Am I Addicted To Saving?
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- Опубліковано 8 вер 2024
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Saving is like fitness. It's hard to initiate, but once you start and sees the result, it can be addictive.
kinny78 truer words have never been spoken.
Fantastic analogy.
Pretty much.
kinny78 And now you can't stop cause once you do you're scared of losing all of your progress
after a breakup, I had to start all over financially. Finding Dave's shows again helped so much. It was hard to get started, but now since I have, I live as cheap as possible and know it will pay off in the long run.
When I was working my way through college I would drive myself crazy. I worked for $10.25/hr and every time I wanted to buy something I would do the math to figure out how long I worked for something. I'd be like, "Oh, that's a nice shirt. What??! $80! That's a full shift. I don't think so!"
That's a very good way to think about it
Honey Bee haha I always do the same thing! I make about 30/hr now as an RN and every time I see something like a new pair of Beats 🎧 I go that's nearly 5 or 6 hours for these!! Then it completely deters me
Ohh,,, this will help me next when I want to buy something.
Thank you honey 😊
I do the same thing. I think of how many hours that thing costs. Steak dinner eaten in 30 min, took 3 hours to earn? No thanks. I'll buy one and cook it lol
SAME !!!!
Saving money is kinda fun and addictive after a while. I feel like I want to buy nothing.
No materials really make me that happy. Instead, I want to buy time and trips.
You should take a trip to my house, I'll sell you a watch.
That's how I feel. Being in peace without having to think about debt or anything related to money and only thinking about having fun and spending time with your close ones is the best thing in the world.
@@Spawn223311 it is really wierd when you make the shift in your mindset. now i have a hard time when christmas/my birthday rolls around because I have no idea what to ask for because i usually dont want anything.
@@amazinglats6020 I just ask for money so I can continue to save. 😂
@@amie8179 Same.
Saving money: An addiction that one should never even think of quitting.
Believe it or not, for some of us oversaving really is a problem. We're rare in America, but we're out there.
Jin Saving can be bad. What happens in the case where you save your whole life and then just die losing it all because your DEAD. You should enjoy some of it.
@@deanvere4839 saving can be bad?? LOL that's funny.
@@HB-ey2dk Yes, some people die before they can reap the benefits of their saving. Meaning they wasted potential pleasurable opportunites. Saving is good but not spending any of it can be risky as we don't know when we will die.
@@deanvere4839 and what happens when you don't save and you end up living to 84 under a bridge eating cat food relying on the government to take care of you? Which situation would you rather be in? Also if you have family you can leave it to them so it's not like it just goes down the drain.
I've saved 5,000 in 3 months. I'm 18 about to buy my first car. Thank you Dave👍🏻
Daniel Arias Go you! Lord I wish I came across Dave back when I was 18. Would have saved myself a lot of debt and frustration. Then again maybe I had to learn the hard way first.
You're so lucky to start so young!
Start thinking about throwing a few grand into a roth IRA. I just started mine with 5k and I am 19. Already has almost $800 gain after 4 months!
+Heinocraft Honestly if I could do it all over again, I would get a good entry level job/traineeship with career progression as soon as possible (I went to university instead) and I would save as much as possible, like 90% savings rate, even staying with my parents if they let me. I would put my money into a high growth index fund, and by the time I was 30 I would be setup for life. You'll have so much options when you don't HAVE to work. But it's hard, most people in their twenties just want to party and travel.
Thank you all. Great advise but yes it's true more people my age should learn about Dave.
i got out of poverty a couple years ago. believe it or not it has given me such trauma that i have a fear of one day losing it all again. so i save and save, and i feel for this guy
I grew up in poverty. Been saving my entire adult life and m afraid to spend also. Totally understand.
I really enjoy not being broke.
Amen dude. I was there for many years and no intention of going back.
Lol. Me too.
Exactly 💯. Only broke people spend all their money.
mikeyvester Same. Everyone I know is broke and they call me a loser. No prob. At least I’m not them.
