Money Helps You Enjoy All Stages of Life
Ben Edwards aims to help people have a better life through the money tips he offers on his blog Money Smart Life. He has learned that the amount of happiness money can offer varies throughout life.
“For example, right now we’re raising our three kids,” Edwards said. “It makes us happy to be able to afford to pay for the extracurricular things that help them develop and learn.”
Because he doesn’t know what will make him happy in the next phase of life, he said it’s important to save to have the money to pay for what will bring him joy then. For example, you might want to travel in retirement or pursue a hobby you didn’t have time for while working full time. Along with contributing to a 401k, you can safeguard your future happiness by investing in a Roth IRA.
