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Author Topic: Imaginary Future  (Read 858 times)
libert19 (OP)
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November 18, 2023, 03:41:54 AM
Merited by pooya87 (2)
 #1

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

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November 18, 2023, 04:33:53 AM
Merited by Ever-young (1), cafter (1)
 #2

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
In as much as saving is good it doesn't warrant you not having/living a good live. I mean you have to live for the present before the future if you're not alive today how can you then live in the future your investing/or saving for, one can not always invest in every circumstances or event you have to always get the essential needs. That you have to spend on yourself or take care of yourself does not mean spending unnecessarily or living a luxurious/or extravagant life.
Additionally, what is the future? Your future is your next minute not even exactly what we in our subjective reality see it to be, every minute of our live that we do not know or can not predict is a future because years or months before today you called today a future so live your live now because you don't know tomorrow. This is a popular saying that "Nobody knows tomorrow" so why suffer so much when you have it already just for the fact that you wanna save for a  future! Nah!.
Invest but don't die while investing. In my country there is what is popularly known as "next of kin" this does not just mean the normal next of kin but there is an extraordinary meaning attached to it, if you don't spend or take of yourself today (present life) one next of kin who do not know how you suffered to make this money or investments will spend it all when you're no more. So be wise and not be over conscious of the future.

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November 18, 2023, 04:40:16 AM
Merited by pooya87 (2)
 #3

over a decade ago. (pre bitcoin) i was frugal but my mindset was that my "wants" were NEEDS. like i needed certain entertainment TV packages for movies and tv series. i needed to enjoy fast food as its more convenient then self cooking, i needed to go to the gym, sports clubs and night time activities, i needed X time off for vacations.. nothing was a want, everything felt as a need

then i got into bitcoin, and decade later im set, retired early and have no money worries

that said, im still frugal. where i dont see "needs" i just see wants. and now i question those wants and realise i dont need.

it can feel good to walk into a restaurant and know you can afford anything on the menu but buy the basic meal..
it can feel good to walk into thrift/charity store knowing you could afford the whole stores produce at their original unused retail rate, but you are buying the same thing second hand (i also do new retail price.. but i do enjoy frugalness too)
it can feel good to walk into a car dealership knowing you can buy their newest model full price, but then asking about their ex-display/ex-owned/trade-ins

just knowing i can doesnt mean i should

i still travel and enjoy experiences but i just dont have the "need" weight on my shoulder. and i realise how wasteful my "wants" were

some times the knowing i can but not needing too is a positive experience more so then going ahead and buying the luxury to fill a emotional hole some people have

i still spend, dont get me wrong. but my habits remain frugal and i still invest, and i do question my purchases even if i dont have to

best advice is.
look for things in life that make you happy. then do them. knowing your investments are also happening side by side so you get to look after yourself now and in the future

there is nothing wrong with being frugal about wasteful spending,, if you then spend on the things you really enjoy too

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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November 18, 2023, 04:54:15 AM
 #4

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I suppose that sometimes I feel that way, however when looking at the things I wanted to buy at the time I get to see that my decision to not buy those products was in fact the right decision most of the time.

Every single day we are bombarded with ads trying to make us spend more money than what we can afford, and while it is necessary to spend some money now in order to fulfill our needs and wants, being able to think about the future and suppress those feelings has helped me tremendously, as when I compare myself with my friends and other people my age I am in a great position, and this will only improve even more once the price of bitcoin goes up even further.

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November 18, 2023, 04:57:50 AM
 #5

Doing everything in limit is worth it if you cross the limit then it will not give you much benefit in anything, same way if you are only saving after sacrificing so many things from your life just like you are not having fun, not fulfilling your small wish which brings you joy and happiness. Never forget your presence to make your future because when you are healthy and wealthy physically and mentally then only your future will become brighter with your hardwork and present savings. Yes, saving habits gives you a better life. You can buy a house, accumulate funds for your retirement, or you can run your family in better condition etc but never forget your present.
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November 18, 2023, 05:23:42 AM
 #6

Do you ever feel like that being after saving or investing for future you forget to live in the present?
Yeah, it is very easy to get caught in a routine and forget to live a little. The worst thing that sometimes happen to people is when they "live to make money instead of making money to live".

You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
It is not a bad thing to want to save or invest your money for the future as long as you have a clear plan not just saving money forever. For example you could be planning on working hard and saving money for 5 years to reach your big goals then from that point you loosen up and start spending more. But if you save money for 5 years then continue not spending anything and invest more and save more, you'd be wasting your life.

Besides, Franky had some good points on this. In a lot of cases people are too lost in consumerism that they think they need something but they really don't.

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November 18, 2023, 05:37:38 AM
 #7

I have the opposite problem. It is not as drastic as others but sometimes I have a habit of buying things that do make me happy for a while and then regret it sooner or later. Especially things related to online entertainment such as games or subscriptions. I tend to get bored quite easily so it is hard to get the best bang for my buck. Fortunately, I do save quite a bit, and I never went as far as liquidating my savings just for that.

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November 18, 2023, 06:11:19 AM
 #8

Include me to be one of them, but I'm not someone who always save every penny I earn.

Mostly I cook by myself because it's cheaper, than buy a cooked food. But I'm feel bored if I always eat my home cooked food as I already know the taste, so whenever I want to experience a new food, I will buy it.

I mostly in home to save money than going outside, but since build or maintain relationship with other people need to going out, I don't mind to spend money for that because it's an investment.

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November 18, 2023, 06:26:32 AM
 #9

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Stability is needed so that we don't get too carried away by future ambitions, forgetting that the days passed must also be taken into account properly. Meeting all your needs from time to time is not easy. People who are successful in saving and enjoying the sweetness of investment can always limit which ones need to be prioritized and which ones can be paused for long-term savings. I myself still feel that this method is very difficult to face all possibilities when I don't have anything and am looking at savings. It comes to the point where bitter decisions have to be taken and the dreams of future investment are erased.

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November 18, 2023, 06:37:13 AM
 #10

Honestly, I've felt it. I want to save or invest without thinking about what I have to prepare for my daily life. And it still happens to me now because I don't buy the things I want. I left it on my purchase order list without knowing when I wanted to buy it.

I am still busy preparing for the future by saving and investing. But I still try to meet my daily needs because I have to survive. I'm trying to make money, dividing it between saving and investing and expenses. I didn't even look at the list of things people were looking for. It's not a very important item for me because I still have other replacement items that can help me.

But if I want to buy the goods, I can go directly to the shop, choose the goods I want and pay for them. I didn't feel it was necessary so I just left it on the purchase order list. What I have to think about is how I can survive in difficult times.

.
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November 18, 2023, 06:44:18 AM
 #11

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

The future is now and you can only think of future when you survive the present. The future belongs to those who survive the present by taking good care of their parents and make themselves happy with things they want. At young age, we say that we are saving for the future, at our youth age, we still save for future and even in our old age, we are still saving for the future. Can we now see that the future is not ending and the reality is that we are saving for next generation or next of kin. I believe in saving of course but the truth is, there is no any future better than now and you should enjoy it to the fullest.

Include me to be one of them, but I'm not someone who always save every penny I earn.

Mostly I cook by myself because it's cheaper, than buy a cooked food. But I'm feel bored if I always eat my home cooked food as I already know the taste, so whenever I want to experience a new food, I will buy it.

I mostly in home to save money than going outside, but since build or maintain relationship with other people need to going out, I don't mind to spend money for that because it's an investment.

This is not about food and if I may ask, how much more do you save by cooking by yourself? There's no much difference if you should consider the time and effort you applied in the kitchen. I do also cook by myself and not because I want to save but because I want to have a test I prefer. I can not suffer myself with stress and low life style just because I want to save for unending future. I will enjoy every bit of the moment while I also save the savable and life goes on.

R


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November 18, 2023, 06:56:02 AM
 #12

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Yep, this is an obvious truth. If not separated, I believe there will be a distinction between timelines, but it has clearly been programmed since we were born. But the preparation that we envision for a future scenario and maybe a more economical spending plan has been discussed, and we have accepted it to achieve the goal of the plan. But imo, most of us are confused about the present and then confused about future life, so there are many things that are not started or missed.









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jrrsparkles
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November 18, 2023, 06:56:31 AM
 #13

You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Actually, I do buy the things I need but I don't buy things I want that is the difference.

I wouldn't say it is an imaginary future, am just taking the most conservative path possible to survive in the uncertain/unpredictable future. Everyone has their different opinions but I always look at the future rather than just living in the present alone.









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DabsPoorVersion
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November 18, 2023, 07:13:54 AM
 #14

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Yes, investing is important as it can be the best way to secure each individual's well-being and can make your life up for long-term stability. Disregarding the things you want to buy for a few years long focusing on investing is just a small sacrifice to achieve this goal. A kind of life without thinking of where you can get the money for your expenses, be financially secure, and enjoy a life that's free of debt. I guess, that's what everyone wants to happen.


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November 18, 2023, 07:23:24 AM
 #15

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I see a lot of people falling into this situation, especially bitcoin investors. They even cut back on daily spending, torturing themselves just to have more money to accumulate more bitcoins.

For me, I don't like that plan or that lifestyle, I prefer to balance my life rather than focusing too much on the future and forgetting the present. Because the present is also the future of the past, and if we keep thinking about the future and ignore the present, we will live frugally until we die without enjoying any of the results we have created.

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November 18, 2023, 07:32:31 AM
 #16

I’ve often found myself caught in the balancing act between planning for the future and living in the present.  The fear of not having enough saved for the future can sometimes overshadow the joy of enjoying the present. Life’s about creating a balance that feels right for you. I know there are always ways to allocate a portion of my resources for both present pleasures and future security. Do you believe that experiences and memories are just as valuable as financial stability? If you enjoy your life now to the fullest then your life is a journey, and if you focus more on your future then your life will be a destination.

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Adbitco
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November 18, 2023, 08:02:11 AM
 #17

What i do have in mind most times is that whatever life I live at the present is always the best life for me because you and I can never tell what the next clock would be so, so while thinking of investment or depriving myself the necessaries I do create out time to do things I love live a good life but not an extravagant life were it would have to affect my involvement in my investment. I make sure to have any necessary equipment or sets that would keep me more lively and ease my stress and thinking despite ones involvement in any plans or future savings we need to value every single moments of our lives so what I does is to balance to both side not slack on any side. I don't think much of investment or thinking much of luxury rather I do balance the both to have a better life and experience.

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November 18, 2023, 08:28:49 AM
 #18

No i don’t think this way

there are plenty of ways to have fun without the involvement of money i feel much secure and safer knowing that i have money invested for my future that way i don’t spend my days rotting in bed worrying about what could happen in the future 

learn how to find the balance between taking care of yourself and depriving yourself of things you don’t need

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November 18, 2023, 08:40:09 AM
 #19

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Sometimes when you look at your dependents, especially the children you feel like keeping all you have ever earned for the future. In some cases, you deprive yourself of some important needs just to ensure that the children have a financially secure future. Yes, sometimes I feel that I need to spend on myself and forget about the children occasionally. But I have also realized that as much as I have all I need to survive, that's okay for now. The most important thing for me now is my health that's why I can do everything possible to remain healthy.  I also ensure that I live in a comfortable house, eat healthy food, drive good cars, and wear comfortable clothes. But when it comes to secondary needs like designer clothes, expensive gadgets, vacations, etc, I prefer to to keep saving for the future rather than spending on them. I also assume that my perception might be that I am not earning enough to spend on pleasure.

R


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Plaguedeath
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November 18, 2023, 08:47:27 AM
 #20

I believe such people life isn't balance because they're always try to make sure they're not in lose.

