Halloween is one week away. Watch for a full-scale tsunami of advertising on the air, radio, print and web channels featuring multiple ways to spend money, time and related resources on all sorts of tricks and treats! How effective will these ads be on YOU? What tricks do you play to treat yourself (spend money) – any time, not just on a popular holiday?
Halloween isn’t the only time of the year where we’re tricked into spending money on things we know we’ll enjoy only to pay a dear price later on. In chapter six of Pay Me What I’m Worth, we explore a wide variety of habits where we trick ourselves into spending time, money and related worth in less than optimal ways. Isn’t it amazing how we trick ourselves into believing what we spend is worth it most the time! How?
Here’s three typical money tricks:
- Time tricks. You bought it because it was handy based on the moment. Example: spend $1.50 on a bottle of water you could have brought along. Or, maybe you bought something because you adopted an attitude of my time is worth the money!
- Ego tricks. You just have to keep up with everyone else, no matter what don’t you! Your mind tricks you into believing your MORE (or less) of a person by always having the latest and greatest something no matter the cost.
- Procrastination tricks. The results of poor planning or procrastination forces you to pay more every time. Example: not maintaining something (even though you KNOW you need to fix it). Then, when it breaks, it costs twice or three times as much to fix it.
When we add up the costs of all these creepy tricks, it’s hardly a treat and often frightening.
What can we do to trick our money into treating our money more wisely?
First, use your 20/20 hindsight on a weekly basis. Example, add up the total costs of all the convenience purchases in all forms. Examples:
- Did that $1.50 bottle of water really save you time (it certainly didn’t save you money). That bottle of water also costs our environment MUCH more than $1.50 to deal with.
- How about the $7.50 lunch each day? How nutritional is it really? (We’ve found a $4.00 meal that takes less than two minutes to make. This meal is PACKED with the all natural nutrition Doctors LOVE! These meals travel easily [TSA sanctioned] saving tons of cash on hotel or convenience shop foods. Contact us for details to learn more about these meals.)
Second, when it comes to ego spending, there’s good news and bad news.
- The good news: there is a time-tested 100% guaranteed way to cure ego spending. We say this because we teach this cure to a wide variety of clients with incomes as small as $10.00 a week to multi-millionaires.
- The bad news: this cure requires doing some personal development work requiring dedication and determination. How’s your dedication and determination skills these days? Hint: tricking yourself to spend more than you have (credit card use) takes dedication and determination.
Third, the best offense is a solid defense! Example: when you first notice that something seems off (wrong, not right) deal with it no matter WHAT time or money you have or don’t have. Ignoring something is the BEST way to trick yourself into spending MORE time and money later.
No doubts you’ve heard all these ideas before. Yes? If so, each time you treat yourself to a spell of forgetfulness, at least enjoy the spell one last time. Each time we turn tricks into treats by learning a lesson or two, we’re less likely to fall for the same tricks in different disguises.
Now, how many times will you fall for the same tricks?
What tricks do you have to save time and money? Post your tricks in the comment box below. The top five ‘liked’ or ‘faved’ answers wins a treat from Soul!