Travel or Retirement Savings?

This post is a little bit different. I want to talk about saving money. Yes, the taboo topic of money. Recently I have been seeing many posts on social media about financial stability vs. traveling. I believe i have been transparent about the realities of traveling. So, I think we should discuss talking about if financial stability is possible along with traveling. My answer is yes because I am currently doing it. Now full disclaimer I know that my situation is a lot different than many, so what I do may not work for others. Currently, I have a full-time job and I have made it a priority to try to save for the things that are important to me at this stage in my life. Currently, I save for travel, emergencies, retirement and living expenses. I pay my bills and try to do low cost activities around the city I’m in. Retirement for me although is technically years away, however I have been told by many adults that I should invest in a 401K or other retirement options in my younger years, so it has time to gain compound interest. Even though, I honestly would like to spend the money, I honestly don’t want to look back at my early twenties and wish I had put more money. However, just because I am aiming for financial stability and saving for retirement, that will not stop me from living in the now. Every day we run the risk of it being our last days. So still make a financial plan for your future, however don’t forget to live your life to the fullest.

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Tip for the week: Try to save anything for retirement, savings and travel the little bits add up.

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