MrsMicah asked in her blog yesterday, “when do the savings kick in?”
That question and the comments that followed started my brain working. What is it to save money? Money saved is money you don’t spend or is it money you actually put in a savings account? If it is in a savings account what are you saving for? Is investing saving?
She followed up the article today with Saving the Enron Way
It really depend on how you think about money.
I save money when I don’t use it.
I save money when I invest money to buy stock.
When I save it to look at it, I am a numismatist.
When I spend less at the store they tell me I have saved money.
The thought process change needs to comes in to play. It also depends on my purpose. My purpose is to have more money to use as I see fit. I am not a numismatist because I do not have it to look at. I may be an investor. I may have it in a savings account. I may have it in my sock drawer or in a cookie jar. It is reserved for future use.
Yes I save money when I don’t spend it. Thanks to marketers and stores. When I take a lunch to work instead of going out, a conscious decision to cut spending.
The thought process change.
So call me a collector. I have a collection of money. As Sally from the Peanuts would say, “Preferably tens and twenties.”
Just my 2 cents. Jim @ ChangeJarSavings.com
© 2008 ChangeJarSavings.com
© 2011 ChangeJarSavings.com
