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What is the point of saving money?

Saving money to spend in the distant future may sound terrible because tomorrow isn’t guaranteed and we should get to enjoy the life that we have now.

The goal of money is not to die with the most in your bank account. That would definitely not constitute a well-lived life. Instead, the POINT OF ALL OF THIS is to live the most happy and fulfilled life you possibly can. And you can USE money as a tool to help you accomplish that.

But saving money doesn’t mean that you are “not enjoying life”. You’re actually enjoying life in a different way: by buying freedom!

Freedom allows you to quit the job you hate. Freedom allows you to spend as much time with your family as you would like. It allows you to take that risk and pursue the passion project you always dreamed of building. And so on.

So if you see someone driving an old beater car or living in a tiny apartment don’t assume that they are poor or aren’t enjoying their life. Money can buy more than just things that you can write a check for.

P.S. If you’re new to investing or want to strengthen your understanding around money, we are hosting a free webinar NEXT TUESDAY (11/21) that will go over the basics of investing in index funds! Don’t miss it! Check out our bio to sign up!

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.

-Vivi & Shane

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Jeremy Circle

Hi, I’m Jeremy! I retired at 36 and currently have a net worth of over $4 million. 

Personal Finance Club is here to give simple, unbiased information on how to win with money and become a multi-millionaire!