Balance investing while also enjoying the present. Most people think it is invest OR enjoy life. Maybe not…

3 minute read

When I talk to people, I find there is a common theme with investing as it relates to life. Most people think that if you decide to build wealth, you can’t also enjoy life. Or the inverse of that. People think they have to just go enjoy life & can’t invest. In my opinion it is not like that.

The good news: You can do both.

I have always tried to share with people that while I love to build wealth & buy assets, I also find time to enjoy the journey.

For example, I have traveled to 41 countries while saving and investing. Because I did it through working and traveling. Now you don’t need to do it, however if you want to reach your goals while investing then you can. There are many ways.

Some people do it with credit cards and build up points. This way they get free hotel or discount travel points.

The point is to have the goals, as the goals will make you think about ideas to do it without spending a lot of money (because you need to invest the money 😉 )

But here is the lesson:

You can do both. You can build wealth while simultaneously enjoying the present. Problem is, people will assume it is one OR the other. I am here to tell you that is simply just not true.

Here is how I find balance in my investing journey:

1. Buy assets first

2. Once I reach a milestone, I purchase something I want

3. Once that item is purchased, I go back to buying assets until I reach my next milestone

Of course the things don’t have to be a travel or watches. That is just what I value & enjoy. It could be a trip for a weekend, it could be a necklace, whatever you value. The “enjoying life” aspect doesn’t have to be anything expensive at all.

The point is that you can do both. Just make sure the assets come first.

Why do I live by this rule?

I have read too many stories where people will be far on the investing spectrum. They had the asset buying down, but didn’t enjoy the journey.

The other side of the spectrum is not investing at all, well of course a lot of people do that & that also is not a great recipe either.

So I found the happy medium. Work hard to save & invest my money.

Assets first, then once I hit a milestone I can reward myself. It keeps me motivated to stay on the journey while also enjoying life as I go.

Thank you so much for reading & I will see you next week! Until then, keep buying assets.🙂 

Stefan