#846² ENTREPRENEURSHIP & BUSINESS² – S4 E5 – ON SPENDING

Consume is a part of life.

Consume is a part of who we are. And we consume a lot. Products, services, activities. With live in order to consume. We go through hell at work in order to spend our money elsewhere. Doing what we love. Loving what we do.

If we earn more than we spend, our behavior seems to be socially accepted. But wait a minute. Is this really the way to go? Is this ok?

There is a huge difference between what people earn. Depending on your job, position and country you are living in, your income might be different to ours, but at the end of the day, it’s not even that important. It’s not entirely about how much money you earn. It’s also important what you spend.

Photo by Karolina Grabowska on Pexels.com

I am not the typical human being. I do not enjoy the average modern lifestyle. I don’t like traveling, I don’t like parties, I don’t like shopping, I don’t like going to restaurants and the like. And so, I can hardly spend my money. True, I have a leasing car, insurance, rent and the like, but we all have something similar like that.

During the years of becoming an engineer, my income was relatively low. But that wasn’t a problem. Why? Because I didn’t need to spend too much money anyways. Today I earn much more money, true, but my lifestyle hasn’t really changed.

Some people think that they have to become rich in order to feel rich. But the first question in order to get rich is not how to earn more money, but is how to spend less.

We should enjoy life and give ourself something back from time to time! Of course! But this ongoing consume? Honestly, I do not know. I am just not convinced! Do you know how much time you spend? A lot of people do not even know that. Well, amateur mistake. This is the least we can do. Therefore, please, start getting your statistics right! You need to know how much money you spend and for what.

Spending money is a mindset thing. I can not tell you how the best way towards spending money should be, but neither can do all the other people out there. Find your own healthy way towards balancing out your spendings.

See you next time!

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