J.D. Roth is a pretty famous finance blogger, he is also huge fan of video games -- in particular StarCraft II. Now he's discussing the ways in which he is attempting to combine his love of games with his love of finance. In an interesting blog over at our sister site Lifehacker, J.D. Roth has taken a look at the ways in which we can turn money management into a game.
So yes, it's gamification -- which is becoming an increasingly dirty word -- but if you're looking for ways to help you save and invest, this post may be a worthwhile read.
[M] aking a game out of money management might mean something else. For instance, you might:
Budget $100 for groceries every week. If you spend just $85, then the remaining $15 is yours to spend on whatever you’d like. Make a game out of spending as little as possible on dining out. How far can you stretch your restaurant dollar? What coupons and discounts can you find? Where are the cheap eats that taste good?
Make a paper chain representing your debt. Each time you pay off a certain amount ($100?), cut a link of the chain. Give yourself a “bonus” for completing a “stage”. Maybe you’re trying to pay off debt. Each time you eliminate one debt, you might give yourself some sort of small reward as a “power-up”.
Personally? I like money, and I want more of it, so some of these tips may end up being worthwhile!
How To Turn Money Management Into A Game [Lifehacker]