The Most Important Question in Personal Finance: What Is Enough?
31: It's extremely simple in theory — but could require a lifetime of experience to answer: What is enough?
The biggest challenge in financial planning lies in striking a balance between living well today (and using your money to accomplish that aim) and planning responsibly for tomorrow (which means saving your money to ensure future financial security).
If you know what “enough” is, then you know how to balance your need to save and invest for your future with the reality that you live your life day by day. Your money is a tool that can be used to achieve BOTH purposes.
We explain more in this episode, and also discuss:
And more. Jump into the episode to join the conversation and learn how to establish what "enough" is for you.
Create your
podcast in
minutes
It is Free