Curious way to look at it! Do you find it helps you in preventing spending?
For me a big mental change was switching to pre-paid goal/checking-accounts for everything I need, and having big long term, aggressive goals. I do this with Simple "bank" (though I hope to find a more feature rich app to do it in the future). This helps me consistently feel "broke as hell", which has proved to be quite effective to saving. Furthermore, I plan all purchases weeks in advance and budget for everything, food, luxury, bills, etc.
I must admit that I have never applied such an approach to saving my money but it's something that I would definitely try. Thank you for sharing.
I haven't used this extension for a prolonged time yet so I cannot really say if it would prevent spending.
I have made, however, the following observations:
- For me, being a professional, most learning materials (books, courses, etc.) cost minutes of my life but I get infinite(?) value. I am happy to buy these things without a second thought now (before, I would enter analysis/paralysis mode deciding whether I need it and wasting more time on indecision)
- My dream car is approximately 10 years away of hard work (suddenly it seems to be more achievable)
- If I was a low wage worker (or student/apprentice), even the cheapest items would steal a lot of time from my life
Comments
Curious way to look at it! Do you find it helps you in preventing spending?
For me a big mental change was switching to pre-paid goal/checking-accounts for everything I need, and having big long term, aggressive goals. I do this with Simple "bank" (though I hope to find a more feature rich app to do it in the future). This helps me consistently feel "broke as hell", which has proved to be quite effective to saving. Furthermore, I plan all purchases weeks in advance and budget for everything, food, luxury, bills, etc.
I must admit that I have never applied such an approach to saving my money but it's something that I would definitely try. Thank you for sharing.
I haven't used this extension for a prolonged time yet so I cannot really say if it would prevent spending.
I have made, however, the following observations: - For me, being a professional, most learning materials (books, courses, etc.) cost minutes of my life but I get infinite(?) value. I am happy to buy these things without a second thought now (before, I would enter analysis/paralysis mode deciding whether I need it and wasting more time on indecision) - My dream car is approximately 10 years away of hard work (suddenly it seems to be more achievable) - If I was a low wage worker (or student/apprentice), even the cheapest items would steal a lot of time from my life