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Considering how much buying a house cost nowadays in most major cities
Philosophically, how important is it to you to save up a large chunk of funds to purchase that piece of real estate. I bring up real estate because that is the largest chunk of most people's asset worth.
I see people in their 20s, go travel for half a year or a full year. I'm sure they can afford to do that in the moment.
However, are these people thinking about their future or just living in the "now". The choice of spending "now" instant gratification versus filling up the piggy bank for something you may or may not see for years down the road.
Philosophically, how important is it to you to save up a large chunk of funds to purchase that piece of real estate. I bring up real estate because that is the largest chunk of most people's asset worth.
I see people in their 20s, go travel for half a year or a full year. I'm sure they can afford to do that in the moment.
However, are these people thinking about their future or just living in the "now". The choice of spending "now" instant gratification versus filling up the piggy bank for something you may or may not see for years down the road.