Here’s a flow chart of what takes place in my head before I decide to spend money.
And yes, I usually do eat Chipotle twice a week.
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Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.
He quit his day job as a data scientist in 2019 because he was able to earn enough income from profitable websites to replace his salary. He now teaches people how to start and grow their own profitable websites from scratch in the Income Community.
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I love that there’s an entire category devoted to Chipotle!
Chipotle is by far my greatest weakness…it’s a testament to how much I value their food
Love it! Creative, and very well thought out. Looks like you should buy some Chipotle stock…..(how can you add THAT into your flowchart?).
Funny enough, I have considered buying their stock in the past, but I hesitate to buy any individual stock with crazy high P/E ratios like Chipotle. I can’t get enough of their food though, so I’ll continue to support them with my money!
I’ve got a money flow chart that I made when I first got into FIRE world. This is awesome. Concerned one quarter of your decision making process is about a certain fast food place though. 🙂
It is slightly concerning, although I rationalize it because I spend virtually nothing on technology, clothing, or other restaurants. My “discretionary spending” is almost strictly limited to Chipotle. I’m a big believer in only spending on what brings me joy…and Chipotle brings me an unusual amount of joy!
Useful and logical! I like the technology one.
The tech one has actually saved me quite a bit of money on technology I thought I needed, but later realized that I was fine living without it…just like I had been before it was invented 🙂
That is awesome!
Thank you! I’m glad you like it 🙂
Lol love the Chipotle dedication, I’m the same way 🙂
It’s nice to hear there are other die-hard Chipotle fans out there!
“Did you have enough time and devotion to saving money that you made a flow chart?”
No – Go make a flow chart.
Yes – You probably were already going to save your money!
Awesome chart!
You make a good point…anyone crazy enough to make a flowchart to explain their spending patterns is probably crazy enough to already be decent at saving money…and you’re right! Haha thanks for the kind words, Josh!