Quote:
Originally Posted by GGG
^^^ I really like the above, We really don't have a saving problem we have a spending problem. I look at how much I spend on coffee and eating out and it really is sickening when you do the 35 year cost of it and certainly not worth it. Over the past year I have cut that amount in half. Still a ways to go.
One experiment I did with myself was to stop consuming. For 1 month we didn't buy anything aside from neccessary groceries. This was also combined with trying to rework diets so we also didn't by anything processed. The first 2 weeks were difficult but in the end we carried on for 2 months before slowly slipping back into a consumption mode.
My latest thought to spending is to always spend with intent. Every dollar spent should be planned and enjoyed. So instead of going out to eat because I don't feel like cooking I go out to eat becasue I have a planned event. I find planning to spend and knowing the cost of that spending makes me consume far less.
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I definitely agree with this sentiment. Just taking the time to consider what you're about to do with your money - or anything in life - will give you a chance to pause and genuinely consider if it's worthwhile and meaningful.