Money Gossip: How People Spend Money Differently - Laugh With Us Blog (2024)

Money Gossip: How People Spend Money Differently - Laugh With Us Blog (1)

Money. It’s such a tricky little thing isn’t it? I can recall countless conversations with people complaining about how other people spend their money. Sometimes there is concern, pity, or jealousy in their voices. What is the same each and every time is the fact that someone else isn’t spending their money the way the person speaking would.

Guys. People all spend money differently, because we love different things! It’s that simple.

One mistake people make is to assume that others are spending just like they are, but then in addition are doing or buying that THING that one finds extravagant or unnecessary. When in truth there are probably lots of ways you’re spending money that other people aren’t. Perspective!

For example, I have a friend who always looks amazing! She finds pleasure in spending money on clothes, jewelry, make-up, hair, nails, massages, etc.

Another friend of mine has all the newest tech of everything she owns. TV, computer, games, cameras–all brand new and top of the line.

One friend of mine prides herself on her home. She keeps it immaculately clean and decorated. Her paint, decor, furniture and even landscaping–everything is just so, and she dreams about getting the next thing to make her home better.

Another example is my crafty friend. When it comes to crafts she is queen. She spends her free time creating and buying (And honey that stuff ain’t cheap no matter how many sales you find!) all manner of supplies for her creations.

I can think of people who love to collect antiques, guns, bikes, books. That’s where they spend their money.

Then there’s me. When I have free time, I’m Googling the next place I can explore. I love to travel and see new things and experience places for myself. I dream and save for the next place I’ll get to visit. I’ve even built a business that funds and pays me for my travels. How cool is that?

Here’s the thing. I’ll use me for an example. Yes, I love to travel, and I put lots of energy into that, because I love it. But I don’t spend much money on shopping. I don’t get my nails done. My TV weighed 500 pounds until 3 years ago when we could no longer read the closed caption on it. Our computer monitor is 17 years old. I’m really surprised it keeps working! Ha ha! People come to my home and think I’ve just moved in because there is nothing on my walls. I do not craft. Instead I’d much rather save my money and go on a trip!

But when people see me going on a great trip they automatically assume I’m spending money on all the things they spend money on, and that I have this thing extra that they don’t have, and I get that, “Wow! That must be nice!” attitude.

It would be like me looking at my friend’s brand new house remodel and rolling my eyes and saying, “Wow that must be nice!” If the having the latest in home decor was that important to me, then I would make different choices. I’d forget that next trip and save money for the remodel. I didn’t mind driving an old van, but when it quit running well, then spending money on a new one became more important than traveling until I got it paid off. You see?

Instead of looking down our noses at people who have things we don’t or do things we don’t, we need to be happy for them! Seriously, it seems like the American attitude has become, “Poor me. I don’t have that thing my friend on Facebook has.” We are so focused inward. “Rejoice with those who rejoice.” That’s in there too! But mainly we need to be thankful for what we have. We have so much!

Be content with the financial choices you make. Enjoy the blessings God has given you, but remember to be happy for others too. And if you wish you could get your nails done twice a week, then give up your Starbucks and get your nails done, but don’t begrudge someone else their great nails. For crying out loud!

And sometimes I just have to get things off my chest. Ha ha! This may sound like a rant, but in truth it’s what I tell myself. Specifically when I look around my house and wish it were cleaner and prettier like so-and-sos, I have to remind myself that I make my choices, and I tell myself to be happy with them. It’s not just you. It’s so ME! 🙂

Money Gossip: How People Spend Money Differently - Laugh With Us Blog (2)

I’ve had this conversation with so many people that have stopped and said, “That’s true. I haven’t really thought about it that way,” that I hoped it would bless you too!

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The Problem with Pat Answers

To Judge or not to Judge?

Money Gossip: How People Spend Money Differently - Laugh With Us Blog (3)

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Money Gossip: How People Spend Money Differently - Laugh With Us Blog (2024)

FAQs

What are some fun things to spend money on? ›

5 ways to use fun money
  • Family-friendly activities. Is there an amusem*nt park 🎡 nearby that your kids love to visit? ...
  • Shopping for clothes. Kids frequently outgrow clothes (and you may want some new attire yourself). ...
  • Buying wish list items. ...
  • Celebrations or special events. ...
  • Loop your kids and teens in and let them choose.
Nov 14, 2023

What do you think are not good ways to spend money? ›

6 Bad spending habits to avoid
  • Work on better spending habits. No matter what you splurge on or like to buy, learning how to control spending is important. ...
  • Bottled water. Americans consume a lot of bottled water. ...
  • Dry cleaning. ...
  • Daily coffees. ...
  • Mindless mobile shopping. ...
  • Eating out. ...
  • Paying for unused subscriptions.

