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 think the formula of slow and fast spending money is not authentic. The spending of money should be clearly based on the needs and the demands because it is very easy to spend money fast because buying unnecessary things will end up in the face of end money and this is not good at any cost. If you spend money slow then maybe there will be your needs but you can't fulfill them in the scenario of spending money slow. In this case your money is worthless if you are not spending it on the time of need. the formula of spending money should be purely based on the need and the demand of the time. Because we earn money to spend it to make our lives better and more worthy of living but not for this to spend on slow and fast speed ignoring our basic needs.