My daughter loves the musical Hamilton. Listening to her sing along at the top of her lungs fills me with joy – I choke up and my eyes leak.
Yesterday we were in the car singing along and she began a sentence, “Dad when we go to Hamilton…”
After finishing that little conversation she turned to me and cheekily asked, ” did you notice I said ‘when we go’ not ‘if we go’? Because we are going!”
My daughter is in high school; she doesn’t earn any money. She’s relying on her financial backers (aka parents) to bring her declaration to life.
It still warms my heart remembering when I took my children to watch the musical, Matilda many years ago. And some of my fondest memories from my youth are watching the blockbuster musicals of Cats, Les Miserables and Phantom of the Opera with my family.
So, I love the idea of a family holiday to see Hamilton.
But it will be years before the live stage show makes it to Perth, so I suspect my daughter expects that we’ll travel to Sydney as soon as we can. And that’s not a cheap trip.
I imagine you also have experiences that you know will be meaningful and so you intend to make them happen.
For experiences that are so meaningful as to be essential to you plan ahead to afford them without borrowing. Every dollar of interest you pay is a dollar less you get to spend on the experience.
Importantly, bring the plan to life by prioritising automatically saving for each essential experience using a separate account, with a dedicated nickname tied to the goal.
It looks like I need to update my system to include saving for Hamilton. It’ll be worth it.