Introduction to the Video
In this engaging conversation, financial planner and author Carl Richards shares insights into achieving financial balance by navigating the delicate trade-off between saving, investing, and spending. Carl emphasises the importance of defining what "enough" means for each individual—a deeply personal decision that no one else can make for you.
Through practical examples and behavioural science-backed advice, Carl discusses how experiences often bring greater happiness than material possessions and cautions against the "hedonic treadmill," where the excitement of new purchases quickly fades. He highlights the power of mindful financial decisions, encouraging viewers to reflect on their priorities and make choices that align with what truly matters to them—both today and in the future.
Whether you're grappling with saving for long-term goals or deciding whether to spend on family experiences, this video offers valuable perspectives to guide your journey.
Disclaimer: This video does not constitute financial advice. We recommend that you speak to a qualified financial planner for advice tailored to your individual circumstances and goals. Financial markets may go up or down, and you are not guaranteed a return on your investment. Past performance is not necessarily a guide to future performance.
