Post
Topic
Board Economics
Re: Do you spend more-do you get more?
by
nur rochid
on 25/06/2023, 16:28:27 UTC
There is an opinion that the more money you spend, the more you get in return
Actually the concept as you convey there is nothing wrong if we use it correctly. If spending your money on what to spend and that spending can result in a profit in the future, this is probably a good thing. But if you spend your money on useless things because you are only following your passions, of course this will not benefit you, especially in the long term, bad expenses should not need to occur.

However, if you are investing your money in an asset like Bitcoin that has the potential to be profitable in the long term, this could be a smarter decision. Because bitcoin investments are investments that do have the potential to generate significant profits in the future even though they carry risks, but this also depends on your patience in seeing market changes. Precisely for me buying as many bitcoins will get a lot of profit too.
indeed spending money can be distinguished between spending money on shopping needs or spending money on shopping for investment goods. needs are also distinguished between important and unimportant, so we must minimize our desires which are often seen as needs. after that the rest can be spent on investing. the more investment we buy, the more chance we will get. therefore we must be good at classifying our money so that it will grow more so as to create financial freedom, if money is only to fulfill our desires, then where will we get greater results, the probability of going bankrupt will be higher