Today’s throwback is a post I did over 4 years ago, but one I still very much think about today. Not because it was a brilliant writeup or anything (it wasn’t, as you’re about to see ;)), but because the takeaway really helps put me back in check when I need it every few months.
We always think we’d be so much better off with a lot of money, and conversely so much *worse* off with a lot less, but the truth is we’re a lot better at adjusting and getting back to “normal” if ever put in either situation. One’s just more fun to think about than the other so we tend to do it more often ;) (*ahem* “what would you do if you won the lottery?“)
So keep an open mind and read on, sexy budgeters! A new perspective is always good to pay attention to – even if you decide it’s not for you.
Live Like You’re Broke
Whatcha know about that? Fellow blogger Anne wrote a little on it the other day, and it really hit me – Live like you’re broke! Yes, nice & simple, I dig it. I’ll probably forget this by next month (you know, A.D.D. and all), but for now let’s roll with it ;)
If you were really broke, here’s what would happen:
- First, you would still live! It would be harder, but it’s not like you’d die.
- You’d figure out how to cut more spending. Because you “can’t” spend – you’re broke.
- You’d save as much money as possible. You might have to turn around and pay the bills with it all, but you’d still be saving better.
- You’d get creative! Probably the best reason to get in this mindset.
I think we all “live like we’re broke” to some degree, it just comes down to the amount you’re willing to give up (unless, of course you *are* broke, in which case you’ve probably perfected it ;)). I’m sure I could cut out 1/2 of the things I do now to save some cash, but it’s just not worth it. On the other hand, there are plenty of things I WOULD cut if I were indeed broke.
Regardless, it’s always good to stop and consider the way you’re doing things. Do that enough, and you’re bound to stay focused!
[Photo by Rafael Souza ®]
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!