When gen Z asks me…
Why should I save & Invest when I can enjoy today?
My response – Yes, you don’t need to but under 2 conditions
- You exactly know on what’s going to happen in your future life, every second of it
- And when situations arise, you just open a tap & money flows as much as you need
If you can satisfy both the above conditions, pls don’t save or invest 😌….Spend all your money
Now, retirees ask me…
Why should not I give away my wealth (most of it) to kids now only?
or make a statement like….
I know when I’ll die 😳, I don’t think I’ll need money for so many years (of planning)
It’s exactly similar to gen Z…..
If you know every second of your future life? and
If you have a tap to open (ideally you should by this time) and money flows
Pls give away every penny of what you own
Pls spend away whatever you have 🙏🏻
Else…pls understand
You’re planning for UNCERTAINTY in life
If we know the certainty, we anyhow plan for it 😀
Exceptions aside of people who are certain but still don’t plan