If you're a Christian, you need to pay tithe aka one-tenth of your money on your local church. If you have more money there's nothing wrong to treat your friend once a month or having fun like gambling or buy expensive stuff.

Of course life is a choice, but don't forget when you're not care with anyone, don't expect they will care about you.

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November 18, 2023, 09:39:52 AM
 #21

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Its so sad typical life when investing all money in the future but forget to enjoy their life without spend any more for buying more expensive, its not difference kinds between people stingy for their self and keep hold their money for the future. Not wrong when saving money for the future but you don't have stop for buying anything right now and spent of your money for travelling, some people have bad ideas working hard but they are not enjoying what their working after put all in saving assets in the future.

Can't predicting how many years later we will life, enjoy what your achievement right and spend few percent for investing or saving fund in the future without have stop all from buying any expensive product until not enjoying yet for travelling. Have make balance with our salary or our money between spent for daily day needed or enjoy it and spend few percent for saving assets in the future.

R


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November 18, 2023, 10:20:38 AM
 #22

Actually it all depends on our position when saving and investing, and I do both and prioritize the investments I plan for the future and also when I really need them and use them according to my needs.
I already have a family, of course the needs of married people and single people are very different, especially in terms of their needs. And I'm not very frugal with money and I always put my family's needs first, and if it will make them happy, I will do it because I want them to be happy. Because I make money for them, and this is also important for the future and I think this should be balanced and also supported by income.

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November 18, 2023, 10:22:03 AM
 #23

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Investing is a necessity so that someone can get a better future than today, but investing must also be accompanied by good financial management, so that you don't experience difficulties in the present because you prioritize investing for your future. never use all the money you have to invest, also think about how you will get through your day, if the investment you make makes it difficult for you to live today then you are making a big mistake, if you have a long term investment plan then think of it as your savings.



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November 18, 2023, 10:30:38 AM
 #24

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I'm at this age wherein I always prioritize my savings and investments rather than buying stuffs that I really want because I know how important investment nowadays but sometimes I just treat myself with the foods that I want and at least once a year out of town vacation to ease the burn out in work but still I know my priorities that's why I always do a wise budgeting and maintaining my spending habits. I highly to invest as early as you can so that in the future, you will get the financial stability that everybody wants.



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November 18, 2023, 11:00:56 AM
 #25

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
It's because we're thinking of tomorrow and forgetting the present. This is the delayed gratification that we're having.

We understand that we need to live better tomorrow than of today and we're not just going to live just this day and there's more to come in the future.

If you're fortunate and able to do things that you want today and you're not sacrificing your future and your present life, you're living the life.



.
.BIG WINNER!.
[15.00000000 BTC]


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November 18, 2023, 11:08:46 AM
 #26

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I was once like this, I deprived myself and my family alot of good things we wanted or needed, and this was all because I was forcing myself to try to hold some money in crypto as investment.

This really affected us, it affected my family, at a time, I had to just take a step back and relax a bit, I decided to take things easy and today, I am happy, my family is happy, and I also have some good amount of money as investment.

This experience made me at the time believe that, sometimes, its hard to achieve something we are forcing ourselves to achieve, this is not saying that it's bad for one to discipline him or herself, but then, we should not on the process deprive our family the good life they deserve, so it's important that we learn to balance the two.

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November 18, 2023, 12:50:52 PM
 #27

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I do this a lot, I don't waste money on unwanted things like buying mineral water from store every time, we can satisfy our thirst by water available in our home.
my mindset is becoming like not saving a penny just investing which is risky because anytime anything can happen.
Now I am trying to save money because it is hard for me, for many people saving is hard because they waste it on unwanted things, but in my case It's hard save because I invest them in bitcoin or altcoins.
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November 18, 2023, 12:55:19 PM
 #28

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Investing is a necessity so that someone can get a better future than today, but investing must also be accompanied by good financial management, so that you don't experience difficulties in the present because you prioritize investing for your future. never use all the money you have to invest, also think about how you will get through your day, if the investment you make makes it difficult for you to live today then you are making a big mistake, if you have a long term investment plan then think of it as your savings.

I agree with this, don't let investment make us difficult. Prioritization of needs and wants is also important. We can invest if there is money left over and not used at all, and if the money is lost we don't mind it. There is no need to force yourself because investing has 2 goals, either profit or loss of all investment funds (loss)

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November 18, 2023, 01:11:06 PM
 #29

Well of course, we all want the best for ourselves in the future. That's why we save and/or invest cause we want to have money in the future especially when we need it.  Also it's normal for people to dream big for their future cause who wouldn't want to live comfortably in the future. But sometimes people tend to forget to think about their present since their goal is to always have a great future. Some will save so much on their daily expenses just to have more savings for their future. But sometimes it's also great to enjoy what you have now. We also need to reward ourselves in the present cause we'll never know what will happen in the future.
For me, I think about my future. I save and invest as well but at the same time, I don't forget to reward myself buying the things I want or need in the present. I don't regret spending money on something I want since I believe I can still earn money in the next coming days where I can still continue saving.
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November 18, 2023, 01:16:06 PM
 #30

While diving to drink milk, maybe this is appropriate. Well, it cannot be denied that what you said above is true. At first glance it seems like a dream, but it makes sense if you delve into the implied meaning.

Who doesn't want to experience financial freedom in old age?

Yes. Investment in the future is important and there must be early preparation starting now if possible, but balance is also important and that is also the key.

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November 18, 2023, 02:38:48 PM
 #31

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

It's very important to save for the future, because time will come in old age, when there'll be no energy to do active work. But we can not likewise ignore the importance of having a life in our younger age. Because if we don't take care of ourselves and our basic needs when we're younger, we might not live to enjoy old age.

So what is needed is a balance, with the limit of our income, we can know what to spend and what to keep. Basically it's to have a budget for our income, with discipline to stick to it. So it's to share the income in percentages, what to use for upkeep and fun, what to save and invest. With this an individual can strike a balance of every penny that he earns.

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November 18, 2023, 03:11:09 PM
 #32

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

It do happens sometimes and this is when we often get too carried away with what we are doing, we easily forgot those things we want because we have more priority in what we are doing to make sure that we Invested in bitcoin and also take every advantage of the opportunity in it for our own benefit, since when we make an investment in bitcoin, we have the chances of earning from our investment, this often easily get us carried away that we also forget about other things and focus on bitcoin to later remember those things we left unattended to.

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November 18, 2023, 03:20:30 PM
 #33

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I don't make investment and savings my top priorities; they come after meeting my needs and fulfilling my wants. While I don't lead a lavish life, I do indulge in some desires, leaving room to invest and save. In reality, these two aspects (investment and savings) should go hand in hand. You can't effectively invest without first learning the importance of saving.

Life is short, my friend. We shouldn't deny ourselves the things that bring us joy, whether it's experiences, purchases, or enjoying good food. Satisfaction in the present should be a priority before thinking about long-term investments for the future.

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November 18, 2023, 03:24:44 PM
 #34

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
If you really want to secure your future, you might certainly put your present being compromised. And we all know that's wrong, but we can't help doing it most especially if we are more aggressive living our future than trying to live the present. But when consequences start to sink in, that's when we realized that we need to prioritize living the present than to disregard it just to save for the future. We don't know what the future holds so as much as possible, live the present life to its fullest.

However, saving or investing for the future is also crucial.  It allows you to enjoy greater security in life, and through saving or investing, you are preparing yourself for future life's hurdles and battles and be able to win them easily and most importantly, you are building financial security at an earlier age.

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November 18, 2023, 03:29:48 PM
 #35

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I was thinking like this before until my beloved grandma died without me giving her the support I should give because I’m still saving back then for my future. I become more balance now but mainly focus on my current needs compared to my future. I put 50% of my money on insurance and crypto investments while the rest is I use on my daily need to live a better life.

Future is useless if you will die tomorrow so I believe that I should just invest without sacrificing my present life because that what matters the most. I rely heavily on my insurance and crypto investments for my future needs.

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November 18, 2023, 03:38:33 PM
 #36

According to what others say, what you eat and spend today is what you will go with if you die. Op I really like your topic. The future is always an imaginative because even you have trillions of bitcoins or USA dollars what you eat today is what you have. So if I have even though I am investing, I like to eat well in the present because that is what will go with me. Investing for the future is good but taking care of yourself in the present is much more better.

If you invest massively and you could not enjoy them in the future then "vanity upon vanity" as they Said. One question I also le to ask is that what is the purpose of having money that your won't eat and only starving yourself to save for the imaginative future which you don't know what will happen in the next few minutes. It is good to save the future for your children and health insurance but you have to take care of yourself in the present to meet your investment in the future if not all will be a story for others and that is where biography is drawn out.









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November 18, 2023, 03:41:42 PM
 #37

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
This is exactly the whole point of investing, that you put it off until later so that later you can afford to buy more of what you want and get more experiences. The main thing is not to forget to switch from savings mode to start living mode. Smiley

If you feel that you are missing something, then this is a reason to think and try to balance your life. Reduce the share of “investments” and increase “live here and now.” This is a flexible and individually customizable tool.

You are right about one thing for sure - you can't invest forever. At one point you need to start reaping the benefits of this activity or you can do it in the process. But in general, we can say that with investments your future is possible, whereas without them it is no longer possible (or it will be worse).

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November 18, 2023, 03:53:01 PM
 #38

I believe this depends on where you are in life because you can save as much as you want if you don't need that much money right now and then the money that you have saved could go to your "daily" or "present" life that you have. It's going to be a difficult life if you are not going to be able to know what you are going to do.

Since you asked, it's happened to me before when I didn't know what to do at the current moment and kept myself living in the "what if" moments and the "future" outlook that you want. It's like day dreaming and imagining like your subject title. It's best to be at the present moment.

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November 18, 2023, 03:57:06 PM
 #39

Imagination for a beautiful future is everyone's dream. Everyone always fight for having good future and their still doing hard work for it. Not everyone belong from stable family many of us belong from poor middle class family. And they have a dream that they suffer they don't want that their future son's and family member suffered in their life. That's the reason people imagination a good future and they continuously do hard work to gain it.
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November 18, 2023, 04:06:30 PM
 #40

whether you spend a ton or just frugal, you will still need to think of the future. you don't wanna see yourself homeless one day so its best to have investment. and just keep living like how you do it before, you don't need to have a lambo or fine dining every day.

i walk going home from work eating cup noddles and hotdog for a meal. i still do this sometimes. the freedom to walk around carefree without worries that someone will rob me becuase I look rich is priceless.









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November 18, 2023, 04:10:32 PM
 #41

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
No, I don't feel like that. I've learned to balance things up. I invest awhile, wait for its dividends to come and then spend it on pressing needs. Take time off busy schedules and relax. We should learn how to ease off from time to time, after all no one will have all they planned to achieve accomplished. Even when you record tremendous success, you will want to embark on another. That's the whole makeup of man. Man likes conquering new territories and breaking limits; except for the unambitious ones. We should learn how to live life for its present time while also project a bit for the future. We shouldn't completely sacrifice our today for tomorrow. No one is promised tomorrow, like Akon the musician, would say.

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November 18, 2023, 04:26:40 PM
 #42

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

If it has already become your habit or routine to save up for investment, you wouldn't mind budgeting yourself as you don't have any time to enjoy yourself. Some people would say that's a bad thing and some would say its a good thing, but for me, it would just depend on your goals, some would prefer to go YOLO so they would try everything and explore early while on the other hand, some people have the mindset of they want to retire early and enjoy life in the future without thinking of their money. I think people who would prefer to go after the experiences are already financially stable as they can enjoy life without saving up and budgeting their money for their everyday lives, cause people who have a bare minimum wage are barely surviving and having a hard time investing, how else when it comes to their desire, wants and enjoyment?

