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Sunday, June 22, 2014

The Ice Cream Rule Helps You Save Without Feeling Deprived

The Ice Cream Rule Helps You Save Without Feeling Deprived


Putting away money for the future can be difficult. MoneyCrush suggests thinking of saving like sharing a bowl of ice cream with a friend.


When we share ice cream, we rarely worry about the bite we didn't get:



Most of us don't sit around thinking about how deprived we are because we gave a bite of ice cream to our friend. We don't think of that as "cutting back", and we don't go around talking about how we're "giving up a spoonful of ice cream" as our New Year's resolution.


Instead, most of us wouldn't give it a second thought, and we certainly wouldn't notice the spoonful we didn't eat.


But a spoonful of ice cream is about 10% of two average-sized scoops of ice cream.



If you think about saving 10% of your income like you are sharing a bit with your future self, saving becomes a lot easier.


Use the Power of a Bowl of Ice Cream to Secure Your Financial Future | MoneyCrush via Rock Star Finance


Photo by taylor n.


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