What’s the point of only chasing money when life is so uncertain?
Salaries have gone up in recent years, but so has inflation. Everywhere I look, fin-fluencers on Insta and YouTube are preaching about hitting some giant corpus number. Sure, financial security matters, but honestly… I’ve seen so many events lately that remind me how unpredictable life is.
Sometimes it feels like people are compromising their present just to chase an uncertain future. Anyone else feel this way, or is it just me?
My brother didn't even get to see 27. You are right, after a certain saving (emergency fund, insurance, decent portfolio) there's no point to continuously do SIP and run after money. I stopped my SIP and try to spend and enjoy life now. Whatever is left at the end of the month can be invested.
But to do this needs a certain type of personality. Few people spend all of it, and then spend other people's money as well. For them the chasing money part is helpful as they can't save anything.
Beautifully written.. used any tool/AI assistance or it's just that clarity of thought?
Make a data model of probabilistic future outcomes on age till you will survive, The confidence level of you living till 70+ will be more than 90%.
Of course people can die but sadly 99% wont so better to secure future
I feel we're all in a dilemma while taking decisions. It's either save money or YOLO (You only live once)
Definitely @Viper123 is correct.
To not miss out on things and life, do little of everything.
Eat a little, workout a little, talk a little, drink a little, pray a little, love a little, spend a little, save a little.
I feel doing a little of everything will make us a little happier and content.
Let's not stress out and enjoy life as it comes.
I know, the word little has been used a lot in this comment but who cares I sometimes, type a little. 😅 😛
this one is good, might be an eye opener to some people to some extent.
Balance is the key 🗝️
( EE - Earn well as well as enjoy well !)
Yes - Definitely but people forget that and just running behind securing future.
Bcz everyone tells think positive that you will be alive so to lead life till then you need money. Everyone are running behind to get some income so that they will not suffer in old age
Balance is the key, being extreme at either end will only give you unwanted surprise. Save 20% spend rest and enjoy life. More often than not most of the happiness comes with little or no money. Spend time with family, sit and talk to your parents, go for an evening walk with your better half/gf, plan weekend getaway(doesn't cost much money if planned well), stop thinking too much and just live :)
A tech lead from Microsoft telling this is akin to Angelina Jolie telling "looks don't matter".
Let people decide what they want. If future is uncertain, then that's the sole reason why someone would be chasing money at this moment. It is their way of coping with things which would give them relief that they're securing their or their families' future. I've never heard a 4 LPA earning engineer tell us money doesn't matter. Because they would be fooling themselves if they believed in such BS.
Nothing against you mate, but if finfluencers are wrong in preaching numbers, then posts like these on why you shouldn't be chasing money too is wrong (especially when you're already making good money). Let people choose what makes them happy. Many get stressed trying to make money, but they chose that path. They may have responsibilities. A family running in debt, a sibling's wedding, never owned a house, it could be anything. All these require someone to step up and compromise their present. And between all these inflation is probably the last thing that would come to their mind. Life is different for everyone out there. And I wish everyone come out successful whether it has to do with money or not. ✌🏻
I agree, people who are getting good pay can say money doesn't matter but deep inside they are also running behind the money
Not to mention half of it goes in direct and indirect taxes. How much is even left to spend after sips or a house emi. My husband pays so much extra tax at the time of tax filing that it has taken away our holiday budget and for what? Zero benefits. Not even basic infrastructure the tax payers get. Also money in your bank account is not safe either, so just spend it on yourself and be happy or someone else will take it for free.
What's the alternative? Keep on spending like it's your last day? That's not practical at all. You need to have savings assuming you're atleast going to live till 70-80.
Agreed- It’s a wake up call for everyone to think through and enjoy as well. Shouldn’t just be influenced by social media.
Once a professor told me very nice lines. The amount of bank balance you've at your death bed is the excess money you've earned which will go waste, obviously there are exceptions here like if you've nominee the money will go to them etc etc but you've not enjoyed that money will remain harsh truth. And there's no way to determine how much money is enough.
