Abdur Rahman ibn Yusuf Mangera – Managing Money – The Hidden Costs of Luxury Purchases

You can't just have lots of money and

spend and then there's no consequence of that.

Sometimes things don't go right.

Let's say you've got a holiday somewhere and

the villa that you booked did not come

out right.

Or you had some problems with your fares,

you got there and somebody had made a

mistake or something like that.

You may end up paying more, you may,

you know, you may not get what you

want, then you have to chase them for

your refund.

Similar with phones, your phone has got messed

up.

I called a friend the other day, I

know he's got a lot of money, right,

but the phone is not going through.

Finally, after trying to get him for the

whole day, then I must have emailed him

and I got a response that my phone's

messed up.

So now you're out of a phone because

the new phone that you got just didn't

work properly.

So then you have to send it back

and had it, you know, to get it

sorted out or something like that.

So having lots doesn't necessarily mean it brings

up more management as well.

There's a lot more things that you have

to think about.