How much did you spend last year?
How much did you spend last month?
How much did you spend yesterday?
Amazing, isn’t it? Spending too much can wreak havoc on our financial goals and life. It keeps you in debt, prevents you from savings as much as you could, and turns your focus to consumption. Too many consumers in the world and not enough creators.
The truth is that with the exception of suits, dresses, mandatory wear or even the snorkelling gear you bought in Hawaii (as I have before) which I have used only once….you and I probably don’t need all those things to begin with. Try adding up all the clothing with tags on it, to everything sitting around your living room and garage….add it all up and it will amount to more than your current credit card debt.
Another way to master the spending game is to live the lifestyle you want yet pay a whole lot less for it.
For instance….Jack Canfield talked about a woman he knows purchases $685 season tickets to the opera for just $123. She sees the same world-class tenors, hears the same thunderous music, and does just about the same thing those other patrons do who pay a heck of a lot more – but she gets her tickets at 82% off.
How could this be?
When the mailing for season ticket subscribers arrive in March, she selects the operas she wants to see, disregards those she doesn’t like, and sends the money in with instructions attached “Design-Your-Own” series. If you send in cash, of course cash will always be accepted.
So start paying with cash for everything! You’ll probably find yourself spending less than you would if you used credit cards.
Here’s more in my podcast – https://www.spreaker.com/episode/9597615