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November 18, 2023, 04:34:23 PM
 #43

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
When someone is illiterate of money ,he thinks he will buy a car ,live in a big house and he will roam in the World. But when he became responsible person,he invests for the future because no one knows future and future can be worse than we think. In my point of view, that is responsibility of every responsible person , investment for his family is food ,his family will get benefit if some incident happens .I saw many people who did give nothing to his family and they wasted all the money that he owned. Minimum 20 percent of your income should be save for the future.

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November 18, 2023, 04:39:24 PM
 #44

when poor. many people WISH they could save. they always feel the stress of the next bill coming in
when they get to a level to save. they should

there is nothing wrong with saving to prevent you dropping back to poverty..

however some people
feel guilty for wasteful spending even if they can afford it
avoid wasteful spending even if they can afford it
convince themselves most spending is wasteful
[list goes on]

my advice is budget.
actually get out a spreadsheet and put down all income, expenses. and a separate list of a budgeted spend of meaningful experiences. and a smaller amount for allowed wastefulness..  if you set it in the budget and the amounts fit totals. you no longer feel guilty for spending money because its in the budget so falls within your economic plan allowance to not cause problems

dont rule out or avoid spending, just to save. but actually put a guilt free allowance to ease any stress or emotion knowing you are also saving too

once ou put it on a spread sheet it can focus your thoughts and emotions to do the math logically to show that its actually risk free to spend some[/list]

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November 18, 2023, 04:47:17 PM
 #45

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

It's not a bad thing to save for the future, it's not bad either to cut down unnecessary spendings and channel such amount of money into future investment, but it would be a bad thing to do all this at the detriment of your health. What's the point in saving for the future if you will not take good care of yourself and it results to some kind of health complications. I guess the money you wanted to save for the future, you'd use it to settle the hospital bills, which is really dumb and the sad truth is that people do this shit.

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November 18, 2023, 05:02:11 PM
 #46

We try to make ourselves feel truly at peace and happy based on our outlook and basic lifestyle. Try to align yourself with the present and the future. We keep running after our basic needs. Keep trying to touch the dream of the future. Some make future plans for themselves, some for their family in various ways of thinking. None of us know how long we will live but there are many who invest in bitcoins who will have no one to see them in their future old age. Every now and then they accumulate more and more bitcoins, making themselves non-existent through overwork. It cannot be useful to focus on the future while ignoring the present. The way we want to introduce life easily and healthily can help us achieve joy and happiness in our lives.

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November 18, 2023, 05:04:00 PM
 #47

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I am not bothered if I don't buy whatever I want right now, there are things I need today but I postponed everything to 2025 max, I believe I will be able to afford everything I want at that time when the bull market comes, so now I keep investing with every money I can and I don't let what I need sway me away from investing.

Before i started having conviction for crypto I have a lot of dreams and today almost every dreams have become a reality, I focused only in having a great life in the future and I use the present to hustle hard and it paid off really well.

If you are not making a lot of money and you want the best future for yourself now is the best time to cut down your expenses, don't buy what you don't need, don't spend money anyhow, but one thing you must do for yourself is staying in good healthy shape, make sure you eat good food.

The hard fact about this life is if you don't spend your money in yourself you could die at any time and those who still lives will enjoy all you have worked for, also if you spend lavishly because you can die anytime you might be destined to live a very long life, and if you don't save enough money and also have some investment, you won't enjoy your old age.
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November 18, 2023, 05:46:24 PM
 #48

The future is always uncertain on some levels, but that doesn't mean you can just give it up to chance whether you'd be successful or what not. The future's not imaginary, it's true, and you're the one that's creating it. If you can't go so far as be prudent enough to think about it and prepare by investing your money, doesn't even have to be crypto at this point, just be prudent enough to actually have the right mindset to invest and put your money into work so you don't have to break your back your whole life chasing money.

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November 18, 2023, 06:46:27 PM
 #49

As imagined as we all want our futures to be, the reality is that our future is often a creation of our own hands.
I learnt of one indian farmer that planted rice on his head and somehow, it grew to the point that he often harvest it and replant another.  What am trying to iterate is that, the right way to have the imagined future is to DYOR. learn and refine and in no time the kind of future we want will just happen, then people will start calling it luck.

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November 18, 2023, 06:56:04 PM
 #50

As imagined as we all want our futures to be, the reality is that our future is often a creation of our own hands.
I learnt of one indian farmer that planted rice on his head and somehow, it grew to the point that he often harvest it and replant another.  What am trying to iterate is that, the right way to have the imagined future is to DYOR. learn and refine and in no time the kind of future we want will just happen, then people will start calling it luck.
The Indian farmer planting rice on his head image is a compelling reminder that our choices today impact the results of tomorrow. Taking charge of our financial decisions, such as saving and investing, is an important component of the nurturing process. Thank you for reminding me to create a balance between planning for tomorrow and relishing the richness of now.
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November 18, 2023, 07:59:30 PM
 #51

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Savings shouldn't deprive people from getting the basic things they need just because they want to save up money, expecially not even thinking of put the health in consideration.  The basic things us needed to be provided because I think in life when their is good health their is more tendency of making more money for the future but when the health is neglected it could leaf to weakness that will enable one not have the energy to look for money for one to be able to save up money for the future.  Take care of your self everyday to be sound in health and after the money to make good savings.  Saving without taking care of the body can lead to breakdown that all the money that have been saved will be used to put the body in order.

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November 18, 2023, 08:04:31 PM
 #52

We never know what will happen tomorrow and our future. However, everything we do now will determine what kind of life we will have in the future. And if you don't care enough about your future, then please spend your youth having fun, don't save and invest, and just use the money you get now to fulfill all your desires.

Even if, for example, we don't live to that age, we are still trying to get a brighter future life. That's what we have to do. And even if we have to die at a young age, at least our death will not be too much trouble for other people, because while we are alive we have savings that can be used for our funeral costs later.
Investing and saving money, the hope is not to become a rich person, but at least with these investments and savings in the future we will not bother other people and our children too much, just about food and daily needs.
So start investing and saving money from now on. And to be able to invest and save money, it doesn't have to be big, just according to your abilities. Don't let it happen because you want to have a large number of shares and savings, that you don't care about yourself. Because we also need to pamper ourselves by buying the things we want and visiting the places we dream of. but don't do it too often, and all of this must be within reasonable limits.

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November 18, 2023, 08:19:21 PM
 #53

when poor. many people WISH they could save. they always feel the stress of the next bill coming in
when they get to a level to save. they should

there is nothing wrong with saving to prevent you dropping back to poverty..

however some people
feel guilty for wasteful spending even if they can afford it
avoid wasteful spending even if they can afford it
convince themselves most spending is wasteful
[list goes on]

my advice is budget.
actually get out a spreadsheet and put down all income, expenses. and a separate list of a budgeted spend of meaningful experiences. and a smaller amount for allowed wastefulness..  if you set it in the budget and the amounts fit totals. you no longer feel guilty for spending money because its in the budget so falls within your economic plan allowance to not cause problems

dont rule out or avoid spending, just to save. but actually put a guilt free allowance to ease any stress or emotion knowing you are also saving too

once ou put it on a spread sheet it can focus your thoughts and emotions to do the math logically to show that its actually risk free to spend some[/list]
Controlling Expenses
Strict budgeting
Compulsory savings
Avoid unnecessary purchases
Avoid excessive leisure moments

Come to think that even rich people are really that having that kind of budgeting when it comes to their funds. They didnt really be able to reach up that particular financial state
if they havent really come into a point that they are really that careful on how they do spend, not literally speaking in those common things and necessities but also into the
businesses and ventures that they are getting involved into. Wise spending and decisions be made should really be something that worth of the action you are taking
because if it doesnt then for sure you would be experiencing those later  problems or issues.

Saving isnt bad but too much savings on which you are already compromising things then this is where it do becomes wrong. Everything which is too much
would really be always that negative and this is why it would really be that ideal that you should really be that having that balanced on which not really that
persever too much on a single point. You would be needing to look for another angles too.

R


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November 18, 2023, 08:21:32 PM
 #54

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I have been here and I have past this level of financial timeline. This happen a lot when you invest all you have in the presence into the future and then you become uninterested in some things, sometimes you even have but doesn't just care because you have these believe of making it tomorrow. However, I don't fancy this kind of lifestyle because it make us forget to live the present to focus on the future and we forgot that we only live once, life is Yolo don't forget that alright.

I don't want to live the future and deny myself the present, even though investing is good, just know that nothing in life is assure. If you must invest, do it and make sure you are comfortable and not going around looking unkempt so that even when the money comes around, it wouldn't take you years to blend with the money you make and people will not start to ask you the source of the money gave you money over night.

Eat well so that when your investment ripe in the future, you get the chance to enjoy it and don't end up spending everything on your health, eat well and dress well so that you look good in the sense that when people see you tomorrow looking change, they wouldn't doubt your days of little beginnings.

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November 18, 2023, 08:24:17 PM
 #55

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

All of the time to be honest. I’ve been denying myself some luxuries & enjoyable things to buy Bitcoin for so long. I think sometimes life is too short & I should just live for the here & now but it’s tough you know. I try to make a better future for myself by investing & being frugal but it’s no fun. It worked out good for me so far but possibly I should learn to let go a little perhaps.

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November 18, 2023, 08:27:23 PM
 #56

We do, sometime we over imagine our future and starts saving everything for our future without understanding that's we are not sure whether we will live up to see the next minute or not. I think we should be reasonable to our present as well without overspending or wasting money in something without which we can still have a comfortable life.

For example, mobile phone is a necessity but having a gold covered or diamond studded mobile phone is something which is waste of money and doesn't serve any purpose.

It should be a calculated approach between present and future as we need to have enough to lead a dignified life which can be achieved only if we think about future and plan about it in the present. It should be a balanced approach without ruining our present.









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November 18, 2023, 08:40:10 PM
 #57

"Imaginary future" is a pretty good title for the introductory post you chose as it leaves room for speculation and is not narrow minded. It includes everyone with their own perspectives and live story.

I think being able to save can be a goal in and of itself as much as being able to freely spend, to buy a lambo, can be a goal. But there are very different people in our society and I think a lot has to do with their past. I know some people who dreamt of buying this big house or car and once they got there and could do it, they preferred to save.

I think sometimes it is more the mental challenge people give themselves. And sometimes you have people who buy the lambo and then want a next level car and then the next level car.

For me personally I think knowing that I could do something if I wanted to is probably more than 90% fulfillment of that desire already. I don't want to say 100% because there are certainly things I would love to afford instead of saving the money when I arrived at that goal.

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November 18, 2023, 08:49:50 PM
 #58

Actually it all depends on our position when saving and investing, and I do both and prioritize the investments I plan for the future and also when I really need them and use them according to my needs.
I already have a family, of course the needs of married people and single people are very different, especially in terms of their needs. And I'm not very frugal with money and I always put my family's needs first, and if it will make them happy, I will do it because I want them to be happy. Because I make money for them, and this is also important for the future and I think this should be balanced and also supported by income.
The fact that you have family to feed and provide, then the more that you will be motivated to save or invest for their future. But that does not mean that its okay to ignore the present needs and only focus on their future needs and wants. Of course it's not, you have to balance dealing with the present and future life. You might lose the chances to enjoy life at its present and lose current opportunities because you are so busy preparing for the future.

Invest in your future because its a must. But also learn to value the present and give your best as well, so you won't be regretting in the end. Life is unpredictable, enjoy it while you are capable and seize every opportunity that comes every now and then.

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November 18, 2023, 08:57:40 PM
 #59

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
As we are saving, it is good when we do investment for because this is what is going to helo us in a long run. Those people that had been in the market and decide not to invest rather what they choose is to save there money in the bank. They could be surprised that after a while, the money will not have any value compared to when we use the money for investment and we allow the investment to grow to a certain level where we can start making profits from it. I think investment is better than just saving without plans if investing the fund we have for a better future.

