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
One response to “The Ice Cream Rule Helps You Save Without Feeling Deprived”
“like sharing a bowl of ice cream with a friend.”
Who the fuck does that!?
I logged in just to upvote this.
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.