A few weeks ago I was talking to a friend of mine about whether or not money can buy happiness. He was adamant that it can’t. He cited money’s inability to buy happiness as his primary reason for not saving for the future. He said: “We don’t know how long we’ve got, so we may as well live life in the present and have a good time now instead of worrying about having enough money in the future.
“It doesn’t matter how much money I have. I could be the richest person in the world and still be miserable.”
Although I can certainly see where he is coming from and I agree that it’s important to live each day as if it’s your last, I think it’s foolish to dismiss saving for the future completely.