The Dolla Thug Life

Are you of the mindset “save for the future” or “spend like the future will never come“?

Image courtesy of Jillian Group.

In a way, the second theory has some validity.  There’s no guarantee that everyone will even live to the acceptable age of 59.5 years old to get to reap the full benefits of our retirement savings…valid point.

But what exactly am I giving up now in order to save for tomorrow?  A nice bag?  A couple pairs of cute shoes that I’ll be over next year?  Can’t say spending all my money today is really worth it.

I do believe in balance – I’m still allowing myself to travel and do things I enjoy.  I’m not completely depriving myself by being frugal.  Personally, I love seeing the growing balances on my statements every month more than I like going through the receipts of my latest purchases (I’m strange like that).

Either way, I’m very motivated to improve my net worth every month, every day. Closer and closer to my goals (which will always change and challenge me).

So what do you think? Is saving a waste of time?  Should we all just throw caution to the wind and spend all our money on traveling the world while we still have life on this earth?

That’s an interesting alternative…I can’t 100% argue with that idea, BUT my inner risk aversion is telling me not to do that so I’ll keep doing what I’m doing.  I’ll let this article from the Steadfast Finances blog offer even more insight.

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