I read a post this morning about an investment analyst who was advising a client that if he gave up drinking, in twenty years he would have saved up enough money to buy an airplane!
Imagine that, he only had to give up twenty years of being sociable, doing something that gave him enjoyment on a regular basis, and this would allow him to buy something he didn’t need.
The following should be taken into consideration before investing your money.
Before you start saving for an uncertain future, make sure you’re not doing it at the expense of the life you’re living today.
Your seventy years old self may not have the energy to really enjoy the money you’ve saved.
You don’t need money to enjoy your life but it certainly helps.