I'm doing it this year but in London. I believe it all goes down to this: are you really working on this to get some money for your startup or are you just making money for yourself?
For me it's definitely the first option, couldn't care less about making more or less money right now.
Exactly! People will be buying houses and fancy cars and bottles of liquor at clubs for $250 - but you need to realize that what your doing is more important.
It's hard though. People will tell u that real estate s a much better option etc... Just keep your eye on the prize.
I'm on this journey with two friends and they just waste all the money on expensive restaurants and wine, it's crazy. Then they will say something like "Yeah but this bill is only x hours of work!" but then you end up with almost no money because when you don't know how to save then it's really easy to waste it all that way.
Now I'm just the opposite, I have a really hard time wasting money. By now I never had so much money in my life and still I'm completely unable to buy a Macbook Air* or something similar... I've been having some hard time trying to make my brain understand that it is quite okay to pay $30 for some dinner every once in a while. Does anyone else have this "problem"?
* Which, by my friends' reasoning, is just three days of work, at most.
Yes, or at least used to: I outgrew it. I think part of it came from being raised by a single mom and being very aware of how important money was. Once I had more of it than I needed, I simply didn't know what else to do besides bank it or invest it and the thought of spending made me break out in hives.
At some point, though, you realize that having nice things doesn't mean you're wasting your money or that you're going to be homeless next week. Life is about balance. Be good to yourself, but be careful.
If you have less time than money and getting more time gives you more money (even in indirect ways such as more/better sleep, exercise and food =better work), it just becomes a business decision.
For me it's definitely the first option, couldn't care less about making more or less money right now.