This topic is a very interesting one. I see many people spending all they earn; When they get some sort of bonus, its gone as quickly as they receive it. In itself not a problem, when income is guaranteed. But then again, the era of lifetime employment are behind us in most part of the world. I always go be: One cannot spend more than we earn and We shall save for rain days. In my case I add the fact I save extra so I can use that money to invest. These investments can be anything, from investing in my won growth, too investing in companies (crowdfunding for equity I like) and a tiny bit of all of it in crypto. I sometimes skip a vacation to make sure the money I saved extra by not taking a trip, may give me a few extra vacation later on. I think thats how people go about money when they start with nothing and become rich. They usually dont spend money on anything else than the basic needs in life. Not that I'm close to being rich in terms of finances. I don't think I have the urge to become rich in monetary values, though I like to have a comfortable life, now and definitely also in the future.
All in all, I suppose mostly, the Good Wolf is dominant in my life :) Which is yours?
Thanks for inviting to interact. I was fortunate within the uncertainty and economic instability that plague society, to have extremely responsible parents in general instruction, values and financially. From which we have been able to transmit the prudent administration of resources, to this added my ability to be or consider myself self-taught to the point of somehow becoming an entrepreneur.
The work for life will depend on the country that one is in, but if the economic income for life, whether in subsidies, pensions, allowances or micro-payments in exchange for fidelity for something (political votes or domination of the status quo of who reigns at the moment), it is becoming or becoming perpetuity.
Regarding the use of my financial earnings, they are divided in this order: commitments-expenses and daily obligations, joys-pleasures-tastes of life, academic training, donations, investments (cryptographic).
Sounds (well, reads to be more precise), you got the right tools and knowledge when growing up and you spend you're money wisely. It's not at all that difficult, though many seem to have troubles with keeping a good balance in earnings and spendings. I suppose the consumer era we are living in, doesn't make it easy for many not to fall into the trap of continously buying stuff one doesn't really need. I'm longing for the era next, the one where we much more share physical objects, and our culture changes from being materialisic to one where objects (including digital objects) doesn't play an important roll in most (to all) people lives. Maybe I'm dreaming now; Possibly being to idealistic here 🙃