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Sep 11, 2023

Just because you spend on any (or all) of these categories doesn't mean you're overspending on them. It boils down to what do you value highly enough to prioritize, and so you leave enough to save and invest enough for the future.

If you're investing 20-30% of your income and saving another 5-10% for nonrecurring near-term items and/or emergency fund, you can and should spend the rest on things that bring you joy and/or make your life convenient and fun.

Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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