Why Is It So Hard To Spend Money? | Bill Perkins
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- เผยแพร่เมื่อ 22 มิ.ย. 2023
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It's hard for people like him to spend money because of all the "0's" in his bank account.
It's hard for me to spend money because of the one "0" in mine....
Two different worlds.
It's okay, the UK government is spending 10% of my money a year through inflation and another 50% through taxation.
In a way, they're doing us a massive favour, I'd only waste it on clothing and food
@@AlfonsoMuchachoWhat a affirmative way to look at it mate 😂
Why don't you invest? When inflation is high, so are profits
This is a joke, right?
LMAO hard
That is an excellent question.
Not all people find it hard. I know girls who will spend an entire weeks paycheck in 15 minutes at a clothes shop.
sounds like a girl who will treat you like a man till she breaks you.
That's because their Oyfans memberships goes up each month
Need money in order to spend it. I’m currently accepting donations lol.
Or... Because we are accumulating it for retirement... Because we aren't instant gratification anymore.
Retirement is the goal. Not at an age, but at the point of financial freedom.
Yes but also don’t just go blowing all your money as soon as you get it
Some people thinks also for future generations
He covers that really well, in his book. In UK, average age ppl receive inheritance is 61..average age, someone buys their first house is 36. Most people actually inherit money 25yrs after they actually need it, and most parents aren't being generous when they leave money in their will... As u can't be generous when you're dead. If you want to be generous, give it away while you're still alive and when ur kids will most value it (not all of it, but a good portion of it). That's the what of what he covers on the "future generation" point. It's an outstanding book btw... Interesting even if u don't agree with it all
Imho invest>spend if you care about your kids / future generations.
Money can fulfill needs. True. But should we spend it to fulfil our needs or invest it to fulfil the world's?
There are alot of problems to fix. Mass consumerism without direction might not fix them.
Also if you hate your job, you covet your money more. You worked seemingly harder for it, and it hurts to let it go. IT'S A TRAP. INVEST IN YOURSELF. BREAK THE CYCLE
Thats because we had no bills or responsibilities as a kid. Experience of hard times teaches why money is important. When things get bad... your going to need it.
I'm saving money for retirement, so that when I'm old and frail I won't starve to death of I can't keep a job
Some of us need to save up for things we need.
It’s the opposite. It’s difficult to not spend money.
This seems to be coming from the perspective of someone who has only connected money with material things or things like vacation/experiences and it can be so much more than that. Example, having some zeros saved up can give one the incredible sense of freedom, options, opportunities and choices. Some materialistic things may be able to do this to a degree but typically not in such a broad way.
Money is not simply a finite, logical thing, it is hugely emotional as well. I find a lot of similarities between money and religion when thinking about money on a bit deeper level.
❤Lov lov this! Ty
Some people want to have security in life. I don't have a whole lot 0's but security fulfills me more than too much fun.
Milton Friedman explained it well. There are 4 types of spending. When you spend your money on yourself, you don't overspend and only get what is necessary.
That's why I play clicker/incremenral games
Because if you ever lost it all and regained it you are terrified of that ever happening again....I still have fun though, just not recelessly any more
That’s not the main reason. The main reason is that unspent money has more potential than any spent money does. To spend money on any one thing is to not spend it on the 99 other things you might enjoy. And sometimes, our brain has issues with that. Are we adding up the value of everything unchosen, rather than taking the next best option? Are we struggling with the fear that we won’t choose the best option? Something else entirely? Hard to say.
We find it so hard to spend money. Not in the USA.
Poor ppl (like myself) don’t need to take advice from ppl that were born rich.
wish it was hard for me
I spend all my money. And I make a lot. 😎
I have 2 zeros in my account. Literally
Dunno about you Bois, but I'm saving for a house in Eastern Europe.
More like I am spending it now I'm $4000 in debt with a $550 car bill😊
He seems to know very little on the subject matter.
🤑
There are 3 zeros in my bank account which make it hard to spend money 0.00
People are so negative in their comments. I’d say read his book first and then come back to comment.