Your future self – the one that hikes his pants above his belly and whines about the good old days – will thank you for sacrificing today to save as much money as possible for retirement. Or maybe he’ll resent you for not having more fun with your funds before opportunities passed you by.
Well Heeled Blog asks whether ultra-savers go too far to deprive themselves of the finer things. After all, if you can’t enjoy your money now, there’s little reason to believe you’ll be able to do so when you’re older. On the other hand, the prospect of nearing retirement with too little in the bank is terrifying.
How do you strike the balance between saving and spending while the spending is good?
Saving and Self-Deprivation, Do They Go Hand in Hand? [Well Heeled Blog]