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November 18, 2023, 08:58:32 PM
 #60

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

All of the time to be honest. I’ve been denying myself some luxuries & enjoyable things to buy Bitcoin for so long. I think sometimes life is too short & I should just live for the here & now but it’s tough you know. I try to make a better future for myself by investing & being frugal but it’s no fun. It worked out good for me so far but possibly I should learn to let go a little perhaps.

I like your comment, and I can relate... I was like that 10 years ago. Now the situation is totally different, so what about wife & kids? House, car,  and all other things that can't wait? Can we deny all that? Can we save on their backs and let everything else fall just to get more coins? Don't get me wrong, but I just wish to shed some other light on this matter and topic... each of us is in a different situation, and each of us should do whatever we can to keep safe & comfortable the closest ones, I hope you get me.

Maybe we can think/dream about an imaginary future, but today is also important, maybe more important than anything "imaginary". When we are alone we can dream/deny/accept/postpone many things, but I am not alone anymore. And I can say it's hard to find balance between saving for future and living in present.

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November 18, 2023, 09:01:08 PM
 #61

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.

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November 18, 2023, 09:03:15 PM
 #62

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
There should always be considerations for needs. Wants can be skipped but needs are necessary and can’t survive your investment without having obstacles if you have no any way to get money to take care of your needs so that you will not temper with your investment.

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November 18, 2023, 09:46:37 PM
 #63

I am not bothered if I don't buy whatever I want right now, there are things I need today but I postponed everything to 2025 max, I believe I will be able to afford everything I want at that time when the bull market comes, so now I keep investing with every money I can and I don't let what I need sway me away from investing.
Did you say the same thing when ATH was still in process in 2019-2020, and it became a bear market that made everyone want to buy more and hold firmly until the 3rd Halving in 2021 reached ATH $68k?

The cycle is the same and many people are already taking advantage of that last ATH.
But if this is your first investment and your first experience of Bitcoin Halving, then it would be very good to continue.
No matter what you want to buy, you still hold it until the new ATH is reached, and you have a lot of profit to buy everything later.

That's a good attitude of optimism, with having clear goals and when you should sell.
Don't hold back for life because it won't be useful.

The hard fact about this life is if you don't spend your money in yourself you could die at any time and those who still lives will enjoy all you have worked for, also if you spend lavishly because you can die anytime you might be destined to live a very long life, and if you don't save enough money and also have some investment, you won't enjoy your old age.
So there needs to be a balance to enjoy the benefits of the investment we make and set aside some money for long-term investment and of course it can be generated as a legacy for our next generation.
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November 18, 2023, 09:49:06 PM
 #64

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
This is the pressure that we get from the society and of course the current trend.
I’m guilty for this since I do save a lot for the future of my family to the point that I’m forgetting to live the moment and spend more time with my family. Well, this is pretty normal if you are not that financially prepared but that is ok because all our hard work will paid of and time will come that all our dreams will come true.

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November 18, 2023, 09:51:37 PM
 #65

Indeed, sometimes it has to be like that, when our income is not sufficient to be able to have savings and have quite large investments, then as much as possible we have to live frugally and refrain from buying the things we want. but this is a wrong behavior, because this will only torture ourselves. And to have savings and investments that are quite large in amount, then we can say that apart from living frugally, it would be better to fulfill those savings and investments by looking for mining income, so that this can enable savings and investments to remain fulfilled, but what so that your wishes can be fulfilled. But we also have to live wisely and regularly, by determining when we should save money to save and invest, and when we should grant our wishes to buy what we want.

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November 18, 2023, 10:41:01 PM
 #66

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I don't think so, I've never lived too simply to not buy the things I want, especially for basic necessities and other needs such as clothes and accessories. I live moderately but not excessively. To be able to invest we need to save from our monthly income, I don't really force myself to save, I usually appreciate myself when I have finished tiring work, this sometimes makes my enthusiasm return quickly after being tired of working

For me, enjoying life is important, because being too forced to save will make us stressed and unable to enjoy life. It's a good idea for us to think about earning more income so we can save money without having to live too simply

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November 19, 2023, 12:21:27 PM
 #67

Yes, I do, like so much even. I believe in "giving up your youth for your future" and that is probably the project life I'm still living. But there are extremes to which such things can go.

The first would be your health. This is an international board so many of you here may not know what "Garri" is. It's kinda like a flake/ grain made out of cassava, mostly produced and eaten in Nigeria. So, there was this time, not long ago when I was bent on saving money " for my future" and I deprived myself of proper food only to eat cassava grains (literally all day on some days) and it got to the point where I started feeling continuous stomach ache. I was scared cause I couldn't pick between appendix, diabetes, or ulcer but I knew I was feeling the symptoms of something.

So, I had a meeting with myself and asked one question " If I eventually developed one of these three things in my system, would my future self be happy with me?" Of course, the answer was no. As much as you want to save and invest in your future, I don't think we should disregard some things. Apart from eating healthy, I believe disregarding things like buying books and appearing nice shouldn't be disregarded either, attending parties and occasions ( which can earn you connections and alumni ) shouldn't be overlooked also.

All in all, instead of making extreme sacrifices, investing in your present is probably the best way of investing in your future, and always asking yourself if your future self would be happy and proud of you before making any decision is also very important.
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November 19, 2023, 01:35:42 PM
Merited by Mpamaegbu (1)
 #68

No, I don't feel like that. I've learned to balance things up. I invest awhile, wait for its dividends to come and then spend it on pressing needs. Take time off busy schedules and relax. We should learn how to ease off from time to time, after all no one will have all they planned to achieve accomplished. Even when you record tremendous success, you will want to embark on another. That's the whole makeup of man. Man likes conquering new territories and breaking limits; except for the unambitious ones. We should learn how to live life for its present time while also project a bit for the future. We shouldn't completely sacrifice our today for tomorrow. No one is promised tomorrow, like Akon the musician, would say.

Ambition factor, if we get one we want two. but unfortunately they don't have time to take care of themselves, even their family and health. Oh yes. I have a friend who often says, don't give your money to the doctor (for treatment) when you are unwell, but use it for you and your family and I have this good advice. Sir, I think this is good advice from you "We have to learn how to live now and also project a little into the future." Thank You.

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November 19, 2023, 03:25:13 PM
 #69

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

In as much you see the reality of death and people are dying daily and you don't know when it is going to come to you but it is the reality that it will come, so you need to also balance your life. In other words, you have to live for today to see tomorrow. Don't put yourself under pressure to save and plan for tomorrow because pressure also is not good for your health. If you allow your health to detiorate, it means you won't be able to continue even in the future.

So in as much you are planning for the future, also make the best of today. A good life also keeps you for tomorrow. Planning for future is good but depriving yourself of today is bad and balancing your life is better.

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November 19, 2023, 03:29:09 PM
 #70

Yes, I do, like so much even. I believe in "giving up your youth for your future" and that is probably the project life I'm still living. But there are extremes to which such things can go.

The first would be your health. This is an international board so many of you here may not know what "Garri" is. It's kinda like a flake/ grain made out of cassava, mostly produced and eaten in Nigeria. So, there was this time, not long ago when I was bent on saving money " for my future" and I deprived myself of proper food only to eat cassava grains (literally all day on some days) and it got to the point where I started feeling continuous stomach ache. I was scared cause I couldn't pick between appendix, diabetes, or ulcer but I knew I was feeling the symptoms of something.

So, I had a meeting with myself and asked one question " If I eventually developed one of these three things in my system, would my future self be happy with me?" Of course, the answer was no. As much as you want to save and invest in your future, I don't think we should disregard some things. Apart from eating healthy, I believe disregarding things like buying books and appearing nice shouldn't be disregarded either, attending parties and occasions ( which can earn you connections and alumni ) shouldn't be overlooked also.

All in all, instead of making extreme sacrifices, investing in your present is probably the best way of investing in your future, and always asking yourself if your future self would be happy and proud of you before making any decision is also very important.
Extreme sacrifices, especially at the risk of one's health, are unproductive, while disciplined saves and investments are essential for a secure future. While extremes should be avoided, adopting smart decisions to save and invest for the future, even if it means foregoing certain present pleasures, may be sensible. It's about finding a happy medium that corresponds with one's personal aims and ideals.
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November 19, 2023, 04:50:24 PM
 #71

Most of the people are doing this like they just think for the future but make their present upset but I think that if you cannot afford present expenses then you should not invest any amount because by doing so you are not only making yourself upset but your family also become unsatisfied.

For investment that money should be used which are not for general use and you feel that it will not be used in coming days or month. It is true that with investment you will earn more and will make all your dreams come true but it is also true that if on time dreams remains incomplete then after specific age there is no need to have that in life.









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November 19, 2023, 05:07:34 PM
 #72

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

It is a very easy trap to fall in. Spending patterns can change throughout your life however and I'd recommend to anyone to spend money more freely when you're younger. On experiences and travelling which can really help broaden your mind, which in turn can increase your knowledge. It can get harder to do certain things as you get older, so hoarding money until you retire can lead to great regrets. Everyone has a different journey and spending power, so it's hard to give advice that will fit everyone, but it's always good to save instead of spending of frivolous items and services.

R


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November 19, 2023, 06:52:24 PM
 #73

~snipped~
Sir, I think this is good advice from you "We have to learn how to live now and also project a little into the future." Thank You.
Thank you for finding that part didactic. Honestly, if only we could take out a minute and reflect on life issues and the vicissitudes there are, most of us will be greatly humbled by the nothingness of our existence. I laugh whenever I see people boast of material acquisitions while their families are in ruins because they abandoned them to penury.

Anyway, that's me digressing a bit there. 🙈

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November 19, 2023, 07:47:02 PM
 #74

Just do not overthink it too much. The more you think about your past and future the more you ruin your present. It is a fact and it is 100% true. But it only applies when you overthink. Thinking about future is what people do in order to achieve success. I'm thinking about past helps people to judge their action and also helps them stay away from making the same mistake. Only when you overthink it, it becomes a problem.

Plan out few steps ahead of you but not the whole journey. You may not get the experience that you have expected for because nothing ever goes as planned. We do mistakes, we learn and move on to do something better than that. If you get lost in your own thoughts, no one will ever be able to take you out from that ocean. Better to enjoy with what you have and in future if it gets bigger, you get to enjoy more. That's how life should be.
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November 19, 2023, 07:47:49 PM
 #75

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for the future instead.
The future comes after the present passed and most people live in the present but they are worried about the future without knowing whether they will see the future or not. These types of people do not take any enjoyment from the present and save money. They eat less, work hard, enjoy less, and spend a small amount of money because they have a misconception about what will they do in the future. I sometimes guide these types of people who do not worry about future things that are going on now and will also be going on in the future maybe it will be better than this and no one saw the future so you take worries above the future. In Saving money for the future you ruined your present and this present time will not come again.
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November 19, 2023, 08:10:32 PM
 #76

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Everyone has to do investing and also living life, but if you still haven't made a profit, refraining from spending it is something you have to do, don't waste money just because you want to fulfill your desires today, be wise in manage your finances because that's the only way you will be happy in the future. There is nothing wrong with fantasizing about the future, what is wrong is that you are wasteful and don't have savings.

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November 19, 2023, 08:31:55 PM
 #77

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I enjoy every moment of life and also try to make sure that save/invest for the future. I try to strike a balance such that I do not overspend money while trying to feel alive living, and do not focus too much on saving and investing that I neglect myself from living and engaging in activities good to keep body and soul together.

I have a very active social life, but I do not waste money on living and on excesses, everything is done on a budget, and only after my basic needs have been attended to.

