Spend Your Money When You Are Young

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Deepak Shenoy’s views on why you should not focus on savings when you are young

#investing #financialfreedom #savings

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23 COMMENTS

  1. What stupid logic.
    If the cost of basic services are going to be less in your youth, then so will be your salary and your ability to afford a lifestyle that fulfills this idea of " having fun". One should rather spend his/her youth grinding chasing excellence and success and doing stable investments that give returns so good by your adulthood where even 30k or 50k for a hotel seems like a piece of cake!

  2. i get the idea of enjoying your money while you’re young, but i’ve found using budgetgpt helps me balance fun now without feeling guilty later. it’s like i can spend a little freely and still know my savings are on track

  3. Now a days Jobs r eaten by AI GI BI whatnot..so start saving & investing as early/ as maximum as possible ..u never know when u get lost with ur earnings..Try to find middle way if possible

  4. This is stupid advice in my opinion. Being able to save makes me so happy and seeing my net worth go up. Yes I have my guilt free spending which is usually just date nights with my girl but knowing that I’m saving so I can travel the world with my future wife makes me feel way happier and not regretful that I’m saving so much now

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