How to Balance Spending Now and Saving for Later
Malani believes that it’s possible to both spend money on experiences while you’re young and simultaneously prioritize the future financial you.
“If you want to balance experiences while pursuing long-term financial goals like retirement or buying a house, then balance it,” she says. “Dedicate some money to each, even if that means a domestic vacation instead of an international one. If you want to be able to do both, make sacrifices to both so that you can achieve that balance without over-stretching.”