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I tend to take a look at interest as 'free money' and enjoy receiving it: that's a trick that worked better in my youth, when savings earned noticeable interest

My own trick is to treat things like dividends, interest and rental income as only being spendable on the same type of investment, i.e. I can use dividends to buy more shares but I can't use them to buy dinner. Surplus-to-expenses rental income has its own savings account, away from the rental property account. Any bank interest received goes towards whatever is the purpose of that bank account, so interest received by the car repairs/insurance fund becomes part of the fund.

This sort of quarantine helps me save up for the next item, since I don't view it as my money-to-spend. My only money-to-spend comes from my salary.

- Pam
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