Mar 2, 2008

What silly things do you do to stay motivated?

Story Girl wrote that she was feeling frustrated because the "extra" money she expected to have each month kept disappearing - this month it went to her husband's car, which needed new tires. I wanted to encourage her, so I left her a comment, part of which I thought you might find amusing:
Once in a while, I'll log into my 401(k) account just to see the balance and put a smile on my face. I've been invested for long enough (and am diversified enough) that even with the decline in the market, I have a net gain. So I look at the number I've invested over the years (it's listed as the amount I can take out as a loan), and then the total balance, and I can see how much I've made just by contributing every month. It's pretty satisfying.
I feel silly admitting this, but it really is something I do sometimes.

Are there any other confessions?

1 comment:

MEG said...

I do the same thing! :-) My Vanguard account online shows two lines in a chart: blue for what you've contributed and orange for market value. Every month when the account updates I eagerly log on to make sure - and revel in the fact - that the orange line is much higher than the blue, and that both are trending upwards.

It's reassuring and motivating in a way. Of course I also revel in fantasies that if I really wanted to I could afford to quit my job, head to the airport, and move to an exotic locale or travel for a year. Such fantasies pacify me when I wonder what it's all worth and why I work so hard.