Five Times It’s OK to Let Money Control Your Life

Part of being adult is making mature choices. You’re abandoning a lifestyle driven by fun for one based on your responsibilities and obligations. This means money becomes central to the decision-making process and sometimes this limits your ability to do everything you’d like to do.

People like to fantasize about a world where money isn’t an issue. However, this world doesn’t really exist. Most people will factor money (or the lack thereof) into the equation when making choices. When money is a concern, you may need to make some suboptimal decisions. At the very least, the concern can detract from experiences.

In the moment, making money-motivated choices might seem boring. In the long run, there’s nothing wrong with skipping out on some opportunities to focus on other obligations. These decisions can be tough, but you should never be ashamed to make them. It’s a sign of growth that will likely have longterm benefits in the future.

Skipping the Holidays

In 2020, the average American expected to spend almost $1,000 on holiday gifts and decorations. When you’re trying to repay debt or save for a big purchase, this can be a huge burden. Spending time with family and friends can be great, but it’s hard to part with your money when gifts aren’t a high priority. Plus…