Money that is saved and then invested compounds over time.
It follows then that we must save and invest consistently.
On the flip side, money invested in an experience also has a long-term impact. When you take an unforgettable trip with people you love, the memories from that experience stay with you and get sweeter over time.
So, money well spent gives out memory dividends over time too.
One isn’t necessarily a better choice than the other. But I think it is fair to say that ignoring either isn’t optimal strategy.
Like most things in life, it is on us to find the right balance between both at every stage in our life.
