Imran Noori
Verified member
Dave Ramsey says "we buy things we don't need, with money we don't have, to impress people we don't like", Some people use their income to buy luxury things without noticing that they are just wasting their money, for example why should someone buy a mobile phone which has hundreds of dollars price while he/she already has a mobile phone which is still working? Nowadays we have many such examples that people are buying things with high prices just because of their brands.
I personally will never ever waste my money buying expensive things in order to impress others, money is not for impressing others, it is for helping those who are in need, if you see children that don't have clothes, food, water and shelter go and help them rather than impressing them.
You can use that money to invest in something profitable like stock market, real estate, crypto market or even start a business which is profitable for you and people, use your money wisely before you lose them all.
Is buying luxury items wise?
I personally will never ever waste my money buying expensive things in order to impress others, money is not for impressing others, it is for helping those who are in need, if you see children that don't have clothes, food, water and shelter go and help them rather than impressing them.
You can use that money to invest in something profitable like stock market, real estate, crypto market or even start a business which is profitable for you and people, use your money wisely before you lose them all.
Is buying luxury items wise?