Luxury kills

[peter0425]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

[ColdLava40]

 As a matter of fact this is actually one of the things that can limit a persons growth. as to how they can sustain them selves most especially those who are trying to do things just to impress other I actually think it is very childish because the people you are trying to impress don't actually care.

for me I think it's wise to know how when to do things, buying luxuries are not bad whats actually bad is when all your focus is just on how you want to spend even when you are not financially stable.

Well for the younger generation I believe that the way a parent train their children that's how they will grow up. so parents should leave as an example to their children.

[Coyster]

The truth is you would hardly find anybody out there who doesn't like luxury, the question is, can you afford it. Buying a phone or new clothes (depending on the brand) does not count as luxury to me though, neither does having dinner in a good restaurant. There is a fine line between purchasing for yourself things you can afford without any financial implication and saving every dime you have and suffering from deprivation and not enjoying life.

That said, it is important to be disciplined and delay gratification. If one must be rich, they have to learn how to be rich, and to do that you invest in yourself first, then invest in appreciating assets and allow the returns on them to buy you the stuffs you need.

[libert19]

Man, I don't know, life is short, if one wants to indulge in luxuries, let 'em be, sure you shouldn't be enjoying luxuries on cc/loans but as long as you can afford 'em, who cares? There is specie of people who save/invest for imaginary future while being frugal in present, I ain't fan of 'em; sure I don't say forsake future planning altogether but have balanced attitude, enjoy luxuries and save/invest as well.

[Japinat]

Sometimes, those who want luxury and would die longing for it are those who haven’t experienced luxury yet because they lack the funds to afford luxury in life. Luxury kills if you earnestly crave for it even if you know you aren’t capable to afford it, because you are only working with such a low compensation, something that is only good for making ends meet, no extras for luxuries.

However, luxury becomes a reward for yourself once you do something great and commendable. But it isn’t actually a necessity, but just a choice or an option.

[Jegileman]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

We have come far with this technological development and trend that tends to become a thing of concern for the younger generations whom are not putting into the right place at their age. We have seen numerous examples of children getting influenced by peer groups and making them feel like their parents are not doing enough for them just because they want to feel among with the trend.

From a very young age, teach your wards the art of content and appreciation for every little thing that comes their way, in that manner, we will see a very big reduction in peer group effects, trends followership and so on. A very good family background, home training can limit that. A trend is always changing and when you don’t have the means to be in that trend, wait for the time you’re capable because when you rush into one and not capable, that will become obsolete someday also and another one will emerge which makes you forget becoming unsatisfactory.

[Cheema02]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

Yes, it's a reality based discussion which your are brining in ground. In this era, younger generation is eaily caught up in the desire of material things. Ni doubt our social media and trends push us to want the latest technology, branding, clothing. I want to know wether these things truly bring happiness or just create pressure to keep up with others. If we follow other people's dreams as they are living we will be destroyed and waste our money for the things that will never benefit us. It will be the loss if time, mindset and money to follow other's path. Luxury lifestyles and the latest trends or technology's will to adapt them will divert us from the progress path and throw us in the darkness which have never experienced. At that time we will feel these things as temporary and just waste of money. Having food, simple clothes and a house is enough to survive. So why don't we put out ourseleves in trouble by adapting the modern fashion and trends?

[HONDACD125]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

When it comes to affordability, some can afford it and avail it, and some cannot really afford it but they decide to go with the trend anyway because they want to show society that they are not behind in anything, and I really hate this type of mindsets when people go above and beyond only to please the world, but it doesn't really matter at the end of the day. You can't please everyone in life, so your decisions should be based on your own understanding of what's good and what's bad for you from any perspective, be it financial or anything else.

If you can't afford something, if your financial situation or status doesn't make you eligible for something, you should do it, it's as simple as that. It's foolish to borrow money from people and then spend that money on things that aren't important and can be abandoned or ignored. Young people pressurize their parents to get them what they want even if the parents can't afford it, and then they get compelled to take loans, or borrow from others, only to fullfill the useless wishes of their children so that the children can look cool.

[boyptc]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

They have a different priority and that's why they're spending the wrong way. They're doing it to impress people and get validation from the society through social media post.

It's sad that the new generation is going this route when they are not obliged to impress others.

This because they have to live their lives and enjoy it. Be grateful with what they have and they don't have to be problematic about spending money on cheaper things that they need than the wants that they don't need.

[Iroh]

I think a great number of people living on the earth today would love the good and newer things that technology has to offer. It doesn't necessarily mean they're materialistic. Being materialistic and loving a better and an easier life isn't quite the same. Your topic says "luxury kills". It actually doesn't. Our greed and selfish desires to acquire luxury items that is not affordable to the common man  is what would ruin us all up in the long run.
If your priority involves acquiring the new tech or luxury item as it is released, go for it. If you're also living way above your means in trying to maintain a facade, that's all good. Know that that people would happily indulge in your excesses and would stay away from you like you've got the bubonic plague when you hit rock bottom.

[SUPERSAIAN]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

It's hard to find someone who doesn't love luxury, especially in today's world. If you're trying to spend money on luxuries from your own income, you won't be able to go any further. Instead of focusing solely on consumption, you can save a little and create your own system that generates passive income through your savings, allowing you to indulge in luxury spending.

If you continue to focus solely on luxury consumption, you'll face major setbacks.

[aioc]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

It can kill you if you cannot keep up. Imagine saving for a new phone, and when you've saved enough to buy it, a new, upgraded version comes out in the market, making the one you just bought out of style. Or, spending your salary on a luxurious one-night dinner and taking a loan to sustain yourself for the whole week.

