Happy Thanksgiving:
This is not a post on investing or budgeting, but its a different twist on how we view money. The theme of this post is: What do you need in your life that is more important than money? For example at a point in my life I collected comic books like a mad man. If I had a dollar in my pocket I already was thinking of my next comic book purchase. Thinking back I believe I did it for two reasons,
1- I enjoyed reading those stories about heroes.
2- I thought that I could collect something that could increase in value.
I was in eight grade when I first got into this hobby of collecting comic books. I would hear folk stories of people making money holding on to baseball cards, comics, and other collectibles. Now as an adult I find myself in a similar situation with buying and holding watches. So back to the original theme of this post, what do you find is way more important than saving money. Comment back to share what is that thing you can’t live without. Would you rather buy this important thing or would you rather save the money? I’ll go first and I hope to hear from some of you out there.
RichUncle El loves – Watches and Footwear
Fast forward to the present, if I have surplus money I tend to save it 90% of the time, but once in a while the other 10% of me is looking online, trying to find sweet deals on a cool watch. I guess it might be good for me once in a while as long as I don’t go overboard. Once in a while it’s recommended to spulge on yourself about 10% of your income on anything you desire. So in conclusion make it a habit to not fall prey to those desired things and get them only after you haved successfully saved for them.
PS: Watch Your Money!