BlackWindBears t1_j5lphh7 wrote
Reply to comment by CoolInvestigator in LPT: A good financial habit to get into is treating money as hours of work. Ask yourself how many hours of work something would take if you buy it. The awareness of the amount of time you put into purchases helps reduce compulsive spending. by humvee911
This is actually good though!
The point is to be conscious of what you're trading.
If trading X hours of your time is worth getting a ski lesson then you've made a "good" decision.
If imagining trading that much time for the ski lesson feels like a bad deal, then you've made a "bad" decision
It's not about minimizing spending, it's about making sure you trade the hours of your life for things you actually value as much as you do those hours.
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