Why saving is bad, but spending is good

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

How saving kills our potential and why it is worth allowing yourself more.

Many consider the spender to be short-sighted fools who will end up at the bottom of the trough. But is it true that only economy is the path to wealth and a prosperous life?

Saving is squeezing all the juice out of you

The more money you try to save, the more you begin to deny yourself. Why do I need new shoes, if the old ones can be patched up, why buy expensive food, if you can buy canned food, why go to the doctor if everything goes away by itself?

A series of such questions can lead you to the most unpleasant consequences. Cheap shoes will fall apart several times faster than quality shoes, and in the end, such savings will cost an exorbitant price. Food with questionable composition will undermine health. And there is nothing to say about canceling a visit to the doctor: a disease that is not cured in time will hit not only the body, but also the wallet. Moreover, it is merciless.

Savings keep you from growing

So, imagine you decided to buy a computer. For a thousand dollars. The plan is as follows: save $ 100 every month, and in 10 months you will have the required amount. It remains only to wait a little and stop going to the gym, so as not to spend too much, and to the movies. After 10 months, you buy a new computer, and then you light up your phone, your smartwatch - and it never ends.

All this endless savings in the end kills the motivation to grow both professionally and personally. Here it would be to pay off debts or save up for new shoes, what kind of development.

Spending is an incentive

There is a second option - to increase cash flows. If you say to yourself “damn it, I can afford it,” and every time you raise and raise the bar, you have no choice but to earn more.

This allows you to reach new heights, develop your career, meet new people. To gain confidence that literally everything is within your power and that you can not be afraid of poverty.

Freedom is not about money

And yet, we do not mean that you need to spend thoughtlessly, buying up everything and everyone around, chasing fashion brands. Each major purchase should be balanced and give a real sense of satisfaction, not disappointment with another unnecessary trinket.

Plus, every purchase should benefit your development. If you need a new computer for work - buy without hesitation. And if for games - refuse such a purchase, it will pull you down, not up.

To get the most out of life, you must always have a choice.

And it is the presence of choice that gives the inner feeling of freedom. Saving makes it impossible for us to choose. You know in advance that you cannot afford something, so you do not even admit the thought that you can do more. And it's not about the money.

Therefore, Lifehacker advises to reconsider his attitude to budget allocation and not to forget that it is possible to saturate the body with hormones of happiness not only with the help of money!