A few things I’ve learnt on spending money -
Experience vs Things - If I had to choose between buying a luxury car vs a moderate car and a trip to Hawaii, I’d always pick the latter. Why? Because, we tend to get used to luxurious things. However, we cherish our experiences.
Learning - There are numerous benefits to learning - keeps your mind nimble, keeps you humble, grounded and you’re constantly improving. Whether you’re spending money on a new skill to advance your career or a hobby, it’s never a bad idea.
Spend money where you spend time - If you’re going to spend 8 hours a day sleeping, it makes sense to put money on a comfortable mattress. If you’re going to spend most of your weekends at home, it makes sense to live in a nice comfortable house.
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