04-14-2022, 10:30 PM
how do I explain to my smaller sibling that literally everything is investing?
<!-- SC_OFF --><div class="md"><p>I hear this from them that they do not want to invest and only want to spend their money. So I tried explaining that actually everything is an investment, if you buy a meal you enjoy, you’re investing your money in exchange for satiety, if you pay to do something you like, that’s an investment too, literally everything is an investment. </p> <p>I want them to think like this, because ever since I started thinking like this, everything became better. I would seek out the value in everything instead of just buying and selling things, value was something I could finally perceive. And now that crypto is becoming a real commerce tool with projects like Binance Pay and Exeno, I feel like I’ll be spending money much more easily. Since I’ll be paying in crypto directly, I’ll be directly pulling out profit to spend, which is why I need this mindset more than ever. </p> <p>I need to explain to him that investing early is crucial. And that understanding where your money goes is elemental. There’s one way that I could get him to spend money with the most fulfilment and it’s like that. </p> <p>Investing isn’t just buying a stock and selling it, it goes way deeper than that, it’s part of our every day life, and I wish more people understood this.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Livid_Toe_721"> /u/Livid_Toe_721 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/u392xs/how_do_i_explain_to_my_smaller_sibling_that/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/u392xs/how_do_i_explain_to_my_smaller_sibling_that/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I hear this from them that they do not want to invest and only want to spend their money. So I tried explaining that actually everything is an investment, if you buy a meal you enjoy, you’re investing your money in exchange for satiety, if you pay to do something you like, that’s an investment too, literally everything is an investment. </p> <p>I want them to think like this, because ever since I started thinking like this, everything became better. I would seek out the value in everything instead of just buying and selling things, value was something I could finally perceive. And now that crypto is becoming a real commerce tool with projects like Binance Pay and Exeno, I feel like I’ll be spending money much more easily. Since I’ll be paying in crypto directly, I’ll be directly pulling out profit to spend, which is why I need this mindset more than ever. </p> <p>I need to explain to him that investing early is crucial. And that understanding where your money goes is elemental. There’s one way that I could get him to spend money with the most fulfilment and it’s like that. </p> <p>Investing isn’t just buying a stock and selling it, it goes way deeper than that, it’s part of our every day life, and I wish more people understood this.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Livid_Toe_721"> /u/Livid_Toe_721 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/u392xs/how_do_i_explain_to_my_smaller_sibling_that/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/u392xs/how_do_i_explain_to_my_smaller_sibling_that/">[comments]</a></span>Kind Regards R