I'm addicted to paying debt, I'm always logging in to my accounts and paying even a little extra money I get, I just find pleasure in seeing those numbers go down.
Same 🤭😬😬😬😬😬 I thought it was just me 😁
I swear everyone that calls in has more money than I do.
LiftOrGTFO buy soooo much. Sometimes I just have to stop listening because it makes me feel a bit envious.
We all start at $0
Null I didn’t start at 0, I inherited 800,000. I am not from a family of losers like you peasants.
if ur white you inherit alot lol
alexguy96 my white inheritance must have been lost in the mail. :'(
Saving is so addictive especially when you start seeing results and the emergency fund get up there to around 3-6 months.
I'm also addicted to saving my money. My broke friends love to ask me can I loan them some money. My answer is always NO.
It’s ok to keep your bright financial situation private from everyone but your self. Don’t talk about it and don’t flaunt it
@@claudiamelisa7 , I don't flaunt it. But they see my lifestyle, my house and always want me to (look out for them). I think I need to be with more friends who have money.
Saving is the BEST addiction ever.
Lol at people that are in debt yet judging this man
When 78 percent of the population is 1 paycheck away from being homeless yeah I’d be addicted to saving as well
Richard Ortwein that was so funny 😂
1 paycheck away from being homeless.
It’s funny cuase is true.
Really? Source?
Though I think If it was the other way round and everyone saved and or invested %40-%70 of there earnings then the stock market and income producing assets would probably all have been a lot more expensive with lower % yields.
i save 65% of my income! Best thing i ever have done
Christopher Banacka How?
that one girl visit Mr. Money Mustache's blog
Same I get sick of the ramen some times. I've actually found that if I stop eating long enough and become hungry enough I'm not sick of the ramen anymore I scarf it down fast
If you can do it while still driving a half decent (not necessarily fancy) car, more power to you!
I save 1/4 of my income lol I thought I was doing good
I saved $30k in one year.
Good for you man! I was able to do about 20k a year on baby step 2 and paid off around $42k in 2.5 years.
That’s my goal - to save 30k a year. I’m in Baby Step 2 until end of the year, then it’s full-throttle saving for emergency fund & down payment.
Whether that is something to celebrate depends on your household income. For example, if 30k is 20-30% of your house hold income that's wonderful! However, if 30k is less than 10% of your income...well, that is really nothing to brag about is it?
How
Joromo84 how
"My friends are upset im doing the financially responsible thing with my money, and are peer pressing me into being broke like them."
Fixed the title for you.
Hè hè hè. so true.
You know you're doing well when Dave Ramsey tells you to spend a little more money! Good for you Brett!
I was REALLY addictive to saving for years and constantly got made fun of for it. Only recently did I start spending like the rest of the world and starting living paycheck to pay check for a couple months. NEVER AGAIN. I was a little too strict but I miss having a savings account
don't fall into the peer pressure. They wish they could be like you so instead convinced you to be like them. go back to being you.
While all my friends were going on awesome vacations, I was building my emergency fund, then started saving for a house. Today I’m debt-free, a homeowner, and have enough in savings to take myself on nice vacations. And all my friends are declaring bankruptcy wondering where they went wrong. 😊. Keep up the good work!
I use a 30-30-30-10 rule. Thirty percent of my income to the house and utilities, thirty percent to personal expenses, thirty percent focused on paying debt and saving and ten percent toward recreation. So if he focused on utilizing 10 percent he could have enough fun with that amount or maybe use less.
J Santiago nice!
Do you utilize a spreadsheet?
I have 41k saved up and I’m 20! Also no college loans. I don’t really listen to everything you say but I certainly follow a lot of principles regarding saving and living within your means/ being minimal, etc.
David Cohen nice,do you invest it ? Because inflation each year is gonna make your money be worth less
How did you do it? Vocational school? Minimum wage job? I.T.?
