Everybody has a vice, whether it’s cigars, Tic Tac’s or Faberge eggs. On those mornings when you have to bribe yourself to get out of bed and off to work, it’s the mere thought of coming home and having that glass of scotch or tub of Ben & Jerry’s that does the trick.
Our vices are the carrot at the end of the stick and as far as I’m concerned, we’re entitled to that carrot every now and then.
But just the other day, I found myself at a bottle shop purchasing a case of sweet, sweet beer. For some reason it occurred to me that I was forking out 50 of your Earth dollars for this case of beer. $50, like it was nothing. That kind of freaked me out.
The absurdity of beer prices aside, it reminded me of how many times my mum has told me to save a bit of money each week. She always said that it doesn’t have to be that much, but over time you’ll accumulate something substantial and be able to invest in something important.
What if I’d been putting that $50 aside each week instead of mindlessly exchanging it for beer or take away food or going to the movies? I’d probably own my own beer company by now, that’s what!
Now I assure you I’m not some hopeless drunk, but the above is one of the classic vices along with smoking or blocks of chocolate or coffee. What they have in common is the fact that you pay handsomely for them without a second thought.
Realistically, they contribute little to nothing of substance to your life and don’t last very long at all. I hate to rain on everyone’s parade, but although they provide us with some temporary relief, our vices are the breached hull on our HMAS Bank Account.
Before you get all chizzy at me, there is some light at the end of the tunnel. I’m not here to smack you on the nose with a rolled up newspaper for indulging in a vice every once in awhile.
Let’s face it, although I just tore vices apart, they’re a necessary evil in our lives. That being said, we are adults and part of being an adult is compromise. Thankfully, we live in a time where help is literally at the tip of our fingers.
There are plenty of apps out there for things like budget tracking, but that’s not what we’re really talking about here. What we really need is to track our vices and how much we’re actually spending on them.
So I submit to you a challenge; Take a week or a month to track your vices and show yourself just how much you’re spending. I guarantee you’ll be surprised.
I don’t expect you to completely give up your vice, nor would I want you to. But perhaps putting your spending into perspective will make you realise that a bit of compromise will allow you to reach a greater goal financially.