Fact: A good occasional waste is one of life’s greatest pleasures. Whether it’s a brand new, shiny pair of shoes, your craft coffee drink or the must-have tech gadget of the moment, we all deserve to be treated from time to time.
The occasional effort will probably not hurt your long-term savings goals, but if you often get stuck with excessive spending, it can be reduced in what you can leave in the future. It’s worth checking your finances from time to time to see if it makes sense to cut spending in certain areas. This does not mean giving up your avocado toast (or whatever its equivalent of avocado toast). It simply means adjusting these things to your budget thoughtfully, keeping in mind your long-term goals. These questions can help you identify and celebrate your savings strengths and reduce areas where there would be room for improvement.
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