21 Jul '12, 3am

Balancing Today’s Wants with Tomorrow’s Needs

Balancing Today’s Wants with Tomorrow’s Needs

Balancing Today’s Wants with Tomorrow’s Needs by Panzer on July 21, 2012 Flickr Image by David Salafia I was again reminded of the never ending balance between today’s wants and tomorrow’s needs in my journey towards financial freedom . One of my co-workers informed me that her older sibling had passed away suddenly after suffering a massive heart attack at a relatively young age of mid 30s. He left a spouse and two children. We have talked a lot about the principles of financial freedom : Live within your means Save and invest Grow your means Protect your means These principles help one to manage the trade-offs that we inevitably encounter in our path towards financial freedom . A recurring topic that comes to me as I ponder about the trade-off between saving and living a simple and frugal life against the fact that I may not be able to enjoy it if my lifespan is cut shor...

Full article: http://thefinance.sg/2012/07/21/balancing-todays-wants-wi...

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