One common mistake we make after landing on our first job is giving ourselves instant snips of the ideal lifestyle we want. We buy a couple more shoes, we give ourselves the latest smartphone on the market, ride our first wheels, etc. We get overwhelmed by the things we can now afford, we spend for an item after an item after an item. I know that you know where this is taking us. Our expenses pile up, and more often than not, all these short term rewards we give ourselves depreciate over time - leaving us with little to nothing in terms of value accumulation.
Another thing we develop over time when we start earning our own money is impulsive buying. We all have this tendency to buy the things we want instantly without really thinking twice about it. However, the actualization of such behavior is only made possible when we have our own money. Now that we can afford to buy the “little” things as we call it, we tend to forget the “ultimate” first on the list, our own house and lot. A common excuse we give is it's too big to achieve early on, or it's too expensive to buy that your salary can’t afford it.
We all can agree that there is nothing wrong with giving self-rewards, but with it are some restrictions. The reward should be lucrative, there should be growth after purchase. Rewards should work like an investment, it should help you grow your garden of income streams. Perhaps your rewards should be investments!