I'm sorry, I'm new to financial literacy and still trying to understand and wrap my head around everything.
I get saving money, and spending smartly. But what I dont understand is, why be so frugal to not even get a new car or a car you like/are comfortable in. Or give up other such comforts to save up money?
I feel like my best years to travel would be before 35, traveling as we know costs a lot. Plus I would like to be able to drive at the minimum a new car or a car I've owned from the start (not a beater or used), just for the comfort. What would be the point of me being frugal in these things and saving during these times? What am I exactly saving for?
Sorry for the stupid question, i want to learn financial literacy, but reading all these posts just make me think that the only time I'll be able ro spend money a little freely is maybe in retirement, even then probably not, otherwise, no matter how much i earn, its only saving, saving and saving.
Edit : An example. Currently, I'm in the process of looking for a car for residency. I can either lease a new car (what im leaning towards), finance a new car, or finance a used car. (As I have 0 money for down payment at the moment, only some emergency savings not willing to use on down payment). I'm leaning towards the lease, just because I want to keep my monthly payments less than 15% of my monthly take home, while not having to sacrifice comfort of a new car. But I know financially sensible would be a used car. But then, im getting a 2010 Toyota RAV4 for 10kUSD, which wont be much lower payments per month, but I will end up with an asset towards the end, but is the asset worth sacrificing comfort? (financing new is totally out of the question as I am not able to find anything within my range)