Now, let me preface this thought by telling all those who are good at saving that they should probably just stop reading this now. You’re good. No need to change or reframe anything.
But for people who have always struggled to save anything…. guess what?
Saving isn’t a real thing. It’s all spending! All money is meant to be spent… the real question is WHEN do you want to spend it.
Is this money meant to be spent this month?
Is it for something next month?
Do you want to spend it at Christmas?
Do you want to spend it on a new car in a couple of years?
Is it for spending when you’re 80 years old and you no longer want to take bullshit gigs to make rent?
Or is it for your kids to spend long after you’re gone?
We need to stop treating saving like a super power. We need to stop letting it be a virtuous act that those who are good with their money have, and we don’t have.
It’s not a different thing. It’s just a different way of looking at the same thing.
The habit to practice (no matter how much money you make) is to stretch out your spending over a longer timeline. Introduce the thought that some of your money is for spending later down the road.
Don’t ask yourself: is this money for spending or saving?
Instead ask yourself: when do I want to spend this money?
And see if that starts shifting what seems possible.