Payback Time: Splurging Theme

On Tuesday, I suggested providing inexpensive yummy food for your Payback Time investing club. Today I’m going for the full opposite, 180 degrees, diametrically opposed idea of creating a gourmet spread filled with specialty ingredients and using careful preparation.

http://www.atwoodlakeresort.com/atwoodlakeresortimages/index-1.htm

http://www.atwoodlakeresort.com/atwoodlakeresortimages/index-1.htm

Here’s why: the entire point of Rule #1/Payback Time investing is to become independently wealthy. Ssometimes we need to remind ourselves what we’re working towards.

louboutin-1

Christian Louboutins: LOVE.

An evening of only the finest will give everyone a taste of what their goal. Furthermore, if you are someone who likes to cook and serve special dishes, wealth means being able to do so because it will give you options – so you’ll enjoy this even more.

Some of the following ideas are from my decadent Casino Inspiration menu, and the rest are new. Remember, this is about what is meaningful to you. If wealth means fine chocolate to you, buy some. If it means pretty plates and lots of flowers, focus on that. And if it means saving, use yesterday’s ideas ;)

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Payback Time: Saving Theme

With Payback Time coming out today, lots of investing clubs are going to want to discuss the book (already the number one bestseller on amazon.com from presales alone!). Having people to talk to about your ideas, to check your numbers with when you’re analyzing a company, to talk to out loud about why you think a company is a good or bad bet can not only ensure you’re investing in Rule #1-worthy companies, but also force you to stay vigilant with your math and articulate your reasons for investing. Nothing like peer pressure to force you to get something done. (And I am a master procrastinator, so I know.)

procrastination

Ha! I couldn’t resist.

What do you need at a meeting like that? Food. And themed food is always better than non-themed food, in my opinion. Every day I’m going to post a new theme idea for investing clubs and book clubs to throw fantastic Payback Time meetings.

The first idea: This book is about saving money and then making money with the money you’ve saved. Continue the theme of the book by saving your money on food. Don’t buy expensive ingredients, don’t put out the caviar for your investing club, and don’t spend time (remember, wealth = time) elaborately cooking. Save by buying inexpensive ingredients and put out yummy classic food that’s beautifully presented.

www.smacnyc.com/home.html

www.smacnyc.com/home.html

It’s a gathering, not a dinner, but you don’t have to be limited to finger food. A nice mix of appetizers and easy-to-eat food with a fork works when your guests are settled into the couch.

  • Mac and cheese. Everyone loves it, and it’s cheap cheap cheap and tasty tasty tasty. Buy the old fashioned bad-for-you kind and give everyone a guilty pleasure they don’t get enough of.
  • Spinach Salad with Slumped Mushrooms. Rachael Ray recipe for under $10.
  • Nachos. Chips and cheese melted in the microwave, salsa for dipping on the side. Done.
  • Spinach-Artichoke Dip – either make your own or buy from Trader Joe’s (if you have one near you). Party classic, and it can also go with the nachos.
  • Chex Mix. Obviously.
  • My dip and veggies.
  • Potato chips with toppings
  • Deviled eggs.
  • Chocolate French Toast. For dessert.
  • Brownies from a box. Which are the best kind anyway.

Of course, there are tons more ideas for yummy inexpensive easy party food for a Payback Time party – these are a few to get you started. Now go play!

    Wealthy in Time

    Tim Ferriss, who wrote The 4-Hour Workweek, has a great eponymous blog subtitled “Experiments in Lifestyle Design” – which is a fantastic way of saying that you aren’t locked into your life. When it’s time to change, change.

    http://www.themillionairesecrets.net/how-to-change-your-life-in-21-days/

    http://www.themillionairesecrets.net/how-to-change-your-life-in-21-days/

    Mr. Ferriss posted video of Rolf Potts, who wrote Vagabonding about long-term travel, giving a speech about principles of travel that also apply to life at home. His primary idea is to think of wealth as time – time to do exactly what you want, time to spend with loved ones, time to enjoy yourself. I’ve always thought of having financial wealth as a tool for creating time and options, and his point just skips the middleman. Wealth = time. I recommend watching the video, it’s worth five minutes of your day.

    I’m particularly struck by this thought right now, I think, because I’m about to graduate from grad school and trying to decide what I want to do with myself. There’s a world of possibilities and huge change is intrinsic to every option. It’s just one of those times in life, which seem to come along every few years for me, when a huge upheaval is circumstantially necessary – and I’m actually feeling pretty ready for it.

    For me, wealth and time means being able to spend time with people I love doing something I love – which is, many times, having people over and cooking for them. It doesn’t have to be a huge deal, and (while I know I spend lots of money and time on special little ridiculous tablescapes becauase I enjoy it so much) all you need is some food on a plate and people you like to have a great evening. Simplicity works and baggage just weighs you down; not only in design, but in the rest of life.

    dad

    In this vein, my father’s book Payback Time is coming out tomorrow, and the entire point of the book is that we can all create enough wealth for ourselves that we don’t have to depend on anyone else and can do whatever we like with our time.

    I’m devoting BB&B this week to a series of menus based on Payback Time, from an elaborate dinner to appetizers for someone who would rather spend their precious time doing something other than cooking. Investing is usually a solitary activity, but talking about ideas with other people can not only make it a lot more fun, it can generate ideas you might not have ever come across. At it’s heart, this blog is about doing what you love, and I hope these ideas will inspire you to find the time (and wealth) to do what you love.

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