Money-consuming
Adjective describing something that requires a substantial amount of money to obtain, maintain, or operate, often indicating a drain on financial resources. Instances of money-consuming pursuits can include extravagant lifestyles, high-maintenance hobbies, or costly investments that yield little return, leading individuals or organizations to continuously allocate significant funds.
Money-consuming meaning with examples
- Investing in luxury cars can be a money-consuming endeavor, as not only do the vehicles carry hefty price tags, but additional expenses such as insurance, maintenance, and fuel can quickly add up. Many enthusiasts find their passion for high-performance vehicles drains their bank accounts over time despite the thrill of ownership.
- Owning a large house in a desirable neighborhood is often a money-consuming venture. The expenses associated with property taxes, utilities, and routine maintenance can feel overwhelming. Homeowners may realize that the dream of spacious living comes with ongoing financial obligations that extend well beyond the initial purchase price.
- Certain hobbies, such as sailing or collecting fine art, can be deceptively money-consuming. While these activities may begin as enjoyable pastimes, the costs of upkeep, allowing for membership fees, and acquiring pieces can transform leisure into a significant monetary investment, often requiring careful budgeting and financial planning.
- Running a restaurant can be a highly money-consuming business. From purchasing high-quality ingredients to paying staff wages and handling rent, the initial investment can skyrocket, along with ongoing costs. Many entrepreneurs find that maintaining profitability remains a constant challenge amid ever-increasing operational expenditures.