How can we spend money? ›

In this article:
  • Create and Stick to a Budget.
  • Prioritize Needs Over Wants.
  • Use Your Credit Card—but Pay It Off Each Month.
  • Know Your Values—and Your Triggers.
  • Reduce Spending Where It Makes Sense.
  • Consider Long-Term Costs.
  • Limit Your Payment Options.
Mar 23, 2024

How to spend money on yourself? ›

How to Spend Money on Yourself Guilt-Free
  1. GAIN CONFIDENCE AND CLARITY IN YOUR FINANCES. ...
  2. SWITCH YOUR MINDSET. ...
  3. YOU ARE NOT YOUR PARENTS. ...
  4. BUDGET FOR SELF-CARE SPENDING. ...
  5. MAKE ALTERNATIVE INVESTMENTS. ...
  6. GET A RAISE. ...
  7. MATCH YOUR SPENDING WITH YOUR PRIORITIES. ...
  8. SEPARATE THE DOLLAR VALUE FROM YOUR VALUE.
Apr 20, 2023

What is the smartest thing to do with money? ›

Give 15% of Every Paycheck to Your Future Self

Once you're free of debt and sitting on enough savings to survive at least a quarter of a year, Ramsey says the most important thing you can do with your paycheck is to save 15% of it — each and every pay period — in a tax-advantaged account.

What is the best thing to do with a lot of money? ›

But there are some ideas that, when taken together, can put you in good financial standing and set you up for success over the long term.
  • Open an interest-bearing account. ...
  • Build up your emergency fund. ...
  • Pay down your debt. ...
  • Set aside money for large upcoming purchases. ...
  • Consider investing what's left over.
Mar 12, 2024

What are the three rules of spending money? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals. Let's take a closer look at each category.

How to spend money for happiness? ›

How to spend your money to make you happier
  1. Buy experiences rather than material goods. ...
  2. But it's OK to buy things if they can lead to pleasurable experiences. ...
  3. Spend money on other people. ...
  4. Pay in advance. ...
  5. Buy yourself small treats. ...
  6. If you play the lottery, don't choose the same numbers every week. ...
  7. Rent happiness.

What is the wise way to spend money? ›

Creating a budget is the cornerstone of wise spending. Prioritise your expenses to align with your financial goals. Avoid impulse purchases by having a clear shopping list. Take advantage of sales but don't compromise on quality.

Why do I struggle to spend money? ›

Feelings associated with money

You might feel guilty for spending money, even if you know you can afford it. Or, you might feel guilty for seeking support, even if you know you need it. You might be afraid of looking at your bank balance or speaking to the bank. You might feel ashamed for needing support.

How do I break the urge to spend money? ›

How to Stop Spending Money
  1. Know what you're spending money on. ...
  2. Make your budget work for you. ...
  3. Shop with a goal in mind. ...
  4. Stop spending money at restaurants. ...
  5. Resist sales. ...
  6. Swear off debt. ...
  7. Delay gratification. ...
  8. Challenge yourself to reach your new goals.
May 31, 2024

What is fear of spending money called? ›

Chrometophobia – which comes from the Greek word “chermato”, meaning “money” – is an extreme, irrational and overwhelming fear of spending money, and sometimes of money itself. Sufferers can experience intense anxiety or panic at the sight, smell or touch of physical money, or at the thought of spending it.

What should I spend my money on as a 13 year old? ›

Practical Things To Spend Money on as a Teenager
  • A course.
  • A gym membership.
  • New tech.
  • A car.
  • College expenses.

What do people spend money on? ›

Many Americans spend a sizable amount of their income to keep a roof over their heads, food on the table and a means of transportation. Other items commonly found in household budgets include education, child care, health care, retirement savings and entertainment.

What should I spend more money on? ›

8 Ways to Spend More Money
  • #1 Support Your Favorite Charitable Cause.
  • #2 Recognize Your Mortality.
  • #3 Give Yourself Permission to Spend.
  • #4 Save for Someone Else.
  • #5 Buy Time.
  • #6 Take Up an Expensive Hobby.
  • #7 Send Someone on a Dream Trip.
  • #8 Recognize Wise Spending Takes Effort.
Apr 22, 2024

What is a good fun money budget? ›

But I suggest holding to 10% at a maximum. If yours is higher than 10%, you could probably stand to make your budget a little more specific. I recommend budgeting 10% of your monthly take home pay, after tax, for fun money.

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