Last week we talked about how to save for different goals. This week I thought we would cover something that most of us never actually consider, am I saving too much? We have been told all our lives to save money, and we should. We also know that frivolous spending is bad. But clearly all spending is not bad. The key is to spend on the right things. In general, I like to buy things that go up in value and rent things that go down in value. It is important to ask if you are saving too much and not spending enough. Spending money after all can potentially make your life richer.
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