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Spend by Calculating Time To Earn

Postby JASPREET » 21 Mar 2023, 05:33

It's a very useful tip and was shared by my mom and helped me all my life. So whenever we are spending a big amount we need to see and believe if how much time we need to earn that amount and this way we may not buy things that are not necessary for us and this tip can help everyone to save money. <3 :thumbup:
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Re: Spend by Calculating Time To Earn

Postby astutimeliana723 » 21 Mar 2023, 06:07

That's what I've been doing all this time, working hard to collect money, when the money has been earned it must be gone in an instant. So, when I remember that I think twice about buying something that is not that important.
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Re: Spend by Calculating Time To Earn

Postby augusta » 21 Mar 2023, 06:57

I have been doing this and it has been helpful, you just have to save money for only very important things to avoid going broke
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Re: Spend by Calculating Time To Earn

Postby Xynehappy » 21 Mar 2023, 08:30

I think this can avoid people from overspending a lot money at a ago.
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Re: Spend by Calculating Time To Earn

Postby augusta » 22 Mar 2023, 09:43

When once you think of the duration it took you to get the money it might just help you to conserve money.
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Re: Spend by Calculating Time To Earn

Postby Inem » 13 Jul 2023, 05:23

If you want to calculate the time it took you to earn money before you spend, you would turn to a miser.
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Re: Spend by Calculating Time To Earn

Postby Abdulhamid001 » 13 Jul 2023, 06:28

You are right, this is a great too to save money even though I have not been doing it.When you consider the time it will take to earn the money then you realise that some unnecessary things are not worth spending on.
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Re: Spend by Calculating Time To Earn

Postby Semi » 13 Jul 2023, 06:44

See When you have thoughts like this,you would be able to think twice before spending money.
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Re: Spend by Calculating Time To Earn

Postby Isaac » 19 Jul 2023, 21:48

If you schedule the time to spend and it is well organised, you will save money.
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Re: Spend by Calculating Time To Earn

Postby kennysplash » 27 Jul 2023, 10:33

We need time to earn money, and energy as well. So if we think of the time we spend to earn what we have we might not be tempted to spend recklessly.
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Re: Spend by Calculating Time To Earn

Postby crestcapital » 30 Jul 2023, 02:39

Earning and spending has a lot of things in common and calculating the time to spend and earn is very crucial.
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Re: Spend by Calculating Time To Earn

Postby astutimeliana723 » 30 Jul 2023, 04:11

kennysplash wrote:We need time to earn money, and energy as well. So if we think of the time we spend to earn what we have we might not be tempted to spend recklessly.


Yes, you are right, before spending on something that is not so important, I always remember how difficult it is to make money, so I am not tempted to buy it.
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Re: Spend by Calculating Time To Earn

Postby Presh » 21 Oct 2023, 07:49

When you do this, you would he able to understand the time value of every dollar. That would put some level of restraint on how you spend.
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Re: Spend by Calculating Time To Earn

Postby Treborika » 21 Oct 2023, 09:34

It's quite common sense that it's not right to spend all the money that you spent pretty long time to earn. This can cause poverty to you.
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Re: Spend by Calculating Time To Earn

Postby Nsikan » 22 Oct 2023, 06:54

When you take 20 days to earn 100 dollars and you spend 20 dollars a day, that means you wiukfyhe broke before the money comes in again and you would turn to debts to survive.
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Re: Spend by Calculating Time To Earn

Postby Uty Theo » 26 Oct 2023, 05:51

When you push on with this approach, you would only end up spending on things that are absolutely useful to you. You would not spend unnecessarily.
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Re: Spend by Calculating Time To Earn

Postby SHAHID987 » 26 Oct 2023, 07:17

A little example we can take from this forum as when we reach at $1 then just see our posts that how many post we have written to reach there. And after getting this we just spend it in one burger. So we need to understand valuation of our time and hard work then use earned money accordingly.
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Re: Spend by Calculating Time To Earn

Postby Treborika » 26 Oct 2023, 10:10

It's indeed a very useful tip for money saving. The amount spent should be calculated and matched with the time required to earn that amount of money.
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Re: Spend by Calculating Time To Earn

Postby Pistis » 27 Oct 2023, 03:24

While this tip is good, it might make a person to live on the other extreme which is being overtly miserly even to the point of putting his own self through suffering.
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Re: Spend by Calculating Time To Earn

Postby Uty Theo » 04 Nov 2023, 04:35

SHAHID987 wrote:A little example we can take from this forum as when we reach at $1 then just see our posts that how many post we have written to reach there. And after getting this we just spend it in one burger. So we need to understand valuation of our time and hard work then use earned money accordingly.
That's true. Considering the amount of effort you put in to make money could control your spending. It helps against reckless spending.
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