Post
Topic
Board Economics
Re: Don't live above your affordability
by
Zlantann
on 13/06/2024, 20:17:19 UTC
Without pretence, how'd you feel being a low class admist first classes where public are being attentive?
Honestly, to some oppressive times, I actually feel like to afford the first class expenses in that period of time just for impression but my fear always goes to HOW TOMORROW MAY BE because living in such competitive arenas is liable to disappoint a man as time approaches.
Money is indeed a key word of man's status quo but it's better to maintain a sustainability for a long term going than living the high classes in just a short term else, you'd become a mockery in reviewing of your past and recalling your present status quo.

If you leave your life to please others you will make decisions that will have adverse effects. People who live above their income because they want to have what others do will end up in debt and frustration. I don't live in a country that has a workable credit system, so you pay fully for most of the things you own. But recently some credit firms introduced a concept called Easy Buy where people can just deposit some money and collect items like phones, cars, home appliances, etc. The balance will be spread for some months. This has led to people buying on credit what they cannot afford because they want to be accepted in a particular social class. It is far better to manage the little you can afford and make provisions for savings and investment than to get peer acceptance without planning for the future.