If you live in the USA, you probably LOVE instant gratification. You're hungry? Plenty of stores and restaurants open at all hours to help you. Love to shop? Even if your local stores are closed, there are plenty on the internet that are open. Want an IPad, coat, purse, golf clubs, gym membership? If you have credit or money in the bank, you can have it today. Instant.... Gratification.
But what would happen if you decided to wait just a bit? Would you still want it in, let's say 30 days? Thats the question posed today at Frugally Sustainable.
Daily Goal: Begin today using the 30-day list for non-essential purchases.
Sometimes I wonder just how much I "need" something. Is it a true NEED or is it just a WANT? So Andrea is having us print out a list, put the item we THINK we want on it, the date we wanted it and the price leave it on the list for 30 days. Put that list in an area where you see it daily. That gives you a chance to really do some thinking, to take the impulse out of the purchase. She suggests mulling it over for 30 days, checking prices, asking those important questions about it, really getting in touch with the "desire" for the item. Then at the end of 30 days, if you still want the item, you can get it... provided you pay CASH for the item.
How do I think this is going to work? BEAUTIFULLY! I shared yesterday that sometimes all I have to do is fill my cart and then leave it. There is something psychological about the entire shopping process. There has to be. How many people do you know that have gone completely bankrupt because they purchased what they had to have today, no matter what the price was, and opened up credit cards or used hard earned cash to satisfy the "need of the day"? And that item you HAD TO HAVE TODAY, is replaced by the NEW something else tomorrow. I think waiting to buy is going to save us a bunch of money!!