this post was submitted on 14 Jul 2025
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Obviously, stuffs like buying Bitcoins, making a certain major discovery are off.

Mine would be not slacking in learning Chinese because I never though I would be a weeb. Now I need to re-learn tons of Kanji.

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[–] partial_accumen@lemmy.world 5 points 6 hours ago (4 children)

Most of us do something like that when we first get money we earned ourselves, myself included. Depending on when you did actually stopped wasting money, this may have had a massively positive impact on your life. If you learned that lesson fairly early, it translated into you making wise spending choices as an older adult. You are successful today because you wasted that money back then and made changes afterward.

[–] eezeebee@lemmy.ca 5 points 5 hours ago (3 children)

Struggling taught me the value of saving. I was still in highschool and working for minimum wage when I moved out on my own, and that was when I stopped wasting money. I was more concerned with securing my next meal. Experiencing it at that age absolutely influenced my habits into adulthood, to the point I agree about calling it a personal success - that is to say I'm still poor, but nowhere near as screwed as I would be if I had to learn that lesson today.

[–] TexasDrunk@lemmy.world 4 points 4 hours ago (2 children)

Struggling taught me that if I don't use my money right now it'll be gone.

And I'm not saying that to contradict you. It's funny how different people learn different lessons from the same experience. I grew up dirt poor. If I didn't spend my money as a kid it might be called upon. And that's the lesson I took for years. I didn't really start saving seriously until I was closing in on 40. I have money in retirement now (and will likely retire early), but it's because I did without for a few years trying to play catch up while making good money. It's not a tactic I recommend. If I had started it back when I was 18 I could be really close to retirement right now.

[–] partial_accumen@lemmy.world 4 points 4 hours ago

Struggling taught me that if I don’t use my money right now it’ll be gone.

And I’m not saying that to contradict you. It’s funny how different people learn different lessons from the same experience. I grew up dirt poor. If I didn’t spend my money as a kid it might be called upon. And that’s the lesson I took for years.

This is something others had to explain to me as I didn't experience this first hand.

If I didn’t spend my money as a kid it might be called upon.

In case others are reading this there's a few extra points to gaining the understanding of this concept. An example of this may be:

You have come into $100 without it being allocated to anything. If you wait "too long" a bill/need will show up that will consume all of that $100 (and probably still leave you needing more). However, if you spend the $100 as soon as you get it, you can buy a nice pair of sneakers or a video game. The bill will still come, and you'll still be in debt at the end, but you'll have your sneakers/video game. So this mindset incentivizes spending immediately instead of saving. An additional angle on this is that you may not have the bill/need but someone in your life does, and if you have $100 and don't volunteer it, or refuse to "lend" it when its discovered, there are large social consequences. So again, spending it immediately is incentivized, because there are no social consequences for not having the money to "lend", only having the money and not "lending" it.

This is far more common that I had understood initially.

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