How did you do that, how much did you make
I really wish I could afford this program. single disabled grandmother raising a 4 year old. I am blessed to own my home. but debt and daily day to day struggles. with no government help for food. life definately keep you on your toes trying to eat and survive. God bless all.
julia loignon Type in Financial Peace University in the UA-cam search box and you will find numerous videos of what Dave teaches. Also, check out some of your local churches to see if any of them are running the FPU courses. It is usually free or at a reduced cost. I believe you can look this up through Dave's website.
Yes I agree. Things are very tight here but I manage without assistance.
julia loignon have you tried requesting government assistance for food?
Try calling the show, he frequently gives the program to people that deserve it
Saving is paying yourself first. It's never a loss. Gotta keep money in storage that is not being touched.
This addiction starts when you save the first 1000, from that point you start looking at what else you can live without little I knew high speed internet is the only thing I can’t live without the rest bye bye, I read way more books than ever before.
This is me. 1000% - I have such a hard time spending money. Its so tough.
Marshall Steeves I feel like an extreme cheapskate!
Angelsweet96 Same. My deal is there’s not a lot of things in this world that’s worth spending money on.
@@josemendoza2489 You said it, brother!
Same here. I know it’s a good problem to have all things considering, but it leads to me denying myself necessities and being super stingy with my family and friends. Being guilty over the smallest purchases. My grandpa was the same way and it caused a lot of strife in the family because he wouldn’t pay for a hospice nurse when my grandma needed it and refused to pay out the inheritance from my mom’s biological dad.
Your life is so hard.
I laughed so hard when Dave said "Dude your outta line!?!" Lol 5 mill and scared to spend 15k.
I feel I’m going down a savings problem path, I’m 17 and got $11,000 saved up, all I wanna do is work and I never will spend money, like I have a hard time spending $1 on a drink or food unless absolutely necessary, and when I do have to spend money it’s all I can think about and I feel like I have to pick up enough shifts to double what I just spent.
Try setting aside a percentage for fun and spend that each month just on something indulgent.
The point is to be able to let go of money in the right circumstances. Setting aside a certain amount to blow each month will help build that muscle.
My middle son was like that. Paid cash for a nice 1/2 ton truck and then bought a house at 21 for $250,000. (We co- signed for him cause he was so young and didn’t have much credit history)
His goal is to have it paid of by the time he is 30 yrs old.
When I was 20 I started my first major "Adult job" I was making about 55k a year "With tons of overtime of course" By the end of my first year of employment I had 12,000 saved without even trying very hard. I grew up in a lower middle class family, my family was the victim of the 02-06 factory to Mexico purge. Where my dad lost a great job and had to work his way back up at a local job where he still didn't make near the money he used to. lived in a modest apartment, didn't really spend money unless I really wanted to "Never did needed that safety net"
I learned more from growing up with that lifestyle than anything, the worst influence is other people. My dad was letting me drive his truck, solid 2000 GMC sierra, well taken care of ran great "Still does". I paid him 2000 dollars cash for it, my insurance was only 185$ every six months on the truck. Fast forward to when me and my co-workers were talking about finances, I work in the trades and now I've learned how bad people in the trades are with money. They were straight up pretty much making fun of me for driving my old truck when I had "All that money in my bank account" Well I broke down from peer pressure they had me worried that my truck was going to break down on a long trip or something of that accord.
I ended up getting a STEAL, the only good part of the bad situation I got in. I bought a 2015 Ram 1500 bighorn in 2016 for 26,000 dollars. Great deal considering the person that bought it in 2015 paid a whopping 34k for it. Sales tax paid "Not added in" I put 3 down on it sold the old truck back to my dad for 2000. My payment was 400 Dollars a month, but the kicker no one talks about if you have a vehicle that's not paid off it ups your insurance by like 50% My insurance went from 185 every six months to 195$ every single month. This also started a cascade effect with my spending. My account dropped as low as 5k before I concluded 'whoa i need to start saving again"
Video's like these have helped me a lot, I only have like one and half years left paying on my truck, so I'll tough it out and drive it until it won't drive anymore. Don't let co-workers peer pressure you into buying things you don't need. These are the same people that "Fall on hard times" and need some money. It's crazy to me, but the average car payment where I work at is around 700$ a month, ridiculous and I always here the same thing Dave Ramsey made fun of once "I work hard I deserve a nice truck" Guys are going to work themselves into a early grave, the kind of work I do isn't meant to be done past your mid 40's I'm planning ways out now through savings and likely property investment.
