Post
Topic
Board Economics
Re: You can't meet all your needs/desires at once, even if you spend all your salary
by
Poker Player
on 21/09/2023, 14:06:49 UTC
Quote
You can't meet all your needs/desires at once, even if you spend all your salary

There is a thing called contentment, which you haven't discovered yet.

First I would say "human needs are insatiable."

Not true. Some people's, or a lot of people's if you like, but not everyone's. I insist on the previous comment. The rest of what you say, since it is based on a premise that I consider false, I do not agree with it.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

Sounds to me like wishful thinking about spending, or something like that. Remember: contentment.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future.

I do agree on this.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but...

Ok so learn from the mistake and don't make it again.