If I had to choose between between lifestyle or being fiscally responsible, I would choose being fiscally responsible. I don’t want to have to go through life struggling from paycheck to paycheck. I’d rather sacrifice a few things that I would like to have so I can have some extra money, than to get those things I’d like and struggle.
Some pros of being fiscally responsible are you don’t have to worry about your money as much, you are self disciplined, and you know you have a backup plan if something goes wrong. I would think that you would stress a lot less if you know what you’re doing with your money.
Some cons of being fiscally responsible are you have to plan, you have to make smart decisions and you have to give up some things in order to meet your goal. You have to sit down and manage your budget so you don’t have to worry about it later.
Some pros of having the lifestyle I would like to have are not worrying about not having the things I want. Things like a new phone, new clothes, and other accessories.
But some cons of having the lifestyle I want are I would be in debt and be worrying about money all the time. I would stress myself out to the max worrying. At first, it wouldn’t be a big deal, but soon I would realize that I messed up and should’ve been responsible.
In conclusion, I would rather be fiscally responsible than have the lifestyle I want to have but worry about money. I want to not worry from paycheck to paycheck.I want to be happy more than I am stressing.