Post
Topic
Board Economics
Re: Slow or fast?
by
davis196
on 31/08/2025, 10:02:02 UTC
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?

If you are living paycheck to paycheck spending money slow is essential for maintaining your financial stability and saving more money.
Fast spending signals financial irresponsibility and potential future financial problems(getting into credit card debt or borrowing money from all the "payday loan" companies).
I agree that it's more important HOW you spend your money, but fast spending(emotional purchases) more often leads to mistakes and wasting money for stuff you don't need. Women are more vulnerable to such problems, because they view shopping as some kind of fun activity, which brings dopamine boosts to their brains.