The most liquid form of goods possible. Useless on its own (that's why we should not print more money), but up to how society interprets its worth, how much is needed for a particular good. Strangely, society also hates giving it as a gift because it seems less thoughtful, even though logically it's the most pragmatic option (if you need anything, buy it with money)! Also, I hate gift cards.
Survival - of course, But the scary things are routines - in fact businesses do this to ensure repeat purchases.
Money is arbitrarily useful; incremental inflation makes it less, but still very useful! It's just that it's became the universal exchange method. If we print more, due to supply and demand, each individual dollar becomes less and less helpful, so that is the cause.
30*40 HKD*8hr is enough to live, I think.
On bare food.
That's why I need a job. Which is why I am going through the rigged education system and examination system!!!
I used to be scared, assuming I would get no job. But I'm maybe just
unskilled, and cannot predict the future.
Cancel unnecessary subscription services, avoid luxury goods, and
find the cheapest options!
But beware of your own psychology too: marketing tricks like
limited-time coupons may lead to impulsive decisions! They just want a
sale, even if not at full price, because a small profit is better than
no profit.
If you use a Value/Price spreadsheet (even though Value will be subjective),
you will have a better idea that Cheaper is better. You may be surprised
at what you can drop!!
Especially in Hong Kong (where I live), it's just way TOO expensive. Might be the biggest purchase of one's life. Thus, if you want to live in your parents' apartment, try to convince them! I have done so already (I think, though not legally binding)! Bonus if it is already purchased, meaning no rent needs to be paid!
(Antinatalism) I lied; this could be an even more expensive ordeal. The education system is expensive, raising is expensive, their needs are expensive, their wants are expensive, their healthcare is also expensive...
If charges occur too high but you think it's "worth it", STOP right there!! You may need to weaken the emotions with detachment before a good judgement, for instance, something asking for lots of money just for a one-day wedding, costs are costs!
If you have enough money for your life, perhaps your time can be spent on things that are not worrying about money, or the stress relief of being financially stable is enough! Don't spend uselessly, still.
I am still literally a teenager. I haven't got a single $ to my name, or experienced really being a member of society, or started doing a job, or spent a lot of money! Perhaps I can be biased too, because I could be treating money too sacredly! Thus, this is not financial advice.
There is a reward in the brain for novel things. However, I like Familiarity. I
stay at my house. I fear going to other countries or traveling long
distances. I rarely eat at restaurants I am not familiar with. Perhaps I
am biased against costs. I fear spending! And even worse, I don't like the fact
that I fear spending.
Because I was told that my worldview will remain narrow forever.
Perhaps because I haven't gotten a job yet!
So I think this is due to interference from money, the need to get money
to feel safe before discovery, which is also mentioned in Maslow's
Hierarchy of Needs. As such, my brain prioritizes Safety: It already knows certain
restaurants are good, and it already knows what to do. The one danger is
repetitiveness. However, some things can absolutely be repetitively
done! I have to admit, I know almost nothing about money. I have
experienced scarcity where I have not earned anything in 17 years. As
such, perhaps I am falsely perceiving money as ultra valuable and any
expenditure of it as amlipfied negativity. Even though I need money to
exist. This is the ultimate Little joys Jobs are getting harder and harder
each year to get into, and I haven't experienced the little joys
of earning money for my entire life. I am stuck in the education system, which is practically
unpaid labor. Thus, it could be that I fear the fact that resources drain every day while I
can do little to get back what my existence basically guarantees.
I’ve just not earned it yet, and I thus have even greater monetary loss-aversion than adults. However, I do think it’s good to realize that most things are in fact not worth paying, and it’s nice to think before buying as it can easily spiral into regret later due to the product being potentially overpriced for its pragmatic use.
When increased income leads to higher (potential even unconscious) spending of things because the person feels like showing off their wealth on social media, or it is wasted otherwise… And they might run out. There really isn’t much wrong with saving, so probably save instead of spend for it will exist when you need it. However, money is hard to predict. So be careful!
Some really like to save it, and others really like to spend it. Some even lavishly show off their wealth (who cares about social validation)! Well, perhaps the ones who like to save are the ones that didn’t earn that much in the first place…
The more urgent, or the higher the discount (Regardless of whether the discounted price in isolation is a good one or not!) the more the demand skyrockets because it makes the customer feel like they got a great deal. Humans usually only compare the original price and think they are "saving", not "spending"…
Me right now… Yeah money… I was born so I burden money, it is what it
is. The spending I hate especially is ones that are spent on mitigation,
for instance doctor for medical conditions, tutor for bad subjects.
These were “created” by factors I could not control. Loss aversion? This
might be making me sad. I’m not sure. But it is.
Perhaps it is the case that those who didn't earn more naturally feel
more guilt using what they don't possess. More: Giga-[[fear of spending
parents' money]]
The more survival you have the more you sacrifice your freedom.
The basic act of having the chance requires school, and job, but you do want
food to survive, and that needs money.
You can be unemployed and have basically as much freedom as you have in this society. (other than
power positions)
On the other hand, prisoners pretty much will survive due to "free
food", but have no freedom whatsoever.
Additionally, hunter-gatherers of wild animals may have lots of freedom, but suffer
acute stress, yet
have risks to their survival because the amount of animals they kill on
a given day is variable (and some animals can retaliate and destroy
their life instantly).
Having more past a certain point gets more and more negligible. Not sure what to even spend it on! For instance, the reaction of a homeless person vs. Elon Musk getting $1000 is very different. Inequality is indeed one of the negative effects of money.
The idea that you should not work for a company only for money - it doesn't apply for now UNLESS u even had a choice to begin with (another one wants you!)
Money and liking a job is usually the best.
Money and a boring job might still be better than no money for life,
though ( unless u can really live like this. I am just a 17-year-old
with no formal work whatsoever)
However if we became less reliant on money sometimes GDP perhaps could
rise with creativity since people wouldn't have to suffer
through the grueling 9-5 job while not having the agency to make what they really want
out of life (like Linux and other open source software.)