I’ve got nothing against any kind of Good Spend & I fully support spending money for leading a comfortable life ??
But, there is so much of money which just slips out of the gaps inbetween our fingers that we just don’t know on what’s happening on the SPEND side of our money
Everyone talks about Investing and Returns…. Trust me, a couple of things come before investing ??
Increasing our Earnings (potential)
Spending Sensibly
Here is a simple table on the opportunity loss of wealth on indisciplined spending (well, we can justify rationally & logically any Spending decision, though ?)
Today, If I SPEND a ₹, $, £, €, CAD or AUD….How much am I losing in wealth at the end of 35 years (calculated @ 12% & 15% CAGR for the period)
₹ 1 spend today equates to ₹ 53 & ₹ 133 loss in wealth after 35 years
₹ 1 Cr equates to about ₹ 53 Cr or 133 Cr
35 years is probably an active career life for many & isn’t a big long tenor ?
SPEND WISELY but not MISERLY
Nice catchy last line “ Spend wisely not miserly”??
Thanks 🙂