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When we have money we'll do X

blog.antoniocangiano.com

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Re: When we have money we'll do X

#11

Post by sosuke »

There are plenty of scenarios were this is a good way to manage your resources though. When we have money we'll move to a VPS from a shared hosting environment. When we have money we'll stop checking IP to country locations manually and pay for a service that handles that. When we have money we'll be able to reinvest into the company instead of just bleed funds. I'm doing X to work toward this goal.

I want to buy a house, not just any house but the one I want to buy and I'll buy it when I have the money. I'm doing X to work toward this goal.

I want to buy a car, not just any car but the one I want to buy and I'll buy it when I have the money. I'm doing X to work toward this goal.

Re: When we have money we'll do X

#12

Post by nkh »

I encounter a variant of this all the time in modeling projects at my day job, due to the fear of beginning an unknown process (in my case modeling).

Our clients often say things like, "We are not going to start modeling until "x" is completed."

To which I respond: "I'm not leaving my driveway, until all the lights are green."

It usually produces a chuckle, and helps everyone realize that we won't get anywhere sitting around waiting for the stars to align.

Re: When we have money we'll do X

#13

Post by chopsueyar »

nkh wrote: post #12

I encounter a variant of this all the time in modeling projects at my day job, due to the fear of beginning an unknown process (in my case modeling). Our clients often say things like, "We are not going to start modeling until "x" is completed." To which I respond: "I'm not leaving my driveway, until all the lights are green." It usually produces a chuckle, and helps everyone realize that we won't get anywhere sittin…

http://en.wikipedia.org/wiki/2012_phenomenon#Galactic_alignm...

Couldn't resist.

Re: When we have money we'll do X

#15

Post by oceanician »

I think renting stuff makes sense a lot of the time. If you have to over commit yourself so that you can buy, it definitely makes no sense at all. Property is still significantly over valued even though we've been in recession for a couple of years and the future isn't guaranteed to pick up in the next year.

However, the thing with renting is the price goes up. Most years. The thing with buying - assuming you're on a repayment mortgage, is that one day IT WILL BE FREE :) Yours!

That's the attraction of buying to me, as otherwise when you get to 65 you'll still be paying significant rent. Which means you need to save more for your pension. (I'd be interested to see the maths on the how much more?)

Anyways just my 2p.

Re: When we have money we'll do X

#16

Post by GFischer »

It's not bad advice per se, but beware of mortgaging the future to do something today.

As someone heavily in debt, I'd be better off by the opposite advice (learn not to indulge yourself). Also not that good advice for procrastinators (I'm also one)

Re: When we have money we'll do X

#18

Post by eru »

8ren wrote: post #7

Whatever you can do, or dream you can, begin it. Boldness has genius, power, and magic in it! faux-Goethe http://german.about.com/library/blgermyth12.htm

Interesting read. The real Goethe also had some nice lines. There was also a link to "Shakespeare in German" (http://german.about.com/od/literature/a/Shakespeare.htm) on the site you mentioned. Did you know that Germany has the world's oldest Shakespeare Society?

Re: When we have money we'll do X

#20

Post by guynamedloren »

mcargian wrote: post #19

With something like 1 trillion dollars in credit card debt in the U.S. I'm think it's safe to say many aren't "living in the future" at all.

The funny thing is, most of those who contribute to that number are probably still looking forward to what big purchase they can make next.
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