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November 19, 2023, 08:39:22 PM
 #78

In as much as saving and investing for the future is good, it should not deprive you of all the things and activities you need to involve yourself with in other to be happy, am only against reckless spending, we should be minimal in spending, and you should not invest all your income for the future, that won't be considered as a wise act, what if in the process of investing and saving for the future you die, what will be your benefit, am of the opinion that we should invest and use little for ourselves, no one can predict his or her tomorrow, just try to save the little you can, as parents I know that it is not easy to see your children suffer, but preparing them for the future is not only by saving and investing for them, because if you don't give them orientation, everything you built will be brought to zero, the task ahead may be so heavy for them to comprehend and withstand.

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November 19, 2023, 09:51:12 PM
Last edit: November 19, 2023, 11:24:16 PM by STT
 #79

Super obvious point would be its possible to do many things without money.   We're in a conspicuous consumption society for many years now so the mindset is you must spend wages as much as possible or you dont even exist but its really not true.
  Thats all I'm reading from that, to save money I would suggest you take away a percentage for the house mortgage or whatever and not consider it as possible money to spend.  It does save you expense in the end as renting is usually more expensive etc.  just walking in a field is free but boring to some I guess :p   Some people live near no fields at all, being grateful for simple things is a literal life skill imo cant be overrated.

https://www.investopedia.com/terms/c/conspicuous-consumption.asp

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November 19, 2023, 09:58:41 PM
 #80

I believe that it depends on who you live your life for in the end. I mean I am married, hopefully I want to have kids in the future as well, which means that I will not live my life for myself which means that I can save and invest for the future and I can miss all my life and juat ignore everything else. If I live poorly and leave a ton of money to my kids then ı will consider that a life lived good. I believe that living excess is useless, what am I suppose to do with a billion dollars for example? Like what am ı suppose to buy? But if I can leave money for my kids then I will be very happy about it for sure.

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JeffBrad12
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November 19, 2023, 11:33:20 PM
 #81

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.
I think saving should also with calculation, if the saving is sufficient for reaching financial freedom in the future then it will be worth saving, at least if it can help us reaching financial freedom around the age of 35-40 that already awesome enough but however if the income so low we are saving a dime, then i guess we should be concerned in increasing income, i have seen many that saving money despite just saving a dime, doesn't really work well, instead they forgot to spend those money for the betterment for themselves right now so that they could be getting massive increase in income but instead already thinking about their supposedly imaginary future where they gonna buy some stuff that they want but went broke after that.
I think therefore saving should also be calculated, whether it will help betterment of financial circumstance or instead would be just a waste of time and opportunity.

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November 20, 2023, 01:54:24 AM
 #82

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey

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November 20, 2023, 03:15:09 AM
 #83

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey
But is it good to be too frugal, only thinking about the future and forgetting about the present? What is the future, is it tomorrow? And if we only think about tomorrow, does that mean we will always worry about it until we die? What is financial freedom? Because human greed has no bottom, once we have it, we want bigger things and if we keep doing that, when will we stop to enjoy life? To me, the future is something that needs to be carefully prepared, but don't neglect the present, we need to balance our lives instead of just thinking one way.

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November 20, 2023, 03:36:18 AM
 #84

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey
But is it good to be too frugal, only thinking about the future and forgetting about the present? What is the future, is it tomorrow? And if we only think about tomorrow, does that mean we will always worry about it until we die? What is financial freedom? Because human greed has no bottom, once we have it, we want bigger things and if we keep doing that, when will we stop to enjoy life? To me, the future is something that needs to be carefully prepared, but don't neglect the present, we need to balance our lives instead of just thinking one way.

you woudln't die of being a frugal and you get to save something for whatever you wanna buy in the future.  imdon't see being frugal can be considered greed either. a person who kept his wealth on his own can give it to his kin soon once he die.

all his stuff are up for grabs by the relatives he left. it wouldn't be a waste still. but he could have enjoyed more if he make use of his money when hes younger. traveling to places isn't spoiling too much to treat yourself.










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November 20, 2023, 03:57:03 AM
 #85

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
This seems to be what is happening to me. Even now I consider saving and Investing as a pleasure. There is always a feeling of satisfaction when I put my money into the investment I am entering. One of them is Bitcoin. Especially after Bitcoin is now experiencing an increase. I am increasingly enthusiastic about investing more in other things too.

And sometimes it makes me forget some of the fun I usually do. Even though I am still active in betting. But I haven't done other activities like going on holiday somewhere and so on for a very long time. Because currently I am more focused on my investments and savings. This is the point where I feel that preparing for the future becomes much more important in my life.

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November 20, 2023, 09:30:34 AM
 #86

As imagined as we all want our futures to be, the reality is that our future is often a creation of our own hands.
I learnt of one indian farmer that planted rice on his head and somehow, it grew to the point that he often harvest it and replant another.  What am trying to iterate is that, the right way to have the imagined future is to DYOR. learn and refine and in no time the kind of future we want will just happen, then people will start calling it luck.
This is what others didn't realized. They act like that one lazy person in a fictional story, who only lies down under a tree, waiting for a fruit to fall on his mouth. There are still some who realized it and started acting but it's just that there is still something that is missing on them on why they keep failing.

I guess that will be luck. I know all has it, but we may not possibly have it in each of the field that we are going to venture and then it wasn't also consistent so we shouldn't fully depend on it but we must also learn to work hard on our own to sustain what we already built. It's amazing on how we share the same example. That is about a story, but on your example, that farmer is the opposite of the character I'm talkin about Smiley.

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November 20, 2023, 01:09:25 PM
 #87

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
This seems to be what is happening to me. Even now I consider saving and Investing as a pleasure. There is always a feeling of satisfaction when I put my money into the investment I am entering. One of them is Bitcoin. Especially after Bitcoin is now experiencing an increase. I am increasingly enthusiastic about investing more in other things too.

And sometimes it makes me forget some of the fun I usually do. Even though I am still active in betting. But I haven't done other activities like going on holiday somewhere and so on for a very long time. Because currently I am more focused on my investments and savings. This is the point where I feel that preparing for the future becomes much more important in my life.

when you put some money into investments, definitely, there will be sacrifices that you need to make. unless, you  still have your riches even if you already invest into those assets. it is your prerogative when it comes to this kind of decision. because sooner or later, you will be the one who will reap the rewards of your patience.
it may be imaginary for now, but as soon as you are seeing the fruits of your investments, you will thank yourself that you traverse this path.

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November 20, 2023, 02:28:43 PM
 #88

It's really a practice of imaginary future investment with the future in mind be it in shares or any other long term savings scheme. If you want to buy your house or property in future without any loan then this investment will become your best friend. These long term investments will protect you even in old age everyone needs a bit of education on various financial topics starting from income tax. The sooner you learn about these investment vehicles the better. Investing in bitcoin is good for securing your future and helping you build wealth basically the more money you have the more ways you can use it.

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November 20, 2023, 02:38:51 PM
 #89

It is foolish to think of our bright future by darkening the present. Those who think of excessive savings can never enjoy any comfort in life. He saved money in the past thinking for the future and from the past he came to the present and he will not enjoy his money even now but in the present he is working hard to save money for the future here my question is when will he enjoy his money. Whenever the present comes in front of him, he will think about his future in the present, while thinking about the future, one day he will die and when he dies, then what is the real value of his hard work to save money. We should think about what will happen in life and what the future might be, but that does not make the present dark. We have to live well in the present as well as plan for the future so that people's lives are worthwhile even if people earn less.

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November 20, 2023, 03:13:03 PM
 #90

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I'm actually like this, I regret buying things for myself, I think it's a waste of money, it's better to just save it or buy it for my family. It feels good to be helping your parents and saving for your future.
I think it's inevitable for others to think like this, to just save the money instead of spending it.
Most of us actually work for a better future.

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November 20, 2023, 05:26:39 PM
 #91

Actually it gives people motivation to think about what they will do if they get something in the future. If i am not mistaken a survey says most people have this tendency to imagine a scenario that doesn't happen in their life or has a very small chance of happening. This sort of imaginary thinking makes us visionary and motivates us to make strategies to achieve that goal in our lives. Success or failure is a different part but imagine something and take action to get it that makes a human productive in their life. It gives us purpose in our life to live on which we follow the rest of our lives.

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November 20, 2023, 05:47:38 PM
 #92

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

There is a huge difference between spending wisely to save money and live a normal life, and "saving on everything" for the sake of saving. And in terms of results as well Smiley

Reasonable spending allows you to reduce costs and form additional funds for life. Both for living "here and now" and for investments, for forming a financial cushion.
Manic postponement is not the best way to financial happiness, especially since this happiness will either come very late or will not come at all Smiley

And there are a lot of reasons - for a long time when you work to save and accumulate, anything can happen - inflation, global cataclysm, disease..... In the best case the savings will go to heirs, in the worst case - to no one, and at the same time the part of life spent on "saving" will not leave any positive memories. For example, in the USSR, many people believed in a "bright communist future" and accumulated their small incomes in a savings account. In the hope of a beautiful and interesting life in retirement ... Everything ended in hyperinflation, and their thousands of rubles turned into the cost of a pack of butter....

Therefore, everything should be balanced - both spending and saving, and providing for the current life. But savings should be diversified - from stable currencies, to crypto, gold, real estate, and other assets.

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November 21, 2023, 01:38:19 PM
 #93

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Yes, I do, and I don't feel bad about that because I take care of all my needs and I know that my wants will be fulfilled some day if I manage to make a better future for myself and people around me, but that doesn't mean that my life is completely boring or tasteless. We, as a family, do things that we like every time we can spare some money and time for that, we go out, we eat out sometimes, we buy things that we like once a month or so, and we enjoy our lives.

However, we don't spend everything we earn on these things because we know the importance of money and how much important it is to have a secure future. So, investments and savings can make you have a much better life after your retirement and when it's time for you to literally rest for the rest of your life.

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November 21, 2023, 01:41:26 PM
 #94

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Absolutely feel that sometimes! Balancing saving for the future and enjoying the present can be a real challenge. It's like finding that sweet spot between financial responsibility and treating yourself to the things and experiences you love. How do you strike that balance in your life?
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November 22, 2023, 03:34:00 AM
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 #95

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey
People who often forget themselves when they have more fortune are people who don't want to plan their future from now on so that people like that will always have easier difficulties in their lives. Things like that cannot be taken as a good example for life, because investing and saving have become important for everyone who wants to make the foundation of their own life stronger. The key to managing finances better is now easier to find through several aspects and also through people who have implemented it first, so there is no need to be lazy about this as long as we still really want to live happily in the future.

But is it good to be too frugal, only thinking about the future and forgetting about the present? What is the future, is it tomorrow? And if we only think about tomorrow, does that mean we will always worry about it until we die? What is financial freedom? Because human greed has no bottom, once we have it, we want bigger things and if we keep doing that, when will we stop to enjoy life? To me, the future is something that needs to be carefully prepared, but don't neglect the present, we need to balance our lives instead of just thinking one way.
Being too frugal also won't be very good for our own lives, because it would be very silly if we endured hunger just to save excessively. In fact, the essence of earning income is to enjoy life and we deliberately leave a few cents for savings because that is part of the balance that we have to create for ourselves in life. I also agree that we need to think about the present so that our thoughts are not focused in one direction, namely the future, so that the balance between enjoying life through needs and saving for the future must exist and be separated from now.

