Unplanned Purchases: 4 Questions
Find a Conversation
|Wed, 06-30-2010 - 7:14am|
What would you do if you stumble upon an unadvertised sale or clearance item, or something you just really, really want, but it isn't in your budget? It's okay to make an unplanned purchase, as long as it doesn't prevent you from meeting your other financial obligations or goals.
The next time you find yourself about to make an unplanned purchase, ask yourself these questions to help you decide on whether or not to buy:
Why am I here?
How do I feel? (Do I want to buy it for some emotional reason or is this a legitimate purchase?)
Do I need this? (Where will I put it, do I already have one, can I use it?)
How will I pay for it? (Can you buy it and still pay for upcoming planned expenses?)