Wise savers save for the SOLE PURPOSE of INCOME PRODUCING ASSETS. Foolish savers do the opposite.
Your expression reminded me of the people on the show Extreme Cheapskates.
I'm addicted to saving. I'm my own accountant and I walk around with a notebook everywhere I go. I try to count every dollar. Having a notebook has helped me reach my goals. I've been able to calculate my to do list (if I dont get it done one day I always go back and make sure it gets done), time management, money, weight loss, fast food addiction and grocery lists. It pushes me to become better. I still splurge but I do it in moderation. Of course, the first year wasn't easy but now it's just part of life. I'm on one important goal which is fast food addiction and I've been cooking a lot more now and loving it. If you don't prioritize your life who will.
every single friday/saturday i go to my bank (chequing) and take out money for the weekend - groceries, tank up the truck, $12 for a fun supper at a cheap place with good food i like. I walk not a half block down i turn into my credit union (all savings and investments) and have the gleeful pleasure of popping in a $20 bill into an envelope, slipped into the ABM and seeing the balance climb just that little more.
I don't have a million but i have that personal savings account that just. keeps. growing. it's a feeling of succeeding at something worthwhile.
Good for you! That’s the way to do it. Slow and steady wins the race.
Just discovered this channel about half an hour ago and really enjoying it - this video in particular drew my eye because I don't think I've ever seen someone ask this question before of any personal finance expert, which made for a really interesting watch. What I would say is that at various points in my life I've been in debt and at various other points in my life I've had good savings, and I've always found that it's a lot easier to spend money when you're already in some (not excessive) debt, because although rationally you know you should be trying to go in the other direction, psychologically it just feels like adding to a number, whereas when I have good savings I've found it much harder to spend any chunk of them because it translates into feeling like I'm spending months of savings effort as well as the money itself. So it's - weirdly - easier to spend money you don't have, because you never had it in the first place and therefore didn't put the effort in to build it up, than it is to spend savings, which you put a lot of effort in to build up. The fact that both traits can be in one person (and I don't think I'm unique in this) just shows you that not everyone is necessarily one "type" of person or the other i.e. spender or saver. A lot of it is about the circumstances you are in at the time.
Wow, this is a very interesting analysis of the psychology of money habits!
I'm the same way, I save money for something and as soon as I hit the target, I balk at spending the money and dump it into my savings account telling myself that I 'want' it, not 'need' it.
I'm the exact same. I like seeing my money rise, cut back on expenses like holidays, I've refused to buy a new car etc.
But people keep telling me to spend and enjoy it.
See a movie once a week, buy a used book and read it, call it good, if that's your speed! I'd suggest doing something physically-healthy, too: it costs more to try to recover health once you've lost it, so as I see it, you can either spend a little throughout your life to maintain proper fitness and health, or try to save up enough and maybe be able to get the best medicine too late to do any good to enjoy it.
You know he meant to say no when he said "YES" when Dave asked if he was giving. Nah man he's too busy saving he ain't gonna give and I don't blame him
His response was a lie; that’s why he kept talking so fast, to gloss over that topic. Although he is certainly not obligated to give.
I disagree when Dave says you got the money in that Vanguard account to buy the car, he shouldn't cash part of the Vanguard account out to buy a car, he should just start fresh right now saving for a $7000 car. I drive a beat up car myself, and if I was gonna eventually buy a $7000 nice used car I would save my cash from my job to go and get one, I wouldn't cash out part of my investment to do so.
