083. Live for today or save for tomorrow?

Some people are so focused and disciplined on reaching a FI or FIRE goal that they don’t enjoy the present. Others are so focused on living for today that they don’t plan or save for the future. Which is better? We discuss the extremes of both and how to appreciate the need for both and strive for balance.  

Erica joins this week’s podcast as we talk about:

- The pros and cons of living for today vs. saving for tomorrow

- The magic middle and balance between the two

- Extreme budgeting, deprivation, and reckless spending as extremes

- Tactical tips for finding your balance

- A challenge to reflect on your balance and how you’re enjoying today vs. preparing for tomorrow

Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/083-live-for-today-or-save-for-tomorrow/