Status: Tags: Links: 085 Finances MOC
Good Spending Habits
Principles
- Make prioritized lists for your needs and wants and follow it
- Don’t impulse buy discounts, especially if they aren’t discounts in the first place
- Track receipts and credit card statements
- Helps gain data for reviewing, finding warranties, etc
- Negotiate if you can
- Helps you learn more about the item
- Money is more important then slight irritation
- Consider the actual dollar cost and the cost of Indentured Time
Important Purchase Checklist
- Wait 30 days before purchasing any non-essential items
- Prevents impusle buying
- Evaluate the pros and cons of a purchase
- Do some research and watch reviews of the product
- Sales times
- Potential cheaper/better products