How much money is really enough for spending activities.

[CALVINDOL]

The question of how much money should an individual spend has been one of the most common and frequently asked questions majority of people today definitely are finding hard to answer by themselves . And the truth about this is because so many individuals today in the world are so addicted to the financial act of spending money possibly on things they need and on things they do not need or once but because they have the money in abundance they spend regularly and almost everyday . There is nothing bad in spending money regularly and almost everyday but what we are trying to say is that "on what things you spend your money on". From what we have learnt and exercised money in lead is a very resourceful and important to or asset that every individual must totally endeavour to use wisely and sensibly and that totally avoids the excessive and extravagant spending and usage of money possibly on things that do not meet our taste and preferences and do not satisfy our needs and wants .

The spending capacity of individual will vary from individual to individual because some individual may have much financial responsibilities and much financial priorities to accomplish and achieve compared to other individuals . With that being said he must only endeavour to spend money on things that meet our needs and wants . To control our spending habits we must consider to always budget our needs and wants .

 

[TOZZIBLINKZ]

It is totally true that majority of people in the world today are totally faced with the question of how much money is enough for them to spend and this is because they have a mindset of saving money and investing money for the future but due to this they are caught up with the question of how much money out of their income is enough for them to spend so that they could be a reasonable proportion of their income meant to be allotted for saving and for investing purposes .

There is literally no amount of money speculated for spending activities this is because in the universe priorities and responsibilities in life that are totally monetary demanding varies from individual to individual and so because of these what is totally advised us that we must not over spend money and we must not extravagantly spend money possibly on things that we do not need but rather if we have to spend money it's definitely must be on things that we need and want and that include the category of food , shelter , and clothing's .

 

[Heartstrings]

Spending moderately and according to your budget or pocket is the real deal here,some people spend extravagantly because the money is there and forget there may be trying times. Instead of spending anyhow or on an irrelevant things,it's better to save up. If what you are spending money on is what will better your future then it is certain. You can actually plan to save up in order to control how you spend money daily. Some people spend extravagantly in the name of flexing and enjoying life,and at the end of the day,when their income is going south,they end up in depts,it's not bad to enjoy your life and flex but do that moderately. Think of people who are looking for what you are wasting away. But I also believe that a person who strive so hard to earn a living would never spend recklessly.

In all it depends on how little or much your source of income is and what your activities are.