Motivation Monday: Delayed Gratification Challenge
Each Monday, we're rolling out a new challenge to change the way you think, act, do, or feel. Your mission, should you choose to accept it, is to be motivated to try something different for a week. And if you love it, keep it going!
We all covet something or another on a weekly basis. But sometimes we all get that niggling voice in the back of our heads that keeps us from treating ourselves to actually buy that desired item. The good news? We've got a strategy to put your mind (and wallet) at ease - and it's our key challenge for the week: embracing delayed gratification.
When you were a kid earning an allowance, you had to save every found nickel and every dollar of allowance to buy even the smallest of treats. As an adult, it's way easier to spend and splash out because you're earning money for yourself. But wasn't there something oh so sweet and rewarding about saving up to buy that special item?
Here's our challenge for you. Pick an item off your wish list - we're talking something reasonable and not that dream sports car. For the next seven days, pay close attention to where you are spending your money or where you could be spending money. Now do your best to keep your wallet closed. That daily latte? Drink a cup at the office. Tickets to the movies? Binge watch an engaging show instead. A cocktail after work? Invite your friends over for a bowl of spiked punch. Filling up the car with gas? See if you can hitch a ride with a friend or take public transit. Take note of each cost-saving opportunity.
At the end of the week, tally up how much you saved and compare it to the cost of the item you're lusting after. If you've offset the cost of your item altogether, go ahead and treat yourself! And even if you didn't quite hit that total, think about what you cut out this past week and see if you can continue to live without it, until you've 'saved' enough to reward yourself with whatever is on your wish list. Patience has never seemed so sweet.