Money: The Loser Approach

How losers burn their cash.

Losers are people who are losing. All the time with everything. A loser might be well aware he’s losing but he doesn’t decide to do anything about it. He doesn’t change himself or his situation. Losers usually stay losers until the day they die.

Losers can’t handle their money either. I’ve seen multiple examples of this in my life so far.

I knew a guy once, let’s call him Joe. Joe couldn’t handle his money one bit. All of it was spent on beer, fast food and cigarettes. He was taking the taxi to get from A to B way more than he needed to. Never cooked a meal either because he couldn’t cook. Joe would spend 90 percent of his salary on the things above in the first two weeks of the month. After that he was asking people to lend him cash. “You’ll get it back as soon as possible bro”.

A true example of a loser who couldn’t handle money.

Money Has No Value To a Loser

Ok, so we know by now that losers spend their money real fast. It’s definitely gone before the end of the month. Saving is not an option.

How do they do it?

Losers make the same amount of money as everyone else. However, that money doesn’t mean the same to them as it does to other people. It has no real value to them. €20,- for a cab ride wereas I easily could have taken the bus for only €2,-? Sure, why not? Literally everyone else would have taken the energy to figure out what bus to take and when it leaves.

Losers Seek Instant Gradification

This is a big one. Losers tend to drink and party a lot. Usually they’re quit fond of cigarettes and drugs too. Every party has to be the best night ever. Even if that means spending some of your last money on liquor and marijuana. It was very much the same with Joe. God, that guy was drunk out of his mind every other night it seemed. Needless to say, all of this partying and drinking was eating up large parts of his money. Didn’t seem to bother the man though. He was always talking about the next party and he often asked me to go with him. I think I’ve done so twice. Not my cup of tea. I don’t like to get really drunk in a techno club. Good thing that Joe paid for most of my drinks.

Joe’s eating patterns also reflected his eternal search for instant gradification. He had a love for McDonald’s. He told me once that he could easily eat there every day. Grose. If he wasn’t at McDonald’s he was out eating pizza somewhere or kebab or God knows what. Remember, this guy couldn’t cook nor did he want me to show him how to.

Losers Will Tell You Excuses

“I’m young bro, I will start to save money when I’m in my thirties”. That was Joe’s answer when I asked him once about his spendings. A classic excuse. I mean, it’s still very much the question if Joe will ever reach the age of thirty with all those parties and McDonald’s meals. But whatever.

The thing is losers will always tell you (and themselves) an excuse as to why the thing they’re doing isn’t that bad. Joe’s excuse was that he was young and wanted to enjoy life. After all, he would start to save money in his thirties.

He couldn’t cook because his mother never taught him to. Another great excuse. Ok, that's unfortunate but he was a grown man. He could easily have learned how to cook. But no, eating out was always the better option.

Moral of the Story: Don’t Be Like Joe

Do yourself a huge favor and never end up like Joe. It's alright if you're not saving as much as you feel you should. It’s never to late to start.

What’s not OK is to spend all of your cash on parties and meals before the month has even ended. Of course you can party from time to time. Go ahead, have fun. But know your limit. Know that instant gradification isn’t worth it. McDonald’s is nice every once in a while but there’s nothing as having cooked a proper meal yourself. It saves you a ton of money and it’s so much healthier as well.

If you want to know how Winners handle their money, wait for my next article because it’s on that exact topic.