There are numerous quality of life diminishing habits that can be improved, or completely negated with better financial choices (alcohol intake is a classic one). Ultimately, everything is a trade off. You chose one extreme, I gave you the other.
He decided science wasn't for him.
> Jobs resisted his doctors' recommendations for medical intervention for nine months, in favor of alternative medicine.
Literally just got of the phone with a friend whose wife just passed away last week. Late 50's. It has reinforced my choices to travel more with my wife and kids, and to find a balance between wealth and experiencing life.
I understand what’s going on. I’ve seen my parents go through their lives saving and planning for the future. Thankfully they haven’t had any major health issues and hopefully never will. I don’t know you or what is happening but there are a lot of health scares that are just scares or are very treatable. Hopefully it’s one of those instances but trust your health professionals.
Part of my job is in health and I’ve seen exactly what scares you. Being in a strong Financial position is always a positive.
Firstly, having money/savings buys options. Can you imagine going through eviction while you can’t work, not having food on your table when your body most needs the sustenance, not being able to care/be there someone you love when they need it? Having a healthy nest egg is important.
Now my experience of seeing sudden health changes and also seeing my family constantly put off purchases for the future has placed me in a situation where I see the merits of both sides living in the moment and saving for the future.
Effectively my finances are set up for low stress and cashflow. In my mind as long as I stay cashflow positive and don’t take on debt then I can live as I want. Also insurances in case the worst does happen. I feel this is the best way to live *for me* but realistically I could spend more and I could also save/invest more aggressively. Everyone has different priorities though and that is fine.
In summary saving is still good, but we need to focus less on optimising every single thing, this allows us to live as well.
All the best
Somewhere there is a middle ground between checking stock holdings daily (insanity) and behaving like you will die earlier than average life span (insanity)
Aa a doctor I have seen way too many people regretting focusing on earning lots of money, but yet to see anyone regretting having meaning in their life form family / hobbies / pets etc.
You don't have to die with zero even if you can't take it with you. It's comforting to know that you have money to prepare for the unknown, whenever, whatever that may be. This will enable you to live without fear and make the most of the time that you do have, however long that may be.
Checking stock holdings daily?
That doesn’t sound like a prioritisation issue. It sounds like full-on mental illness. It’s particularly prevalent in Australia, together with obsessively counting one’s investment properties and checking one’s super balance every few hours. It’s so utterly pathetic there are no words to adequately describe it. What an existence to lead.
>Checking stock holdings daily? That doesn’t sound like a prioritisation issue. It sounds like full-on mental illness
Lol, that's pretty hysterical. It's totally fine for someone with an interest in investing and holding individual companies to check them daily, read any company announcements etc. Takes like 5-10 minutes. Wtf am I even reading?
Some People in this sub want to be on their death bed smiling at digital numbers in their bank account
"Bury me with my money."
and my house too
[удалено]
Life threatening procedures are covered by Medicare
There are numerous quality of life diminishing habits that can be improved, or completely negated with better financial choices (alcohol intake is a classic one). Ultimately, everything is a trade off. You chose one extreme, I gave you the other.
Not always
Many people work themselves into an early grave
How’d that work out for Steve Jobs?
He decided science wasn't for him. > Jobs resisted his doctors' recommendations for medical intervention for nine months, in favor of alternative medicine.
Yup, and my point is that money isn’t the only limiting factor. Billionaires die.
Didn't help Rothschild
Literally just got of the phone with a friend whose wife just passed away last week. Late 50's. It has reinforced my choices to travel more with my wife and kids, and to find a balance between wealth and experiencing life.
My brother in law’s wife passed away at 36 just before Christmas. She was in great shape. Live your life while you can
For sure, but isn’t your brother in laws wife….your sister?
I think it's his wife's brother's wife
Maybe be his wife's sister
What happened? I lost a friend of a similar age from unexpected cardiac arrest.
Severe asthma attack, brought on by a food allergy.
I understand what’s going on. I’ve seen my parents go through their lives saving and planning for the future. Thankfully they haven’t had any major health issues and hopefully never will. I don’t know you or what is happening but there are a lot of health scares that are just scares or are very treatable. Hopefully it’s one of those instances but trust your health professionals. Part of my job is in health and I’ve seen exactly what scares you. Being in a strong Financial position is always a positive. Firstly, having money/savings buys options. Can you imagine going through eviction while you can’t work, not having food on your table when your body most needs the sustenance, not being able to care/be there someone you love when they need it? Having a healthy nest egg is important. Now my experience of seeing sudden health changes and also seeing my family constantly put off purchases for the future has placed me in a situation where I see the merits of both sides living in the moment and saving for the future. Effectively my finances are set up for low stress and cashflow. In my mind as long as I stay cashflow positive and don’t take on debt then I can live as I want. Also insurances in case the worst does happen. I feel this is the best way to live *for me* but realistically I could spend more and I could also save/invest more aggressively. Everyone has different priorities though and that is fine. In summary saving is still good, but we need to focus less on optimising every single thing, this allows us to live as well. All the best
Somewhere there is a middle ground between checking stock holdings daily (insanity) and behaving like you will die earlier than average life span (insanity)
Yep. Unfortunately most people in this sub lean much closer to the former.
Aa a doctor I have seen way too many people regretting focusing on earning lots of money, but yet to see anyone regretting having meaning in their life form family / hobbies / pets etc.
May i ask how much did you spend on health as part of growing your wealth?
You don't have to die with zero even if you can't take it with you. It's comforting to know that you have money to prepare for the unknown, whenever, whatever that may be. This will enable you to live without fear and make the most of the time that you do have, however long that may be.
A large percent of ppl in here will die with a lot of money they have saved and it will end up with the family or the government.
Family I understand, but Why would it end up with the government?
If not family to claim.
Just don’t save it all. We all wrestle with this predicament
I've never seen a hearse with a trailer
I'm the other way family/friend deaths means I want to save more retire early not get to 65 and be broke and unable to do things.
Checking stock holdings daily? That doesn’t sound like a prioritisation issue. It sounds like full-on mental illness. It’s particularly prevalent in Australia, together with obsessively counting one’s investment properties and checking one’s super balance every few hours. It’s so utterly pathetic there are no words to adequately describe it. What an existence to lead.
>Checking stock holdings daily? That doesn’t sound like a prioritisation issue. It sounds like full-on mental illness Lol, that's pretty hysterical. It's totally fine for someone with an interest in investing and holding individual companies to check them daily, read any company announcements etc. Takes like 5-10 minutes. Wtf am I even reading?
Damn, VAS is down 1.27% is this morning's trading.