
Another subject that interests me greatly is personal finance, and today I was reading the following article on The Motley Fool:
Basically it was about compulsive shopping. It was a gag quiz with suggestions at the end on how to curb unnecessary spending. The one suggestion that really stood out for me was the last one about "Thinking Lazy". It said that before you buy something think about the fact the you have to clean, store, or set-up whatever you buy. May I also add that you know what you have, and usually like it, and you don't know what you're going to get. I starting thinking like this a few years ago and its really helped me to save money.
First, I used to be a sucker for nicknack souvenirs when I would travel. I always felt like I had to come home with something to remember the trip. Secondly, I would constantly be buying new cameras and electronics. I enjoyed buying these things because I liked getting something new, taking it out of the box, and trying out all its features. Usually I'd sell my old stuff on eBay and justify the new purchase by subtracting the cash I made on eBay from the new items price. I'd be excited about it for a few days then start to regret what I had gotten rid of. (I still wish I hadn't sold my Fuji F31fd on eBay). This went on for a while and I was definitely spending money I did not have.
Then when I moved out of my parents' house I decided that I wanted less clutter in my life. I threw away a lot of little nicknacks, and now when I travel I only bring home a magnet and my digital photos as souvenirs. I'm saving money, but I also have a lot less stuff to dust and take care of this way.
It took me a while longer to stop buying new electronics and cameras though. In the year 2007 I went through almost 10 point and shoot cameras. I was paying a mortgage I could barely afford and was working 3 jobs, but I still continued to buy new electronics. I don't know what changed my mind about the whole thing. I think I just got sick of having credit card debt, but I've also learned that every time I replace something I have to learn its foibles and quirks. Now I try to hold onto my electronics a lot longer. I've had my little Canon SD850 IS for over a year now, and my Olympus E-510 for a year and a half. (This may not sound like much, but that's a long time for me). The last camera I bought was the Panasonic LX3. I waited until I had the money before I bought it though. I've learned to appreciate the Canon and Olympus for what they do, and was glad I waited to buy the Panasonic.
I'm almost out of credit card debt now, and was even able to pass up a great deal on the Fuji F100fd. (If the price gets much lower though I think I may do it...wink, wink).









