There’s no question that the world has gotten more expensive in recent years. Between inflation and rising rent, it can be hard to find money for anything but groceries and necessities. If you’ve got your eye on something pricey but don’t know if you can afford it, read on for some tips.
Give Yourself Time to Think About It – And the Money
When you want to buy something expensive, take your time. Don’t just rush out and purchase it on a whim or because everyone else has it.
Let the idea simmer in your mind before deciding whether that’s really what you want. If you can borrow a similar item from someone else until you have money saved up, go ahead and do so.
That way, there’s no guilt associated with returning the item when it comes time to pay for it yourself! If someone offers this kind of service (and they probably will), don’t feel bad about taking advantage of their generosity; they’re more than happy to help!
Only Buy Things You Actually Need
This is a lesson that’s best learned through experience. When you buy something, ask yourself if it was truly a need or just something you wanted. If it was a want, don’t let the guilt get you down.
Do your best not to do it again in the future! There are plenty of other things out there that could be more useful than what you’ve bought. If this happens more than once, then perhaps you should reconsider how much money is being spent on wants versus needs.
Don’t Get Caught Up in The Latest Trends But Do Invest In Timeless Style
What do you really need? If you’re like most people, you probably have a long list of items that would make your life so much better if they were in it.
Before you add anything to that list, I want to share some advice from my grandmother. She always said: “Don’t buy things just because they are on sale.”
That’s because she knew that if an item was on sale for a very short time (like during the holiday season), it probably wasn’t worth buying anyway. Instead, she taught me how to find quality products at reasonable prices—and then hold onto them until their value increased over time or until their usefulness had become obsolete (but not yet).
That’s the first step toward buying expensive things guilt-free. Don’t get caught up in trends and instead invest in timeless style.
Only Carry Cash When You’re Trying to Be Frugal
Only carry cash when you’re trying to be frugal. For example, if you’re headed out for a night on the town with friends and want some extra money for drinks, it’s fine to bring cash with you.
Don’t carry cash around in your wallet or pocket all day long. This will give you more opportunities to overspend on impulse purchases.
Try not to use cash at all! Credit cards often come with rewards programs that offer rebates on purchases—and sometimes even free trips or merchandise—for new cardholders. These offers can help offset some of the cost of carrying the credit card itself; it’s worth signing up for them even if there are no other perks attached (which is usually the case). If these efforts fail and you still have leftover debt after paying off your credit card bills each month, consider transferring balances between different cards with low-interest rates so as not to waste any additional money on interest payments
Buying expensive things can be scary, but with these tips, you’ll feel much more confident in your purchase. Just remember to give yourself time to think about it — and the money!