Have you ever thought about how much emotions play into our spending habits? Cuz I gotta be honest with you, I’d say that 98% or more of my shopping trips (non-bill related stuff) is tied to one or more of these real life emoticons ;) And from the looks of My Pretty Penny‘s latest post I’m not the only one!
Let’s go down memory lane, shall we?
J. Money growing up: Money was used for one thing, and one thing only – to buy something I needed. Or saved up for after months and months of stashing away my $1/week allowances. There was no way I was blowing it w/out deep consideration, so def. no emotions here.
J. Money during college: Things start changing…back in the good ol’ days I used to hit up the mall after EVERY exam just for knocking it out. It didn’t matter whether I did well or not – just as long as I showed up and took it ;) Lame, I know…but the point is, it was EXCITING! I looked forward to these escapes since I knew I’d be “allowed” to pick up something for myself – even if all I could afford was $20 at the time.
J. Money after college: Oh man, there was no stopping me – I’d go shopping EVERY WEEKEND. Sometimes for clothes, sometimes for new additions for the bachelor pad – but whatever it was, I was out there shopping for it. I call this my bored time. And also my “let’s-pretend-spending-this-money-gets-me-some-hot-chicks” time! (and I think it worked!)
J. Money now: Now, I pretty much just spend money whenever ;) When I’m happy, sad, bored – when something’s needed, it doesn’t matter. The DIFFERENCE is that now it’s all allotted for. I have a few hundred $ in my “random” fund that I can pick at whenever the mood strikes! That way I never get myself into too much trouble…usually.
Also, I’m getting better at spending in “chunks.” If there’s something I need or really want to research more (aka probably buy), I just wait for whenever I’m up for it. Sometimes that’s a day, or even a week, but shopping this route is MUCH more efficient and fun. And sometimes the things I thought I wanted at the time fade away! I may not be as spontaneous as I used to be, but damn if I’m not happy with the way my bank account is lookin’.
What about you all? When do you guys tend to buy things?
(photo by somegeekintn)
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!