I have a confession to make to my readers:
I have horrible eating habits, don’t exercise nearly enough, and do a poor job managing stress.
The result is that right now I’m 20 pounds overweight, lack the energy I had a decade ago, and am likely headed towards significant health problems in the coming years if I don’t do a better job taking care of myself.
People on the path to financial independence and early retirement generally do a good job prioritizing future needs over present wants. Without a lot of planning and discipline around one’s finances, it’s hard to successfully make the journey to financial independence.
But this almost blind focus on the future – I just need to put my head down for the next five years, work hard, spend prudently, and invest well, and then life will be perfect! – can have a detrimental impact on the present.
It certainly has happened to me.