I am not sure if this is hundred percent true or not. There is friend of mine who is MD Surgeon in orthopaedics. He has done hundreds of major and minor surgeries till now but one thing he never did is, saved. He did not save his money properly, Never thought of investing his money in some sort of investment portfolio. All he do is live an expensive lifestyle, get good cars, enjoy holidays in exotic places. The question is whether he would be fine when it comes to emergencies in the lifetime or maybe things go south in the future or at the age of retirement? He doesn’t care about it even if he is so much educated and talented. Sometimes peeps are not thinking straight. They would just think about the current timeline. However, in today’s world you never know what sort of situation will hit you hard. Better get the lesson from inside out with own sense of managing finances. No one can help oneself with that.
The thing that most often traps people is the comfort zone, right now your friend is in the mindset that there is no tomorrow, he always spends a lot of money in proportion to what he earns, in the long term, of course, his lifestyle is very dangerous, he will definitely borrow money or sell valuables when he is really in trouble for money, financial management education is important and not everyone wants to take the time to learn it, self-reward is important but saving for the future is much more important.
Agreed, the comfort zone is a condition or point where people will feel very comfortable with such conditions, whether it's for those who still don't have a job but are well-off because both parents are rich and also for those who already have a good job but can't manage their finances at all, and instead act as they wish by behaving excessively in allocating money. Well that's a pretty ridiculous assumption and mindset, as if you will be able to earn money to sustain your life tomorrow. I like the statement "better to prevent than to cure" this is very suitable for our discussion this time and can be used as a reference for consideration.
So in conditions like this, for example your finances are good does not mean you have to spend the money for your own satisfaction, but you have to think about "how your life will be the next day", you have to think about it because no one will be able to guarantee that you will continue to live well, the wheels keep turning so therefore you have to think about your future, one of them is by starting to manage money carefully, avoid excessive spending and invest your money from now on. You will not know what will happen later, especially in terms of finance, so you can start this alternative to minimize things that are not wanted in the future.