to make it with 2 to 3 jobs at the same time to make ends meet while they start getting used to having 2 meals a day.

20 A MONTH FOR NETFLIX is terrible for some, but for others it could be smart. 100 a month on Starbucks is a larger issue.  Many people get 5 lattes a week for 25 bucks x 4 weeks = 100 bucks.

I can make good coffee in my home for 8 bucks a week or 21 a months add the Netflix for 20 and I am at 52 a week vs the 100 for Starbucks and no entertainment.

Leisure spending is complex. If I watch 3 chick movies a week with my wife and it pleases her. She in turn may want to please me more often each week  which is well worth it. ($20 a month on Netflix)

[el kaka22]

Forgetting money's value is because of the gap between the hard working class in a low level economy nation versus a child at some big nation like USA. You could be a doctor in a third world country and make far far less than some uber driver in the USA. You could literally be a 16 year old (don't know if they are allowed or do they have to wait until certain age) and have drivers license and start Ubering at USA, maybe Uber doesn't let 16 year olds, they can have a license but not sure about the Uber thing, but basically 16 or 18 or 21 doesn't matter, and still make x10 more than some doctor in a third world country.

I have seen people making as much as 5-6k a month, obviously there is gas and depreciating car costs, but it is still good chunk of money, doctors make about 1k here where I live, that difference makes it hard to comprehend why you worked all your life for something and a kid can buy it driving people around while you are not capable of buying the same thing.

[bocyaj]

Money was the most valuable asset in this world,even you can buy the human love by the money.The strategy saying many subscription to the music and movie was made by the lower middle class and upper middle class people.The music and movie subscription in the developed country was free of cost.If you want to know the value of the money,you may ask the same money to your friend as the loan.Then you come to know the exact value of the money,then you won’t waste the money in the movie and music subscription.

[usekevin]

The money circulation was increased in two sects,one after the independence of all the country from the colonies.The each country had build their own currency and export to increase the flow of their currency.Exactly the money flow was started in 20th century and dollar was the dominating currency all over the world.The reason was the dollar was accepted coin by the most of the country in this world.The Euro zone was managed buy the Euro and Eurozone was highly protected by the other countries in the Euro zone.

[panganib999]

I can't say it's your fault really, cause when you've upgraded from a lower income class to a higher one you're seeing all the differences in lifestyles and capabilities that were once inaccessible to you. This gives you the impression that you have way more money now, and so you can afford to spend as much money as you can without having to worry about the consequences. But just because it's not your fault you're still adjusting to a new lifestyle doesn't mean you have to keep at it and indulge. Money doesn't come and go, it comes and you have a choice if you want to let it go my friend. In that case you should always find ways to teach yourself financial literacy or else the money you have right now is going to fade away no matter how much you earn.

[Queentoshi]

What can I do to remember the importance of money and spend more carefully?

In one of the coming days, take out some time to go visit places where there are many people living in lack and just struggling to just be able to afford the basic meals to survive. There are people who really are needy and are need of that little money that we can tend to overlook because we have more. A visit to these kinds of places will remind you of how far you have come and how wasteful you have become. It will help you to reorganize your finances to cut down on wastage.

[Fortify]

In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This realization struck me when I observed a lower middle-class woman desperately asking to borrow less than $1 for nearly 10 minutes, enduring shameful comments from the shop owner. She needed to borrow this money because her husband wasn't earning anything, and their financial situation was such that they didn't have the luxury of saving; they earned daily and spent daily.
What can I do to remember the importance of money and spend more carefully?

The value of money is forever changing and it's constantly shifting between all the currencies of the world. You have to learn to be dynamic and flexible in your lifestyle, it sounds like you're making these observations which is a good start. There are many super stores in competition for example and you should always be checking out the competition if you feel one has started to raise prices far too quickly. I've noticed it in my local area, one got taken over by private equity and they resorted to price gouging after borrowing massive amounts of money to fund it, however there is a lot of competition around which they underestimated. They were able to raise prices for 6-12 months,  but lost a large market share and started to drop prices heavily, but it's already damaged their reputation.

