If you’re like me, you probably have a liiiiittle trouble with spending too much money. And I totally get it. Our entire lifestyle is centered around consumerism. It’s tough to avoid the unretrained spending associated with our modern, consumer-based society. And what happens when you spend money like this? Saving money is difficult, if almost impossible.
This simple piece of advice is repeated so often because it works. Experts agree that
“inertia is one of the biggest hurdles to wealth creation”,
as human beings who are prone to procrastination, it’s easy to say, “oh, I’ll save tomorrow,” and just… never get around to it.
In general, most people enjoy games, and many of us are competitive. So why not use this competitive nature to save more money. That’s why I introduced myself this new challenge, called Zero Spending Sunday, which is named after “zero days.” A “zero day” is just a day when you don’t spend any money (yeah, no shit Sherlock, I know).
The exercise, which at Forbes call “Wallet-free day,” will, of course, save you a few euros. More importantly it will force you to start thinking differently, plan ahead and I believe that this is the key to success with any financial goal.
The Zero Day Challenge is a simple and 100% free (ironically, ha?) strategy you can use to take back control of your spending. At first, I wasn’t really sure that it would work. It fit in well with my love for spreadsheets (I’m a huge nerd, I know), but you can’t ever really be sure about this stuff.
My plan is that as I go through this journey, I’ll try and have more “zero days” during every week, then every month. I’ll try to turn the whole thing into a game. Set a goal, and try to get more zero days throughout the year. I expect that as I’m gonna do this, I’ll save money, and I hope that it’s gonna be enough for all the finance-related goals that I have.
You see, I believe that your relationship with money is a reflection of all the other areas in your life. It’s a great barometer for how you’re going as a whole. So if you’re a tight-ass with money, you’ll be tight and restrictive in other areas of your life too, like your relationships with others and your attitudes to self-care. And if you’re someone who just ignores their money, and tries to bury their head in the sand, that’s likely the same way you’re approaching your health and your relationships.
So that’s why I have decided to take action and break this cycle.
Wanna join? :)