Spending money like there's no tomorrow

[tommytaylor]

I don't get it, I know a few people like this and their reasoning every time without fail is you could wake up dead tomorrow. But the reality is go to a graveyard, any graveyard in any part of the Country and nearly ever gravestone has a death age of 70+, most are 80 or even 90, there are so few gravestones with a young age on them anywhere, even the 2000 year old bible mentions 3 score and 10 somewhere in it.

So why do the spendaholics pin everything on dying young when the overwhelming reality is they will be old frail pensioners without a pot to piss in?

[Greshamst]

Maybe all the young people got cremated instead.

[Caddyshack]

I wouldn’t waste time worrying or thinking about other people. Humans, on the whole, are not very clever in many aspects of their life.

Sugar addicts
Poor diets
Alcohol issues - many drink far too much
Drug abuse
Impulsive behaviour
Abusive behaviour

Humans learn from their parents a lot of the time and most adults are not good role models.

[anonymous-user]

At the other extreme though, I don't understand the ultra-thrifty pension obsessed savers who are gambling the lot on reaching pensionable age. We all know people who have died before they were old enough to access a penny of it.

As always, a balance is the sensible approach.

[Fast and Spurious]

greygoose said:

You are an idiot, many people die before 70 and how do you wake up dead you moron?

End of thread. Hopefully.

[tommytaylor]

JackJarvis said:

At the other extreme though, I don't understand the ultra-thrifty pension obsessed savers who are gambling the lot on reaching pensionable age. We all know people who have died before they were old enough to access a penny of it.

As always, a balance is the sensible approach.

I agree, people say I'm a spendthrift but I've just spunked £1500 on a PC graphics card, I just don't spend money on stuff I don't enjoy where as the spendaholics seem to spend it on anything and everything.

This brings me to anther point, they enjoy spending money, I get that, maybe its even an addiction, but if you are going to spend it anyway, why buy something worthless with it. Instead of buying a £10k car that you cant afford to service or insure properly and then crash it into a tree, why not buy a Rolex instead, you still get the thrill of spending all your money but you still have something that has some value. Or am I making it too difficult for them.

[Crudeoink]

How can you wake up dead? Maybe lay off the wine or pills for a bit pal

[Wacky Racer]

Firstly, go to any large cemetery and there will be plenty of people died in their twenties, thirties and forties.

If you are 70 you don't know whether you are going to die when you're 71 or 91, so probably better not to splash money around foolishly as you don't know how long it's got to last.

On the other hand it's daft living like a miser if you have a few million in the bank.

[tommytaylor]

greygoose said:

tommytaylor said:

I don't get it, I know a few people like this and their reasoning every time without fail is you could wake up dead tomorrow. But the reality is go to a graveyard, any graveyard in any part of the Country and nearly ever gravestone has a death age of 70+, most are 80 or even 90, there are so few gravestones with a young age on them anywhere, even the 2000 year old bible mentions 3 score and 10 somewhere in it.

So why do the spendaholics pin everything on dying young when the overwhelming reality is they will be old frail pensioners without a pot to piss in?

You are an idiot, many people die before 70 and how do you wake up dead you moron?

Not that many do, put your details into one of them death calculators and I bet its greater than 70. waking up dead is a well know saying and a play on words poindexter.

[cliffords]

greygoose said:

tommytaylor said:

I don't get it, I know a few people like this and their reasoning every time without fail is you could wake up dead tomorrow. But the reality is go to a graveyard, any graveyard in any part of the Country and nearly ever gravestone has a death age of 70+, most are 80 or even 90, there are so few gravestones with a young age on them anywhere, even the 2000 year old bible mentions 3 score and 10 somewhere in it.

So why do the spendaholics pin everything on dying young when the overwhelming reality is they will be old frail pensioners without a pot to piss in?

You are an idiot, many people die before 70 and how do you wake up dead you moron?

Ironically Mormons do believe they can wake up dead. I take it that's what you meant to write.

[Muzzer79]

Why do you care what other people do with their money?

