Are you indulging your inner child?Before you answer, “No”, think about how many times you have wanted the latest iPad, iPhone, or other gadget, a new car, a bigger house, or whatever. Did you deny yourself the item or did you throw caution to the wind, pulled out your credit card and said, “Charge it or finance it”? Even for a moment did you stop and consider the opportunity cost/true cost of consumption of the item you wanted?
Chances are that you did not. You were like a young child at the supermarket or the toy store who sees a candy or toy, asks his/her mother or father for the candy or toy, gets denied, then proceeds to throw a tantrum, stomping their feet and screaming at the top of their lungs, “I WANT IT! I WANT IT NOW!!!” You most likely didn’t stomp your feet and yell out, but inside you were just like that kid you used to be stomping and screaming your desire for that object.
It’s time to grow up and take control of the inner child and stop indulging your inner child. You need to form one simple word with your mouth. It is not a hard word to learn, but boy does it sting when you say it the first few times. Are you ready to say the word? Okay, the word is, “NO”. Just that simple little word will keep you from indulging your inner child. Learn to tell yourself no and learn to save for whatever it is you want and don’t really need. Needs are basic food, clothing, shelter, and transportation. You’ll be happier, healthier, and wiser for denying your inner child instead of indulging your inner child.