I LOVE the fact that they call them spending habits. Highlight the word habits. Just because you are in a country with so many thieves shouldn’t make you a thief, cities with so many crimes haven’t given you permission to be a criminal. Now, the same way these habits shouldn’t be adopted is the same way living in a society with bad spending habits shouldn’t make you a bad spender. 

Charity begins at home. Habits start from home, and no matter how bad the society is a child who is taught how to use a piggy bank and identifies its value will learn how to save. When this child grows with this habit, no matter where you take them, they will always keep the saving habit. It all comes back to someone’s roots and how they were groomed. 

A wise man will always be a wise man even when he stays among the unwise for years. Warren Buffet whose net worth dances to the tune of billions of dollars lives in a five-bedroom house. Putting aside Saudi Arabians, I think the USA is the one country that has the biggest spenders. I believe we all know this man stays in America where rich musicians and wealthy businessmen travel in private jets and yachts. He can have 10 times what these guys pose around with but he chose to be modest and I think anyone who is smart would do the same.  

If someone doesn’t know what they want, they are at a risk of someone else or an external circumstance influencing it for them. This has nothing to do with the society, it all starts with the individual and the moment they give society the chance to influence them, nature takes its course and the person is vulnerable to this. 

Just a few weeks back, Imbuto Foundation organised training on financial literacy. With more of these, the youth are ready to combat temptations that come with society. An educated community will fight bad spending habits tooth and nail and at the end of the day; it’s all left to "personal choice” other than society choosing what is to be done for someone. 

In conclusion, society has no business influencing an individual to spend carelessly if they do not want to. There is such a thing as financial discipline and until people learn to get some, they will always blame society for their mishaps, which is not right. 

If you are not Jay Z or Bill Gates or Floyd Mayweather, it is simply ludicrous to buy expensive things when you are still renting a house! Buying two cars when you do not even have a plot of land! We need to stop spending like we pick money from trees just to impress people because when reality checks in, there won’t be anything to impress anyone with.