We’re going to cut to the chase today: we are all spenders. Every last one of us is spending money on something, and we have to wonder whether or not that’s a good thing or a bad thing. You see, we really want to make sure that we try to keep things into perspective. Just as you can save too little, we think that you can save too much. When it comes to a point where you are affecting the quality of life that you enjoy now for future payoff down the road, we think that it might be just a little too much for people to handle. You might want to get to a point where you can actually handle not being so focused on saving that you miss out on the moments that you actually want to treasure.
We’re not going back on previous guides here at all. We’re still definitely much encouraging everyone to save some money. However, you’re going to need to do it in a way that promotes a healthy balance between the life that you lead now and the life that you want to lead in the future. If you don’t do this, then you’re always going to be a little bit upset at the way things turn out. You’re going to want a little more than some might be willing to give you, and that’s when things start going a little south, honestly. Nobody can give you more time, but more to the point, nobody can give you back the memories that you lose out on being so restrictive.
Does spending matter? Well, we think that it does. Just as you want to save, you want to spend money on the moments that matter. You want to spend money on the times that are important to you. You want to invest in the things that matter today as well as tomorrow.
Do you really want to look back with regret, knowing that your savings account is full but you still didn’t get to accomplish the things that really mattered to you? That’s the question that we wonder out loud to ourselves, and we encourage you to explore this for yourself as well. The more thought that you put into it, the more you’re likely to make better financial decisions.
It’s okay to use your money to have fun. If you’re like most of the population, you’re going to be working pretty hard to get that money. Why shouldn’t you want to enjoy the money that you’ve worked hard to obtain? If you don’t have a little fun once in a while, chances are good that you’ll start going overboard when it comes to really getting the things in life that you actually want. That’s no way to really live life at all!
It’s possible to become less of a spender, if that’s what you really want. However, here’s the key — you’re going to have to want to be less of a spender. You’re the one that’s going to have to make that choice. If you’re comfortable with your life and you are hitting the overall principles of your financial blueprint, then why would you need to change anything? It’s usually not the case though — if you’re too much of a spender, you’re going to find yourself sliding into debt. That’s something you will definitely want to avoid as much as possible.
Don’t just take our advice at face value — test it for yourself. Get to know what’s going to work in your financial life and what isn’t going to work. That’s really the key to getting things done, if you really ask us! Why not make today your day? We don’t mind!