Trade The Journey

Trade The Journey

Money doesn’t grow on Trees!

Another week crossed off on my calendar. Reflecting on this past week inspires me to continue progressing through my current cash shortage.

To be clear, this is not the type of deficit that requires me to take extreme measures.

However, this too me, is a warning.

I’ll never forget a trip I made to Las Vegas with my family in the late 2000s. I was still in college and working a part-time job. Most of my college tuition was covered through a school loan, so the money made through my part-time job was primarily for spending.

Although the cafeteria food was included in my tuition, everyone enjoyed going out on the weekends, and to do that; you needed extra money. A couple of months before the Vegas Trip, I began saving this extra money. I can’t remember why I wanted to save money; I just started to keep it.

 

I’d amassed a small fortune to the tune of $300.

 

Throughout the trip, I continue to practice self-discipline and self-denial, and I succeeded in keeping my money.

On the way home, we stopped at an outlet. My sister and I walked around and finally stopped at TJ Maxx. TJ Maxx has some great bargains, and this day was no exception. I saw a shirt and a pair of jeans that matched my style. So I looked at the price tag and saw that the prices were discounted a total of three times.

A great deal.

I checked my checking account, and I had enough to buy a small soda at McDonald’s. So I committed the ultimate sin, I transferred money from my savings account into my checking account to buy a pair of jeans and a shirt.

When You start withdrawing money from your savings account, sometimes it never ends. After making the purchase, I felt defeated. I didn’t return the clothes; I accepted my defeat and thought it no longer necessary to make such extreme sacrifices.

All of this saving was foolish.

“You only have one life to live.”

“Money doesn’t grow on trees.”

“I’m not made of money.”

“Money is the root of all evil.”

“Needs and Wants.”

“Save your money.”

Can you see the conflicting messages?

Can you also see my lack of awareness? Who made the decision?

Within moments, I returned to the original programming I had received growing up. I was back to be one of the guys, back to being apart of the family.

I was no longer the tight-wad who pinches every penny and tries to look for the best deal. Now that I was spending money, everyone felt comfortable and at ease. Me looking for a bargain didn’t take up so much time.

Back then, I thought that was the maximum amount of money I could save. At the time, I wasn’t into finance or economics and had no concept of what the value of the dollar was.

 

The personal finance strategy at the time was, “Do not spend unless you have to.”

 

I wish I would have kept that mentality, it was pure. It was simple and you didn’t have to read a book to apply the information.

If only I had known at the time that wealthy people keep money by not spending, I would have been a bit further in my wealth pursuit.

 

Wealthy people don’t spend money; they move money!

 

Of course this statement simplifies the intricate process of doing so but hopefully, you get the point.

Amid the cash crunch, I believe it best to continue to make deals and decisions that will build my future. Thinking toward the future inspired me to purchase a laptop with the latest technological capabilities. My previous laptop was over seven years old, which meant about 100 years in computer years.

Fortunately, or unfortunately, I did not have the money to purchase the laptop outright, so I made a business decision. I put some money down and used the 12-month financing program*, which made the payments affordable.

(*Program- No interest if paid within 12 months.)

During this cash crunch, I have developed the routine of cooking 90% of my meals at home.

 

 “Money doesn’t grow on Trees”, what does that mean to you?

To me, it meant there wasn’t enough money to freely spend it. The money we have was earned by working for it. There’s an amount I’m paid and we can’t spend more than that but sometimes we have too. Sometimes there’s isn’t enough.

So in order to earn more, we have to work more because money, unlike apples, does not grow on trees.

This is a quote you hear from your parents, supervisors, friends, and family. Quotes like these are handed down from generation to generation.

The seed was planted in this statement of how the economy works, the system works and ultimately how you will work to prove that this statement is true. I’m not implying that you can earn money by wishing, hoping or dreaming about it.

I am implying that you take a hard look at what some of these statements mean to you.

High-powered money is always moving.

The amount moving will lead you to believe money does grow on trees.


At any time, my situation could pivot in a better direction.

I am attempting to keep what I have and look for the best return on my investment.

For this week’s past week, I’ll give myself “C+.” I cracked under pressure and brought a couple of stupid things.

 

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