Massages and other luxuries
There’s nothing wrong with allowing yourself a day of pampering every once in a while but spending your hard-earned money on luxuries constantly will not bode well for your finances in retirement.
According to Delano Saporu, founder and financial advisor at New Street Advisors Group, there are people who go to massages and spas every week. They might afford it now, since they are in a good place, financially speaking, but if you want to build wealth and live a comfortable and healthy retirement, “letting go of some higher-priced luxuries and supplementing with other items like a low-cost gym membership that has a spa might be a better answer.”