Business
31: It's extremely simple in theory — but could require a lifetime of experience to answer: What is enough? The biggest challenge in financial planning lies in striking a balance between living well today (and using your money to accomplish that aim) and planning responsibly for tomorrow (which means saving your money to ensure future financial security). If you know what “enough” is, then you know how to balance your need to save and invest for your future with the reality that you live your life day by day. Your money is a tool that can be used to achieve BOTH purposes. We explain more in this episode, and also discuss: Why frugality isn't an effective operating system forever How your mindset impacts your ability to financially plan for success The importance of actually testing ideas, goals, and dreams out and experiencing as much as possible to better understand what you actually want in the future And more. Jump into the episode to join the conversation and learn how to establish what "enough" is for you.