Thomas has travelled the world and seen and met with many people of various backgrounds. His motto is, "Travel is the best teacher".
I need a new phone,
I need a new car,
I need new clothes,
I need a four wheeler,
I need a snowmobile,
I need a boat,
Turn on the TV, look in a magazine, check out the internet...everywhere we look we are told about the newest thing and we are told we need it by excited, big smiling actors
Corporations are in the money making business. They are to sell as much as they can to the consumer, that is to you and to me.
Most of us don't need what they are selling.
Our smartphone works fine, but there is a newer one out and we need it...or do we?
More than likely we don't need the new one, the one we have works fine.
The same goes for vehicles, clothing and pretty much everything. We don't need the new thing they are selling.
Every once in a while, and sometimes on a weekly basis I get messages from my cell phone provider telling me I can upgrade my old smart phone. But I don't. The one I have still works fine, why would I spend my money on a new phone? Why would I hand my money over to a billion dollar corporation for something I dont need?
I have known people who buy new phones every two years, or who buy a new car every four years or who buy new clothes every season.
This is senseless, but it is what corporations rely on. They rely on gullible people to make their business more money while the people running the business live in the lap of luxury.
I don't upgrade unless what I have is no longer functioning. Why would I hand millionaires more of my money?
The same goes for concerts, sports, movies etc. I don't buy tickets to see concerts, sport, or go to the theatre. Most, if not all athletes, actors, musicians etc make and have a lot more money than I do, why would I give them more? It doesnt make sense.
I am not greedy, but I know the value of a dollar and know how hard it is to come by.
Stuff doesn't bring happiness. Having money in my savings account isn't happiness but it brings some comfort in knowing I have savings if or whenever I need it.
The people who sell this fake happiness, whether it is a corporate CEO, a actor, athlete, musicians etc live with bloated bank accounts and they want more. They don't care if you can not afford what they are selling, they don't care if you live from paycheque to paycheque they just want more of your money.
Where are they when people are losing their homes, or cars? Are they coming to your rescue? Will they pay your car loan mortgage or rent so you can live?
Of course they don't. They think that your financial hardship is not their responsibility, they didn't force you to spend your money, did they? They are not foolish with their money, why are you foolish with yours?
They don't care.
Think before you spend.
Think about what you need and what you want and then be honest and put your needs ahead of wants and bank the rest.
**Needs represent necessity while wants represent desire**
Saving money is important. One never knows what the future holds. We could end up in a recession and then what will you do? Your company could end up on strike or close its doors. If you don't have savings, what will you do?
You can not, nor should you have to rely on hand outs. Most people do understand that sometimes in the worst cases one does need to rely on help. But it is important to prepare, to prepare for the worst.
If the worst does not happen, then at least you have savings. Isn't that a nice thought?
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
© 2019 thomasczech
thomasczech (author) from Canada on October 16, 2019:
Thanks for the comment, Eric . The wants vs needs talk is an important lesson to teach for sure. But over Chrisrmas i do give gifts as well. Not too many, but some things they want and need.
Eric Dierker from Spring Valley, CA. U.S.A. on October 16, 2019:
Good stuff. I had just gone through need and want with my son -- you know Christmas toys are coming up -- I think we made some progress. But I don't want to ruin getting presents :-)