So I want to put this out there, though I know this is quite a rare situation to be in, because it's something that caused me quite a bit of unnecessary suffering. I don't know if this is the right place, but I think this post needs to exist. Summary at the bottom.
I'm recovering from about a 2 year depression. Story is, I interned at a wonderful company summer of 2016, started making good income, and decided that I would try to save as much of it as possible. So I lived at home with my parents, didn't eat out much, cut a lot of other costs, and I was saving almost all of my income.
This was not a good idea. I fell into a pretty good depression. Living with my parents was not good for me. It took me until the beginning of 2018 to realize that what I was doing wasn't healthy. I ended up moving to a mountain town where I wanted to be outdoors and be active, among other things.
Sure I increased spending a lot, but I only decreased saving by a little bit. If you're saving a lot, you can vastly increase the amount you spend while only marginally decreasing the amount you save. Another thing is that quality of life is not linearly correlated to spending. If you go from a medium to a lot of spending, your return is less than linear, but this works both ways. If you go from a little to a medium amount of spending, your return is more than linear.
Moral of the story is don't forsake your well being for the purposes of your financial future. You need your health now. I understand that the tendency is to splurge, but I think, especially here in this subreddit, there's a lot of people who earn a good living with a tendency to spend none of it. Money never spent/donated is worthless.
Edit: Removed personal information, more to the point. Also I kind of thought this would get downvoted. I can share numbers if that would help, but I didn't want to distract from the advice.
Submitted October 11, 2018 at 07:03AM by AxisAngle https://ift.tt/2A46QxE
