In 4 Hardcore Strategies to Torch Debt, Rack Up Cash, and Build Wealth Now, I kindly suggested you “stop buying shit” in order to achieve your financial goals.
I’ve returned to explain myself to those who wonder, “How does this broad think I’m supposed to survive without spending money?”
You see, there’s a science to kicking a shit buying habit.
Answer the following multiple choice question.
Shit is any purchase I . . .
(a) Don’t need and can’t afford
(b) Can afford and won’t use
(c) Need and already own
(d) All of the above
Hint: The answer is ‘All of the above.’
Before we continue, let’s make two assumptions: 1) You have the mental wherewithal to tell the difference between a need and a want, and 2) You know enough about your finances to identify what you can and cannot afford.
Now, we’re left to deal with the shit you unknowingly own.
Allow me to indulge you in a movie metaphor to explain my point.
“There is no spoon.”
Do you remember Neo’s exchange with that creepy, bald kid in The Matrix?
Creepy Kid: Do not try and bend the spoon. That’s impossible. Instead, only try to realize the truth.
Neo: What truth?
Creepy Kid: There is no spoon.
You want the truth?
The truth is I don’t have a clue what greater meaning lies within that statement. But all this talk about spoons got me to thinking.
When I bought my very first batch of silverware, I didn’t buy forks, knives, and spoons. I bought a safe and durable means of transporting nourishment from my plate to my mouth.
The reason we scour the aisles of Target for a monetary fix to any tiny unmet need is we define our needs too narrowly.
A while back, the metal disk that attaches to the magnetic strip of my medicine cabinet door became unglued. As a result, the door wouldn’t shut. So I duct taped the old metal disc back to the cabinet door.
Every couple of weeks, the tape would lose its stickiness and the medicine cabinet door would pop open, exposing my meds to glassy-eyed prescription drug abusers. I’d reattach the disc with a fresh strip of duct tape and carry on about my day. This ritual went on for months.
At one point, I considered springing for a tube of super glue or picking up a few strips of double-sided type. But that’d require me to spend money on some shit I wasn’t sure I needed. Then I remembered I had an unopened tube of epoxy hanging in a bag on my hallway closet door.
I smeared the adhesive all over the metal disk, slapped it on the cabinet door, let it dry for about four hours, and BAM!–it was good as new. And I didn’t have to spend an extra cent.
Take some time, pull out the knickknacks that are wedged in the cobwebbed crevices of your home. Get rid of the shit you don’t need, don’t want, can’t use, or won’t use. Then organize the rest in a logical fashion.
When you need it, you’ll know where to find it . . . in your home, not the halls of Target.
Image courtesy of photostock at FreeDigitalPhotos.net