The cheaper your pleasures the richer you become

August 13, 2023 4:43am CST
some people who believe a minimalist lifestyle can help people safe more money believe that the cheaper your pleasure and lower your spending the more money you safe and even become richer. Does this principle apply to every situation in life or is it a make-belief? what is your opinion about spending less on pleasures to become richer.
8 people like this
8 responses
• Egypt
13 Aug
Why does a person want to become wealthy? The answer is to enjoy more of what they desire! So why save in the first place? I can enjoy myself without depriving myself, unless I want to purchase something extremely expensive.
2 people like this
13 Aug
Hmm, I understand your saying, you mean one should focus more on the needs and not the wants.
1 person likes this
• Egypt
13 Aug
1 person likes this
@Aansh13 (11251)
• New Delhi, India
18 Aug
Pleasure has nothing to do with richness, actually!!! May be, if I can derive pleasure from the things which are not monetary, I would definitely end up saving!!!
2 people like this
18 Aug
you are 100% right.
1 person likes this
@AmbiePam (85975)
• United States
13 Aug
I think it is important to enjoy life while you’re living it. Putting off things that give you joy in an effort to be rich some day is just chasing something that might never happen. Obviously, it is important not to live a lavish lifestyle with fun hobbies if you don’t have the money, but I know that’s not what you are talking about here.
2 people like this
13 Aug
You made a wise statement there. Life is too short not to enjoy one's little possessions.
1 person likes this
@Shavkat (137251)
• Philippines
13 Aug
I spend less and am not frugal.
2 people like this
13 Aug
You know there is recession everywhere.
@db20747 (43434)
• Washington, District Of Columbia
21 Aug
I agree. Saving money can help you buildup more money. My situation is that I don't have the money to spend but I still spend on things I could save my money on. And the result is debt!! I should sacrifice more and live in my means.
1 person likes this
21 Aug
That is a wise word you said, I will do the same surely.
1 person likes this
@Rashnag (30594)
• Surat, India
14 Aug
I think not just saving but investing smartly can make people rich
2 people like this
14 Aug
Thats true, but people have been losing money in stock and forex trading lately
1 person likes this
@flapiz (22425)
• United Kingdom
13 Aug
Well this is true. But then I also believe we need to spend some money too otherwise why have it?
1 person likes this
14 Aug
yea, we do.
1 person likes this
@cabuyogty (2343)
15 Aug
I like what you have said here in Mylot. I hope that i can spend less and be richer in the future . I want to buy anything i need and have earphones or extra memory of my cellphone :)
1 person likes this
18 Aug
You are welcome catherine.