“Is the oil spilled? Is a little wine stolen? Say on the occasion, at such price is sold freedom from perturbation; at such price is sold tranquility…” –Epictetus
Money is a stepping stone to more important things. If you’re on track to your financial goals, you may not need to manage your wealth so tightly. But you don’t hear that message from mainstream financial advisors or media. They parade endless schemes, products, and services intended to save you money, make you money, grow your money. Lost in the shuffle is the simple truth that everything has a price. Optimizing your money is a double-edge sword: often, the price is your time, and peace of mind.
Money is just one of the variables when making personal finance decisions. Another dimension is time. Specifically, your lifetime. There are multimillionaires who worry about saving a few hundred dollars in taxes. Maybe they truly enjoy grabbing every last dollar on the table. But is it a good use of their vanishing days?