Today I got some pleasant news as I will be receiving a lot more money than expected for a project I worked on a few months ago due to the company wanting longer rights for exclusively. This was great in general but also potentially made a decision easier where I was debating if I wanted to invest in some new gear. I was looking at so many options and trying to see which one makes the most sense value and budget wise. But with this extra money, I could literally just not think about it and get the one with the best features.
That’s when I had to take a step back and not fall into that sort of bad habit. Just spending bonus money of sort in this way I feel is setting yourself up to constantly living on the edge. For example, imagine where you just won $1000 and your decision is to immediately buy a $1000 TV when originally the $500 one would have been great as is. If anything, it could be better to just buy the $500 one as planned and then think how you can use that extra $500 to hopefully make more money.
It’s the same thought I personally have with money such as vacation pay where I have often just saved those or used it as an investment to start projects versus just taking a one week vacation with it as an example. Once you have that established stream of income created then it feels a bit safer to be a bit more relaxed. I guess it’s like saying once I built a consistent way to get clean drinking water everyday then I will more likely use extra water to just say cool off for fun in some swimming pool. But until then I would conserve it as much as possible and use the excess amount to try and make say food by growing more fruits or vegetables.