Spend As You earn, Life Is Too Short |Worst Advice You Heard/Seen In Your Work| Day 3 Blogging Challenge

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I kind of love the day 3 blogging challenge topic because it really span through a lot and also affect almost everyone financially who believe in this kind of advice. The worst advice I ever heard of or seen is this saying that goes thus “ Earn As You Spend, Life Is Too Short”. I do hear people saying this almost all the time especially when they have some cash with them which they can really make use of in getting something that can still be bringing incomes for them in the future, and the shocking part is that, this is now affect our young generations life because they now have deep believe in this advice

I actually don’t know who started that kind of advice or why people can just sit and think that way and at times I do wonder if this kind of advice or lifestyle is also been held to in other country. At times when I see this kind of people living the lifestyle they barely cant afford and also living higher than their income, I laugh because most do it because they lack knowledge about some certain things and forget about their future and also neglect the adage that says “We Shouldn’t Eat With Our Ten Fingers”.

If you can ruminant on that adage, you will understand a lot of things. To me I do feel like what is affecting people the most is ignorance and if care isn’t taken, it will have huge negative effect on generations to come. As a working class receiving some amount as wages or salary, how do you want to account for things you worked for when you started cultivating this spend and you earn habit, you will see them, people with nothing living rich people lifestyles, buying expensive cloth and all sort of things when the real rich people are business living a low life and investing most of their capital into investments that will yield returns for them in future.

I was going through a post one day and I came across this statement, “if you desire to purchase something or spend, make sure to earn twice the amount first, save/invest a part and spend the other part”, it is actually a good statement because it can boost your saving/investing lifestyle of make you think twice before purchasing things that are at times not tangible to you. The saying spend as you earn is really a worst advice I would advice people to desist from because it can help you but instead wreck you if care isn’t taken. Don’t spend more than your earning or even save/invest a larger part and do as you please with the rest.



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Hello friend, I share with you your thought, I know some people who have that thought, they always say that you have to spend the money today because they do not know if tomorrow they will be alive. I have seen that these types of people do not progress financially and I imagine that they will spend their whole life in the rat race trying to pay for a life that they cannot sustain.

See you later, have a great week !

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Good article, I can understand what is meant by that statement "in my country it is said that the only thing a person takes with them is what they have lived, not what they have saved". The problem with saving and making sacrifices in the present for the future is that you do not have the security that you will be alive in that future.

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I would say that there is the possibility of saving within the ambit of what you can afford to lose. With that in mind, one necessarily would not satisfy living well today in order to save for the morrow.

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Interesting Investment challenge there. I would not say Spend as you earn, but would say let your earnings be greater than your spending. When it comes to investment from your earnings, I choose to invest before I save, in as much as I'm conscious to invest as much as I can afford to lose.

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Hello @valchiz.

A great article that you share with us in this opportunity, in some opportunities I have been able to listen to words like "spend what you earn" since we do not know what the future holds, however, I think that it is not a wise advice since we must be prepared economically at any time since we constantly have difficulties in our day to day.

Thank you for sharing such extraordinary content with all of us.

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Hello friend, well I think there are 2 ways to see things, there are those who think it is better to take advantage of the moment and not leave anything for later, while there are others who think more about the future. I am not critical of either thought, people should live as they think they are happy, money is important certainly but it is not everything.

I believe that everything depends on what people want for their lives.

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I don't think all think the same but one thing is true life is short but you gotta work it out

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