One of the things that I observed of my peers is that it is easy to get tired of living and playing in Singapore. That is why going overseas for a vacation is always necessary.
The vacation not just act as a breakaway from work, but they served as achievement markers.
So they engaged in a game of collecting these achievements, visit Korea, Hong Kong, Vietnam. Then the big achievements is to travel to Europe and the USA.
When money is tight not hitting these achievements would prove detrimental, as they felt their life lack meaning.
In a certain sense, our financial life is also like that. There are small achievements and there are large achievements.
Many only observe the large achievements and never got started because, the achievements were too large. I would also want to have $1 million, but we cannot have it overnight.
They say that it is that enjoying the process is sometimes what makes it worth while, and its good to track and celebrate the little markers along the way to keep things interesting, find out if you need to deviate your path financially, whether you need to back track.
You realize that if you can realize so much financial goals in the past along the way, you can achieve the same if not much more going forward.
The graphic below shows an example of little achievements along the way that, in each itself is not difficult to achieve, and when they add up, you get to celebrate many major life achievements.
Sometimes when you say life is not interesting enough for you, perhaps you need to look at life a little differently.
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Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Insurance Start-up Havend. All opinions on Investment Moats are his own and does not represent the views of Providend.
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Andrew M
Monday 20th of July 2015
you forgot the " .... PROFIT! " at the end there :P
Kyith
Wednesday 22nd of July 2015
Hey Andrew M,
Yes thats right! but i have to end this lengthy example somewhere!
Andrew Fiebert
Wednesday 22nd of July 2015
That's what my jeweler screamed in year 3 after "She said yes" ;)
LP
Monday 13th of July 2015
Agree. The game of savings itself is the motivation as well as the goal. There's no need for additional 'outside' reward if u gamify it. I'm doing that too to my exercise training. Doing 20 pullups consecutively for 20 days, or 20 pushup for 20 days etc. It spices things up and makes u want to avoid breaking the streak.
Kyith
Wednesday 15th of July 2015
Yup. The alternative streak in itself is not to break a streak more than 2 days or 2 times
Tak
Monday 13th of July 2015
Good stuff! It's like unlocking those achievements in games, with high level challenges and rewards as you progress (=
Kyith
Monday 13th of July 2015
Yup. Its just that i don't have time to design nice Achievement Unlock images!