Website Hosting for Just 20 ForumCoin ~ Advertise on ForumCoin
52 Life Tips Banner
Share your Money Tips here.

Re: Cut luxuries out of your budget

Postby astutimeliana723 » 31 Jul 2023, 04:46

Even if we can avoid luxuries we can provide many benefits to charities.
  • 0

astutimeliana723
 
Posts: 1,093
Location: Jakarta Indonesia
ForumCoin: 323

Re: Cut luxuries out of your budget

Postby Recob » 31 Jul 2023, 06:59

Luxuries are not necessary for a person who has a goal to achieve financial freedom. It is only for those that have arrived.
  • 0

Recob
Banned
 
Posts: 895
ForumCoin: -0

Re: Cut luxuries out of your budget

Postby Starmix » 31 Jul 2023, 07:08

There are non- luxury items that have very good quality, why should I buy a luxurious item when it is not my need?
  • 0

Starmix
 
Posts: 862
ForumCoin: 160

Re: Cut luxuries out of your budget

Postby astutimeliana723 » 01 Aug 2023, 02:02

Starmix wrote:There are non- luxury items that have very good quality, why should I buy a luxurious item when it is not my need?


Luxury is only needed by those who like to be proud of their life.
  • 0

astutimeliana723
 
Posts: 1,093
Location: Jakarta Indonesia
ForumCoin: 323

Re: Cut luxuries out of your budget

Postby Abdulhamid001 » 13 Aug 2023, 17:15

Recob wrote:Luxuries are not necessary for a person who has a goal to achieve financial freedom. It is only for those that have arrived.

People tend to compare themselves to others and see luxury items as a means to showcase their affluence.
  • 0

Abdulhamid001
Banned
 
Posts: 489
Location: Nigeria
Referrals: 2
ForumCoin: 12

Re: Cut luxuries out of your budget

Postby Presh » 13 Aug 2023, 21:42

I always ask people that use expensive gadgets how that gadgets helps their businesses and careers. And most just do bandwagon. B
  • 0

Presh
Banned
 
Posts: 1,915
Referrals: 2
ForumCoin: -1

Re: Cut luxuries out of your budget

Postby astutimeliana723 » 18 Aug 2023, 06:42

Presh wrote:I always ask people that use expensive gadgets how that gadgets helps their businesses and careers. And most just do bandwagon. B


I think it's actually the same, but they have pride to show off to others.
  • 0

astutimeliana723
 
Posts: 1,093
Location: Jakarta Indonesia
ForumCoin: 323

Re: Cut luxuries out of your budget

Postby augusta » 18 Aug 2023, 10:15

Luxuries having to me isn't bad but you just have to do it according to your budget to save money for other important things
  • 0

User avatar
augusta
 
Posts: 20,682
ForumCoin: 92

Re: Cut luxuries out of your budget

Postby Uty Theo » 25 Aug 2023, 19:44

Every business-minded person would consider luxury as wants and can only crave for it when they're super rich and ready for such. Only an irresponsible individual would include luxury which is not necessary when planning for things that are actually necessary.
  • 0

Uty Theo
 
Posts: 1,441
ForumCoin: 0

Re: Cut luxuries out of your budget

Postby astutimeliana723 » 26 Aug 2023, 01:43

Uty Theo wrote:Every business-minded person would consider luxury as wants and can only crave for it when they're super rich and ready for such. Only an irresponsible individual would include luxury which is not necessary when planning for things that are actually necessary.


Some people use the luxury to deceive others, which usually happens in the MLM business.
  • 0

astutimeliana723
 
Posts: 1,093
Location: Jakarta Indonesia
ForumCoin: 323

Re: Cut luxuries out of your budget

Postby augusta » 29 Aug 2023, 09:10

Yes luxuries is good when you have extra to spare but you can still save that money if you don't indulge it especially if it isn't really needed.
  • 0

User avatar
augusta
 
Posts: 20,682
ForumCoin: 92

Re: Cut luxuries out of your budget

Postby Nsikan » 15 Nov 2023, 06:14

It is only people that have money and are millionaires that should pursue luxuries. You just have to live within your means. If you want to give yourself a luxurious treat, save and do it once in a long while.
  • 0

Nsikan
Banned
 
Posts: 4,282
Referrals: 1
ForumCoin: -1

Re: Cut luxuries out of your budget

Postby Tinni » 15 Nov 2023, 06:50

I once met a girl who spent $5000 on just one handbag. And she is earning $80. She could have invested with such money instead of buying just a single handbag that might not be in vogue next year.
  • 0

Tinni
 
Posts: 714
ForumCoin: 6

Re: Cut luxuries out of your budget

Postby JASPREET » 15 Nov 2023, 09:17

We being middle class should stay away from luxuries as its for the Upper class only and we don't need to impress others by adopting these habits
  • 0

User avatar
JASPREET
 
Posts: 42,641
Location: India
Referrals: 5
ForumCoin: 3,031

Re: Cut luxuries out of your budget

Postby nela13 » 15 Nov 2023, 13:09

I am not rich but there are some items that I prefer to spend a little bit more because quality is better, when it comes to shoes, house appliances, coats, and so on, I prefer to spend more to have a more durable and good quality product. I don't know if this is considered a luxury but, for me, it is a way to save money because if things last for some year you will save money as you don't need to buy it every year.
  • 0

nela13
 
Posts: 24,862
Location: Portugal
Referrals: 4
ForumCoin: 515

Re: Cut luxuries out of your budget

Postby Uty Theo » 16 Nov 2023, 03:02

Those things might not be luxuries. Luxuries are like leaving your home to spend 3 nights in a 4 star hotel just to relax.
  • 0

Uty Theo
 
Posts: 1,441
ForumCoin: 0

Re: Cut luxuries out of your budget

Postby Tinni » 16 Nov 2023, 20:55

I only spend on things I consider basic necessities. Luxuries offer no intricate value but sap the most of your money.
  • 0

Tinni
 
Posts: 714
ForumCoin: 6

Re: Cut luxuries out of your budget

Postby King Belieal » 16 Nov 2023, 21:20

I try to be modest in everything I do. At the level I am, I don't live a luxurious lifestyle. I eat modest, dress modest while building my financial future.
  • 0

King Belieal
Banned
 
Posts: 790
ForumCoin: -1

Re: Cut luxuries out of your budget

Postby Uty Theo » 24 Nov 2023, 06:07

I used to be a vacation kind of person but I have learned to cut it down. I don't travel for vacations any longer because it is expensive. I just take bed rests at home.
  • 0

Uty Theo
 
Posts: 1,441
ForumCoin: 0

Re: Cut luxuries out of your budget

Postby JASPREET » 01 Jan 2024, 08:56

There are things that was a luxury 3-4 years ago but now its one like mobile phone and I remember around 10 years ago it was a luxury but now its a necessity
  • 0

User avatar
JASPREET
 
Posts: 42,641
Location: India
Referrals: 5
ForumCoin: 3,031

Previous


Your Ad Here.

Return to 101 Money Tips - New



Who is online

Users browsing this forum: Claude [Bot] and 0 guests

Reputation System ©'