I started investing two months ago, and now whenever I spend $10, I find myself thinking, This could be $100 in a few years if I invested it. How do you manage to make big purchases, like a new gaming PC, without constantly thinking about how that money could be invested for the future?
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I totally get it. I can never buy anything for myself because I am always thinking about the opportunity cost.
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I also try to think of the things I buy as investments.
makes it easier for me to enter the credit card rewards program and earn money while I spend it.
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Since you will be thinking the same way in the “future.” If you are not going to spend the money you earn, what good is it? You ought to relish life.
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When I was younger and had less money, I was an obsessive saver. I’m in my late 30s now, have a good salary, yet I work nonstop. I regret not spending more money on the travels and experiences I skipped when I was younger.
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Setting a budget is essential. You set away money for investments, necessities, and extra enjoyment of life. You follow through on your plan. Your problem is not with investment, rather, it is with budget.
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Honestly, if OP just sets aside a fixed amount every week or month, they won’t have to worry about investing the rest into stocks.
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However, it’s pleasant to add more and watch the excess grow even more. I have been here even shorter, yet I’m in the same place. I continue to monitor my long-term investments daily. Red has been my daily color thus far! It’s also a lovely thing. I will purchase additional shares for my dollar if it turns red. 