Do you increase your wants according to the availability of resources?

Honestly, my wants are quite limited. :) This is because my idea of heavenly time was when I must have been around 7 or so. We had this single bedroom quarter, in a nice 400 odd square yards. There were lots of fruits, and flowers, and lawn. And that is all that I aspire for. :) Of course, as I grew up I realized we need regular income to pay bills and buy clothes. So that house plus a few things that I have become accustomed to. My father however is a great one for the latest gadgets. He likes to buy anything and everything at the exhibitions. He attends one exhibition too many. :)

When people adopt a consistent way of living, their problems can be less, If, they don't consistently invite their problems. If you live wrong, then the wrong stays with you. My grandparents had resources, but they taught me not to want everything that tempts me. I'm glad they did. So "no" I do not "increase my wants according to the availability of resources."

I stick to the budget that's set by myself and my wife, we follow this very strictly and although sometimes our children don't understand, I know one day they'll share the same values as me. I don't have money worries because of following what I can and can't spend, I know some family members who act like they're millionaires and it makes me sick when they ask people to borrow them money because otherwise they would struggle. Lessons are learned by being careful and sometimes going wrong but this is an area where I don't want to go wrong.

I have a very clear cut idea of how much saving should be done monthly and accordingly i spend the rest of money.I have to pay for my policies and my son's policies,so i save accordingly keeping in mid all these factors. When i get more money i prefer to buy the items which were pending in my list but could not be bought due to paucity of funds.But no compromise on savings.

I think that this statement is very true when you look at life in general. I've seen many cases in my life where people are accustomed to one lifestyle but their lifestyle changes if they have any kind of a significant increase in their wages or whatever. That said, I also tend to think that people have a hard time adjusting their lifestyle when their is a decrease in the amount of resources that they have in their lives. This is one of the many reasons that the economy has seen the troubles that it has in the last couple of years.

sometimes, einstein is at work in such situations. also, the law on supply and demand has a lot to do with it. but for one conscious of his health, like me, those things no longer affect my consumption levels. i stick to what i need, even in non-nutritional items. i maintain a simple life and abundance doesn't tempt me to live otherwise.

Yes, I think the place where my wants shrink or expand would be in choosing restaurants or hotel rooms. When resources are available then I would choose more expensive food and lodging, but when they are not then I would shop for a better price.

I wonder if it is human nature; the more we have the more we want. Or it could be that when we get to the point that we can finally afford something we didn’t have before we become so used to it and we believe we cannot live without it! I recall a life without a cell phone, there were no computers in the house and we only had one television set; now we have three computers, four cell phones and three TVs and we are not, by any means rich people! I like to think that I am not overly attached to ‘stuff’ and I could probably do without a lot of things except my lifeline, my laptop! We try to live within our means and avoid credit of possible and there are many luxuries that we may have our eyes on but debt free feels better than a lot of things.

I rather not.you can use the resources for other important things.you can add the extra earnings to a savings account or for business ventures.it is much easier to allot a shopping budget to discipline yourself from spending.on the other hand,too much frugality can deny you of things you want.it is much better to stick somewhere in the middle.

Unfortunately, most of us tend to live pretty undisciplined lives. And, of course, it's easy to have more if one is able to, but hard to do with less when that becomes the reality. However, most of us would be surprised at how little we really NEED in order to be both satisfied and joyful. As has often been said "The best things in life are free." I believe that to be a truism. Granted food, shelter, and clothing require a certain financial dimension that can't be ignored, but can be improved upon, as in learning to be frugal re at least food and clothing. Shelter is harder, as the American dream of home ownership turns into a nightmare. Nonetheless, most of us could do with a lot fewer "things".

I don't expand my wants too often. I just buy what's necessary and if i had some extra i'd put it in savings for my small business. I don't buy stuff too often, only when i'm sure that it wouldn't be a total loss for me.

"Expenditure rises to meet income" which is nothing but another way of saying more income raises wants. This is a human weakness. What we see around proves this point. What is competing with the Jonesus? It is rarely that one is satisfied with what one has.

Hi, Yes I do change my wants or rather requirements according to the availability of resources. Its not that I am not interested in acquiring more resources. But I think, the primary criterion to have more is to be satisfied with what you already have. This type of thinking gives a surge of positive energy and satisfaction. It makes us more flexible and dynamic. Even if I ignore the possibility of any financial disaster in future, I still think there are other advantages of this approach. With this approach one learns to appreciate the things he has and also to value the present, without even trying to anticipate the future. Thanks for starting this interesting this-cussion. God bless you

I guess it's human nature. As your salary increases your lifestlye will also adapt but i think what's really important is that you choose a lifestyle that you can afford.

Nice topic, no I will not change my style, or go for expansion of wants, when thre are substantial funds, I have learnt long back, to stretch my legs within my bed. I will not allow the money to mange me, rather I will keep it under my control.

Hi Kala! Availability of resources (read financial resources) do make an affect on our needs and we tend to go for those kind of stuff, which we could not afford, when we had less means. I think, balance needs to be maintained in the sense that we should not go over board or should add a long list of our desires, when we have better financial resources. It is better to live within our means. When I get extra income, I tend to spend lavishly..........lol!

we always have wants in life and its never ending, though for me its limited as long as its within my budget. though if i know that i really dont need the thing even if i want to buy it then i will not waste my money to it. i will be be contented with what i can afford.

I've been living on a pension for the past decade, which means I had to learn to budget to survive. I've thought about this question in the past, and I believe that even if I ever won a large sum of money, I'd invest it, give myself an allowance,and still live on a budget. The only difference would be that I'd donate more to those charities I've always wanted to help out.

Given that my earnings have always been less than desireable, I haven't had to worry about the downswing in my lifestyle, things have always been tough for me.

As for me,I would try to change my life to a better life that I want. Changing has risks so we may think that are the advantages outweight the disadvantages?does it worth? Meanwhile,the opportunity and time would escape! When people get accustomed to the current life,they lose the spirit to make progress. We need to get ready to change ,even if we had accustomed to the lifestyle.