[Events] What’s your philosophy on spending money?
Everyone’s approach to spending reflects a bit of their outlook on life. Today, Tiger Broker invites you to share your personal spending philosophy—are you a saver, or do you prefer to live in the moment? Do you carefully plan for the future, or do you enjoy seizing each day as it comes?
Warren Buffett once advised young people, “Save money while you’re young, it becomes harder once you have a family to support.”
Or, as Ernest Hemingway noted, “You can’t have youth and the feeling of youth at the same time.”
How do you view these perspectives? What’s your own take on spending?
[How to Participate]
Share this post and tag at least one friend to join in on the conversation.
Comment below with your spending philosophy and how it impacts your life decisions.
Feel free to share a specific spending experience, or reflect on how different spending habits have influenced your perspective.
[Event Duration]
November 8, 2024 – November 18, 2024
[Prizes]
Every participant who comments will receive 5 Tiger Coins! Share this post and tag a friend to earn an extra 5 Tiger Coins.
🌟 Popularity Award: The Tiger Broker with the most “likes” on their comment will receive a USD5 stock voucher.
🍀 Lucky Award: We’ll also randomly select one participant from the comments to receive a Tiger gift. $Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌟🌟🌟Money is the means to achieve my goal of FIRE - Financial Independence Retire Early. Money will give me the freedom to travel the world and experience the various cultures, try different kinds of food and make new friends.
When it comes to spending money I believe that it is important to live within my means. That means having a budget, finding the best bargains. However I believe that money is well spent if I use it to invest in myself such as taking courses, learning new things and to use it to generate passive income through investing in shares.
Money by itself does not create fulfilment in life but it provides a bridge to achieve my goal of FIRE - Financial Independence Retire Early.
@TigerEvents @Tiger_comments @TigerStars
@Universe宇宙 @koolgal @Shyon @Aqa @LMSunshine @rL @GoodLife99 @HelenJanet @SPACE ROCKET @TigerGPT
Every participant who comments will receive 5 Tiger Coins! Share this post and tag a friend to earn an extra 5 Tiger Coins.
How do you view these perspectives? What’s your own take on spending?
Money is to be managed appropriately. I spend on necessities and set aside money to splurge like for travelling, buying luxury goods and of course set aside money for investment and to save for rainy days and retirement.
It's all about the now and future. avoiding being a spendthrift or a miser.
@Wayneqq @SR050321 @Kaixiang @Success88 @DiAngel @rL @SPOT_ON @HelenJanet @Fenger1188 @Universe宇宙 Come join
Automating savings or investment, setting clear goals, and managing your expenses ensure that you stay on track for your financial freedom without feeling deprived.
Investing wisely for the future while budgeting for small luxuries creates a sustainable path to both security and fulfillment. [Cool]
@TigerEvents @Universe宇宙 @DiAngel @Fenger1188 @HelenJanet @MHh @pete13 @LMSunshine @JC888
1. Set clear financial goals (short-term and long-term).
2. Create a budget allocating funds for savings, expenses, and enjoyment.
3. Prioritize needs over wants.
4. Practice mindful spending.
5. Consider the 50/30/20 rule: 50% for necessities, 30% for discretionary spending, and 20% for savings.
First, before you could spend any money you got to earn it first right?
We need money for almost every situation in our lives, it is the lubricant of life.
First we have to earn it, then allocate the appropriate amounts for housing, utilities, food, transportation, clothes and the upkeep of oneself, like toiletries and other stuff that are needed to keep ourselves presentable so that we can get on with the daily grind of going to work for a salary...these are the basic needs of sustainability in modern society.
If there are any remaining sums after paying the necessities mentioned above, then it could be saved for future use and invest. This will take time n effort and sacrifices to accumulate over time.
Of course there are people who earn more than others and there are people who have 'rich' parents with deep pockets to get whatever they need and want...
But to me, spending money is a very fine art of balancing the accounts!! 😁
I prioritize spending on things that truly add value to my life. This could mean investing in experiences like travel or learning opportunities, or spending on high-quality items that last, rather than constantly replacing cheaper alternatives. I also appreciate the importance of saving for the future, so I make a point to allocate funds to both savings and investments, ensuring I have a financial cushion for emergencies and can plan for larger goals down the line.
While I don’t believe in depriving myself of small indulgences, I avoid spending on things that don’t serve a real purpose or bring me lasting satisfaction. This allows me to focus my spending on things that bring genuine value and helps me avoid the stress of financial regret.
花必要的钱意味着FVM值得。
节约是一种需要培养的习惯。
永远量入为出，因为你永远不知道明天会发生什么。
更重要的是，随着年龄的增长，我明白了时间总是不可逆转的。所以，永远要小心你的花费，不仅是金钱，还有时间，因为永远不可能扭转这种状况...
除非你投资伟大的护城河公司..
也可能不是...当川普是美国总统时，一切皆有可能[开心]
@koolgal @TigerEvents @MillionaireTiger @Optionspuppy
我不認爲消費是儲蓄或活在當下之間的“非黑即白”選擇。我認爲這是關於找到一個甜蜜點，在那裏你可以照顧未來的自己，同時還能騰出空間享受生活。對我來說，這是關於平衡：提前計劃，但不要忘記抓住機會出現的那一天。
@TigerEvents @TigerStars @Tiger_comments @TigerGPT
🌱 I love investing in experiences—there’s something truly special about creating memories that last a lifetime. Whether it’s traveling, learning something new, or spending quality time with loved ones, those moments feel like they’re worth every penny.
💡 Then there’s value. For me, it’s not about having everything, but rather choosing things that genuinely matter and add value to my life. I’d rather have a few meaningful things than a lot of “stuff.”
💸 And finally, I try to balance saving for the future with enjoying life now. Planning ahead is crucial, but what’s the point if you’re not living a little along the way?
#MoneyMindset #SpendWisely #InvestInExperiences #FindingBalance