On the path to financial freedom, it’s easy to get bored and unmotivated. The thing about goals like an early retirement is that they can feel just too distant. I mean, there are always those articles about how you can still retire even though you’re 50 and broke, right? Why worry now?
When I get that way, I actually try to channel my inner greed. Let’s take a new cell phone that costs $100. In order to justify buying it, I’ll need to somehow generate at least $200 of “new” money – either by making more of it or saving more than last month. That way, I’ll still have $100 to put towards my net worth, but I use my toy fixation to drive me.
My only problem? Recently, I can’t find anything I want that badly. Computer? Nah. Digital Camera? Cell Phone? Clothes? DVDs? Video Games? Nope. What’s wrong with me?
By Jonathan Ping | Frugal Living | 9/11/06, 1:40am