Saving vs Spending
Lately, I've been pondering on saving wisely. Why did I have to add "wisely"? Isn't it always wise to save money? Well, my goal is to save in a way that it's motivating to delay gratification while still enjoying the present. So I broke it down to two questions: First: What am I saving for? Travel My son's education Retirement home Giving back to my parents and having enjoyable experiences with them Second: What are the things that I'd love to spend my money on? Good food Furniture and appliances that would make life more comfortable including good quality mattress, pillows, and beddings for good sleep (and I've recently blogged about purchases that I'm putting on hold) Ride-hailing services or on-demand transport Exploring different hotels in the metro and beyond Having studio photos taken with my loved ones Activities that my son would enjoy like going to an indoor playground Nanny to help take care of our toddler during work hours Occasionally: ...
