Over the past 2 years, it’s becoming a family habit to use these old red envelopes to save up money for things we’re indecisive.
Through the process, I realize there are some benefits.
- Time, at least a month, to think and discuss if this item will bring quality time for us. These discussions circling around improving our life is meaningful. Hey, if not, we can just scrap the idea.
- Financial stress is significantly lower.
- Proud feeling of paying cash. Saving for 3 months is very different from buying with credit card and paying off in 3 months.