I have been reading different blogs and forums about personal finance. It is my hobby and I do learn new things and I see others perspective on personal finance.
Some of the sites/forums advocate for stash as much cash as you can, live very frugal to a point that you deny yourself and your family for basic joys, have a very large retirement portfolio yet still constantly worry about it, account for zero return on your portfolio, and completely disregard receiving any money from social security…. Enough already!
Is everything doom & gloom? What is it with people are trying control every aspects of their life? You CANNOT control everything, period! You cannot predict the future! Stop trying so give yourself a break already!
As far as I am concerned, a happy and healthy life is possible if you follow a few basic personal finance principals; such as
-Live below your means and save as much as you can
-Be happy with what you have, NOT what you could have thus do not compete with Joneses
Whenever you feel that your seven+ figure portfolio is not good enough, think about those you live a fraction of your portfolio!
Life is not just accumulating money, worry about it all the time and then dying with stash of money.
Do you agree?