On Spending

in #money8 years ago (edited)

Consumer-Spending.jpeg
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My friend is a rich man, I on the other hand am a businessman. Now the difference is that my friend and I may have the exact same amount of money in the account, but while he can BMF (blow money fast) because YOLO (you only live once), I can not. And no, it is not because I have extra lives.

my friend the rich man spends to get value, probably in form of pleasure, while I seek to get value in spending. I know it doesn't seem like there is a difference, just rearrangement of words, that rearrangement is what helps me describe what I mean

For me, value comes first, I have a pre-determined minimum ROI (return on investment) on every spending either in cash or kind, this is constraining, this is limiting

This is why I cannot refer to myself as a rich man, even if I share the same net-worth with some considered to be rich.

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smiles... You Only Live Once truely, that some peoples perspective of life when they spend money..

Well said, spend at value not pleasure that's the right mentality @ericdyce

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