Pinching Pennies


During the years I was working for someone else, at one point in time I was making ‘bucket loads’ of money. Funnily enough, that was also the times that I remember as being the more broke than ever and having to pinch pennies just to get through the month.

In my case, at one point in time I trimmed down on anything that could be seen as ‘having fun’. This cartoon actually depicts it quite nicely:

“We were able to retire 6 years early by canceling cable & eliminating anything fun.”

Now do you think that this method helped? Reading this article shed some light on my personal situation: if you make $50k a year, there is no way you can save more than $50k in said year. Now to add insult to the injury, one has to eat too, so there is no way that you can save all that you made. 

Now, if $50k a year sounds grand, imagine making more than that, and still feeling as if you’re not making enough to live by. It literally took me a year of not making anywhere near that money, to realize that it is a tool (you use it to buy electricity or food) and that the power is not in that money but in your thought process related to money.

I’m happy to say that I’m still around, and as I’ve indicated previously, I am going to make a ton of money this year because of a couple of reasons.

  1. I want to be a blessing for/to others,
  2. I will no longer have to live to work but instead I will work to live – creating balance,
  3. No more pinching pennies out of necessity.

About a year ago, the above sounded outrageous to me. Work to live? No more frugality? What? Me? Well … yeah!

Who is with me? Are you ready to make this your best financial penny-pinching-less year yet? What are strategies we can employ to stop that habit and become financially healthy instead? Leave your comments below!

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