Some people argue that as we live only once we need not save our income instead spend it now and enjoy the moment. Where on the other hand, some argue that saving money for the future is very important because life is very unpredictable and as a result, there is a chance we may use that money. Apart from this early retirement is only possible with the right financial planning. Hence, I completely agree with that we should stop spending unnecessarily too much and start saving some part of our salary.