The Ice Cream Rule Helps You Save Without Feeling Deprived

The Ice Cream Rule Helps You Save Without Feeling Deprived

Putting away money for the future can be difficult. MoneyCrush suggests thinking of saving like sharing a bowl of ice cream with a friend.

Photo by taylor n

When we share ice cream, we rarely worry about the bite we didn't get:

Most of us don't sit around thinking about how deprived we are because we gave a bite of ice cream to our friend. We don't think of that as "cutting back", and we don't go around talking about how we're "giving up a spoonful of ice cream" as our New Year's resolution.

Instead, most of us wouldn't give it a second thought, and we certainly wouldn't notice the spoonful we didn't eat.

But a spoonful of ice cream is about 10% of two average-sized scoops of ice cream.

If you think about saving 10 per cent of your income like you are sharing a bit with your future self, saving becomes a lot easier.

Use the Power of a Bowl of Ice Cream to Secure Your Financial Future [MoneyCrush via Rock Star Finance]


Comments

    "like sharing a bowl of ice cream with a friend."
    Who the fuck does that!?

    I value precious ice cream. Its delicious and can be pricey (for what it is). And a spoonful is relative. How big is this spoon? Does my friend get a teaspoon while I eat with a ladle? Perhaps we could replace the Ice Cream in this example with dog food. That way I will never want to eat it and save lots of money for my future self, because I don't even have a dog to share it with.

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