when is money considered to be wasted

[Axis]

money can be considered to be wasted when it occurs in the following occasions.
for example when a business supply or produce excess and much amount of goods and at the same time they demand for such goods is loe that is not much trying to customers come in patronizing the goods this can lead to wastage especially when such finished goods are perishable goods. and due to the fact it has been wasted it's also really too wastage of money channeled into the production of such goods or commodity. and also money is considered to be wasted when a person spends extravagantly on items he might not actually very useful at that moment. it is not bad spending your money but when you spend all your income on your pocket such spending can be regarded as wasting of money.
and also when a person engages in which stage of money it won't give him any room to save money due to the fact that he channels all his money or cash to either entertainment fashion and other areas which content a person to waste money.
money should be kept in a safe place that is why it is highly recommended for a person to save his or her money at the bank because this is the most safest way in which a person can save his or her money. keeping your money at your house or giving it to a close friend is not really effective and safe whenever you want to save your money because anything can happen without being robbed or getting betrayed by your friend. When this fact are being put in place you would not be prone to waste money on either on necessary items or oversupply of goods and services

 

[Mastergp]

When we use things they way we like just because we have could be term as wasted so when we use our money either to show off that we have it or using it to do thing that won't add value to us can seen as wasting money.

Many people like spending money the way the like because they have it they buy items or asset like houses cars etc that they don't want but they do that to prove to other that they have the money, but one should not forget that money might not last forever. Sometimes it might be too late for one to realize how much he had wasted in doing things that does not generate income to him and at most times live him bankrupt.

Even though one is not wealthy he too can waste money too with they little he has he too can be thinking of spending it to something that may not even add value to him or even grow his business.

So when making money what we use our money for will determine that we know how to manage our money and use it to purchase things that will actually add huge value to us.

 

[Chibson]

There are a lot of ways in which money can be wasted. One of them that occurs in the online space is trying to invest your money in Ponzi schemes.

I know a lot of people who makes money from Ponzi schemes but most of the time they end up losing their money to a lot of scam platforms.

Most of them think it is investment but in my own perspective it is not instead it is westage. It is better to channel your money into productive things instead of investing in scam platforms that you are aware of.

Another way of wasting money is when you spend money on things you do not need. That is the commonest way of wasting money both online and offline.

 

[Amzil]

I guess there a lot of ways but, spending too much on unnecessary items is one of the ways to waste money, and not having a budget plan in place can also lead to financial waste. It's important to be smart when spending your money and develop habits that prioritize saving for the future. This way, you can invest your savings when you have the opportunity to do so.

 

[Bisolami]

money can be considered to be wasted when it occurs in the following occasions.
for example when a business supply or produce excess and much amount of goods and at the same time they demand for such goods is loe that is not much trying to customers come in patronizing the goods this can lead to wastage especially when such finished goods are perishable goods. and due to the fact it has been wasted it's also really too wastage of money channeled into the production of such goods or commodity. and also money is considered to be wasted when a person spends extravagantly on items he might not actually very useful at that moment. it is not bad spending your money but when you spend all your income on your pocket such spending can be regarded as wasting of money.
and also when a person engages in which stage of money it won't give him any room to save money due to the fact that he channels all his money or cash to either entertainment fashion and other areas which content a person to waste money.
money should be kept in a safe place that is why it is highly recommended for a person to save his or her money at the bank because this is the most safest way in which a person can save his or her money. keeping your money at your house or giving it to a close friend is not really effective and safe whenever you want to save your money because anything can happen without being robbed or getting betrayed by your friend. When this fact are being put in place you would not be prone to waste money on either on necessary items or oversupply of goods and services

I think money can be considered wasted when you do not spend the money on the things that are necessary. There is a difference between our wants and our needs so it is very important to take care of our needs before taking care of our wants.

It is a normal thing to want something but it is abnormal to get what you want before getting what you need and that is when I can say that you have wasted money.

We should be able to spot the differences between these two so that we are not going to be spending our money on things that are not important.

 

[AKLeith350]

That is a very good point. It is important to have a plan for saving and spending money, so that you can avoid wasting it on unnecessary things.

 

[Bisolami]

money can be considered to be wasted when it occurs in the following occasions.
for example when a business supply or produce excess and much amount of goods and at the same time they demand for such goods is loe that is not much trying to customers come in patronizing the goods this can lead to wastage especially when such finished goods are perishable goods. and due to the fact it has been wasted it's also really too wastage of money channeled into the production of such goods or commodity. and also money is considered to be wasted when a person spends extravagantly on items he might not actually very useful at that moment. it is not bad spending your money but when you spend all your income on your pocket such spending can be regarded as wasting of money.
and also when a person engages in which stage of money it won't give him any room to save money due to the fact that he channels all his money or cash to either entertainment fashion and other areas which content a person to waste money.
money should be kept in a safe place that is why it is highly recommended for a person to save his or her money at the bank because this is the most safest way in which a person can save his or her money. keeping your money at your house or giving it to a close friend is not really effective and safe whenever you want to save your money because anything can happen without being robbed or getting betrayed by your friend. When this fact are being put in place you would not be prone to waste money on either on necessary items or oversupply of goods and services

I think a lot of people find it hard to keep money in a very safe place. Some people can be so reckless that they will just keep money in anywhere and they will begin to look for it when they need the money which is not supposed to be like that.


I also noticed that some people fail to follow the plan that they have for money. Some of them would have planned something very reasonable with the money they have on them but they will end up spending the money on something that does not even make sense or that will not even add to their life.