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November 22, 2023, 03:48:55 AM
 #96

Actually it gives people motivation to think about what they will do if they get something in the future. If i am not mistaken a survey says most people have this tendency to imagine a scenario that doesn't happen in their life or has a very small chance of happening. This sort of imaginary thinking makes us visionary and motivates us to make strategies to achieve that goal in our lives. Success or failure is a different part but imagine something and take action to get it that makes a human productive in their life. It gives us purpose in our life to live on which we follow the rest of our lives.
Conscious people usually think about the future and by thinking about the future they make various plans for the future. There is a lot of difference between an ordinary person and a conscious person, an ordinary person does not feel the need to think so much about what his future will be like or whether any bad situation may come his way in the future. A common man does not think this but a conscious man thinks that he may be doing well now but in the future he may have bad times so if he does not save or invest now then he may be in danger in the future. Thinking about this, conscious people save money for the future and some people invest money along with saving money. Those who earn relatively more money get more opportunities to invest money, but those who have limited income may save some money in addition to managing the family, which results in them not having the opportunity to invest. However, those who think differently give more importance to investment rather than saving because savings will keep money unchanged but investment will have a lot of potential to increase money.

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November 22, 2023, 04:13:08 AM
 #97

It's really a practice of imaginary future investment with the future in mind be it in shares or any other long term savings scheme. If you want to buy your house or property in future without any loan then this investment will become your best friend. These long term investments will protect you even in old age everyone needs a bit of education on various financial topics starting from income tax. The sooner you learn about these investment vehicles the better. Investing in bitcoin is good for securing your future and helping you build wealth basically the more money you have the more ways you can use it.

Regarding discussions about future investment, there are definitely different responses. Btw, in this case, as you said above, it is true, besides that progress also goes backwards and often becomes a stepping stone when investing as a review. But in my opinion it exists and cannot be avoided because many players are not optimal, but indirectly we will be trained and not be whiny anymore. it's all out of habit. If you are not used to it, there is potential for ups and downs.
     

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November 22, 2023, 04:37:08 AM
 #98

you woudln't die of being a frugal and you get to save something for whatever you wanna buy in the future.  imdon't see being frugal can be considered greed either. a person who kept his wealth on his own can give it to his kin soon once he die.

all his stuff are up for grabs by the relatives he left. it wouldn't be a waste still. but he could have enjoyed more if he make use of his money when hes younger. traveling to places isn't spoiling too much to treat yourself.
Someone who uses their wealth well, of course they are very calculating in spending the money they have and don't use the money they have for things that don't need to be spent, but in my opinion, if you really have enough wealth, there's no harm in using it for the enjoyment of yourself and your family, but it is still a normal thing to do because if we don't enjoy the income we have earned then we are only doing work for our family.

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November 22, 2023, 09:27:46 AM
 #99

Actually it gives people motivation to think about what they will do if they get something in the future. If i am not mistaken a survey says most people have this tendency to imagine a scenario that doesn't happen in their life or has a very small chance of happening. This sort of imaginary thinking makes us visionary and motivates us to make strategies to achieve that goal in our lives. Success or failure is a different part but imagine something and take action to get it that makes a human productive in their life. It gives us purpose in our life to live on which we follow the rest of our lives.
Conscious people usually think about the future and by thinking about the future they make various plans for the future. There is a lot of difference between an ordinary person and a conscious person, an ordinary person does not feel the need to think so much about what his future will be like or whether any bad situation may come his way in the future. A common man does not think this but a conscious man thinks that he may be doing well now but in the future he may have bad times so if he does not save or invest now then he may be in danger in the future. Thinking about this, conscious people save money for the future and some people invest money along with saving money. Those who earn relatively more money get more opportunities to invest money, but those who have limited income may save some money in addition to managing the family, which results in them not having the opportunity to invest. However, those who think differently give more importance to investment rather than saving because savings will keep money unchanged but investment will have a lot of potential to increase money.
People who are aware don't just live in the present; they also plan for the future. This kind of thinking about the future is very important for planning your finances. Realizing that life is unpredictable and getting ready for that is what it's all about. Putting money away is a safety measure, but investing? That's being on attack. Not just keeping your wealth safe, but also making it bigger. The problems people with little money face should be recognized, though. Investment takes more than just money. You need to know what you're doing and be willing to take risks. Having the tools isn't enough; you also need to know how to use them well. Switching from saving to buying is a big step for many people. Financial education is very important in this situation; knowing about the different ways to spend can change how you handle your money. You can make your money work for you, not just make more of it

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November 22, 2023, 11:47:13 AM
 #100

Do you ever feel like that being after saving or investing for the future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for the future instead.
The sacrifices we make for our future cannot be written down within a few moments and it's something we don't even want to recount. I guess the reason why some aged people who have lived a lot of their lives don't easily get moved by things has a lot to do with the sacrifices they made for their future and later finding out that at the end of the day, there is nothing to show for. Everyone makes investments in themselves and into stuff with the hope that in the years to come, it will materialize and yield an increase so they might stay hungry or deprive themselves of basic needs just to see that they make proper investments that will yield great returns in the future. But as a wise person, while you make your investment it is necessary you invest into the right things so you don't inconvenience yourself during the waiting period, and at the end of the day, you still have nothing to rejoice for.

So many persons who are investing in Bitcoin now are doing so just to ensure that their future is secured and no matter the sacrifices they take just to make this investment, I know it is a reasonable and informed decision that they've made.

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November 22, 2023, 02:03:48 PM
Merited by mv1986 (1)
 #101

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I used to focus on long-term plans, having a rough understanding of what I need to save up for and what I want my life to look like. But then a full-scale war hit my country, and suddenly planning became irrelevant, impossible. So now I'm more of a "live in the present" kind of person, which is why if I want something and I can buy it, I usually buy it because I don't have an expectation of long-term stability of my life for the future. Imagining the future doesn't come easily to me anymore, and having a generic understanding of how the next few months will look like already seems long-term.

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November 22, 2023, 05:32:36 PM
 #102

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
Human wants are insatiable And there is no one that can Ever satisfy his or her wants because the more you try To meet up with your presents needs the more other designs of different fashions And taste are also hitting the Market .So trying To satisfy your presnet is quite nice But investing or trying To save for future will actually enable you live up To your visioned life style And the more you save or invest for the future will also make you remain financially stabilized .


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November 22, 2023, 10:17:16 PM
 #103

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey
People who often forget themselves when they have more fortune are people who don't want to plan their future from now on so that people like that will always have easier difficulties in their lives. Things like that cannot be taken as a good example for life, because investing and saving have become important for everyone who wants to make the foundation of their own life stronger. The key to managing finances better is now easier to find through several aspects and also through people who have implemented it first, so there is no need to be lazy about this as long as we still really want to live happily in the future.
It is true that people who don't plan for their future are more likely to have difficulties later on in life. Financial planning is inevitability for everyone, regardless of their income level. It helps you reach your financial security. Whether you want to save for a down payment on a house, retire early, or simply for health emergencies, financial planning can help you make the most of your money.

People need to ovoid debt which can be a major source of stress and financial hardship. Financial planning become essential to help you avoid it by teaching you how to live within your means and save for unexpected expenses. By knowing that you have a plan for your financial future can give you peace of mind and allow you to focus on enjoying your life.

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November 22, 2023, 11:36:10 PM
 #104

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I used to focus on long-term plans, having a rough understanding of what I need to save up for and what I want my life to look like. But then a full-scale war hit my country, and suddenly planning became irrelevant, impossible. So now I'm more of a "live in the present" kind of person, which is why if I want something and I can buy it, I usually buy it because I don't have an expectation of long-term stability of my life for the future. Imagining the future doesn't come easily to me anymore, and having a generic understanding of how the next few months will look like already seems long-term.

Your post should be inspiration enough for everyone who does not live in a country that is involved in war to make the best out of their lives and waste as less time as possible. Especially when people have already founded a family, leaving a place becomes exponentially harder. I don't know your circumstances, but I can very well understand that you have turned into a live-in-the-present-person when actually you used to make plans before the war hit.

But I think these unexpected events can happen to anyone in one way or another. Sadly, for some people this is war that should have never taken place in the first place and also hits innocent civilians, but it could be an illness that changes one's life from one second to another. One that kills you fast or one that gives you a few more years.

I still think that no matter what happens, people should never give up on dreaming. Having something in front of you that you feel is worth pursuing despite difficult circumstances can do a little bit of magic to your life.

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November 22, 2023, 11:43:09 PM
 #105

It often happens, I was even willing not to buy my dream motorbike just to choose to invest in Bitcoin. for me to get a bright future we have to sacrifice the happiness of youth or the present. for example, to get a bright future we must have knowledge and to gain knowledge we must sacrifice our youth to seek knowledge. The point is to get a bright future there are many things we have to sacrifice, including not buying something we want and choosing investments.

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November 23, 2023, 01:16:45 AM
 #106

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

That's not forgetting how to live your present, that's called sacrificing what you can have today to build a better future. Forgetting how to live in the present means you might be recklessly spending because of the future looks uncertain. Being on focus presently and understanding that sacrifices being made is much better description of how saving and investing feels like.
I have been saving my whole life as much as I can and also set aside some funds for small investments, but I did not forget how to live in the present, but I've certainly made sacrifices to obtain all what I have so far. That being said, I think there's a difference between forgetting and sacrificing.

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November 23, 2023, 01:32:46 AM
 #107

We all know that people invest and save only to brighten their future. But in fulfilling that bright future purpose, people forget their mortality, because people are mortal, and they have to keep this in mind. When it comes to investing, you must think about the future and save your money for peace of mind. You will only save and invest the wealth for your future generations so that your children can enjoy this wealth and live a happy and peaceful life. Moreover, you should not forget that it takes a lot of hard work to create a beautiful and bright future for you that can make you rich. If you work hard to save money and tend to make your family happy and peaceful, of course it may bring you happiness, but you must not forget the present.

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November 23, 2023, 06:11:53 AM
 #108

It often happens, I was even willing not to buy my dream motorbike just to choose to invest in Bitcoin. for me to get a bright future we have to sacrifice the happiness of youth or the present. for example, to get a bright future we must have knowledge and to gain knowledge we must sacrifice our youth to seek knowledge. The point is to get a bright future there are many things we have to sacrifice, including not buying something we want and choosing investments.

Same here mate. I guess it is normal for people like us who are eager to have a better future to satisfy our present craves which aren't too futuristic. Since 2022 which was the start of the bear season in crypto, I haven't bought something too expensive for myself. I traveled outside the city only twice as well. All of these sacrifices are in the name of saving in order to invest more into bitcoin and some altcoins.

Hopefully, next year starts a major bull run. I am planning to live outside the city for months and chill. But of course, I will continue monitoring the market.

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November 23, 2023, 03:41:57 PM
 #109

It often happens, I was even willing not to buy my dream motorbike just to choose to invest in Bitcoin. for me to get a bright future we have to sacrifice the happiness of youth or the present. for example, to get a bright future we must have knowledge and to gain knowledge we must sacrifice our youth to seek knowledge. The point is to get a bright future there are many things we have to sacrifice, including not buying something we want and choosing investments.

One can sacrifice his own happiness but he cannot sacrifice the happiness and desires of his family. One can control his emotions and live a life without success of his dreams but I don't think that a parent will ever invest by sacrificing the dreams of his children. It is reality that if you sacrifice something then you will get more than this even present will be more better than past. If you sacrifice your dream to buy a bike due to the reason that you have to use that amount for bitcoin investment then I think that there will be a day when your dream will change into reality because bitcoin is the only hope of people who cannot make stable life with a single or no salary.



 

 

 

 

 

 


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November 23, 2023, 05:30:31 PM
 #110

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
If you are doing that, you are living an imbalanced life. You need to live your present well by not depriving yourself on your basic needs, and at the  same time you need to save and prepare for your future as well. That is how to live a good and balanced life. Otherwise, if you focus on your future, you will lost the essence of living your life at the present, which for me your present will determine your future. Living your present life with contentment and satisfaction is crucial so you can envision a brighter life in the future.