It's challenging to maintain a luxurious lifestyle if you don't have the means to afford it; it's always best to live within your means. Be satisfied with what you have, don't pretend to be someone that you're not.

[Ultegra134]

Most people nowadays are too materialistic, especially the younger generations, but not necessarily. I personally prefer not spending too much money for smartphones or other accessories, such as smartwatches etc, it's a waste of money. The fast-fashion industry won't "kill" you, but they'll make you miserable, by always looking out to buy the latest gadget, and because you'll be constantly spending money. It's a lifestyle you can't keep up.

[Fortify]

There is nothing new about this behaviour but it's extreme to say "it kills" when you've given no further context within the body of your post. Everyone has different circumstances, so nobody is going to be able to give you a blanket answer. Younger generations often take a while to really learn the value of money and think having the latest clothes/gadgets/cars/etc is more important than having secure finances. Many people out there do live beyond their means, but if it makes them happier then it is not for us to judge whether it's a bad way to spend money. As long as they pay down their debts they can do what they like.

[Zlantann]

The truth is you would hardly find anybody out there who doesn't like luxury, the question is, can you afford it. Buying a phone or new clothes (depending on the brand) does not count as luxury to me though, neither does having dinner in a good restaurant. There is a fine line between purchasing for yourself things you can afford without any financial implication and saving every dime you have and suffering from deprivation and not enjoying life.

That said, it is important to be disciplined and delay gratification. If one must be rich, they have to learn how to be rich, and to do that you invest in yourself first, then invest in appreciating assets and allow the returns on them to buy you the stuffs you need.

It becomes a luxury when you buy something you cannot afford. A cup of coffee could be a luxury to someone, while it's normal to another person. It's becoming a concern to see young people these days spend so much on devices like phones, even when they have nothing in their bank accounts or any form of investment.

Life is too short not to enjoy life. I support the idea of spending on expensive things that give life flavour. But when it comes to spending because you want to live like others or conform to a standard, even when you cannot afford it. I see it as financial illiteracy and low self-esteem. An associate in my workplace who lives a flamboyant lifestyle ends up borrowing from those who live modestly.      

Luxury doesn't kill if you can afford it. 

[davis196]

People nowadays tend to be easier tempted by materialistic things. Wherher it’s the brand new phone, or a brand new line of clothes, a new coffee shop or restaurant to try. Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

Do you believe that it was different in the past? I think that the people were into materialistic things since the early days of the human civilization. Everyone wants that luxurious lifestyle and there's nothing wrong with this. The problem is how to achieve such lifestyle without getting into debt and without doing anything illegal. Social media creates are fake world, where broke people(con artists) brag about their fake "luxurious lifestyle" with rented Lambos and rented 3 million dollar apartments. Most people trust this fake BS. I just don't use social media anymore. Too many lies and fake stuff everywhere. The fake AI slop actually made social media even worse.

[Stepstowealth]

People nowadays tend to be easier tempted by materialistic things.

This can be traced to the influence of social media, seeing your peers or others having things like that can really influence you into wanting to get those things.

can they really afford it? Are they living above their means?

Many of them really do not care if they can afford it or not, they are just interested in having it. This is why you find most young people more willing to involve themselves in illegal activities or activities against moral standards, just so that they can be able to get the money to purchase these things.

Do the younger generation have their priorities in reverse by succumbing into luxuries?

Yet again the influence of social media cannot be deniable here. The younger generation now focus on things that they should not be focusing on yet and then ignore the things that he should be focusing on.

[Majestic-milf]

It becomes a luxury when you buy something you cannot afford. A cup of coffee could be a luxury to someone, while it's normal to another person. It's becoming a concern to see young people these days spend so much on devices like phones, even when they have nothing in their bank accounts or any form of investment.

Life is too short not to enjoy life. I support the idea of spending on expensive things that give life flavour. But when it comes to spending because you want to live like others or conform to a standard, even when you cannot afford it. I see it as financial illiteracy and low self-esteem. An associate in my workplace who lives a flamboyant lifestyle ends up borrowing from those who live modestly.      

Luxury doesn't kill if you can afford it. 

You're right. If you can afford it, it isn't bad but there are those individuals who just because they want to belong and not just cause they want to do it for their pleasure, would go above and beyond just to purchase something above their pay grade. Also some people have this "YOLO" mentality which is cool because you may miss out on the fun things of life if you don't live a little but unfortunately, it is not everyone that has the ability to draw a line between excessive spending and treating one's self right.
 

[Helena Yu]

They live above their means, but they will find a way to pay it.

Example for women, they will seek for 40+ years old fat men because they usually willing to give money as long as they can have a sex with that women. There are rich handsome men too, but they're not easy to get like those fat men.

That's why we see most influencers or public figures are stay single, they can get money from many people instead of relying to one man.

It goes opposite with younger men, younger men know how to save, invest and work hard to build better future.

[Rgram]

Everyone wants to buy it immediately but the question is, can they really afford it? Are they living above their means? Do the younger generation have their priorities in reverse by succumbing into luxuries?

Even luxury could be a driving factor, a motivator that pushes you to do that which would aid you in arching that mile that you didn’t think it reachable in no distant time. I don’t consider it the ultimate but, I’m saying it could be useful that way. One day, I’ll buy this or buy that or travel here and there for this and that… things like that and you find yourself putting in work to archive it.

For some, they might come to a stage in life and realize, they don’t really need to do that and the things they need to do are the simplest things that have been neglected for far too long.