I'm addicted to eating fruits and vegetables and exercising 5 times a week.
dan cussin lol
See people get the idea of addiction wrong, that's not addiction. Addiction is an unhealthy obsession. In your case let's say you needed a medical procedure or surgery and you refused to get it because that would mean you would have to skip going to the gym or exercising while you're in the hospital for a couple of days recovering. That would be an addiction to exercising. Addiction to savings would be similar let's say you have a million dollars and you choose to not pay $200 for a tooth canal because you would rather save the $200 vs fix your health, that would be someone who is addicted to saving.
@@RamaSivamani
Addicted to success
@@RamaSivamani Working out too much can become an addiction.
What Dave did was fail to ask him his age. That speaks volumes about the person's situation. There's a big difference between having $200,000 at 25 and $200,000 at 60. The difference is with one, you can set yourself up to retire easily. While the other, you can't retire without Social Security and heavily lessening your expenses.
GodismyJudge47 the guy said he's in his 20's
I'm kind of like this guy, except I don't have that much in retirement and I don't make quite that much money.
I'm also similar. Don't make as much, but save almost as much. Actually, I this year I am saving less than previous years. Dave is right that you do need to take some time to spend on things you really want to do and this year I'm doing that.
This sounds like my husband.He has lot of money in bank.Still drives 20yr old van !
Perhaps there is a relation between these two facts. Looking at all the horrorstory's about car loans, car debths and repairbills.
This call hurt me. My networth is 320k and we make double what he does and I feel broke.... why?
I'm addicted to investing! It's like saving, but on steroids. Lol
My grandfather was a hoarder in many ways. Especially when it came to money. I remember helping him go through his investments one time (I have a B Com in Accounting so I was in a position to help him to some degree). I discovered that he had put about $100,000 (Canadian) into a government of Canada investment that paid 0.4% interest. Now it was about a secure an investment that you could find but a similar type of government investment would have probably paid at least 1.5%. As he had grown up during the depression he liked essentially hoarding away the money he had saved up over the years even if the investment's he did put the money in were not the most productive uses of that investment capital. When he passed away in 2013 I was thankful that he did at least make sure that his family knew where he had invested all of his money and that his estate wasn't going to have to take potentially years to try and track down where he had hidden away his savings.
Saving too much is absolutely a thing. I am big worrier when it comes to finances and I am very good at talking myself out of spending. At a certain point it takes all the joy out of life. What I'm learning is that if you are content and have more money than you need, then give more and don't feel guilty when you want to buy yourself something nice every now and then.
I can hear this guy’s tension over the whole thing.
He sounds like he’s sweating.
But I have to give it to him; he’s done well.
I am the same way. I am often told I’m super tight with my money, my family tells me that I am cheap, and I have a huge fear that I am not going to hit that million-dollar mark. I can so relate lol.
He wants to save till he has $1M but then what? And that'll probably take him decades of saving. He needs to invest in something that generates money.
I was thinking this too. No way he would spend anything that breaks the 1million mark
+Benny what are you selling, out of curiosity?
*****
what are you selling?
Watch. He finally saves 1 million at age 85. What's the point?
rdurelle you don't need a million dollars to keep your kids out of poverty. also he probably will not have any kids anyway
Money has no owners, only spenders.
As of next year, I’m able to save 100% of my income and own 4 properties.
I love my addiction
You don't eat?
The Cat Next Door beg your pardon,
My salary packet doesn’t get touched.
One of my properties covers my personal mortgage. The other three cover my needs but most of that goes away in savings other than for a few domestic bills/petrol/food etc.
That's how I am, I save like crazy, keep my expense to a minimum and yes, I sing karaoke as well!
Thank you so much for the advice Dave Ramsey! I have recently purchased both "The Total Money Makeover" and the "The Complete Guide to Money". Can't wait to read these, I've only ever just watched your show. But, haven't learned a plethora of great personal finance information and the like. I'm only 25 but have a mindset of a 40-50 year old because of you!
