(This is a flashback to a post I wrote over a year or so ago. I was reminded of it yesterday cuz it’s a great way to put things in perspective! Even in the last year my outlook on money has changed as far as *what’s* important to me now (You can see the old stuff that’s now crossed out below) Let’s see if you enjoy it as much as you did the 1st time it was posted! Haha…)
I had this friend who measured time in cigarettes. Whenever I asked him how far something was, he’d always come back with the number of cigs he could smoke in the time it would take to get there :) So if we were hitting up a bar down the street, say 20 mins away, he’d tell me he’d meet me there in about “2 cigs.” Haha… I guess for him this just made more sense.
The same can go for understanding amounts of money too. I like to measure smaller amounts in the number of
lottery tickets web domains it could buy ;) To me, that’s a great way to spend $10 and it’s easy for me to comprehend (in high school, it was double cheeseburgers off the $1 menu!). For larger amounts – $100 and up – I tend to use Air Jordans airline tickets or whatever else I’m interested in at the time. It doesn’t matter what you use really, just that it puts things into better perspective for you – we’re all gonna be different.
Knowing what $XX can buy is a powerful thing. If you don’t think about what something’s really “worth,” you could blow through it a helluva lot faster (like all those times we drop $10 or $20 bucks on Lord knows what). And it helps with motivation too! Similar to my “I can’t afford that” post yesterday, knowing that you can buy X or Y or even Z all with $10 is a very good thing. The dollar is almighty!
Appreciate the power of money, and keep those valuations of yours on tap. The more we understand how far the dollar can go, the easier it will be to make decisions and stick to our goals :) I don’t turn down all those cab rides for nothing, baby! For every 6 I pass on, I can get a whole share of Berkshire Hathaway’s Class B stock! Haha…and that’s freakin’ awesome.
What do you use as a measuring stick for money?
(“Why dinos are extinct” Photo by Dan4th)
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!