Post
Topic
Board Economics
Re: Is some certain lifestyle a waste of money and time ?
by
axxo
on 22/07/2023, 11:36:07 UTC

Here is what happens to my friends and me and I am sure this is a reflection on different financial values and life attitude in general. Well, I don't drink any alchohol while a few friends of mine love drinking very much. They would gather to have dinner/drink almost every day(at least four times a week). I am often invited but due to my no-drinking habit, I usually turn the invitation down. We are all family men but they are a few years older than me. Their children are much older than my kid so probably they don't need their fathers' attention and time. I always put my family first so this is also one of the reasons I don't join them that frequently. Financially, every gathering meal/drinking is not cheap because it involves a lot of drinks and dishes. The average cost of such dinner/drinking is equivalent to 1/5 the average monthly income in the city where we live. So every month, the cost for these "gatherings" consumes all the income that a man can earn for months. This is considered a huge waste of money in many people's eyes cause most people don't earn much. Although I don't drink, occasionally I will treat them and pay the bills for the guesture of friendliness. Do you think my friends' lifestyle is a waste of money and time ? How much do you spend on such gatherings on average ? Please let me know.

Your friends lifestyle is considered to be wasteful because frequent drinking and dining gatherings can be costly and may not provide any meaningful benefits. With that it would affect his daily budget to sustain their daily needs and it would result to loaning of money. What you did is just right to turn down invitations because it would be just additional expenses on your part and you might ruin your budget. And I agree with you that we should think first on the welfare of our family.