It's easy to fall in love with an item when you're out shopping and find a way to justify purchasing it. But before making a rash purchase, try to think of at least five reasons reasons why you don't need to buy it.
Image: Jag_cz (Shutterstock)
Trent at The Simple Dollar perfectly describes that moment when we decide we need to buy something frivolous.
I'll pick up an item and, on some level, decide almost instantly I'm going to buy it. My conscious mind then starts filling in reasons for that purchase, and before I know it, I'm in the parking lot holding a bag in my hand.
It's that moment where you're standing there giving yourself reasons to buy it that you really need to focus on, because that's the moment where you can turn the tables on frivolous purchases.
Trent suggests thinking of five good reasons not to take make the purchase. Could you find the item for a lower price elsewhere, or will it be cheaper in a few months? Could you make do without it? Are there any good DIY options available to accomplish the same thing? If your justifications can still overcome the five potential cons that you come up with, then you'll be less likely to regret the decision later.
Stop Justifying Your Spending Yes's [The Simple Dollar]