Wint Wealth · Transcript · · Updated
Spend Your Money When You Are Young – Transcript
Video by Wint Wealth · Watch the original on YouTube
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- The speaker advises to spend money when younger, noting how a 5,000 rupee five-star hotel room in Goa from 2002 costs 30 to 35,000 rupees today.
- Saving 5,000 rupees over 20 years to become 30,000 still buys the same hotel room, but you lose the meaning of living in it when younger.
- The speaker concludes that one should save after learning to spend and enjoy life, noting that 20 years of experience increases the ability to save.
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spend your money when you're younger I was getting paid for 5,000 a month then in 2002 you could get a festar hotel room for 5,000 rupees in Goa today an all means C would be 30 35,000 if I told you don't do that hotel room save that 5,000 rupees and you saved it for 20 years it became 30,000 today and yes it'll still buy you that one hotel room but you lost the meaning of living in that five star hotel room when you were younger which you can't get back 5,000 then is 40,000 now today if you have lived 20 years of experience your
ability to save today will be easily one lack of money in general I would say save after you've learned to spend and enjoy your life