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Why You Should Balance the Present and the Future


"We only get to play this game one time. We have one life."

-Gary Vaynerchuk


I'm mindlessly scrolling through social media, a habit I have been trying to kick, when I see a meme about money. I'm generally curious every time I see finance-related memes. This particular meme said, “I'm stuck between saving money and YOLO."

I quietly laugh to myself because I recognize this for what it is, a false dichotomy for humor's sake. However, it didn't take long for me to realize that the popularity of this kind of meme is dangerous. Whereas I can recognize this as a false dichotomy, many people don't. Many will see these as our only two options and suffer from the tough choice they imagine having to make.

On the surface, this sounds like a true dilemma. Should I enjoy life? Or should I save my money for some future that may never come?

Once you dig a little bit deeper, however, you realize that these are the two extremes. We should not spend all of our money in the present nor save all of our money for the future.

We have to strike a balance.

balance present you and future you to alleviate yolo vs. paying bills

You Only Live Once (YOLO)