Saving the money I used to use on wine
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Thread Starter
Join Date: Apr 2017
Location: Norway
Posts: 75
Saving the money I used to use on wine
Here is part of my plan:
I live in Norway- feeding an alcoholic (me) is very expensive here. A few days before I closed the drinking chapter in my life, I calculated how mutch I could save by stopping my habit.
My plan is to buy stock founds for the same amount every month. The point is to put the money where it is not so easy to withdraw. This way I will be out of debts in 13 months.
I get thrilled by the idea to be sober and with positive numbers on my bank accounts. That is FREEDOM to me
Best regards from Norway folks!
I live in Norway- feeding an alcoholic (me) is very expensive here. A few days before I closed the drinking chapter in my life, I calculated how mutch I could save by stopping my habit.
My plan is to buy stock founds for the same amount every month. The point is to put the money where it is not so easy to withdraw. This way I will be out of debts in 13 months.
I get thrilled by the idea to be sober and with positive numbers on my bank accounts. That is FREEDOM to me
Best regards from Norway folks!
bona fido dog-lover
Join Date: Mar 2008
Location: SF Bay area, CA
Posts: 99,776
That is a much better use of your money than buying/drinking wine.
My eldest daughter has spent time in Norway years ago as a student. She met a lot of our distant relatives and had a great time there. She's got the same name as my paternal grandmother so she was welcomed everywhere she went.
My eldest daughter has spent time in Norway years ago as a student. She met a lot of our distant relatives and had a great time there.
She's got the same name as my paternal grandmother so she was welcomed everywhere she went. Member
Join Date: Jan 2017
Posts: 774
Hi Skybert, I am from Ireland. I have never visited your beautiful country but would love to. Yes I have read that alcohol is quite difficult and expensive to purchase in Norway, compared to most of the rest of Europe. I spend 'only' €90 a week on my drinking habit in Ireland, which is otherwise an expensive country.
bona fido dog-lover
Join Date: Mar 2008
Location: SF Bay area, CA
Posts: 99,776
When she went, my mother tried to discourage her from going, saying she'll not have money to live. But she went to college for almost a year and gained weight due to all our relatives feeding her when she'd visit!
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Join Date: Apr 2017
Location: Norway
Posts: 75
Originally Posted by MaximusD 
Sky, do you not risk losing it in that? Used to be a banker so this is my thing.
It is medium risk, and with a horizon of five to ten years, it is quite safe.
Problem is that we have negative interest on savings accounts in Norway at the moment.
I think I can take this risk. Earlier this money was doomned to total distruction of both health and relations
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Join Date: Apr 2017
Location: Norway
Posts: 75
Originally Posted by sortofhomecomin
Hi Skybert, I am from Ireland. I have never visited your beautiful country but would love to. Yes I have read that alcohol is quite difficult and expensive to purchase in Norway, compared to most of the rest of Europe. I spend 'only' €90 a week on my drinking habit in Ireland, which is otherwise an expensive country.
90 euros is considerable. The last months of my habit, I turned 170...euros. Embarrassing...
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Join Date: Apr 2017
Location: Norway
Posts: 75
Originally Posted by least
When she went, my mother tried to discourage her from going, saying she'll not have money to live. But she went to college for almost a year and gained weight due to all our relatives feeding her when she'd visit!
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Join Date: Jan 2020
Posts: 62
I had this plan a while back then thought about it.
I'm just going to pay down debt myself, but if you go that way that's your decision.
Usually it's not recommended since debt has interest usually. At least my debt does.
I'm just going to pay down debt myself, but if you go that way that's your decision.
Usually it's not recommended since debt has interest usually. At least my debt does.
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Thread Starter
Join Date: Apr 2017
Location: Norway
Posts: 75
Originally Posted by Mathematics
I had this plan a while back then thought about it.
I'm just going to pay down debt myself, but if you go that way that's your decision.
Usually it's not recommended since debt has interest usually. At least my debt does.
I'm just going to pay down debt myself, but if you go that way that's your decision.
Usually it's not recommended since debt has interest usually. At least my debt does.
Member
Thread Starter
Join Date: Apr 2017
Location: Norway
Posts: 75
Originally Posted by Kjma
That sounds like a fabulous plan! Be sure to post again when, because you quit drinking, you were able to get debt free!! For me, that is a huge motivator.
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