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Author Topic: Yea money solves problems, but it also produces other problems!  (Read 541 times)
Maslate
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Today at 08:43:13 PM
 #81

Money is crucial in our daily lives, however once abused, once greed is prioritized, no amount of money will stay in your bank account since being irresponsible will lead to losing all of them gradually, until you get surprised one day that you're already struggling again with your remaining finances.

Self-control and discipline still matter a lot, as much as they are essential in times where you are struggling to accumulate funds, the same way that you have to execute them when you have already earned massive amount of funds. Because otherwise, if you do not get serious with your funds, it will still run out and eventually face a bigger problem, life's survival.

 
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Today at 08:55:34 PM
 #82

I would say the biggest "problem" of having money is that it comes with lots of responsabilities. You will have to spend your time managing it properly, otherwise, it goes away... People think that to have money is only fun and freedom. But it's not. You have to give up on a lot of leisure to maintain your money or to grow it.
Yes the more money you get means that your responsibilities would increase because your expenses will multiply many times depending on the level that you want to mantain, some people will say the more money you get the more problems you will see but the problems would be nothing if you have money to take care of them. One of the big problems of money is how to manage it, if you cannot manage your riches you will gradually lose it, some people says that it is easier to become rich than managing to remain rich, that is why you will see rich people who became poor due to their poor financial management. Being rich is not only about enjoying luxury lifestyles if you don't work hard to mantain you level or go higher then you will start to go downward which would be very bad. Better not to be rich than becoming rich then fall to become poor, it is usually very deverstating.
That devastation that comes from being poor after being rich at some point of your life, is never something I will wish it happens to anyone, but life happens anyways. But in some instances an individual are responsible for such misfortune, if you are rich don't become too comfortable instead you should keep working more harder in other to have more streams of income, so many people don't survive the devastation of being poor after being rich, life can become miserable that you might not be able to start all over again, some can become depressed and think of ending it all by committing suicide.

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Felicity_Tide
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Today at 10:27:39 PM
 #83

Some part of the writeup are a bit confusing while others are understandable.
You were actually trying to pass a message, but the whole the is not adding up. So just because it takes a lot of time to make plans when trying to get a bigger house, automatically becomes a problem?... I honestly don't know how that fits into the category of problems. It's just like saying... because it takes more time to wash a car and lesser time to wash a bicycle, then owning a car is automatically a problem.

Of course, I can agree that human desires are insatiable, which means, people just want to keep making more money no matter how much they already have. But that doesn't mean that the extra cost of spending money should be a problem to those who have more to spend. And, it is advisable for everyone to spend according to their income, and not put themselves in financial troubles, but how about we discuss the problems that comes with not having money... I guess that's where the actual discussion lies.

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Today at 10:52:34 PM
 #84

There's no problem with having a greater access to finance, the only problem there is when you don't take responsibility on your finances and you focus more on spending a lot than saving for emergency funds and saving for future investments.

Financial problems happen when you start living beyond your means, when you fail to track of your expenses, thus when emergencies arise, you end up struggling to take loans and drown in debts because of wrong mindset and wrong behavioral habits.

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Today at 11:07:44 PM
 #85

Financial stability without financial discipline is useless. Because you will still ruin all your earnings in the end due to bad financial habits that could drain your bank account and leave you trap in debt. Having financial stability is a big achievement, but not everyone who's there in that position can sustain it but more likely become greedy and turn into wasteful spending.

And this where problems may start, without financial discipline, without financial purpose, and without financial aims or target for long term. One wrong financial move can lead into losing everything you have.

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Today at 11:08:10 PM
 #86

Money indeed solves a lot of problems but that doesn't mean that anyone that has it would stop having challenges, both the rich and the poor are definitely going to have things that they are always going to be dealing with. for a lot of wealthy people one problem a lot of having money comes with is the pressure to make more money, this is what makes them become overly greedy, it is human nature to be insatiable, no matter what we have there is always going to be a quest for more. It always seems having money makes you realize problems that you never thought existed.
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