Play The Money Diet Game
“Money isn’t everything
as long as you have enough.”
According to the New York Times article “In Pursuit of Affluence, at a High Price” by Alfie Kohn, “Not only does having more things prove to be unfulfilling, but people for whom affluence is a priority in life tend to experience an unusual degree of anxiety and depression as well as a lower overall level of well-being….The more we seek satisfaction in material goods, the less we find them there.”
Look at your own life.
Think of some of your very favorite moments…what were you doing, who were you with, why are they favorite moments? Were you alone or with friends or family? How did you feel during your favorite times?
Most people indicate that they feel connected, joyful, satisfied, and at peace during these times.
Now ask yourself if these moments were associated with money or material goods.
A great way to find out how attached you may be to spending (and to break the habit if you are) is to go on a ‘money diet’, a game from fellow coach, Talane Miedaner.
The game is very simple – other than bills and groceries, stop spending for 30 days.
That means no movies, no lunches/dinners out, and no shopping. Buy essentials prior to this 30-day period. Go grocery shopping once a week, with a list.
Expect yourself to be challenged the first week or so. You may be so used to spending here and there that you need to rearrange how you go about your week. You may need to plan more (packing lunches, etc.).
You’ll find that you become very creative…since you aren’t spending money to entertain yourself, you start looking for other ways.
You may spend more time with the people who are important to you. You may discover a love of cooking (since you aren’t going out to eat during this time). You may find that going to the library rather than buying books has two benefits – you don’t spend money on books, plus you don’t need to find a place to put another book once you’ve read it.
You may also find that you can really enjoy an evening with nothing planned and nothing to do!
Playing the money diet helps you connect with the simple pleasures of life. You’ll discover very quickly what is important to you and how you really want to spend your time and your money.
Play the 30-day money diet game. I guarantee, the results will be much more than you expect (they were for me!).