Comments on: Get Motivated: Pay Yourself (A Message from My Mentor) http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/ It's like reality TV. Except it's real. And there's no TV. Fri, 04 Mar 2022 03:21:11 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Aaron Davidson http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659714 Aaron Davidson Sun, 01 Feb 2015 18:07:19 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659714 Pay yourself first, and pay yourself in beer! Pay yourself first, and pay yourself in beer!

]]> By: BIKELEPTIC http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659675 BIKELEPTIC Sat, 31 Jan 2015 21:14:03 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659675 this is the uplift I needed right now. I teach time management and basic money management workshops to my clients at the residential facility and we've been reshaping our materials. Not only that, Brad and I have been working on our goals. I was putting aside 4% of every paycheck into my savings account; but he showed me the 52 week challenge, and I realized I could actually save MORE throughout the year and it would be substantially less noticeable for me. Living hand-to-mouth (partially self imposed because I spend all my spare change on parts and entry fees) makes for some creative resourcing. I really appreciate you sharing this at the beginning of the year! Yay for fresh starts! this is the uplift I needed right now.
I teach time management and basic money management workshops to my clients at the residential facility and we’ve been reshaping our materials. Not only that, Brad and I have been working on our goals. I was putting aside 4% of every paycheck into my savings account; but he showed me the 52 week challenge, and I realized I could actually save MORE throughout the year and it would be substantially less noticeable for me.

Living hand-to-mouth (partially self imposed because I spend all my spare change on parts and entry fees) makes for some creative resourcing. I really appreciate you sharing this at the beginning of the year! Yay for fresh starts!

]]> By: J http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659387 J Tue, 27 Jan 2015 22:12:39 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659387 I have found that setting the reward cash aside for a new bike part helps with incentives. Also, just being alive after completing a session with MaxCapacity (app for your phone) at 4 in the morning is a wonderful reward within itself. Especially if I can make it up the stairs afterwards. I have found that setting the reward cash aside for a new bike part helps with incentives. Also, just being alive after completing a session with MaxCapacity (app for your phone) at 4 in the morning is a wonderful reward within itself. Especially if I can make it up the stairs afterwards.

]]> By: Brian in VA http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659381 Brian in VA Tue, 27 Jan 2015 19:43:25 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659381 That's a great methodology! I'll have to get my best friend, who just quit smoking, to make that pledge to the NRA. He'd never pick up another! That’s a great methodology! I’ll have to get my best friend, who just quit smoking, to make that pledge to the NRA. He’d never pick up another!

]]> By: David Lazar http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659377 David Lazar Tue, 27 Jan 2015 17:11:07 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659377 @Danny - I will contact you offline re Science. @Steven - Thanks for the references re Ulysses Pact and Freakonomics. -D @Danny – I will contact you offline re Science.
@Steven – Thanks for the references re Ulysses Pact and Freakonomics.
-D

]]> By: Steven Soto http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659359 Steven Soto Tue, 27 Jan 2015 13:59:19 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659359 I like the use of a commitment device (the money in this case). Another thing that works really well is public knowledge of your commitment device. In my case, I have a friend that would love to see money go to the NRA, and he would keep me honest, so I would tell him about it. The telling him about it is my "Ulysses Pact", a powerful commitment device. Freakonomics has done a podcast on commitment devices, but I don't think that they mentioned the Ulysses Pact specifically. One woman told her story about quitting smoking. She told her friend (who was trying to get her to quit smoking) that if she smoked again, she would give $1,000 to the KKK. She never smoked again. I like the use of a commitment device (the money in this case). Another thing that works really well is public knowledge of your commitment device. In my case, I have a friend that would love to see money go to the NRA, and he would keep me honest, so I would tell him about it.

The telling him about it is my “Ulysses Pact”, a powerful commitment device. Freakonomics has done a podcast on commitment devices, but I don’t think that they mentioned the Ulysses Pact specifically. One woman told her story about quitting smoking. She told her friend (who was trying to get her to quit smoking) that if she smoked again, she would give $1,000 to the KKK. She never smoked again.

]]> By: clydesteve http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659338 clydesteve Tue, 27 Jan 2015 06:43:14 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659338 @Dave Lazar - Well yeah, I <i>knew</i> Elden used to <i>write for</i> a magazine <i>about</i> programming, it was just the actual programming of magazines that got me excited. The flaming bev. shot, BTW is pretty exceptional. @Dave Lazar – Well yeah, I knew Elden used to write for a magazine about programming, it was just the actual programming of magazines that got me excited.

The flaming bev. shot, BTW is pretty exceptional.

]]> By: Danny of Beeminder http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659335 Danny of Beeminder Tue, 27 Jan 2015 05:16:52 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659335 To anyone who's done this and paid money to a cause they personally detested, can I ask you some questions? For science? (I'm being serious here!) To anyone who’s done this and paid money to a cause they personally detested, can I ask you some questions? For science? (I’m being serious here!)

]]> By: Jeff Bike http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659323 Jeff Bike Mon, 26 Jan 2015 23:10:44 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659323 Can I borrow a $100? Can I borrow a $100?

]]> By: David Lazar http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/comment-page-1/#comment-659312 David Lazar Mon, 26 Jan 2015 22:26:54 +0000 http://www.fatcyclist.com/2015/01/26/get-motivated-pay-yourself-a-message-from-my-mentor/#comment-659312 Hey @Clydesteve - Fatty has many previously undisclosed skills! The magazine in question was the "Visual Basic Programmer's Journal." Fatty wasted many hours chasing my team and I trying to land juicy quotes and world-changing secrets. Here's a shot of me drinking a flaming beverage from one of the mugs he used as a bribe![img]https://cyclodavid.files.wordpress.com/2014/12/david-starbucks-vbits-e1422311401763.jpg[/img] Hey @Clydesteve – Fatty has many previously undisclosed skills! The magazine in question was the “Visual Basic Programmer’s Journal.” Fatty wasted many hours chasing my team and I trying to land juicy quotes and world-changing secrets. Here’s a shot of me drinking a flaming beverage from one of the mugs he used as a bribe!david-starbucks-vbits-e1422311401763.jpg

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