Questions to Ask Before You Buy Anything
Since most of us have to work within a limited budget, it's important to monitor our spending closely. Unfortunately, we all are guilty of impulse buying now and then. To fight off the urge to spend money that you don't have, here are some questions to ask yourself before giving in to that impulse.
Can I Live Without It?
Most impulse buying is associated with wants, not needs. The fact is that wants change. What you desire today may not be so enticing two or three days from now. If you don't need it, put it back.
Does It Do More Than I Need It To Do?
Anyone can get suckered into buying something that does fill a legitimate need, but also comes with a bunch of bells and whistles that will never be used. All those extra features drive up the cost. If you can manage just fine with something that has fewer features and a lower price tag, then do it.
Is It Worth the Price?
That depends. Again, it goes back to needs versus wants. If you need the item and the price is the best you can find, then it is worth it. However, if you think it can be bought cheaper elsewhere, keep looking.
Do I Have Room For It?
Sure, you can always use up a flat of green beans eventually, but is there room to store it while you figure out 24 different ways to prepare green beans? If there is nowhere to store those bargains without turning your home into an obstacle course, the deal isn't so hot after all. Keep the pantry full and let that be enough.
Not all impulse buying is a bad thing. From time to time, you will come across deals on things you truly need and can fit in the house with ease. But before you grab that bargain and make a beeline for the checkout counter, take a moment and ask yourself a few questions. The answers will save a lot of money in the long run.
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