Impulsive purchases are one of the biggest enemies of saving as well the instant payday loans. And especially in the shopping season when our ads are attacking everywhere, and traders are fighting everywhere to get our attention. Including huge discounts on black Friday, cyber Mondays and Christmas promotions. What should we do?
Questions for postponement
Whenever you want to buy something, ask yourself, is this right now? If the answer does not imply that you have to buy immediately, postpone – one day, one week, even a month. If you have not changed your mind after this period, you can already afford your purchase.
Other issues that may postpone or even cancel the purchase are: Does the purchase match my life goals? Will it make my life easier in any way? Will I feel better and will I regret it after time?
The rule 10/10/10/10
This rule is … Read the rest