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?
We must first see where the money we spend is, if it is for basic needs for certain reasons I think there is nothing wrong but if it is spent on things that are not useful or just to fulfill personal desires I think that is a very wrong decision because in our lives desires will continue to arise after we realize the previous desires so that we will spend other money on things that are not important so the matter of slow or fast I think is not a problem but the problem is in the interests and also the right advice in managing our finances.