Passion and PittancePosted: July 6, 2010
Let me ask you one question…
Why are you penny pinching?
What are you doing this for?
Do you have a goal? A plan? A vision? A purpose?A reason?
Or are you just doing this because you think you don’t have a choice?
Because if you’re not passionate about being thrifty, you won’t stick with it! If you don’t have a point, you won’t last two months. It’ll just feel like deprivation, and anytime you feel deprived, you rebel by overdoing.
So…what are you passionate about? What can’t you live without? What makes you leap out of bed in the morning? If you had a choice of any occupation in the world, what would it be? What kind of retirement do you want to have? What kind of education do you want for you children?Are you trying to get out of debt?
The point is to fund your passion, and mercilessly slash the cost for everything else! Make your passion your priority. Everything else comes 2nd, 3rd, 4th, etc.
Love traveling more than designer lattes? Make coffee at home and put the savings in a travel savings account.
Love eating good food? Save your money for more chances to indulge instead of buying new $400 designer boots that won’t be all that hot after next season.
Have a goal to get out of debt in a year? The money you saved from eating at home, picking up a second job, and skipping new clothing purchases goes to making that hole smaller and smaller.
It doesn’t matter the reason. Just have one. Everything else falls into place.