One of the most perpetual lies people tell each other is that you have to spend money to make money. Many entrepreneurs, for example, believe that they should invest a lot of money and effort into their business before it will take off even though there’s no empiral evidence to support this claim. While I’m a firm believer that you shouldn’t spend money to make money, I am going to do so anyway. In fact, I already did.
In July of last year I unleashed my very first blog post onto the world. Being relatively new to both our community and blogging as a whole, I couldn’t think of anything better than a standard income and expenses report. Over time those monthly savings rates posts took the central stage in my blogging effort, nicely complemented by other subjects like index funds, dividend growth strategies, and financial independence ramblings. Today I publish my 100th post.
It’s been awfully quiet on this blog for the past few days, wouldn’t you say? It’s true that I finally posted my initial list of European dividend growth stocks, but after that nothing. I didn’t even take the time to respond to your much appreciated comments and e-mails. Unlike many other bloggers I’m not bored of maintaining this blog though – not at all! – I just took a couple of days off. Here’s why.
Guess what? I just signed up for a dance class. We’ll put that one in the category of “never say never”, although I must admit that had I known it was this easy to meet girls, I would have started my first dancing class years ago. In all seriousness though, a strange combination of events and a “what the hell” moment made me give up my autograph and plunk down a big wad of cash for something I never thought I’d do.
After setting record breaking savings rates the past few months it seems I am being tested. Heavily. And yes, the flesh is weak. As a result, I splurged a couple of days ago and cut my November savings rate by at least 12.5%. And it’s not over yet! How can this be? Two things have happened.