Leveling Up: Times When You Shouldn’t Be Saving Modest MoneyLeave a comment

Saving is a concept that’s on the lips of just about every financial advisor alive, from bloggers to the CPA sitting across a real desk from you. I’m all for saving, and it’s something I practice in my own life religiously. But saving should never become something that is pure habit. After all, we are all saving for something, right? I regularly advocate for emergency funds to be cultivated, and investments to be made in addition. But there are several situations in life where I think it is appropriate to throw these habits out the window, at least for a time, in order to pursue a greater financial good.

Anyone who has played video games understands the concept of Leveling Up. Leveling Up is all about taking your standard of living and improving upon it. This is usually a personal victory of some sort, some fear or bad habit that you’ve conquered. Maybe you’ve gotten in shape for the first time in your life. Maybe you finally got rid of your car and are getting around on a bicycle. From a purely financial perspective, Leveling Up is about moving from relative poverty to relative wealth. As with the physical fitness…

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By : Adam | 29 Jun 2015
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By : Adam | 23 Jun 2015

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By : Adam | 22 Jun 2015

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