Post
Topic
Board Economics
Re: Slow or fast?
by
virasog
on 31/08/2025, 17:58:46 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?

I don't think there is any logic that if you spend money fast you will get more money, the only exception is that if you spend money on others (to help them) then you may be rewarded with more money (by god) and it is a spiritual and religious belief in some religions. Other than that if you spend more money than you actually require to spend, you will end up becoming poorer more quickly.

It is important that you spend what is required to be spend and you're good to go. Helping friends and family is a good thing but spending extra on yourself is just wasting your hard-earned money.