Post by troycuthers on Apr 20, 2019 10:33:56 GMT
Money is an investment tool; money is also fluid in its value. You must overcome inflation as well as the fixed cost of living in order to truly save money. This means that your money pot must grow in order to remain the same. This is actually an advantage to those who remain diligent, because there are always new ways to save.
Were there other things we could have done with the money we were putting into savings each month? Oh yes, there sure were. And some months it was downright tough to see that much money go into a boring old savings account.
It’s called delayed gratification – putting off today for some satisfaction that comes later. I can’t tell you how positive the vibes were when we handed over our cashier’s check at the dealership. We were smiling from ear to ear.
I’m convinced most people simply can’t put off satisfaction until later. They’d rather have fun in the here and now than live for a future feeling. They won’t sacrifice enough in the moment. Then when the future need comes and they are unprepared, they get stuck and have to make an unwise financial decision.
Were there other things we could have done with the money we were putting into savings each month? Oh yes, there sure were. And some months it was downright tough to see that much money go into a boring old savings account.
It’s called delayed gratification – putting off today for some satisfaction that comes later. I can’t tell you how positive the vibes were when we handed over our cashier’s check at the dealership. We were smiling from ear to ear.
I’m convinced most people simply can’t put off satisfaction until later. They’d rather have fun in the here and now than live for a future feeling. They won’t sacrifice enough in the moment. Then when the future need comes and they are unprepared, they get stuck and have to make an unwise financial decision.
