7. “You should save every extra dollar and sacrifice everything now.”
This is a classic “hustle culture” piece of advice — but taken to extremes.
Saving is important, but extreme frugality can lead to burnout, resentment, and poor quality of life.
In 2025, many financial experts highlight that mental health, balance, and sustainability matter more than ever.
You don’t need to deprive yourself of every small joy to be financially responsible.
Better advice:
Save consistently while still living your life.
Your budget should support your goals — not punish you.
