Outlook Money
Holding back your spending decision can cause a deterioration in your lifestyle quality after retirement.
After retirement, the quality of your social life becomes even more important. If you avoid socials to save money, you may lose your close contacts and friends.
If you don’t spend your money on things you dreamed for, you may not get another chance.
It’s important to avoid worries when you have to spend money, else you may not live a happy life despite having adequate corpus in your hand.
To avoid overspending, you should make a short and long-term budget. Spend money according to your budget. If you can spend money within your budget, you don’t have to worry.
You may prioritize your spending list and try to spend money on things which are there on the top of your priority list.