It’s none of your business

[peter tdci]

Wacky Racer said:

Firstly, go to any large cemetery and there will be plenty of people died in their twenties, thirties and forties.

If you are 70 you don't know whether you are going to die when you're 71 or 91, so probably better not to splash money around foolishly as you don't know how long it's got to last.

On the other hand it's daft living like a miser if you have a few million in the bank.

Equally, if you visit a cemetery that has remained undisturbed for many years, you'll see lots of gravestones from the 19C and early 20C (and earlier) with mentions of children dying as infants, often before their first birthdays,

[tommytaylor]

peter tdci said:

Equally, if you visit a cemetery that has remained undisturbed for many years, you'll see lots of gravestones from the 19C and early 20C (and earlier) with mentions of children dying as infants, often before their first birthdays,

That was then though, I'm talking about now, not many people die early nowadays, so to use it as an excuse to spend everything you earn is a bit daft I think.

I know its none of my business and I couldn't care less if randomers cant pay the mortgage at the end of the month, I'm just intrigued as to why they put themselves in that position in the first place, does the thrill of spending money outweigh the worry of paying the bills?

[glennjamin]

Got a friend who is a tyre fitter earning £20k ISH. Just had some inheritance paid to him £80k, Not a decent pension at his work place has just bought EV for £62k .... Says no point in being the riches person in the graveyard ! Commute to work is less than 2 miles... Am I alone thinking this is madness ?

[darreni]

For some people, having money is a problem & it makes them anxious. They solve this by getting rid of it as quickly as possible. Problem solved.

[Sway]

My grandfather was thrifty and paid into pension scheme without fail for decades (the Pru man popping round frequently), whilst working himself to the bone as a mechanic.

Then, as he got to retirement age, the 90s recession hit. Instantly, garage business he'd spent decades building couldn't be sold - so he couldn't retire. Pension lost a staggering amount of value.

By the time he finally sold the garage, for a relative pittance, he had severe arthritis and gran had dementia.

So, even though they did have some cash which they'd dreamed for years of using for cruises/golf/comfort - none of it meant anything.

Yes, we ended up getting a bit of inheritance - but frankly would far rathered he'd worked a fair bit less and they'd enjoyed the money earnt whilst they were able to.

There's also the point that when you get to that sort of stage, the vast majority can't really afford any better care than the government will stump up for if you don't have any assets/savings...

[rodericb]

Sway said:

My grandfather was thrifty and paid into pension scheme without fail for decades (the Pru man popping round frequently), whilst working himself to the bone as a mechanic.

Then, as he got to retirement age, the 90s recession hit. Instantly, garage business he'd spent decades building couldn't be sold - so he couldn't retire. Pension lost a staggering amount of value.

By the time he finally sold the garage, for a relative pittance, he had severe arthritis and gran had dementia.

So, even though they did have some cash which they'd dreamed for years of using for cruises/golf/comfort - none of it meant anything.

Yes, we ended up getting a bit of inheritance - but frankly would far rathered he'd worked a fair bit less and they'd enjoyed the money earnt whilst they were able to.

There's also the point that when you get to that sort of stage, the vast majority can't really afford any better care than the government will stump up for if you don't have any assets/savings...

I think the bit I've bolded is one reason why some people "spend money like there's no tomorrow". Like how crazy house prices have made some people resign themselves to never owning their place of residence.

[Condi]

The ones who spend money like there is no tomorrow are easier to understand than those who live off bread and water saving for a tomorrow which may never come.

[bigothunter]

With rapidly escalating costs, balancing household budgets has become increasingly difficult. Many seem to have reached the fk it stage - may as well spend what we have now before the creditors take it.

[number2]

The OP probably envies them, hence making out that they're stupid and he is the smart one.

You know nothing about their circumstances as you say, so there's nothing to make a judgment on even if you feel you need to.

£1.5k on a graphics card to play silly games, that's worthless in 12 months. Pah, and they're stupid? See what I did there?