I recently encountered someone who talked about spending their money fast or slow. It got me thinking what are the differences. Basically spending your money fast means when you get money, you end up losing it immediately to buy whatever it is you want. Spending your money slow means once you acquire your money, it takes time for you to spend it but at the end... you still spend it anyway. It made me realize that even if you save your money to spend it eventually, you are still somehow losing money. The point is not when you spend your money but where you spend your money on. You can spend your money immediately but are you spending it on something worth its price? Something valuable? Something that is necessary?
You are absolutely right. Spending the money on valuable things that will be beneficial to your life is actually important. People are of different kinds in the world, the ones that will spend their money immediately they earn or have it, and the ones that will be spending it slowly, and the ones that will wish to keep it till eternity without spending it, but our current economics situation is not going to permit them for doing that, because you will definitely need one thing or the order from materialistic things. So the important thing to do is for you to think and figure out how or the best way to spend your money in an appropriate way, that will not land you in regrets. You can use the money to buy land and build an apartment for rent, or betters till set up a business or Invest in any other things that will be beneficial and profitable to you. From this will be able to earn more money and continue to buy more valuable things.