[Ryu_Ar1]

In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This is one of the human traits that is bound to happen to everyone who has earned money because there is a form where we always think that we will always feel less in terms of needs as the money we have increases.
I think everyone must have felt something like this where when the money we get per month is bigger than before then our needs will also increase over time.

This is a normal thing but it should not be a habit because it is a bad behaviour where we slowly become someone who has a hedonistic nature along with high income.

It is difficult to anticipate this where one of the reasons is our lack of wisdom in determining attitudes and trying to buy what we want instead of what we need.

[Sim_card]

The cost of living then that you don't have phone isn't the same as now, because inflation has skyrocketed the price of things now, with high unemployment rate it makes it difficult for the low-class people to coupe with. If you want to spend wisely, so that you don't end up spending so much on things that are not needful. you should look back to how you do live your life then that you don't have a phone and copy from the way you do your spending and continue in that pattern. Maybe that will help you to minimize excessively spending and use the funds that is left after trimming down your expenses to buy bitcoin. Because if you have an investment like bitcoin that you are DCAing every weekly or monthly, it will bring profit for you at the long term. If you have such target in mind, it might help you to limit your spending because you have where to put in your funds.

[CODE200]

In my country, even $5 is considered a reasonable amount for the lower middle class. I spent $5 to purchase a seemingly worthless movie or music subscription, and I fall into the lower middle class category myself.

I've begun to realize that I may be losing touch with the value of money due to exposure to the vast sums and high salaries of people online. In the past, when I had no access to the internet and a phone, I used to carefully save every cent and think twice before spending just $1. However, now I find myself spending more without a second thought.

This realization struck me when I observed a lower middle-class woman desperately asking to borrow less than $1 for nearly 10 minutes, enduring shameful comments from the shop owner. She needed to borrow this money because her husband wasn't earning anything, and their financial situation was such that they didn't have the luxury of saving; they earned daily and spent daily.
What can I do to remember the importance of money and spend more carefully?

I think this is because when we experience luxury for the first time, we crave for more. The moment we got high salaries compared before, our wants and needs in life also increases. Thus, making us spend our money more casually than before and without having a second thought. Which I think is completely fine, as long as you are spending your money on things that gives you satisfaction because you are the one who worked for it. And as long as you don't spend more from what you are earning, and for me you're good.

To answer your last question, one thing that I always did to remember the importance of money is I look back on my life before.  And see my younger self who is not able to get the things he wants because of the lack of money. And this one helps me to spend my money carefully. I think this is also a good reason to treat yourself sometimes, like what you have just said by purchasing a movie or music subscription, because you just wanted to please yourself and I don't see anything wrong with that.

[tabas]

Spend it wisely on the things that you truly need. You don't have to restrict yourself from spending on things that are like for entertainment as long as that amount isn't going to eat a lot of portion of how much you've got. But if you're in that shoe where you barely afford to earn that amount, you must really tighten your pockets. Just remember the hardship that you've dealt with before and how far you've come now. It is okay to help other people to stand on their own when they're in need. Not everyone is fortunate as you at this time and I think that's enough motivation for you to be careful and remember how you should spend your money wisely.

Say, shop wisely, but at this stage the definition of being wise in shopping cannot be measured evenly. For the lower middle class, they do not have sufficient shopping options because to fulfill their daily needs they need to sacrifice other needs. In this way, there is no shopping wisely unless the shopping costs are still low.

I understand the situation but that's how people should go with what's happening in this world. Being wise is still there and you have to make the necessary sacrifices if there's a need to. And as you have said if that's not enough, the only way to go is to increase your source of income.
If you cannot minimize some of it then all you need to do is to find ways and have other side hustles for that income will be your solution to the rising prices of goods and you'll also have that mindset that you're working hardly to earn that money for your expenses.