Just thought I’d bring this back as a reminder (and something I struggle with!)
waiting. I admit that I absolutely hate waiting. I especially hate waiting when I feel like something is a good deal and it might not be there tomorrow. I am one of those “emotional” decision makers… and I get upset when I can’t just say yes to what it is that I want.
Have you ever purchased something(big or small) and felt buyer’s remorse? So bad, that you feel regret for buying it? Even though I strive to save money–there are times that I want to buy something–especially if I feel I’ve worked hard and earned it.
After many emotion-induced splurges.. I implemented the 24 hour rule into my families financial decisions and I’m so glad that I did! No more regret at the end of the day. No more emotion putting me into debt.
There is such power behind waiting 24 hours and sleeping on the newest “splurge”. You will let your emotion settle and then you can go over in your head the REAL reasons why you need this… you may just find you have convinced yourself that you DON’T need it or can go without for a bit longer.
So next time you have that moment where you feel you absolutely need something, give yourself 24 hours. You might even save yourself some money!
Are you guilty of emotional spending?