Budget. That's the key. A very strict written budget can balance everything out.
Hmm 12 years owning his car and it is about dead I was wonder if he bought it used and it is way older than 12... my car hit 12 from new and it is still in awesome shape. Many of my friends drive around in cars with loans I try to avoid that life but I get it but it ain’t for me. Guess it depends how much you drive and how you treat it and other attributes. I agree spend a little but and get you something decent. Car provides him a way to drive to work so worth it.
I bought a new car once. When the payments were done, I kept making the car payment to my savings account. I drove the car for 10 years. When it had to be replaced, I had the money in the bank to pay cash for a certified pre-owned. I couldn’t bear to part with the cash though, so I financed. When that car had to be replaced, I wrote a check for a certified pre-owned.
Saving money is one of my favorite hobbies! I too aspire to become that self-made millionaire. It’s a tough road, but I’m steady on course.
2:35 Dave didn't even flinch when he mentioned the index fund
Wonderful addiction to have. Much easier to rein in this habit than the opposite.
I love how he always hangs up on them towards the end hahahahaha
That's phone in radio
The moral of this story: save money but budget for some fun and don’t let people tell you that you aren’t spending enough on that fun
This guy sounds like he has the emotional range of a teaspoon.
Some of us have monotone voices and can't help it lol
Props to this guy. I hope he bought the new car and if so how exciting and well deserved.
I love saving money!!! I’m trying to retire early!!
“I’m sorry Dave I’m afraid I can’t do that”
what he should do is try and pay lots of extra money on his mortgage to pay it off super early. I got my house for a steal and my dad and I did a ton of work to it to get it to where it is today but I paid the house off in about 7 years total.
Consider this addiction a blessing.
I'm addicted to saving. Started saving at 17 and now I'm paying mostly cash for college
My friend and her husband are very frugal and have over 1/2 million invested by now.
They both recently retired and have zero debt and can live off their social security income.
They have one adult child who loves to spend money! And guess what? She’ll get it all when her parents die , and she will enjoy it greatly!
Sometimes people just need to not be afraid to spend money and enjoy life.
Frivolous spending gives me anxiety
I've been saving my whole life. My parents have thaught me well. My anxiety however, has skyrocketed since I've had a bad year (I'm self-employed). So I really don't understand how people can give money on useless stuff that is not an investment. If I spend my money, it's on learning new skills, investing and healthy food.
Maybe I missed it in the vid but he needs to make sure he contributes to Roth IRA or reg Ira it will be so much worth it when he retires
His saving is nothing. I made a broom out of pine needles and use an ironing board as my desk.
.......... Dude
Luxury! I dream of having an ironing board. I sleep on a 2x4 and use a milk crate as a desk/table.
I like saving. I try to save 25% to 50% of my income.
Same here, and I live pretty comfortably, people around me think I am crazy doing that thou...
Me too, but we can all laugh at them when we are retired at 45 with over a million in the bank.
This is the plan looking at 46 for FI/RE
Financial Hacks good job , thats hard to do .
I save the same amount that I pay in bills and then some. It's great.
I get being frugal but come on dude- that $1,000 car is gonna kill u when it turns off on the freeway
Slam Dunk Slam Dunk mine almost did.
I just bought a nice Nissan Altima.
$1000 bucks for a car doesnt get you much nowadays, I dont think dave realizes that when he tells people, back in the day you could get something decent for $1000 bucks, today youd be lucky to find something that even runs for that
😂😂😂
I snorted 🤣
As addictions go, pretty sure this is the one to have
this is me right now only my thing is a house. Six figures of savings but can't part with any of it to help pay for a house downpayment wise. I'm totally addicted to saving.
I would have fixed the car or bought another $2000 one and rocked it till the wheels fell off in a few years, but i guess i'm the kind of tightwad Ramsey thinks goes too far, haha.