However, there are still individuals who have greater vision for their future than living their present well. And that's one thing that we can't change simply because all individuals are unique, and have different views and opinions on how to live life well.

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November 23, 2023, 06:11:03 PM
 #111

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I would live in the present i.e live comfortably any extra fund then is invested for the future, I can't sacrifice my present for imaginary future, I have met people who are taking care of the present inform of investing in the education of their children with the hope that in the future those kids would look after them too, those category of people has no any savings because all their money is channelled to feeding, housing and spending on the children education, this is very common in some pert of Africa and its obvious those children after they grown up and became well educated and got a decent job they tend to reciprocate gesture to their aged parents.

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November 23, 2023, 08:48:00 PM
 #112

Absolutely. Future is uncertain, so it is better to start saving as soon as possible, just in case. I see how friends of mine spend all the money they earn every month because they "don't work all day to want something and not buy it", but I'm happy valuing immaterial things, and trying to achieve financial freedom someday.

In the end you end up liking the stoic taste taken in the act of holding back yourself and saving or investing instead of spending. Dreaming with future promises is something very pleasurable too.

It's true Future is uncertain. Saving and investing provide a solid foundation to face future challenges and the arguments you convey are quite wise, which requires the key to sound financial management to support long-term financial goals and the fact is that most of us, when we have a little excess fortune, always forget ourselves. as if this is no longer needed even though life still has a long journey
But is it good to be too frugal, only thinking about the future and forgetting about the present? What is the future, is it tomorrow? And if we only think about tomorrow, does that mean we will always worry about it until we die? What is financial freedom? Because human greed has no bottom, once we have it, we want bigger things and if we keep doing that, when will we stop to enjoy life? To me, the future is something that needs to be carefully prepared, but don't neglect the present, we need to balance our lives instead of just thinking one way.
Being frugal lets you save for your future, but I don't think you need to be frugal all the time until you become deprived of your wants and needs. That is living your life the wrong way. Although you're going to maximize your savings in the future, but it will also compromise your current happiness which I think is not healthy anymore. Sometimes, you need to live life without worrying the future and just enjoy everything what life has to offer. You don't need to be very obsessed of what will be your future, you don't even know if you are still able to live your future, right?

Live and enjoy your life, no if's and but's. Be grateful of what you have and even to what you don't have. That's the only way to live your life happy and stress free.

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November 23, 2023, 09:22:30 PM
 #113

It often happens, I was even willing not to buy my dream motorbike just to choose to invest in Bitcoin. for me to get a bright future we have to sacrifice the happiness of youth or the present. for example, to get a bright future we must have knowledge and to gain knowledge we must sacrifice our youth to seek knowledge. The point is to get a bright future there are many things we have to sacrifice, including not buying something we want and choosing investments.
That can be a good thought but on the other hand it can be a double-edged sword if you just want to invest without knowing what you are investing in. But when you make a choice with that then it does seem like you know what you are doing now so I think that is a good thing because you are thinking about the future but don't let this disrupt your economy for now because when deciding to invest in bitcoin then you have to be prepared with some risks so there is no need to rush because you can also do with other strategies such as DCA. I meant is that we can invest in bitcoin but that does not mean we have to sacrifice our pending desires because if we can do both (get something you want to buy and invest) then why choose only one.

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November 23, 2023, 09:35:42 PM
 #114

One can sacrifice his own happiness but he cannot sacrifice the happiness and desires of his family. One can control his emotions and live a life without success of his dreams but I don't think that a parent will ever invest by sacrificing the dreams of his children. It is reality that if you sacrifice something then you will get more than this even present will be more better than past. If you sacrifice your dream to buy a bike due to the reason that you have to use that amount for bitcoin investment then I think that there will be a day when your dream will change into reality because bitcoin is the only hope of people who cannot make stable life with a single or no salary.
When someone grows up in a loving family, that's for sure going to be one of his goals. And that is to make his family at their best situation and will fulfill the needs when he or she becomes a working person. But you know what? This is what we call the sandwich generation where the parents are still reliant to their children even if he/she is grown up or with own family.

There is nothing wrong with that as family is forever but it's not prepared by the older family to make their children prepare for their own happiness. So, that's why stress is coming and obligations thinking that he/she should take all the burden and sustain the personal and old families needs.

This generation should break that chain and from you and me will have to stop it. Our kids should enjoy their own money in the future and we need to prepare for our own retirement so that they won't be stressing themselves thinking about us. There is nothing wrong if someone is lovely to his family. But these days are hard when most opportunities are very competitive and limited and rates are not that much.

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November 23, 2023, 09:48:24 PM
 #115

Human wants are insatiable And there is no one that can Ever satisfy his or her wants because the more you try To meet up with your presents needs the more other designs of different fashions And taste are also hitting the Market .So trying To satisfy your presnet is quite nice But investing or trying To save for future will actually enable you live up To your visioned life style And the more you save or invest for the future will also make you remain financially stabilized .
Investing and saving are just efforts to create financial stability because that is the basic goal for everyone in their own future, but some people still struggle to be able to continue implementing this throughout their lives so they can invest and save more consistently. Because the obstacle for some people in their lives is the level of consistency in investing and saving, not their desire to invest and save because almost everyone probably really wants to continue investing and continue to save for financial freedom in the future.

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November 23, 2023, 09:53:03 PM
 #116

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.


Yeah mostly I felt like that when I'm working somewhere. Because my mindset told me you are working right now right here so you must be careful on your actions. And my daily routine turns to work to house. And once I reach my spare time I starts to resting and I have bunch of money. I know whats the cost of this money and I don't want to spend for useless thing and I invest it. Almost 4-5 years past with this mindset and my goal is retiring before getting 35 then I can start to live in the present Cheesy
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November 23, 2023, 10:30:25 PM
 #117

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I have, held back because it aims to invest in the future, but I think life is only once so it should be enjoyed not to torture, life is held back to satisfy the heart for the perfect future,
Now I have changed my thinking about saving and investing by saving appropriately, even if my needs are sufficient and not holding back my desire to have my favorite things.

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November 24, 2023, 03:16:34 AM
 #118

For me personally, I don't have a problem with not buying the things I want, as long as the item is still functional I will continue to use it, for example a motorbike, even though my motorbike is around 7 years old, I still use it. I could have upgraded to buy a motorbike, but I didn't take that step, because I preferred to think about my and my child's future.

Why take experience in fashion if our life has no benefit, for years there is no end to trends, new ones will always appear every year, it is better for us to save the results of our sweat which are more useful such as saving and investing to achieve a bright future for us.

Whatever people want to say to me with my simple lifestyle, for me losing time is stupid or a waste, it's better to make the best use of time in any case. Moreover, when it comes to planning for the future, I will choose to postpone my pleasures today or hold off on buying something in my youth, and I will invest the money I get and enjoy the results when I am old.



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November 24, 2023, 12:44:36 PM
 #119

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I did feel that OP. But lately I learned how to be present with my loved ones. I think Im fortunate because I am employed to a company that respects my personal time. After work hours, I literally dont work anymore and I have extra time for my side hustles. I can also spend time with my family and friends on weekends and holidays. But I know it is not the case for everyone. First of all we have to know who we are, what we really want, and what are our priorities. Balancing saving for the future and enjoying the present can be a challenge. Its about finding the right balance that aligns with your long-term goals while allowing yourself to appreciate life in the present. We will all get there.

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November 24, 2023, 01:02:19 PM
 #120

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

Unfortunately, this is the price of a good future. We always have to save some money so that the money supply accumulates. And we always need to think about increasing it, so that later the interest from manipulating this money (trading, interest) will give us money for a Free life. If you live alone, it's easy to save, but if you live with your wife, then this whole situation becomes very complicated. They do not know how to save and create a lot of unnecessary expenses that slow down the accumulation of money. Unfortunately, it's hard, but there's nothing you can do. We need to pursue our goals further. It's like to increase the consistency in the game.

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November 28, 2023, 06:53:57 AM
 #121

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

That actually happens occasionally. Just before saving or investing, I used to budget what my saving or investment was mean for, after investment or saving, they would be unnecessary for me to spend my money on again. I shouldn't waste my money because sometimes things don't go as planned. The future is very important, so it's better to save or invest for the future instead, if the money was spend now, I used to think that things will be expenses than this in the future because of the country am living. I have really experienced this a lot. It will be very discouraging to spend money on expenses and i cannot enjoy the future. I regularly think that the future is very important. It is the reason why i was saving and investing. Although I don't generally forget them, I don't always buy what I intended to before, ignoring some need for the Future.

R


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November 28, 2023, 07:29:49 AM
 #122

It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?



 

 

 

 

 

 


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November 28, 2023, 07:50:51 AM
 #123

That's why you only invest what you can afford to lose, even if bitcoin is guaranteed to make you a profit if you HODL for a really long time, you shouldn't always go all in with the investment because you besides the potential that you might need some money for unforeseen events in your life or emergencies, there's also the fact that your mental health is suffering because all you think about is money, investment and financial freedom, you never think too much about your other needs which is detrimental to your health which can only be supplemented by tending to your other needs.



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November 29, 2023, 09:19:57 AM
 #124

It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.

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November 29, 2023, 11:44:50 AM
 #125

Imaginary future affected me for almost 3 years untill I came to understand life as a very simple place to live in as much as you are okay with your streams of income. People gets into problems because they wants much million without working towards it. Million does not come easily but a drop of penny continuously makes someone financially rich and stable.

In my country, a lot of young ages go into scamming while they forget that richness does not necessarily come out of that, they end up been addicted to drugs and squander all on luxurious things and go broke again. All their life revolve around drugs and alcohol because they don't know how hard is it to make money. Most of them end up with nothing at the end of the day because they feel scamming make them rich while they are actually poor with no foundation.

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November 29, 2023, 12:49:01 PM
 #126

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

It is ideal to invest as early so you can take profit and realization during your investment at the very start so for future investments you don't need to get carried away with your decision making, still its good to have this but as always don't just focus on it try to enjoy in life at least your investment will be nothing even you can't have a self-care if you can invest in money try to invest too in your self, this could be bonded, so you will enjoy your profit in your investment with a god health. Saving  and investment is good so you can get a good amount of cashflow could be sustainable for your daily needs and wants, there's no proper rule in investment and saving as long as you can see your portfolio gaining a good amount its good enough. 

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November 29, 2023, 01:59:11 PM
 #127

It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.
In a consumerist world, less is more is often eclipsed by luxury and indulgence. Saving for trips through agencies is a good concept, but are we missing out on investment opportunities? Investment options with better returns abound in the modern economy. Could we be undervaluing compounding investment gains by pushing for simple enjoyment of life? Enjoying the now and planning for the future is tricky. While you rightly emphasize living within our means, may this strategy be restricting, especially considering the capacity of solid investments to generate wealth?

Financial preparation matters more than ever in today's economy. It's important to plan and understand our financial options. Are folks taking advantage of tax-advantaged accounts, high-yield savings, and compound interest? You say investment doesn't stop luxury, but may smart investment enable sustainable luxury? This method demands extensive personal finance and investment knowledge. While we encourage enjoying life's simple joys, shouldn't we also learn how our financial decisions might help us do so sustainably and responsibly?

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November 29, 2023, 02:18:22 PM
 #128

It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.
In a consumerist world, less is more is often eclipsed by luxury and indulgence. Saving for trips through agencies is a good concept, but are we missing out on investment opportunities? Investment options with better returns abound in the modern economy. Could we be undervaluing compounding investment gains by pushing for simple enjoyment of life? Enjoying the now and planning for the future is tricky. While you rightly emphasize living within our means, may this strategy be restricting, especially considering the capacity of solid investments to generate wealth?

