041: Ice Cream and Saving Money


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Catching the Coin


Tim and I were talking about this episode and I got to thinking about an Internet meme that I saw on Facebook. It was a cute cat waiting to be petted with the caption, "I really want you to pet me, but I also kinda want to bite you." See Below, lol.   That pic really sums up the duality of our human nature in that our short-term goals normally conflict with our long-term goals. We really want to accomplish both, but they rarely intersect in practical ways without some serious lifestyle planning.   Hence the title, "Ice cream and Saving Money"; we speak about what that means on a very practical level. "I want to be healthy and fit, but I really want ice cream." "I want to financially independent in my retirement years, but I want a new car and bigger house." And of course, "I really want you to pet me, but I also kinda want to bite you."   In This Episode We Look At: Why "may the best one win" might be ok for battling ice cream cravings, but that attitude won't cut it for retirement saving How blind spots and bad inputs can wreck your path to financial health The importance of having reasonable expectations and timeframes with your lifestyle changes. Stay Focused!   Today's Resources and Links: Art of Manliness discusses willpower   One Thing You Can Do Today to Improve Your Financial World: Saturate yourself with quality personal finance material (Hey, I can think of a podcast to start with!) Find blogs to read and podcasts to listen to that will keep your awareness and focus on your long-term goals.   What Are Your Thoughts? If you have a question or comment about today's topic, we invite you to share your thoughts.