Spend your money wisely and stop your extravagance

[Starmix]

Money making is a difficult thing if it's partnered with extravagance. It doesn't mean that because you start investing the next day, money flies to your wallets so you order many things. You may have won or gained a huge amount from your investment but it doesn't mean it's forever. Use your coconut shell , save and spend your money wisely instead. Risks in business are unavoidable and inevitable. The choice is yours.

 

[Fidelia]

Extravagance is caused by the desire to show off. It is good and can't boost your self esteem but it is not good when you are struggling financially.

 

[Starmix]

Extravagance is caused by the desire to show off. It is good and can't boost your self esteem but it is not good when you are struggling financially.

That is right, boosting is something in the head of a new investor for self-esteemed recognition which is not good for me. It is best to accumulate the money for future investments.

 

[King Belieal]

Th funny part is that most times, the efforts that we show extravagance impress people, most people don't even notice. It is better to live a modest life.

 

[Starmix]

Th funny part is that most times, the efforts that we show extravagance impress people, most people don't even notice. It is better to live a modest life.

Yes, that must be what the successful business owners must do to live in a modest life and highly respected by people.

 

[freelancermaria]

Some people lead lavish lifestyles to show off, without considering their future sustenance. Personally, I prefer to save and invest rather than splurge on things that hold little importance to me.

 

[Starmix]

We need to spend money wisely this time, life is hard. Prices never go down and we don't know when this ends. Money is hard to produce but easy to waste, so we need self control and discipline.

 

[magnus2022]

Money making is a difficult thing if it's partnered with extravagance. It doesn't mean that because you start investing the next day, money flies to your wallets so you order many things. You may have won or gained a huge amount from your investment but it doesn't mean it's forever. Use your coconut shell , save and spend your money wisely instead. Risks in business are unavoidable and inevitable. The choice is yours.

Saving money involves a lot of discipline. Without discipline, it is absolutely difficult to save a dime.

 

[Starmix]

Saving money involves a lot of discipline. Without discipline, it is absolutely difficult to save a dime.

That's right. It needs a lot of discipline for the individuals to save especially this this when it's hard to save because of the high cost of commodities.

 

[King Belieal]

When someone that earns averagely is going for premium when he or she can get the same utility from basic, there is something that is wrong with the mindset. And such a person can't really do well financially.

 

[Springtime]

The world economy is not good in general. Life is hard. While we make an effort to work hard and invest to earn money, we also have to spend our money wisely. Just buy the things you need. Never spend more than you earn.

 

[Fidelia]

The greatest display of wanton financial recklessness among young people now is in the area of fashion. Why would a young person earning less than $100 be wearing a Luis Vuitton shoe? To what end?

 

[Augusta]

This should be like words on marble. You would lose more money when you spend and spend more money

 

[Starmix]

The feeling is tempting once having money however, it is through self- control where we can stop our unneeded wants.