How Would I Feel About This Tomorrow?
Have you ever made one of those impulse purchases that you almost immediately regret? Think about a chia pet, a fidget spinner or a banana slicer…
Maybe it wasn’t a banana slicer, but we’ve probably all experienced buyer’s remorse.
One of the most practical, but helpful savings tips, is to ask yourself before each purchase, “how will I feel about this next year”….or maybe, “how will my spouse feel about this tomorrow?” – or better yet, “how many hours would I have to work to pay for this?”
Now, you do have to be honest with yourself, but that question can help you save a lot of money and avoid buyer’s remorse. So the next time you pick up an avocado slicer, remember that where your treasure is, your heart is too.
For more help with your finances, visit crown.org/money