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I'm pretty sure there was an article on here just recently about how people who spend money even on dumb things don't do it because they don't budget, but becau
by LeoTinnitus 7y ago
I'm pretty sure there was an article on here just recently about how people who spend money even on dumb things don't do it because they don't budget, but because it provides other particulars of happiness. It stated that human life is complicated and min maxing life financially differs from person to person. So while they may spend $200 on coffee, but may also bike to work daily. Or they just flat out enjoy it and trade money for that enjoyment.
However, the Lionshare of consumers are not rationalizing their purchases like people such as myself often do (I know that comes off as incredibly pretentious, I'm just using myself as an example). I've gotten worse with my money (or better) intentionally so as not to be too cheap and give off the feeling that I'm tight. Normally I'd be that way, but people dislike those kinds of people...like a lot.
Overall just think of it as people paying a tax for something to further continue. It's a tax you don't have to pay, but can freely do so if you choose.
- ineedasername 7y agoYou can spend lots of money on dumb things and still budget. But a person who diligently budgets their money will not spend money on dumb things at the expense of debt, lack of proper long term financial planning, etc. Dumb things can fit into a careful budget.