Scrimping

In order to buy a business in 2006 I sold my Toyota Corolla. It was only worth a few thousand dollars, but it helped in the very rough first months.

I scrimped to build an asset. Other times my family has scrimped to save for a dream vacation.

When the business became an asset, I bought my dream car (Lexus LS400) as a reward for my earlier discipline.

I advocate scrimping only for short spurts. Life is too short to scrimp for years.

And make sure to reward yourself for scrimping.