Sorry not sorry, but I’m disgusted with the appalling disrespect towards money nowadays.
To put it bluntly, the emphasis on spending money has become completely out of control.
Instead of using money to save for a house or to acquire assets, money is a tool to display how amazing our lives are through social media.
Sorry to burst your bubble, but dinners out, new outfits, and new-smartphone mirror selfies🤳don’t do shit for your self-esteem when you’re broke AF.
To come right out and say it, most of y’all are spending more than you earn after taxes and living expenses.
I mean, you don’t need to be a friggin’ Physics Professor to understand 4th grade math!The Appalling Disrespect Towards Money Click To Tweet
Blame Student Loans
In my opinion, the disrespect towards money begins in College and University.
Firstly, the fact that financial education is not taught during school still boggles my mind.
But secondly, the way students are encouraged to go into debt is just as bothersome.
In short, student loans create a broke person mentality before income is ever received.
And based on my observations, student loans cause hopelessness, which leads to reckless spending.
If you’re going to pay student loans for the next 10 years, why not pay credit cards too?🤷🏻♂️
Keeping Up With The Joneses On Crack
Keeping up with the Joneses is another key contributor to the appalling disrespect towards money.
But nowadays, “keeping up with the Joneses” is on an entirely new level thanks to social media.
Prior to the Instagram era, it was only possible to be jealous of your neighbours car and house.
However, now, you could track down your neighbour on Instagram and be jealous of everything they own.
In addition, we experience a bombardment of advertisements online and through social media like never before.
Our grandparents saw the odd billboard and commercial on TV. But in the case of millennials, our every move is tracked online and we are constantly advertised to accordingly.
Plastic Cards That Pay Points and Smartphone Payments
The arrival of plastic cards with “tap” technology has made it a whole lot easier to buy stuff.
If you’ve completed a payment with your Smartphone before, it’s likely that you don’t even remember how much you spent.
Smartphone payments have made buying so effortless that you don’t even notice, which is the point.
Furthermore, the credit card rewards system is something that I’m growing to despise.
I’ll admit that it does make you feel better about spending, because at least you’re getting something back in return.
But that’s the damn problem! It encourages you to spend more…
Mean while, the return on points is pure trash.
You must spend thousands of dollars to earn rewards, and there’s typically an annual fee as well.
With that said, credit card rewards may be worthwhile for someone who possesses self-control.
But using money that you haven’t already acquired decimates the value of it.
Wasteful Overpriced Services That Didn’t Exist 5 Years Ago
I’m not sure about you, but I value my money even if it’s only a $5 delivery fee.
For some reason, most of y’all don’t seem to give a care about paying an additional fee…
I mean, we’ve all overheard people say things like “it’s just $20.”
If you don’t value that money, straight-up, send it over to me! I’ll accept the transfer and proceed to invest it into the dividend business immediately.
Admittedly, I’ve experienced the most commonly used delivery app before, but I’ll never disrespect my money like that again.
Furthermore, am I the only one that notices that most delivery services are subpar anyways?
It typically takes longer for the delivery to arrive, they screw up the order more frequently, the food arrives cold, and of course, you pay more. Not to mention the fact that you’re paying more for the food in the first place.
To sum things up, wasting your money on overpriced delivery services is one of the best ways to end up broke.
The Disturbing Way In Which We View Success
Not only is the way we view success backwards, our distorted view of achieving success encourages debt.
Through our relatives, through school, and from our employers, we’re taught to perceive success incorrectly.
We’re taught to take on student loans and we’re advised to dress for success.
But why isn’t anyone telling the truth?!
In truth, the more successful in appearance, the more likely you’re dealing with a broke person.
Celebrities and athletes can support extravagant lifestyles since they earn insane amounts of income.
However, the average joneses can not afford an extravagant lifestyle.
As soon as you grasp this concept, you begin to interact with life differently.
You realize that folks with expensive cars and new clothes are NOT more successful. In fact, they are just more insecure and more broke.
On the contrary, the shabby looking person that you’ve never thought much of is the person you wouldn’t want to go dollar for dollar with.
Inefficiencies That Deplete Money
Day jobbing causes a considerable amount of waste on unnecessary travel and food.
I mean, it’s 2018 – isn’t it environmentally irresponsible to enforce a commute when it’s bad for the planet?
Furthermore, isn’t anyone else pissed off about the sheer amount of money wasted on commuting?
It’s understandable for physical jobs that require employees to be present. However, isn’t commuting to an office just throwing money away if the work could be done from home?
Mean while, I used to think the purpose of jobbing was to earn money to survive, provide for your family, and to obtain wealth.
Overall, the appalling disrespect towards money goes hand in hand with the “I need to make more first” attitude.
You know, the eventually mantra attitude where folks shamelessly proclaim that they’ll save after their next raise, but never do.
Moreover, money should be appreciated and valued because there are only so many working years to obtain it.
To conclude, the purpose of this post was to encourage a more respectful relationship with your money.
By valuing the amount of time it takes to earn money, and by refusing to waste it on inconsequential things, your money will begin to give back.
In turn, you’ll develop gratefulness instead of pursuing instant gratification, you’ll retain earnings, and you’ll become appalled with the Joneses too.
Question for the readers: Are you appalled with the way society spends money? What are the most wasteful things you’ve noticed?