Financial preparation matters more than ever in today's economy. It's important to plan and understand our financial options. Are folks taking advantage of tax-advantaged accounts, high-yield savings, and compound interest? You say investment doesn't stop luxury, but may smart investment enable sustainable luxury? This method demands extensive personal finance and investment knowledge. While we encourage enjoying life's simple joys, shouldn't we also learn how our financial decisions might help us do so sustainably and responsibly?

this topic is about people already planning and have achieved financial security are then left wondering what to do with their accrued wealth win-fulls
ofcourse "waste it all" is not part of any plan. but neither is "save it all"
ofcourse you should allow your wealth to accrue more via financial planning. but you should also include a smaller set budget for todays life activities
if you set budgets for vacations. hobbies and a small budget for "F**k You money" where by you dont care what you spend it on. you stop feeling guilty about spending it, because its in the planned budget

alot of people spend years waiting for the win-full but when it arrives feel afraid/guilty for spending it. but if you set some budgets. it's you giving yourself permission to spend it knowing you are not causing future hardship. because its in the planned budget which has calculated to not cuse hardship

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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November 29, 2023, 10:38:42 PM
 #129

It's always advisible to invest for the future but we also have to try and enjoy the present. There's a difference when you can't enjoy the present with the money you make because you have too many responsibilities and when you can't enjoy the present because you're saving for the future. We have to try to do things that will make us happy and keep our minds in sane. The purpose of an investment is to have a better life in future, but it doesn't mewn we have to live s very unhappy life now.
Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.

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November 30, 2023, 01:25:50 PM
 #130

I did the opposite by investing and losing and then regretting what I did, but it's no use because it has happened, it's better to take it as an experience to be wiser in managing my finances in the future.
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November 30, 2023, 01:33:55 PM
 #131

I often imagine losing my money when investing and think about it again, and say why didn't I divide it up first so I didn't put it all in.
but I don't make myself suffer by holding back the things I want.

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November 30, 2023, 02:19:20 PM
 #132

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think, Sure, life “experiences” are necessary, but the future is important. I am not a selfish person who only lives and spends for myself. Each person will have their own family and it is your responsibility to save and build for the future. Some people I meet have the mentality of being satisfied with what they have and don't need to think about the future. That makes them always think "satisfied" and "excited" in the present.
“experiences” help make current life meaningful, interesting and valuable. It helps us have more experience and also become more mature. So, a harmonious combination of present and future development thinking will be best.

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November 30, 2023, 10:51:57 PM
 #133

It’s okay to try to live in the present too; have fun, go to the cinemas, buy something you’ve always deprived yourself of, even travel and go on vacations. However, too much of it will leave you at an empty wallet, and if not careful, you may not even have any investments anymore because you could get stuck, and you start touching your investments to pay for the main things you needed instead. So, best thing to do is; invest for your future and be very disciplined about it because your investments today can be the reason why you’ll own a luxurious home and car tomorrow (you will even buy what you want and not just what you need anymore), however, once in a while, you can reward yourself for the progress and discipline. So, you only get to reward yourself if you’re actually doing it right. See how that fuels even more savings/investments?
people feel you have to have millions before you have fun and they forget you just have to spend a small amount of money just to have fun at least once in a while to go on trips and visit new places, most things are just what we need to make our life better you don't have to fly economy than flying business and we should learn to enjoy the little we have when you constantly do all these things you will even leave long you always happy and doing fun things eat good food, I think there are agencies that you can safe money for your vacations with until maybe the end of the year so with this you don't need to touch your investment money and you can also safe for things like this, investment does not stop luxury, it is just for you to have a plan, and have a good method of execution and you will see how your life will turn out.
Yes. It is evident that having fun isn’t compulsory tied to financial status. If we look at Africa, it is commons to see pictures of really happy kids, they are always smiling, dancing, playing games, and having their fun. Some little things that most of us overlook could be fun only if we are able to perceive it to be so.

Btw, your statement “investment does not stop luxury” kind of sounds contradictory (to me). I think so because I don’t believe that you can be actively investing and be actively spending luxuriously. Or maybe you mean for a super wealthy person? Because if you do not have so much wealth, you can’t do that. But then, if you have so much wealth, what are you investing for? Just thinking.



 

 

 

 

 

 


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December 01, 2023, 01:11:38 AM
 #134

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think, Sure, life “experiences” are necessary, but the future is important. I am not a selfish person who only lives and spends for myself. Each person will have their own family and it is your responsibility to save and build for the future. Some people I meet have the mentality of being satisfied with what they have and don't need to think about the future. That makes them always think "satisfied" and "excited" in the present.

Honestly, I like those kinda people. At least they are living in present and enjoying it. We could die next moment, who knows?

Yes, future is important but if you are letting go of present for that, then it's not worth it.

Quote
“experiences” help make current life meaningful, interesting and valuable. It helps us have more experience and also become more mature. So, a harmonious combination of present and future development thinking will be best.

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December 01, 2023, 03:08:01 AM
 #135

Just focus on present first because if you live unhealthy present and suffer from different types of stress due to lack of money but are in hurry to make your future better then it does not sound suitable. If you have little money and you have to complete you wish in present and also invest some amount then I think you should prefer your dreams because there is a specific timing for dreaming and in old age you will have lots of money but your dreams will be no more.

A person who has to look out his house is a responsible person and he Don't think about his dream but just concentrate to invest amount that will help him in carrying out his responsibilities well. Spending too much money in nonsense activities is not a good move but if a person is not using money in buying necessaries things then he is also not doing a good job. Carrying out responsibilities, saving, investment and fulfilment of dreams is all possible but if one understands to use money according to plan.









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December 01, 2023, 03:51:47 AM
 #136

Imaginary future affected me for almost 3 years untill I came to understand life as a very simple place to live in as much as you are okay with your streams of income. People gets into problems because they wants much million without working towards it. Million does not come easily but a drop of penny continuously makes someone financially rich and stable.

In my country, a lot of young ages go into scamming while they forget that richness does not necessarily come out of that, they end up been addicted to drugs and squander all on luxurious things and go broke again. All their life revolve around drugs and alcohol because they don't know how hard is it to make money. Most of them end up with nothing at the end of the day because they feel scamming make them rich while they are actually poor with no foundation.

This is the influence of friends' environment and this is where the importance of minimal, most basic education from the family. If it is considered trivial if the child is out late at night and we don't ask or even follow his movements/activities then don't expect it. No matter how rich their parents are, they will end up with regrets and problems one after another.

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December 01, 2023, 04:39:11 AM
 #137

Yes, this always happens. Due to the increasing difficulties of life day after day, the constant high prices, and the increasing need for money to cover daily and future expenses, you will find yourself seeking to earn money or save for the future without enjoying your favorite life.
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December 01, 2023, 05:15:37 AM
 #138

Danger can come anytime in human life and people can die anytime so we can consider the future as uncertain. There is a need to plan for the future because we all expect to live long and if we live long we must plan for the future. But none of us ever think about planning for the future because when we might die, the idea never comes to our mind because we always think that we will live for a long time. Planning for the future and implementing that plan is okay as long as one's present is okay. If we forget our present and think a lot about the future, then it will not be very useful. We have to live well in the present as well as think about the future only then we can lead our life well. Thinking about the future, if we forget to eat and drink in the present and do not live a good life without eating nutritious food, then we will have to live sick in the future.
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December 01, 2023, 05:58:19 AM
 #139

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think investing is one of the best ways to reach good goals in a person's life. When you plan an investment for the long term and hold on to its success, you must give up small gains. If you want to buy something, you must sacrifice a lot in terms of investment. If you have invested money to buy something, you must give up many achievements and rely only on this investment for the future. The future planning you invest in to shape your life is your main objective and your investment will secure you financially in the future. And everyone wants to enjoy a great life, so I guess everyone invests for a bright life in the future.

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Porfirii
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December 01, 2023, 06:13:00 AM
 #140

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

That's something very intimately linked to personality. There are very impulsive people who aren't capable of saving the most basic percentage of their income just in case, and those who find it difficult to waste in nonsense the money they got thanks to their hard work.

My two best friends are like that: one cannot resist the temptation (whatever it is) and the other one doesn't even have a coffee when we hang out together. So, knowing well the two extremes, I'm well aware that the virtue is in the balance, like Aristotle would've said.

One should save for the future while he's got the tailwind, but not to the extent to sacrifice the present for a future that we take for granted but is not sure.

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lixer
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December 02, 2023, 11:25:54 AM
 #141

It's always advisible to invest for the future but we also have to try and enjoy the present. There's a difference when you can't enjoy the present with the money you make because you have too many responsibilities and when you can't enjoy the present because you're saving for the future. We have to try to do things that will make us happy and keep our minds in sane. The purpose of an investment is to have a better life in future, but it doesn't mewn we have to live s very unhappy life now.
Life is meaningless of we're not happy so go on that vacation, buy the things you want but try to live within yoir means. The problem raises when you try to go above your means.
There should be a balance between the two. You shouldn't ignore saving money or making investment but you should also not make yourself and your family suffer and live a miserable life just because you have to prepare for the future because your future means nothing if you are not living a good life right now. I know that preparing for a better future for yourself and your family is a great thing but that doesn't make your present useless which means that you should equally invest in your present.

And it's not just about money, a lot of people tend to spend no time with their friends and families because they are busy making more money so that they can save or invest for their future, they don't realize that they are wasting their golden years and when they get into the future, they will wish that they had spent more time with their loved ones instead because money and everything else can come any time, but you can't have your loved ones around forever.

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December 02, 2023, 01:25:17 PM
Merited by fillippone (1)
 #142

Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.
I think realistically, indeed investing for the future will be very promising, especially if you invest with bitcoin or layer 1 coins. but you also have to think, in addition to having fun in the future we are living today. and will not know when we will die and leave all the assets we have. so my view, have fun for today and the future.

I myself started organizing my finances from now on. i allocate about 40% for future investments, and more for current needs. why only 40% for future investments? because i live in today, and assume that what i invest in does not exist, so I don't think too much about the asset. and maybe I will inherit it to my children.

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December 02, 2023, 01:32:19 PM
Merited by fillippone (1)
 #143

budgeting is the answer

EG those that are full on anal about saving.. budget it
for instance
new bedframe and mattress every 8 years (expect 4 years incase of damage) $1200 / 48months = $25/month to save
new fridge freezer every 6 years (expect 3 years incase of damage) $600 / 36months = $17/month to save
new washing machine every 6 years (expect 3 years incase of damage) $400 / 36months = $12/month to save
new boiler every 10 years (expect 5 years incase of damage) $2500 / 60months = $42/month to save
new PC every 6 years(expect 3 years incase of damage) $600 / 36months = $17/month to save
meaning you would put aside $113 a month to cover appliences whereby within a few months you can cover if one of them stopped working

and then set a budget for hobbies. that way because its part of a budget there is no guilt in spending because its part of your affordability plan
and then set a budget for "f**k U money" hobbies. buy anything in that budget there is no guilt in spending because its part of your affordability plan

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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December 02, 2023, 02:02:11 PM
 #144

Every human would like to live in the world of dreams. Every human has dreams. But living in the world of thoughts and dreams is not a good thing. There is no limit to human thought and likewise no limit to desires. Therefore, we cannot depend on the imaginary future. But sometimes ،it feels good and the heart wants us not to get out of the settlement of these thoughts.
But despite all this, life and its economic problems are very bitter and painful. We have to face these problems bravely. So we should make effort to improve our finance.

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December 02, 2023, 03:17:19 PM
 #145

Everyone has a lot of dreams about the future but not everyone has a plan for it or even if they want to it becomes difficult to save money because as like i have a family and it's costs a lot of money to manage family and also myself, even i need money in a month more than my monthly income.

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