We were sitting in the evening with a group of friends when one of my friends said, not wanting to buy an apartment, even though it understood that it would be an economically sensible solution. He added that investing is not exciting either, although family and friends encourage it.
My friend explained that he enjoys his freedom at this moment, and thinking for several decades is not inspiring. After all, life can end tomorrow, next month, or a year from now. Does it make sense to roast the pictures of the euro in your eyes and the mortgage on your neck if you can never enjoy the job that has been done?
“A friend painted in my mind a picture of a world where red-whipped and cheapest minced meat and pasta are always eaten”
My friend painted in my mind a picture of a world where you always eat red-chopped and cheapest minced meat and pasta, count cents on a shampoo shelf, and refuse an extempore trip to Hanko on the most beautiful day of summer because you have to save as much as possible. So still, even if there are financial opportunities.
Buying expensive specialty coffee, investing in a restaurant dinner, and living in an instant feels like a much more comfortable idea. At least that’s how you know you can enjoy the income you earn from work. A stock market crash does not eat up money, and chance does not hit the road with, for example, premature death.
The conversation made me think about what makes me invest and save from month to month. What motivates me? I understand my friend quite well and recognize the flow of thought that thinking about retirement days is not interesting. Nor do I dream of financial independence or the wealth of millions.
“Just like my friend, I want to live a full life now”
After all, I want a pretty ordinary, good life. I don’t want to torture or just eat pasta if I don’t have to. Just like my friend, I want to live a full life now, and not until sometime in some uncertain future that may not even come.
I don’t want to encourage anyone to invest or save with the idea that now live extremely sparingly and frugally so you can one day live in the Caribbean and wear gold. I want to emphasize that life is now, and sometimes investing in a restaurant dinner is an investment in the quality of life. You don’t have to or should think about everything through the best possible return potential.
“I find the euro put aside affects my life holistically every day, as I tend to feel calm and peaceful”
For me, however, investing and saving is all about safety and peace of mind, not so much the plushest portfolio. When I invest and save even a little, I feel like I’m doing well. I find that the euros put aside affect my life holistically every day, as I tend to feel calm and peaceful. I know that even in a financial emergency, I would get my rent paid and food in my mouth. Through it, investing and saving are of great value even today.
At my point, it is certainly more of a psychological phenomenon, because the sums of money invested and saved as a student are not so massive that I could be financially careless in any way. While I work in addition to studying, I also have tight months when there is no money for extra (the price comparison for shampoo bottles has become familiar, as has the crouching in the lower islands and watery pasta with tuna). In other words, whether I invested or not, I have to look closely at where I spend my money.
While investing and saving doesn’t have to interest everyone, it’s important to understand that it’s not either an issue or a question. It is not either “you save and invest” or “you live and enjoy”. It can be both: investing and saving and at the same time a full life. Investing and saving is not the same as constantly torturing and refusing everything nice, not even for a part-time student like me.