30-day rule to stop yourself from an impulse buy.

Here’s how it works:

  1. Whenever you feel the urge to splurge — whether it’s for new gadgets, a new TV, or a new car — force yourself to stop. If you’re already about to buy the item, put it back. Leave the store.
  2. When you get home, take a piece of paper and write down the name of the item, the store where you found it, and the price. Also write down the date.
  3. Now post this note someplace obvious: a calendar, the fridge, a bulletin board. (Or use a text file on phablet or computer.)
  4. For the next thirty days, think whether you really want the item, but do not buy it.
  5. If, at the end of a month, the urge is still there, then consider buying it. Never buy impulsive items on credit.

This rule also comes in handy when you want a New product so bad it hurts but decide to wait.

Then all your friends’ start randomly shutting down and you’re glad you did.

Control Impulse Spending with the 30-Day Rule

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