Make Investments, Not Purchases
My wife and I rarely give gifts to each other.
Our birthdays are a day apart so we end up just buying something we want or need. The same goes for our anniversary (which happens to be this week).
This week we dropped $350 on our gift to ourselves: a 690 series iRobot Roomba.
I don’t classify this as a purchase but rather an investment.
The Roomba saves me time from sweeping and vacuuming our apartment. It gives me the peace of mind that I will have clean floors day in and day out (even with two cats and a toddler).
I set a schedule on my phone and that’s it. No more sweeping, no more vacuuming. Just glistening hardwood floors.
As I’ve gotten older I’ve shifted my thinking around spending money. Younger Declan was frugal, a penny pincher. Older Declan scrutinizes every product or service.
Does this save me time?
Does this make me money?
Doesn’t this give me peace of mind or more freedom?
$350 is a lot of money for our family. But our Roomba is an investment, not a purchase. So I don’t feel bad.
The same goes for books, courses, food, virtual assistants, and almost any type of technology.