A Balanced Life? - Tracking Expenses

[Ahmed Aboelela]

G’day

How do you track your expenses and find a balance between being a spendthrift and being too conservative? What does that middle ground look like for you?         

Many Thanks

Ahmed Aboelela

[Nathan Gesner]

Quote from @Ahmed Aboelela:

Practice, practice, practice!

I'm at a point where I can afford almost anything I want, but I still have to consider whether it will really bring me joy or if it's just a temporary impulse for a shot of dopamine. It's a struggle.

In my business, I am inundated with shiny objects that promise to make my business run better, faster, produce more income, etc. I have to slow down and really analyze the cost vs. benefit before jumping in.

My personal life is the same. It would be fun to have a motorcycle again and there's one for sale at a great price! But the truth is, I won't ride it enough to justify the cost, my wife can't/won't ride with me, the maintenance, storage, etc.

I also know that "stuff" brings stress. The more stuff (toys, decor, shoes, software apps, employees, etc), the less joy I experience. I try to minimize what I surround myself with so I can really enjoy my environment.