Educated Choice to Waste Money
Even at times while we all wait for the Great Winter Crises
While everyone keeps on talking about the great and super dangerous winter crises, I keep on wasting money on myself, fancy clothes, cosmetics and courses, never thinking of saving them. Some may call this decision absurd, considering the fact I live in Ukraine (Kharkiv) which is on the Russia-Ukraine war frontline, but after surviving the biggest stress ever, the so-called war, I know — we should save emotions, experiences and work, not money.
Why Do We Save Money
From the very childhood, our parents teach us to save money and not to find ourselves in the great depression one day. We need money to buy flats, and cars, pay for education and feel safe. All economy is built on the approach of money-saving balance, where people have some money on accounts they may take if something comes. However, it appeared, that when something comes all money in the world end, while work appears to be a really important source of income, you need to save for real.
So why do we save:
- to feel protected from unexpected stressful moments;
- to feel stable in the chaotic reality;
- to feel self-confident having the money you may waste;
- to buy better and more expensive things.
However, what is interesting, there are also numerous paradoxes about money savings, like:
- people have credits and debts but keep on paying them and saving money at the same time, which makes zero sense in an economical world;
- people never heard of the idea of delayed waste, which talks about the fact, that if you want to waste money now or two weeks later, it doesn’t matter how much you have and will have, since in an economical sense the waste will be the same, so there is no need to delay;
- people keep on saving money on paper, while this is the least reliable form.
What Should We Save Instead
Considering the fact this year world was hit by the economic crisis and the dollar became equal to the euro for the first time in history. Considering the idea, now it is not reliable to save money for a long time in any form of economical investment since upcoming crises and dollar inflation causes great changes in stocks daily. And finally, considering the fact your money may simply burn down if war occurs, you’d better follow the next plan:
- saving work is more important since money is a result of work activity, that may bring you income for a long period of time;
- you need to invest in your education a lot since knowledge will allow you to find work at any conditions;
- saving money on flats, houses and cars is no longer safe, you need to be flexible;
- you should always put emotions and experiences on top since when the end comes, no money will play a role for you, while experiences definitely will.
War taught me how to overcome stress and how not to be scared of the complete chaos around me. Just save your daily routine. And always remember, money is a result, not a process.
