What Makes You Splurge On Food
Outlook Money|July 2024
With increased earnings, people tend to spend more on gourmet experiences. However, spending within your means is essential to stay healthy, both physically and financially
LARISSA FERNAND
What Makes You Splurge On Food

I believe that there are three relationships which guide almost every facet of our life. These are:

  • Our relationship with God.

  • Our relationship with Food.

  • Our relationship with Money.

(Not in any particular order).

And because the influence is only sometimes overt, if at all, and often subconscious, we tend to underplay its impact.

Before I elaborate, a clarification. I use the word “god” in its broadest sense. It could be religious where we adhere to certain guidelines. But it could stretch way beyond just the supernatural, the divine, the mystical, the magical or the mythological. It could be any altar you worship at—be it the altar of money, power, fame, pleasure, narcissism, and so on. We all worship something or someone. And worship transforms, hence the influence could be all the more insidious.

So when I came across a comment by Chirag Barjatya, I was intrigued.

Chirag identifies himself as a fitness entrepreneur and is the founder of PFC Club. Since I am a big fan of his practical fitness suggestions, I was very fascinated by his observation: “Your fitness largely depends upon your mindset towards money.” He then elaborated and I think he meant physical wellbeing and not fitness in the narrowest sense of the word. So I took the gist of what he said, paraphrased it slightly, and split it up.

  • As you earn more money, your expenditure on expensive food, gourmet experiences and gastronomic delights tend to increase. Hence, you see a lot of the nouveau rich individuals getting unhealthy faster.

  • You can see it in how people flaunt expensive liquor and premium wines in their luxury home bar.

هذه القصة مأخوذة من طبعة July 2024 من Outlook Money.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 2024 من Outlook Money.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من OUTLOOK MONEY مشاهدة الكل
Gold ETFs And FoFs
Outlook Money

Gold ETFs And FoFs

While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.

time-read
2 mins  |
November 2024
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Outlook Money

PLANNING TO BUY CHILD INSURANCE? THINK TWICE

Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs

time-read
7 mins  |
November 2024
How Do You Define Happiness?
Outlook Money

How Do You Define Happiness?

Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness

time-read
5 mins  |
November 2024
Avoid Crypto As It Is Highly Volatile
Outlook Money

Avoid Crypto As It Is Highly Volatile

I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?

time-read
2 mins  |
November 2024
Invest Right, Don't Speculate
Outlook Money

Invest Right, Don't Speculate

The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital

time-read
4 mins  |
November 2024
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Outlook Money

The Wedding & Budget: Is Minimalist Trend The Right Knot For You?

Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it

time-read
9 mins  |
November 2024
Here's How To Buy An ETF?
Outlook Money

Here's How To Buy An ETF?

Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.

time-read
1 min  |
November 2024
How Passive Funds Help Diversify
Outlook Money

How Passive Funds Help Diversify

Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio

time-read
2 mins  |
November 2024
The Rise Of Passive Funds
Outlook Money

The Rise Of Passive Funds

The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?

time-read
10 mins  |
November 2024
Tax Reforms: What's In Store?
Outlook Money

Tax Reforms: What's In Store?

The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms

time-read
10+ mins  |
October 2024