Most of Our Today’s Spending Doesn’t Improve Our Quality of Life in the Long Term
Because this lifestyle is disguised as “improvements in quality of life”
We want to save time by buying things that make our daily lives easier, which won’t necessarily be spent idly.
At the same time, we want the freedom of being able to undertake without worrying about our survival. And you don’t have to be a multi-billionaire to do that.
However, I know you’ve had thoughts similar to these:
“I deserve this new phone, I’ve worked so hard. And mine is already a year old! “
I’m not going to buy it anymore, I’m making a good living now.
I promised myself that when I grew up, I’d buy all the XYZ brand consoles the day they came out! “
“There’s an exciting challenging side that shouldn’t become obsessive, we always want to do better to reach our goal as quickly as possible”
It turns out that when you discover the true freedom of living without financial stress, you immerse yourself in over-optimization. Among the examples of exaggerated frugality:
Cutting back on outings to the point of negatively affecting our social life
Giving up expensive hobbies without replacing them
Cutting beneficial expenses (sports, reading, etc.) without finding an alternative (running, borrowing from the library).
Fortunately, everyone sends back the same message: maximize your savings rate at the expense of your mental health and it’s an equation in which you’re always a loser.
You have to save to live, not live to save.
It brilliantly avoids the most common pitfalls (emphasis on inheritance or excessive frugality) and focuses on the diversified panorama with the aim: of recovering a part of your life thanks to solid financial discipline, while respecting the balance of your life.
If you’ve made some new expenses and thought they would greatly improve your quality of life…
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