Thats dumb
My car was 2500 when I bought it. I've had it for 4 years already and am waiting for the wheels to fall off myself.
I'll get a $10k car when I have $1m. For now my $3k car is more than enough.
I hope this guy can get enough saved for retirement. Sounds like he's doing his best.
For a second Dave thought he was going to say million
I don't agree with the giving money part...
You might be surprised!
Me neither. Nobody’s entitled to my money.
Money is a means, not an end like this guy is thinking. You know what's more important than money? Time and health. I learned that you should spend a lot of money to save time and to be healthy.
But he's not rich so he is being responsible.
You don't need to "enjoy your money." Find your purpose and then use your resources to fulfill that purpose.
Lol I wish I had this guy's problems! I'm still on baby step 2!
What's the point in saving all that money if you won't enjoy it. Life is too short and when you die you end up leaving all your "fortune" to someone else... makes a whole lot of sense.
Only purchase assets that appreciate.....Stocks, bonds, precious metals, and real estate.
Smart - always spending, saving and giving
Dave probably liked this call 😂😂😂
You should not always spend a certain percentage of your money. Me personally don't spend money each month except for food and the normal costs like electricity etc. Spend carefully, see that put always money aside. And I drive a 12 year car as well. As long it works well, i'll be driving it! It looks good, it sounds great, why should I throw away money just because it's 12 year old? It doesn't look like a metal that looks it might fall apart, on the contrary! So why change?
It's HAL!!! 'I'm good Dave.'
"I'm afraid I can't stop saving Dave."
By living at home I was able to save 66k CAD in 2020 which is about 52k USD. I was able to save enough to make a downpayment on a condo in the greater Toronto area and will be moving out soon.
Before I retired I have to at least have 500,000 saved up. At least and if I could go further even better.
This caller should be a role model for...perhaps many other callers.
This reminds me of someone who missed a wedding because they booked the cheaper flight without checking the departure time
🤣🤣
I thought HAL-9000 was calling in to the Dave Ramsey Show!!! LOL
I know I am addicted to saving and I'm well beyond FI. The car I drive now cost $350 and I have never sent it or any other car to a mechanic.. I love fixing stuff that others hire a professional for..:)
Best kind of addiction
When I was a kid I would save money to buy a new stereo or whatever. Saving money per paycheck to meet a savings goal. However, as I got close and had the money in my pocket I had had time to think of whether I wanted to spend that money at the end. I would think, "What's a way I can get that cheaper?" or "What's a way I can get somebody else to pay for it? (but not like taking advantage of a relative or friend)". You don't plan ahead for unpredictable events. But by the time I was getting to my savings goal, I would find out that that model goes on sale next month, or by that time I could find a used one at a fraction of the price.
I have really noticed that a lot of people that are in debt they will just buy a new car send money but people that actually have some savings they freak out about spending any of it and I kind of conceived the other side of it why they would be like thinking thathow long did it take for him to say that money up you know and suspend 7000 just like that when it probably took forever to save 7000 just to spend it and one transaction I can see where he's coming from but I could also see how difficult it would be to have a car that breaks every once in awhile and it's just a pain sometimes people want to take off a car loan just because they don't want to see their money in their account so down and I could understand that part of it too
If you use it every day its worth more then once in a while.. but dave is right with the ratio.
“Am I addicted to being sober?”
For those that CAN should they not learn to have a drink a their kids wedding? If you have learned your lesson with money should you not save and plan a vacation find to enjoy? If you have lost weight and fixed your unhealthy relationship with food if you are able why not have a slice of cake once a year on your birthday? Enjoy life, spending, alcohol, food IN MODERATION, if you have already mastered your addictions.
Saving is great, but when you have a bunch of hobbies and projects that you'd like to finish... It's hard.
It’s wonderful that you have many interests.
If you want to get over your addiction to saving money, have a kid.
I hope this guy called in years down the line saying that he's now a millionaire