I've noticed that most people seem to think that you HAVE to spend all your money if make a lot of money. Have this happened to you? Why do you think this happens? How do you prevent people from becoming mad at you for not wasting your hard earned money?

Pic unrelated.

saar kindly do NOT redeem the monies

>>60577854 (OP)
>if make a lot of money
*if you make a lot of money.
Actually, not even that. It happens even if you make more than enough to survive and live comfortably.

>>60577854 (OP)
>Why do you think this happens?
Because money is a melting ice cream that loses value over time because of inflation and cost of living increases. Don't believe me, take all of your money out and put it under your mattress then see how much you can buy with it at the end of the year

>>60577892
goyish consumer goods are a hot scoop of melting dog shit.

>>60577892
Savings accounts exist, retard. Sure, you might not always beat inflation, but they are good and risk-less enough.
But that's beyond my point. I'm talking about friends and family here, people that think you should spend it all because... Because you should, okay?!?!1

>>60577892
Money depreciates at a slower rate than food, cars, and other consumables do, so you would be able to buy quite a lot after a year.

>>60577911
Historically, outside the anomaly of the 80s, savings accounts lose money over time as they underperform inflation. Put your money in index funds, gold, and high yielding bonds.

I find this funny. /biz/ has the same mentality as normies: as the other anon said, you HAVE TO CONSOOM or INVOOST.
I'd rather do what I please with my fucking money, you fucking faggots.

>>60577854 (OP)
>Pic unrelated.
I have wondered about this phenomenon in business. Why do companies insist on growing, branching out onto other fields?
Why not just accept the limitations of the fields you are in, and instead of "investing" in conquering neighbouring fields, just use the money on dividends/buyback programs, so the owners of the company(investors) can buy other companies, instead of creating these mega-corporations that function worse..

>>60577854 (OP)
People are just fools. If you read mein kampf he goes into depth about how the same people who can't hold onto their money are the same people who spiral into despair, who were taught nothing by their parents, who were disparaged by their parents for doing anything positive and are effectively conditioned and habited into a lifestyle of cyclical poverty and excessive spending (when such moments occur) such that it becomes simply their simpleton way of life. The opposite of order and building something meaningful

Why can't Google give me $2M no strings attached and let me live without working?
$2M is just a rounding error for them, they wouldn't even notice. What's their excuse?

>>60577854 (OP)
>most people seem to think that you HAVE to spend all your money if make a lot of money
I consider this a poor person mentality.
Poor people are in a constant cycle of not having money, and when they do get money, they immediately spend it on "nice things" that is actually just pointless materialism.
Then they go back to not having money. Then they'll have some kind of emergency, their car will break down and needs repairs, or they'll be behind on a bill, and they'll be all depressed and angry at not having money. They'll get their next pay check and pay it off, then spend it all again on stupid shit, and be back to where they are with no savings.

I know several people like this, they spend all their money on stupid shit like funko pops, they always complain about being poor, they have no accountability for their spending, they think the universe has conspired against them for why their life is like this. In the rare cases when they do manage to save a few thousand dollars, it all gets spent on a vacation and then come back to 0 savings and 0 investments.

I offered to sit down with one of them and go through and helping them create a budget and at first they welcomed the idea. They had a good income and I thought for sure I could help.
When it came to cutting a bit of their entertainment spending, they refused to consider it. They had to spend the money. And I can understand spending some entertainment money once in awhile even when you're poor, but they had to spend everything immediately.
Buying a funko pop every other week instead of every week was unacceptable.
There was nothing else to cut though, and so there was no helping them.
I think some people are just supposed to be in their position in life, they create their situation and live in it.
Just a shame they're allowed to vote and demand sympathy for their countless poor financial decisions.

>>60578045
>know several people like this, they spend all their money on stupid shit
It's called living. Nobody wants to be like okay honey we finally can take that trip we always wanted at age 63. You want to spend money when you're young so you can live a memorable life

>>60579373
>You want to spend money when you're young so you can live a memorable life
If they were going out and making fun memories going out I'd understand that, even if it was costing 100% of their money, I wouldn't agree, but I could understand it, but it's just materialism.
There's no fun memories there. It's just mindless consumerism for the sake of spending money and having plastic useless crap.
They unironically have a funko pop collection, and they moved states for a job and didn't have room in their apartment so they rented a storage space for years just to house this collection and other useless crap. They could have just not done that, or sold it, and they'd easily have 10k in their investments from that alone.
If they were smart and cut their useless collecting plastic garbage habit in half, over the past 10 years I've known them, they'd easily be 6figs by now. If they were putting it into crypto, probably mid 6figs to 7figs.

>>60577911
>I'm talking about friends and family here, people that think you should spend it all because
it brings them happiness and they want you to live a happier life
>>60577951
>I'd rather do what I please with my fucking money
like what? putting it into a savings account is an investment too, one of the least risky ones