D
DeletedUser394
Guest
Recently I've started evaluating purchases by how many hours it took me to earn the money. I'm not really making sense haha, so here's an example;
I currently have quite a bit of money stashed away/invested but let's say I want to buy something. If it costs $30, I think of that in terms of: (that $30 represents nearly 2 hours of my time)
It doesn't matter that I may have $3,000 sitting in my chequing account and that the $30 purchase represents 1% of my unencumbered cash, I don't end up buying it because I get stuck on the time value of the purchase. (now that's not always how it goes down.. I've got season tickets to 3 of the 4 professional sports teams in my city for example lol!)
Anyone the same? How do y'all determine what to spend on non essentials? Right now I save/invest 50% of my net income.
I currently have quite a bit of money stashed away/invested but let's say I want to buy something. If it costs $30, I think of that in terms of: (that $30 represents nearly 2 hours of my time)
It doesn't matter that I may have $3,000 sitting in my chequing account and that the $30 purchase represents 1% of my unencumbered cash, I don't end up buying it because I get stuck on the time value of the purchase. (now that's not always how it goes down.. I've got season tickets to 3 of the 4 professional sports teams in my city for example lol!)
Anyone the same? How do y'all determine what to spend on non essentials? Right now I save/invest 50% of my net income.
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