Saving money is the financial equivalent of working out for many of us. Common sense tells us it will be beneficial in the long run, yet our brains can too easily self sabotage and talk us out of doing it in a matter of seconds. I’ll spend less next month. I work hard and should enjoy my money. These are *investment* cashmere sweaters. Whether you want to save for retirement, build an emergency fund, put money aside for a new house or car, or pay for your next vacation, spending less money every month will help you reach your goals faster and set you up for a financially thriving future.
First of all, there’s absolutely nothing wrong with spending some of your hard-earned cash on yourself. Being smart about your money doesn’t mean living a bare-bones life where you’re deprived of all ability to be a human, which includes being sometimes indulgent and sometimes lazy — being smart about your money means accepting that you are going to be those things sometimes, deciding which places are most worth it to you to splurge or cut corners, and planning accordingly. Existing in the world is hard enough without beating yourself up for buying lunch when you don’t have time to prep a meal. But at the same time, getting ahold of your finances means thinking about what’s worth splurging on and what isn’t.
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