The YOLO (you only live once) crowd mistakenly equates spending to living and living to spending as if they were one and the same.
I’m here to tell you they’re not the same at all; when you dial down the spending, you’ll be able to live more.
It’s true that you only live once, and you want to make the most of the one life you’ve been granted. That’s all the more reason to spend wisely and get the most for your hard-earned dollars.
I’ve had the opportunity to taste that good life that most people, including a younger me, often daydream about. The pampered life with all of the finer things.
Here in the U.S., we don’t seem to be getting any happier despite substantial wealth gains over the past decade. The decline is most pronounced in children and adolescents, and the role of social media has been questioned as a driver of this unfortunate trend.
When you spend less, you can live more. How so? First, when you create a wide gap between what you earn and what you spend, it’s actually much easier to say yes to one-time expenditures.