if I may be honest I always spend all my salary to buy a certain item I like, yeah I'm very hard to control my desire to buy something, there is the suggestion that I was not too extravagant?
In the past this habit was just a wasting of my money for me and I preferred to save and invest in the future but now I realized that spending our money on our life is also beneficial and worthful to spend it on our family members as no one know about the future that will it be with us or not.
Not being able to save money is not a bad trait at all. People are deeply social creatures and as such do what they are expected to do. And people are expected to spend their money and make it circulate. What is bad is when you spend the money that you dont posses. Saving is good for people that know what they want and who knows that what they want is good. In other words savings are for individuals. If you feel like you are just part of the herd you will feel strong urge to spend all your money. And it absolutely doesnt matter if you have a million or 100 dollars.
And ive found why does people in power does a scaremongering. They think they are helping the economy by making people think that saving for the future is worthless, hence increasing the spending. Does those wannabe gooddies havnt thought that they make the sittuation real by projecting it?
Not saving is not a bad trait, yes, but it is a bad decision. You never knew the time when things gets rough especially in the financial aspect of persons life. Taking care of this thing in the earliest possible time and preventing the needs ask someone for a loan can save you from the trouble of bothering people with your need.