Quote:
Originally Posted by Adam B.
So what do you think? Anyone else have a similar problem? How did you slow down the stream of purchasing?
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Limit the amount of cash you have avialable to buy gadgets...
1. Max out your 401k (or thrift plan or stock purchase) at work. (if you have them available)
2. Open a roth IRA (max it out.)
3. Double your mortage payment every month.
4. Don't use credit cards unless you pay them off each month. If you can't be disiplined enough to do this cut them up and use a debit card.
5. If after the above you still have a high amount of disposable income open a DRIP plan at someplace like sharebuilder.com.
6. Buy investment realestate... no only will this lower your disposable income but give you stuff to do.
7. Take flying lessons and get a private pilots license... then you can buy flying gadgets.
Believe me, you will be happy later when you get to the point where you have more expenses. Having no debt and money in the bank will make you much happier than a table full of batterychargers.
Then again, most people have a hobby they spend money on, so make sure you keep yourself some money for that.
BOb