I have made some financial goals lately – for two months I will restrict some extra expenses and see how it will go. If I can save some money, then I am planning to invest it in my RRSP (retirement investment plan).
I did some calculations. At first I thought the savings, for example, by not buying books for two months did not generate a substantial amount of savings. It discouraged me – why should I stop doing one thing I absolutely love (I like being in the bookstores and buying books slightly more than reading them.)? I decided not to cut it out.
But then, there were other expenses, bigger or small, which added up to a nice sum in two months. Just two months. This time period is good because I know that it is not forever and I will be able to continue my regular spending pattern after that. So being financially-conscious for two months does not bother me at all. I found this very interesting, very motivational, and very essential (psychologically) for success of my plan.
I am not sure I will be able to stick to this plan and whether I will transfer the savings into my retirement plan, as I would like to. But it is certainly worth trying it.
One other thing I noticed (which excites me very much) is that when I decided to shop twice a week rather than once a week, and buy food in smaller quantities each time, I actually have a better appreciation for food. Especially the fresh produce, which I would not find time to eat/cook until they get bad. I am committed to not waste food. That makes me happy.
It is interesting that while we try new approaches, attitudes, etc., we get to notice many things about ourselves and our relationship with things in our lives.
I love trying and then learning along the way. Life is good 🙂