Back in blog #52 I gave some pretty solid financial advice; follow that method and you’re safe knowing that anything you do buy, you actually want. It’s a simple system and if you’ve not already read that you should go check it out now.
Since then though I’ve also come across another little way of thinking that should help even more, coming yet again from Mr Money Mustache.
“If you can’t afford to lose it, you can’t afford to buy it”
Discretionary purchases should never put you in a financially stressful position. They should be well thought out, planned, and budgeted for. But that’s hard. Real hard. And even the best of us get caught up in wanting something so bad that we just cave and buy in the heat of the moment (Stupid kiteboarding gear).
But if you can follow both the wishlist method and this mindset of not buying something unless you can afford to lose it, not only will you only buy things you actually want, but you won’t end up spending money you don’t have, either.
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