“You can’t take it with you.” It’s a phrase that I’ve heard plenty of times throughout my life, usually when someone spends their money on something stupid. “You can’t take it with you” is sometimes used as a means of justification to spend recklessly. Alternatively, it’s sometimes used as a means to justify giving to others, which could ironically be dangerous to your own financial situation. Some people are so reckless with their spending that they can let this mindset ruin their financial lives. On the other hand, some people are so altruistic that they forget to think about their own future and how giving away large portions of their wealth or income can affect it.
