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?
Spending slow or fast depends on the money I have. If I have enough, I won't mind spending it quickly, knowing I'll still have more left. However, if I only have a little, I'll need to plan carefully and spend it slowly, unless an emergency arises, because it's only emergencies that can make me spend my money fast. I know there are things I might need to get quickly, but I don't think they're so important that I'd have to spend everything fast. Life can be tough without money, but I'd rather budget wisely.
For me, slow spending makes more sense, especially when you're on a tight budget. Fast spending can be risky if you don't have enough money set aside, because it can limit your ability to save and achieve long-term financial goals.