Although this might be an issue that people in their 50s are less likely to struggle with, as the need for external validation lessens, this quote is still a necessary reminder that seeking approval through possessions is an empty pursuit. This is a valuable opportunity for people in their 50s to reflect on how their past spending has impacted their current financial situation. Going forward, purchases should be scrutinized based on needs versus wants and to also determine how current spending habits are im ...