this post was submitted on 26 Jul 2024
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Start saving some of your money. Whatever you can but have damned restraint and dont spend it
Countering on a 20's side:
On the other hand, would you be at the same point in life if you would save every penny?
Having savings could greatly help you now, but what if you'd never experience whatever you spent your extra on? Maybe it was something new, or simply something that helped you deal with a compounding stress, or maybe you can simply remember your carefree times with warmth in your heart.
It might not be visible at the first glance, but it is important and it might have changed a lot more that you think in retrospect.
Yeah, I earn so much more now in my 40s then in did my 20s. What I'd saved then in a year I can save now in a month. But I still cannot have the fun now that I had back then.
Restraint is good. Having some reserves for troubled times is extremely important. But living is also important.