Hobbies are wonderful to have, but it’s just as easy to lose sight of what your hobby actually is, in the rush to buy things that support it. From time to time, remind yourself that your hobby is about doing things, not accumulating things.
The more involved you get, the more you move towards just collecting things instead of actually enjoying your hobby, says The Simple Dollar. Take something as simple as a love of reading. It starts off with you reading as much as you can get your hands on. Slowly, you start buying books and storing them to read in the future. Your library grows, but not the number of books you’ve read.
That’s the time you need to remind yourself about what your hobby really is. If you planned to go to a bookstore, dedicate that time to actually reading a book you’ve been meaning to open instead. In your calendar, schedule activity time around your hobby. You’ll soon find your desire to collect will diminish, and you’ll be happier you’re actually indulging your passion. And don’t fall into the trap of convincing yourself that collections will make money in the future.
Achieving Financial Success Without Extreme Frugality or a Huge Income [The Simple Dollar]