Please excuse the ramblings of this post. It reflects the state of my thinking right now.
I've got two friends on the opposite spectrum of financial responsibility. One friend is a hot mess. Disorganized, piles of debt. However, she has just received an incredible honor. She has been selected to compete a prestigious event on the other side of the country (will keep the nature of the event private on the very off chance she is on this forum too).
My other friend is uber-frugal. She wants to take a trip to Asia but has put it on hold due to some repair bills and the volatility of the stock market.
My first friend cannot afford her trip but she is going. My second friend CAN afford her trip, but is not.
Right now I am envying my first friend. I had the same opportunity she did several years ago, but declined due to being over practical. I'm in my 60's now, with more years behind me than ahead of me. I will regret my decision for the rest of my life. There is a good chance it may never come again.
So I started to wonder, is it better, at this stage in life, to grab opportunities when they appear, rather than hold onto your money so you can end your days in a nice nursing home?
Someone once said that you often regret more, the things you did not do than the things you did do.
I just got back from a very un-frugal vacation in which I was able to cross about 10 things off my bucket list.
But I found for every item I crossed off, I discovered two more things to add on!
Anyway, I'm finding I'm on the side of the friend who has decided to go for it.
Thoughts?