I like buying things, but I’ve also learned throughout the years that the things you buy wear off in value over time. Like any new toy, it’s fun for a little bit, and then after a while, it just gets forgotten and collects dust in some random corner of your room.
But you know what isn’t fleeting?
Important projects you pour your heart and soul into. It's definitely not as easy as just whipping out your wallet and making a purchase, but ten times more satisfying (albeit, ten times more tiring).
This is not to say that you shouldn’t buy things. I still buy things. I love the denim jacket that I paid way too much for and almost never wear, but I kind of like having physical objects as a staple of who I am, or at least, who I aim to be.
This is to say, however, that whenever you want to buy something, maybe give it at least 24 hours to think it over, even longer if you can. Because you might find that the money can be better invested elsewhere. Like a new project. An inspiring trip abroad. Or weekend classes so you can learn a new skillset.
I'm writing this today because I was THIS close to spending 5k on a used car today. And then I didn’t. I contributed more to my investment account instead. Adulting!
by Jason Lam