The Thrill of Saving

(credit: 401(K) 2012 via Flickr)

(credit: 401(K) 2012 via Flickr)

I thought about what a friend told me the other day about getting a thrill or buzz out of spending money, and had to admit, I do, too. But the thrill for me comes not from spending money, but from getting a great deal.

It’s the deal that turns me on, not the spending.

The more I thought about it, I realized that it wasn’t even the deal that gave me the thrill, although in some ways it was. It was the money I saved as a result of the deal that gave me my buzz or thrill. Getting something I want for less than its value is way too cool for me.

I love to save money. I do. I can’t help it. It’s just me. I love watching my savings grow. I always have. Maybe it’s even an obsession. It probably has something to do with my insecure youth, see my book on How I Became an Improbable Millionaire. But why I save no longer matters to me. It’s because I have this thrill to save that I have what I have.

But it’s not just me. People tell me all the time how proud they are because they negotiated a great price for a house or car. Good for them, I think. As long as they negotiate fairly and responsibly, and use the money they saved on the deal wisely, they, too, are on their way to abundance. (I’ll talk more about responsible buying in later blog entries.)

Saving to me is not just about getting a great deal. It’s also not spending money on things I don’t need, minimizing my impulse buying, not having an inkling of interest in keeping up with the Jones, nor have no need for status symbols. My cars are old and paid for and I love them that way. Expensive jewelry or designer purses or clothes, are not only foolish and silly and needy to me, but they diminish abundance, not create it. I feel so lucky that none of these things are important to me.

Although I come from a family with lots of addictions, I’ve been able to control addiction in my life. I would never gamble — I’m too cheap and gambling does not lead to abundance.

Spending even a dollar on a lottery ticket is wasteful to me. It’s not just the money, but the energy in the wishful thinking, that it might bring prosperity that is wasteful. Using that energy and effort to create a real plan to make things happen is so much more useful.

But, maybe I do have an addiction. Maybe I’m addicted to saving.

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About Liz Stauffer

Liz Morningstar Stauffer’s improbable journey—from a divorced mother of two at the age of 34 to a millionaire some 15 years later—has inspired her to create the blog “The Improbable Millionaire," offering tips, advice, stories and support for people on a similar journey—even if they don’t know it yet!

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