Post
Topic
Board Economics
Re: "I saw my salary on a bottle of perfume today"
by
coupable
on 12/11/2023, 22:36:12 UTC

I bring up this to talk about financial freedom. What is financial freedom to you? Is it about having a certain amount of money that is required to have financial freedom or to have an amount of money which can potentially give you freedom in the future?

It is good to live contentedly and have our expenses commensurate with our income, regardless of its size. At the same time, there is no harm in aspiring for the best in terms of luxury and extravagance.
Following the same example that you mentioned, you can buy a sandwich daily for 5 or 7 dollars, while this represents two months’ salary for a citizen in another country. This same person can travel to your country and collect enough money to become one of the richest people in his country with the same amount of money as he lives a normal life in your country. It is an equation that is subject to many criteria and can be studied from more than one side.