Save more now....To get more later
That's kind of my motto to get ahead and to get more of what I want...even though it may be later than some would choose. I don't ever run out and buy the current high tech gadget, toy or eat out needlessly as many people do.
A few examples of huge motivators that keep me doing the same thing over and over are outlined below:
1- Yes, I wanted a 52' big screen TV for a couple years and knowing how prices go on that sort of thing I waited about 2 years beyond that first temptation to get it done, well..rather than paying $3,995 for it, I ended up buying it on sale($600 off)for $1588....I also used my MC to pay for it to simply get an additional one year warranty free of charge(I have never had to deal with that additional free one year warranty offered by MC but I am sure it must be legit or it would not be in MC terms of agreement). The warrnaty extension of one year is a MC feature few people know about or use so I share it here with fellow members.
2- Camping, yes...we love camping however that has taken us into bear country andit was time to upgrade to a travel trailer....no, not a 20 or 30 thousand dollar unit with all the bells and whistles...it was a 1978 Boler fiberglass unit with a 100W solar panel that includes running water(hot too), shower, stereo...it's all we need and it's all we want! We got this 70's retro unit 3 years ago for $4,400 cash and we love it! It pulls great with my 4.8 GM...no need for a diesel truck as the Boler only weighs about 2900 pounds.
3-Oh, the truck mentioned in 2 above, yes...it's a 2008, SL model with 4wd. Of course I was looking for a used truck....however simple math told me that interest on a used truck would almost make the cost of a used truck as much as the cost of my new wheels. So I did it...bought new with $0 down...payments are $444.88 for 6 years and it sounds like Canada will back the warranty should GM disappear. Also, the truck is used for work and is tax deductable.
4-The above 3 mentioned savings have allowed me to contribute $6,000 in RRSP's for our future......It all motivates me!!!!