It’s a concept I’ve been mulling over in my mind for some time now, but have been unable to fully articulate. It’ a concept I’ve tried to discuss with others, but have been unable to get them to see my point.
The concept is this: saving money is a good thing, but it requires a sacrifice. Every dollar we save right now is a dollar we can’t spend on something fun right now. Which is a very negative, depressing thought. Is there a way to turn saving into something fun? Is there a way to make the thrill (yes, thrill) of saving equal or exceed the thrill of spending? If there was, I bet a lot more of us would do a lot more saving.
I found a website where this basic premise is explored in great depth. passionsaving is a concept developed by a guy who was laid off in a recession, and never wanted to be dependent on a paycheck again. He started figuring out ways to motivate himself to save, and ways to motivate others to save. I can easily see how employing some of these devices would turn saving into an adrenaline-pumping, no-holds-barred, full-contact extreme sport.