I just got done spending $465,000 in the last 30 days, and boy is my wallet tired.
Actually, I spent this money playing something called the Prosperity Game, where you receive a pretend deposit every day, and then your "job" is to spend it that day. I started with $1,000 on Day 1, then increased that amount $1,000 a day for 30 days. In total, I spent $46,500 playing the Prosperity Game.
I describe this process in detail in Episode 81 and Episode 82.
Today, I share my insights on how it went. In this show, I talk about what I spent the money on, and why I made those decisions.
In tomorrow's show, I'll sum up my insights on the whole process, and also share whether I'm going to continue playing the game.
As always, thanks for listening!
You can find me here:
WEBSITE: https://www.thorchallgren.com
IG: https://www.instagram.com/thorchallgren
You can find me here:
WEBSITE: https://www.thorchallgren.com
IG: https://www.instagram.com/thorchallgren
I just spent $465,000 In the last 30 days, and today, I'm going to tell you all about it.
Welcome to Every Day A New Thought. I'm Thor Challgren. In episodes 81 and 82 of the show I described, something I was about to embark on called the Prosperity Game. This is a an imaginary game where you pretend to spend money over a period of time, in this case, 30 days. And the way that I played it was starting on that first day, I would spend $1,000, and then I would increase it each day. And really, the only rule was that you kind of had to try and spend the money each day.
So what you're doing is you're raising your prosperity consciousness, to think of yourself as being someone who has that amount of money. So if you do this for 30 days, you will end up having spent $465,000. I recently completed the game.
And in today's episode, and tomorrow, I'm going to tell you what I learned not only about the game myself, insights I had and whether or not I would continue playing this.
So today, I want to share what I spent the money on and also more importantly, why I ended up making that choice, then tomorrow, I'll share my insights overall on what I learned about playing the game, and about myself.
So the biggest category of expenditure that I ended up having of the $465,000 was, I paid off the mortgage for the house. And I wasn't really sure in the beginning, if I was going to do that. And I'll tell you kind of how it went for me. The first point where I had enough where I could make one mortgage payment in advance, I did that. So that was maybe like day three or four, I just said you know what I'm gonna pay the next month off. And then a couple of days later, I was in a position where I had enough where I could pay two months.
So now at this point, I'm starting to think about how I have bought freedom for us, for my wife, and myself by not having that expenditure, three months down the road. Then I got to a point where I thought, well, wouldn't it be nice to like have the mortgage paid off for the entire year for all of '23. So at that point, I had made that payment. So then that was exciting, because now what I was really starting to think about was, when you don't have that mortgage payment, you can think of your time as your own, you're not earning money to pay off the mortgage, you could start to think about what do I really want to do with that time, then I got to a point where somewhere maybe in the middle of the program, where I really started to accrue significant amounts of money that I just didn't know how to spend. And I'll share more about that insight tomorrow. But I got to a point where I thought you know what I could like pay off the entire mortgage. And that got really excited. So there was a point where I paid one huge lump sum, and then a second huge lump sum. And that essentially meant that we no longer had a mortgage.
Now, I will say that if I had this actual amount of money, I might have consulted with our accountant to say, is this the best plan? I mean, I still think it probably is I liked the idea of having that freedom from having to have a mortgage payment. But I'd ask for information and advice from a professional to make sure the tax liability isn't messing us up. So that was the first big thing I did.
The second probably biggest category was I had one vacation. And I'll tell you about this vacation. So on July 8 of this year, I'm going to Hawaii for two and a half weeks, and I'm going to sit at a Ritz Carlton, and I'm going to fly their first class. And I have all the things in mind of what this vacation is going to be. And what's fascinating is I picked actual dates. And at first I was only going to go for two weeks and then I started thinking about it. And I thought you know what, I want to have two actual full weekends there. So then I added on four days, but I really looked at this as the room we would stay in and I actually got a room that had a kitchen and stuff because I thought well that's kind of it wasn't like a complete vacation where I was going to lay around the pool I was actually thinking about this as a almost like a work retreat, going to an amazing destination and having an experience where during the day I could work on what I want to do in the future in the next year or two but then also have this amazing destination where at five o'clock I could go down to the beach or I could go for a ride arouND the island on the weekend, so I wanted it to feel real. So I actually picked out the exact room category would stay in. I also picked out the actual flights that we would be on, again, didn't buy, but I looked at on Delta Airlines, I'm like, This is what that seat looks like, this is what first class looks like. I also then figured out well, when we get there, we're going to spend money. So I actually figured out what's a per diem? Like, how much would I budget to spend per day on things like eating out or getting a massage or things like that. So that's probably the second biggest category. And I will say that, if I were to do that, it would be the most expensive vacation I'd ever taken. And I didn't really have a lot of resistance around that, like that felt okay to me. And even though it would be the longest vacation I've ever had in my life, well, maybe in the last 15 years, for sure. I felt okay with that.
So in terms of stuff that I bought, I didn't really buy a ton of stuff. The first day, I bought some clothing. I bought a new refrigerator early on when when I had maybe like three or $4,000. I also gave some money, gave some money to my daughter to help her get settled in New York. So that felt good. I gave some money to charity also made contributions to my spiritual center. So overall, the two biggest things were paying off the mortgage, and then a really nice vacation. So what are some things that I didn't buy? Well, I didn't go away every weekend. And that was kind of fascinating to me, because at first I thought, well, you know, I probably like, Go away every weekend. But I realized that part of the way I was playing this was I was still thinking of my life in reality, which is that I work at my spiritual center on Sunday. So it wasn't going to actually work for me to go away on the weekend, and my wife still has her job. So that wasn't practical. So I didn't splurge on stuff like that, which I thought I might have. I also chose not to buy anything on installment even though I suppose technically I could have.
So big thing I-- I imagined that I might buy a car at some point. And yet I didn't. Because I kind of wasn't sure what kind of car I'd want. And I wasn't sure how much I wanted to spend. And though I could potentially have bought it on installment I decided not to even though the point of this game is that every day you have ever increasing amounts of money. So it wasn't that I thought, Oh, I won't have money in the future to make the payments. It's just it wasn't how I was wired. I suspect in the future, I might buy a car. But for this first 30 days I didn't. I only paid for things that I would pay for in cash. So I didn't take on any any debt or any installments.
So that's what I spent my money on in the first 30 days how I spent $465,000. In tomorrow's episode, I'm going to share three insights from the overall experience and also share whether I would continue the exercise and if so, would I start back at the beginning? Or would I keep going with $30,000 and move upwards from there? That's the episode for today. If you liked the show, please hit like if you're watching on YouTube if you're listening to the podcast, thank you so much. Please consider subscribing or following the show on your favorite podcast app until tomorrow. Thanks for listening.
Transcribed by https://otter.ai