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Reply to "Things, experiences, or wealth?"
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[quote=Anonymous][quote=Anonymous]My spouse and I were talking about this today and curious the mindset of folks here — Would you rather have things, experiences, or generational wealth? Now most are going to say all three so here’s the followup: what is the balance between the three? Would you rather have a closet full of designer handbags or go on Safari to Africa? Or would you rather just save all of the money for the next generation? For those who are savers, particularly saving above and beyond for retirement, if you were diagnosed as terminal tomorrow, would you regret not spending more on things or experiences? [/quote] I think regret the time I wasted doing dumb things like posting on internet forums/social media. I think experiences are more a mindset than an expense--I don't think safaris and other trips like that truly add that much value to my life. I've had to travel a lot for various reasons and don't really desire it. I will spend on hobbies that provide me value, but what I'm interested in isn't very expensive (hiking, gardening, biking). I don't care much about things though I seem to have too many of them. I do care about my security and well-being so wealth that will last me through an unknown end date through unknown situations is fairly valuable to me. That it may help out future generations/causes I donate to is nice too.[/quote]
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