Weekend Reading: Too Much of a Good Thing – Taking it Too Far
This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend Reading
If you’re craving chocolate cake and eat one slice, you’ll probably feel satisfied afterward. However, if you eat the whole cake, chances are you’ll feel sick.
READ THE ARTICLEThis is just one example highlighting the importance of moderation and balance; Not only when it comes to nutrition, but in other aspects of life as well. Additional instances when good things can be taken to extremes include:
📌 When you reduce expenses: While tracking and reducing expenses is wise, it can be taken too far. Focusing on significant expenses like housing, transport and food is usually sufficient.
📌 When you save money: The Financial Independence Retire Early (FIRE) movement promotes saving and investing aggressively to retire early. However, it's essential to strike a balance between saving for the future and enjoying life today.
📌 When you work hard to earn more: Money is crucial for financial stability, but overworking can harm relationships and overall well-being. It's essential to still prioritize a fulfilling personal life.
You won’t create a meaningful life by sacrificing happiness, experiences and relationships for the sake of one more dollar. The key to fulfillment is to find the sweet spot between extremes; somewhere in the middle of financial security and living in the present.