I know most of us here have at least a portion of their income allocated for investments. May it be in crypto, real estate, or any other form of investments and of course savings. But, have any of you considered going full FIRE (Financial Independence, Retire Early)? I mean in the expense of sacrificing your immediate pleasures? Like vices, hobbies, travels, and any other related expenses? I won't say these expenditures are unnecessary. Most of us are working tirelessly from our 9-5 job, gigs, businesses, and other activities to generate money and these immediate pleasures I mentioned above can somehow help us recover both mentally from the stress of the workloads we've been carrying on our shoulders from our job. You know, being in sane mind is very very important.
You could have that in consideration and then be very unlucky to have a partner that does not see things the same way as you do, the plan then will find it difficult to work because the partner will never understand why you've chosen frugality and sacrificed some of the pleasures that you both are normally used to. Having a partner with a good understanding of the need for investment will help any plan of delaying family gratifications work better. It is important to note however that there are some experiences that you need to actually not delay because you and your family may never be in a position for them again, being able to recognize those activities and experiences can help maintain a balance and avoid regrets later.