Irresponsible spenders consumes their retirement resources and losses values.

[Strongkored]

While most of us thinks that there are only addicted gamblers who are reckless spenders, I want to let us know too that there are other reckless spenders who are even Irresponsible to their responsibilities and bringing about devalues to their influential personalities.

If at the time of retirement, he could not manage his pension funds properly then that was also what he had done before retirement, spending his salary for pleasure or exceeding his ability so that it is in debt, my intention is that today you cannot be responsible for your income then that is also actually happened in the past and what will happen in the future, so people will not be able to suddenly be responsible for their income all need a process.

I am not sure of my instincts towards this man but with experiences from people of such nature, they are ones who lavishes their money on pleasures and does not have plans for their futures, they ends up regreting after much expenses when they runs out of funds.

Maybe you are wrong to judge the situation that is happening near you, because that is also what often happens we judge someone only from one event and think he is someone like that. Actually it is not wrong when someone wants to enjoy life by buying luxury goods or eating expensive food or a little spree as long as it is not done so on, because sometimes when you buy luxury items that you have been after for a long time can provide better motivation to find income or for those who have retired can feel happier what is important not by debt.

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[Dewi Aries]

If someone can manage their spending and savings of course it will be very easy for them to be able to have investments that they can run well, when someone chooses to save and restrain themselves from spending their money of course this is very stupid because they have taken the trouble they suck at making money and they don't enjoy it themselves.

Preparing for emergency needs is of course very important to be able to meet these needs because we ourselves never know when we will need these needs and if we don't have savings that we can use of course it will be very difficult to meet these needs and avoid bank loans for things that It's not necessary, of course it's very good because if we have a bank loan, of course this will make it very difficult for us to pay it off if we don't have income that we can use to pay it.

Indeed, having an emergency fund is very important nowadays because we really don't know what will going to happen in the near future, just like when pandemic strikes us, some people aren't prepared because they are all complacent on what they currently have, without preparing theirselves, so in the end, majority runs out their savings and some of their investment has been sold due to emergency needs.

Of course in any case saving to be used as an emergency fund is an action that must be considered because it does have very important benefits to help overcome some of the problems that come unexpectedly, as you said which a few years ago we were faced with a pandemic situation, there are some people who have a very concerning life because they have never thought of saving before, but there are also some people who remain in a fairly safe situation because they have a habit of saving from far - far away which in the end the good habit really provides significant benefits to help maintain survival.

However, having a long term mindset is a good way to think, because with this, it is more likely that you will prioritize preventive measures such as having a habit of saving money to overcome some problems that come unexpectedly.

[Jody.Drummer]

Maybe you are wrong to judge the situation that is happening near you, because that is also what often happens we judge someone only from one event and think he is someone like that. Actually it is not wrong when someone wants to enjoy life by buying luxury goods or eating expensive food or a little spree as long as it is not done so on, because sometimes when you buy luxury items that you have been after for a long time can provide better motivation to find income or for those who have retired can feel happier what is important not by debt.

yes, that's right, there's nothing wrong with buying goods or shopping for luxury goods that they really want, it's just that they have to be able to look at their own finances, I mean they have to be able to balance the income they earn, don't let us want luxury but our financial situation unstable, because it will only make us difficult. going on a spree or buying things that we have long dreamed of is the same as appreciating ourselves.

Don't let us want luxury but to fulfill that desire we borrow money to be able to buy what we want, that is not recommended because it will only make things worse even though we can have what we want.

[doomloop]

Irresponsible people like that are everywhere, they live on the now and care nothing about the past or the future, and no matter how many times you try to help them they are never going to listen as they believe themselves to be smarter than you, so let them be and avoid putting yourself on their path of self-destruction, as once their money runs out, instead of changing their ways they try to get someone else to fund the lifestyle they believe they deserve.

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

I also heard a saying that we should accept that we are not good enough and there are someone who will always be better than us. They might be correct with that and this is what you are trying to imply here. I think the real ones that you want to give to them right now is advice but this might still help them if their current ways aren't.

[junder]

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

I also heard a saying that we should accept that we are not good enough and there are someone who will always be better than us. They might be correct with that and this is what you are trying to imply here. I think the real ones that you want to give to them right now is advice but this might still help them if their current ways aren't.

that's what is called regret, with those who only think about the present without thinking about the future which must be prepared for, I don't think they will be ready. Many people only think about the present so they spend the money they have on things they really want, such as fulfilling their desires, whether it's gadgets, vehicles or clothes and other accessories that have big brand names and high prices, so they don't thinking about his future.

Giving advice is also not a bad thing if our intention is to help them so that they don't have difficulties in the future because our own future is our own responsibility. Don't ever think that if we spend all the money we have on what we want, it will guarantee our life. Maybe it will make us happy,  but in my opinion it will only be for a short time.

[Gladitorcomeback]

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

There Is nothing wrong with living in the moment, and everyone should do that as long as they can afford to do that. And, the affordability should only be checked after the person has done all the necessary stuff they need to do with their finances and the very first one is securing the future.

A person who has a lot of money in the present should make sure that they and their family have a secure future because they have made investments, started businesses, saved money, and have done everything required to make their children's future secure and so that they don't need to face financial problems when they grow old.

If someone has done all that, then they are free to do whatever they want in the present.

[Yukyzu]

I hear a saying that what important is now and not the past or the future. Those peeps believe on that and only living the moment. Maybe they don't need a help for now but there will be a time that they will do, once their resources have depleted. That must be the time that they will admit their mistakes.

There Is nothing wrong with living in the moment, and everyone should do that as long as they can afford to do that. And, the affordability should only be checked after the person has done all the necessary stuff they need to do with their finances and the very first one is securing the future.

A person who has a lot of money in the present should make sure that they and their family have a secure future because they have made investments, started businesses, saved money, and have done everything required to make their children's future secure and so that they don't need to face financial problems when they grow old.

If someone has done all that, then they are free to do whatever they want in the present.

It is true that everyone has the right to do what they want now as long as they are able to fulfill their desires, but thinking about the future is certainly a very important thing to do because we don't know for sure whether when we are old we will still be able to do the same work we did when we were young. young or not, so it is important for us to prepare for old age by investing or building a business so that we can get results from both of these things.
I agree with what you say, when someone has prepared for their future of course they have the right to enjoy their wishes at any time and this will not affect the finances they have.