i will stop saving money and start to enjoy life

I am not a big saver. I have a savings account but the contents of it won't allow me to retire anytime soon, haha. I don't focus much on saving money because I focus on the NOW, and for some people that may not be so good but that's how I live. There's a religious root of this attitude---I was raised to think I will not need many riches in this world because I won't be able to bring any of them in the afterlife. Now I have totally quit religion but still I have no big dreams of saving so much money. I spend for my needs, I support my mom. I do have a house that is on mortgage, but it is a simple dwelling. I mean, I could've saved a lot of money and bought a huge house, but what would I need a huge house for? It's good to save money but I think one should also enjoy the fruits of one's labor. For me I'm focusng on travelling. I work hard, I take trips. I save some money, I spend some money. Although, I'm not into things that are outrageously expensive. If I spent a lot of money on, let's say one shirt, when I could've bought 5 shirts that are also of good quality for that amount, then I'd feel guilty.

You are funy but you have a point there. Most financial advisers would say start saving while you are young and you are still single because when you are older and start having a family , your expenses will double. Secure yourself first before indulging to luxury. Well, it is not fair, however, that you are depriving yourself of the things that you need. You can still eat out and buy the goods that you want, you do not have to say no to once in awhile indulgence. But, I do not think that spending all your money is a good thing to do. You can spend some but you must try to save some still even if you think you have saved enough. What have you saved, by the way? Is it enough to build you a house, or for old age, hire someone who'd take care of you or even a decent memorial when your time has to come to an end? I'm not sure but saving doesn't end to what you have right now. I do not deprive myself but I so not spend all the money I have on hand, too.

Hello! Good for you that you have more than enough to spend to yourself. Savings is for the future, but if you have already have enough insurance, health insurance they are good in the future. Try to give something to the needy you will feel something different when you do that.

I always tried, to save, some of my money, so I have money, if I'm in an emergency, such as pain. Or is there something that costs money. No harm, buy something you want with the money, the results of your work. But, it would be better, if you save a bit of money you have, for something that is an emergency.

I think everyone has to calculate how much money he will need for the future and try to save this amount of money so one day comes and he will never have to work again , or maybe work but as a hobby , earning less money. I mean , how much money does a man need for a whole year ? He needs 1200$ for medications , 1200$ for a hobby , 600$ social security (in my country we pay every month 40$ social security fee) , 600$ for dog food , 3600$ food and stuff from the super market , internet ...electricity ,$ water , 8400$ rent 1000$ for a vacation. so far it is 16600$ for a year and i'm sure there are many more things I didn't think about like transportation , clothes , helping others... it is like 20,000$ a year , isn't it ? It is almost 1,000,000$ for 10 years , how can anyone save so much money ? I am doomed to work for the rest of my life :(

Definitely I'm not, because I'm extravagant. Well it's okay to spend something for ourselves, anyways it's for us, for own good. What is the worth of your money if someone will approach you saying "don't you have any work?". Because, of your looks, I mean your clothes that you're wearing over and over. Go pamper yourself, treat yourself, buy something for you.

Well, you need to remember though Saving $$ for a rainy day is always the Best thing to do. Especially in this economy. Even though you are Single now, who knows when you will meet that significant other and the more you know how to plan and save the better off you will be. It is good to be able to do things you enjoy from time to time but to just always blow everything and then have nothing good to show for it when you really need it you would then be kicking yourself for sure. So in all things it takes discipline and balance.

I think that it is important to save money. I'm not saying that you should spend a little bit of money yourself from time to time, but so long as you keep putting money as side, then spend a little never really hurt.

Occasionally indulge yourself, by buying items that you want, but do not overdo it. You also have to, set aside your money.

We only have the present. The past is already gone and we don´t know how much future we will have. Although I don´t mean by this not to be a little aware that we must save a bit for a rainy day, I do think that we must have some pleasures in our lives. One thing is to go on a shopping spree until your credit card is exhausted and quite another is to buy something nice for yourself once in a while. The same happens with food and with everything. There must be a balance in life, in everything. Have a nice day!

I think as long as you saved up your money for something and you're not going into debt to buy something you want, then you shouldn't feel guilty about buying something.

I always think that saving money is important in my life, at any condition. Because we never know about what happen in the future, we never know if something bad will happen in the future. There's always a possibility that my area being affected by natural disaster. There's always a possibility that me or my family got sick, and we need a lot of money to heal that. There's always a possibility that I will lose my job. And many more.. It doesn't mean I have to be much stingy. I shouldn't save money excessively and spend it wisely. But, in my opinion, it is better to make some precaution and preparation. Because we never know what future hold for us..

If i were you, i would live my life to the fullest but still save some money incase of emergencies, we don't really know what will happen tomorrow so better be prepared. People's wants are unlimited but we only have a limited resources or money. We must plan how much we will save and how much we will use to buy our own luxury.

if i had lots of money saved, i'd be very happy. then i could afford college haha though someday, i do sure hope i'll have some extra money to go buy something ridiculously expensive. there's got to be some sort of accomplished feeling associated with that, right?

We are being very careful without money too, because we are saving up for a house. At the same time, we still have occasional treats. I don't see why you shouldn't have some fun.

Once I was a miser and saved every cents I earned. I deprived myself of a quality life as I fear that my bank account will turn red if I go on spending spree. Something suddenly struck my mind when I see people dying young who might not have seen much of the outside world let alone enjoy their earthly existence. I slowly let go of being a miser and try to make full use of what I got to entertain myself by travelling and dining in fine restaurants. My bank balances might not be too healthy but I am happy to journey this life fulfilled. We passed this world but once so why not enjoy our life while we still can.

I wouldnt dip into your savings keep that for when you need something. But if you have a lot saved up then what you make from now on you could splurge on and enjoy it. I'm glad that you have enough saved up that can afford to do that. It took me so many months to save up enough money to get myself a used vehicle. I found one really cheap and am going to keep saving up so that way when I need another one a year or so down the road I will be able to afford to get a little bit nicer one.

You are absolutely right.. if you make more money there is no use to it..we need to enjoy it and spend the money that we earned..

I also experience this one. However, I end up nothing sometimes. Great that I am still depending on my mom with my expenses. I can still run to her and ask. But I think I should not depend that much, right. I must be responsible enough in dealing with money. So that I would be able to practice this kind of habit. That is why, I don't agree with your statement. Maybe it's applicable to you since you have saved enough. right?

Hi Katrina :) I think that is a good idea . After saving your money for a long time, you have to have time for yourself. Time to buy the things you wanted. I do that sometimes. After saving for a couple of months, I will set a month wherein that whole salary is only for me. Because if I don't do that, I will be tired of working. It feels like I work but I don't feel my accomplishments. So once in a while is okay.