Post
Topic
Board Economics
Re: You don't earn money only from others, but also when you avoid spending your own
by
qwertyup23
on 01/08/2022, 11:40:10 UTC
People create so many worthless fixed expenses nowadays. It can be monthly subscriptions of services they barely use, eating out too often, purchasing superfluous clothes, accessories and items in general just for vanity towards the society. Sometimes people have all the tools they need on their hands to finish a solid building, however, since they don't know how to use them properly, it will look like they constantly need more and more tools indefinitely.

I wholeheartedly agree with you.

Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.

If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.