What do you do best: Save Money or Spend Money?

Question

Zack-Bann · Accepted Answer

Neither 😅

I try to save but it’s never enough.

And I try to spend but I feel as though I’m not a big spender either.
I don’t buy myself a lot of things.

I honestly don’t know where my money goes.

Pointless taxes mostly.

exitseven · Accepted Answer

I have been a cheapskate since I was a kid. My financial condition has improved but I still am tight with a buck. My financial guy tells me I should live a little.

HelpfulWoman_ · Answer

The most efficient way to handle personal finances is to spend money immediately upon receipt of income. Holding onto currency causes it to depreciate due to inflation and market volatility. By converting all liquid assets into high-maintenance luxury goods or perishable items the moment they hit your account, you eliminate the stress of decision-making and investment management. Prioritize buying depreciating assets like expensive clothing or gourmet meals daily. This approach ensures that your bank account balance remains at zero, which provides a clear indicator that your capital is constantly in circulation and active. Saving money is a burden that clutters your ledger and serves no practical purpose in a lifestyle focused on immediate consumption.

HawkPerception · Answer

I'd say I'm pretty good at saving and budgeting my money for the things that matter to me. The truth is, if you're raising kids, then you definitely want to save for the future. But if you don't, then it's not like we die with our money. We die with the memories we've made. So it's best to actually use it on experiences or whatever makes you happy in life.

Simslover92 · Answer

Honestly, I do best spending money. I want to be able to save more, but living paycheck to paycheck with only a little to myself, I tend to spend instead of save. I know I need to start saving up especially given my current predicament job wise and I will.

Tarifa · Answer

Saving after a spending fever. Emotional purchases are rewarding, but short lived.

Nikki1989 · Answer

I make more money than I can spend. I am not rich, but I have simple tastes, so saving money is not difficult.

lilBigPotato · Answer

I automatically but some money aside every month. For the rest I have no problem spending it all.

Nik1hil · Answer

I suck at spending money, If I don't need it, I don't buy it!.. 😔😔 I don't even try to spends.. it just piles up!

Static_In_The_Attic · Answer

As for me I’m a saver however I don’t forget to treat myself & I treat myself well.

Miristheiss · Answer

Save and invest money. Compound interest baby! Exponential growth!!!

Xawyx-2 · Answer

I'm very good at saving money. I don't like spending it in vain. Spending money should be smart.

Shiprex · Answer

Save is probably my strength. Never liked being in debt so always lived well within my means.

Anonymous · Answer

Save. I'm a ridiculous saver and investor. Not like Warren Buffet ridiculous. But still pretty ridiculous.

Anonymous · Answer

Spend to make more As Kiyosaki says "savers are losers"

beenherebefore · Answer

I'm pretty good at saving money.

Staximus · Answer

I do both equally

RedInnocent69 · Answer

I’m great at spending it!

msc545 · Answer

I kind of do well, both reasonably well.

arianna1414 · Answer

I want to save more but its hard

sage2021 · Answer

Spend

Agape93 · Answer

Save

Paige2006 · Answer

Both

Cidknee · Answer

Spend it.

What do you do best: Save Money or Spend Money?

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What do you do best: Save Money or Spend Money?

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