How do you know if you’re spending too much? Today, Carl explores the tricky question of defining what is sufficient for our needs, noting that the answer is deeply personal and varies from one person to the next. He points out that outward measures, like spending less than you make, can be helpful, but ultimately, it's an internal calibration that matters most. Have you ever caught yourself judging someone else’s financial decisions only to realize you don’t really know what’s going on in their life? Carl shares examples of spending that may seem illogical but are essential for someone’s well-being or relationships. The key takeaway: We’re always recalibrating our needs, and there’s no simple checklist for what’s “enough.”

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