Post
Topic
Board Economics
Re: You can't meet all your needs/desires at once, even if you spend all your salary
by
libert19
on 23/09/2023, 03:06:15 UTC
This topic goes deep. Basic desires can't be escaped, food/shelter/clothes. Certain desires which improve your quality of life should be given priority.

A thing to understand is don't go blind after desires. Taking out savings, taking loans to fullfill unnecessary desires is stupidity. A finance saying goes, fullfill your desires from the wealth generated from your investments, thus you preserve capital as well and fullfill your desires too.