Spend as Much as You Can — But Wisely
There are only two solutions to spending: reducing needs or increasing income. If you keep reducing needs, eventually, you will have to compromise on food, shelter, and clothing. That is, if you increase your income, life will be happy. So, do not limit your income. Do not limit your necessary expenses.
Go ahead. It does not matter. Watch movies. Buy everything you need. Spend on hunting. There is nothing wrong with shopping. Spending is not a waste. If you go to parties and functions, your network will expand. If you admit your children to good schools, even if the fees are a little higher, we will be paving the way for the future of our children. By moving from a cramped portion to a spacious house, we will enjoy the air and light. We will be mentally and physically healthy. All these are the best investments we can make for ourselves. So, we should not compromise at all. We should not hesitate at all.
We should not get used to a poor life in the name of saving.
Where to Draw the Line in Spending
Otherwise, there should be a limit to that expenditure. We should spend our current income, not tomorrow’s income. Considering the salary coming next month, keeping in mind the bonus announced by the management after two months, and calculating the agricultural income after three months and making meaningless expenses is a grave mistake.
This is exactly where our financial misdirection begins.
Your salary may be whatever it is. But, there are expenses that are sufficient for it. Without additional income, it is impossible to adjust additional expenses.
Relying on Bonuses and Uncertain Income
Is it a bonus? After COVID, the mindset of the management has changed. Generosity has decreased. Fear of the future has started. Unless it is legally wrong, they do not go for bonuses and incentives. They are also looking for tips to avoid that ‘necessity’. So, do not put much hope on bonuses.
The less you talk about business assistance, the better. There is no guarantee that the harvest you get will be worth it. So, only the money in your account is yours. That too, after bank installments, insurance premiums, rent, school fees, medicines, milk bills, cable bills, SIPs, stock market investments, etc., whatever is left after allotments is yours.
Whether you shop with that money or buy it yourself is your choice.
No Plastic Money — Avoid the Trap of Credit Cards
The economy is strengthened by the spending of individuals. New companies come up. Four people get jobs. It is also good for the country. Otherwise, we should first spend on our needs and responsibilities. Only then on entertainment, luxuries, and lifestyle expenses.
Even then, if we get used to being a credit card geek… it is like being stuck in a financial quagmire. Unable to pay by the due date, we convert that amount into EMI. With this, the monthly payments become too heavy to bear. New loans are needed. The interest rate starts to mount.
Earn More to Spend More — Don’t Just Dream
There is nothing wrong with having the desire to spend. At the same time, there should also be a desire to earn. We should think about additional ways of earning. We should take steps towards new opportunities.
Moreover, it is not good to sit idly by, counting in the air and walking on our toes. That irresponsible self will drown us one day.
India is Changing — And So Should You
In fact, we are naturally cautious. SIP investments have reached Rs. 25 thousand crores. The insurance sector has strengthened. Real estate has boomed. All these are good developments. Otherwise, we should spend from the income in hand.
That is enough if there is responsibility — as much as savings and investments are necessary for life, expenses are also necessary.
If we sit and compromise for everything, self-deprecation will rise. Adjustment in life is not right.
This is the Technological Age — Sky is the Limit
We are in the technological age. If you have skills in your hands, the sky is the limit. Even if you do not have skills, there is no need to sit and suffer. There are many ways to improve your skills. There are online courses. There are offline studies.
You are no longer the hero of the black and white movies. Whether you curse poverty, highlight unemployment, love poverty, or hate the rich — survive.
Spend as much as you need to live happily. Earn as much money as you need to live contentedly.
You will never find millionaires who cut their expenses. Only those who increase their income will become financial winners. They will receive the love of family members and the support of relatives.
Final Thought:
Responsible spending is not about saying “no” to life’s pleasures. It’s about balancing dreams with discipline, and comfort with commitment. Don’t compromise your life in the name of saving — just make sure you’re living within today’s means, not tomorrow’s promises.
If you trust the system..
One of the things that attracts new investors is the share market and mutual funds, which are ready to give safe profits.. Even though they are ready to trade in the stock market and create a trend, they think that they will create a trend. It is very important to know the difference between mutual funds and stock market trading in advance.
Those who have the ability to research, examine and understand the stock market should trade. Even then, even the most intelligent people cannot predict how the market will react. Even the Damanis and Agarwals, who have been entrenched in the market for decades, have achieved an annual return of approximately 18 percent in the last twenty years (there are many mutual funds that give returns of more than 18 percent per year)! If there is a system that works for you in investing in the market, it is mutual funds! Although subject to the market risk, it is a safe game in the long run!
There is no long-term doka for investment. You can also get good returns from stocks here. Moreover, without any mental stress, without doing any research, you can spend your time with your family and earn cool returns! To put it bluntly.. stocks are like learning to swim in the ocean. If one big wave comes.. a person is lost! The same goes for mutual funds, which are like learning to swim in a swimming pool. You know how deep it is. There are no waves. You can swim safely.
✨ About Me
Hi! I’m Manikanta Reddy, a passionate finance enthusiast with a strong understanding of money management, personal finance, and smart investment strategies. I believe financial literacy is the foundation of a secure and stress-free life — and I’m here to share practical insights, real-life examples, and simplified advice to help you make better financial decisions.
Whether it’s choosing between paying off a loan or investing, building emergency funds, or planning for retirement — I love breaking down complex topics into easy, actionable tips that anyone can follow.
Let’s learn, grow, and build wealth — the smart way. 💰
good information