Comments on: 6 Smart Spending Questions To Ask Yourself Before Making A Purchase

By: FinancialBondage.org

FinancialBondage.org — Sat, 23 Jan 2010 21:38:12 +0000

great tips. I usually classify things as a need, want, or desire. If you stop and think about it, much of what we buy is a want and not usually a need.

By: Bryan McDonald

Bryan McDonald — Mon, 18 Jan 2010 23:32:13 +0000

Stopping the habit of spending irrationally is a great way to control your money. Alot of times we are spending to spend. The world and society around us literally is pounding into our heads, more, more, more. “Supersizing” has become a right of passage when eating out or buying anything on the internet because you are bombarded with “so much more” for just $1 extra.

Where it starts should be us defining what “fulfills us”. I did a recent blog post called “WHAT IS ENOUGH?” that helps people define what “enough of stuff” do they really need in life: http://www.thebryanmcdonald.info/what-is-enough/

Once we can define this, I believe controlling our money and our lives becomes much easier and life becomes attaining your higher purpose and not more and more “stuff”

By: Carnival of Debt Reduction » Carnival of Debt Reduction: Happy Martin Luther King Day!

Mon, 18 Jan 2010 08:21:14 +0000

[...] Money Matters has a guest post on six things to consider before making a purchase. (Considering debt load is in [...]

By: Andrew @ Earn Give Save

Andrew @ Earn Give Save — Sat, 16 Jan 2010 16:45:56 +0000

I am definitely the one in our marriage that gets the urge to make impulse purchases (probably because I sit in front of the computer all day at work!). Whenever this happens, I force myself to put the item on my to-do list and make a note to think about it at least a day later. This process definitely keeps me honest! It also helps that my wife and I feel accountable to each other to discuss most purchases before making them. Andrew @ Earn Give Save´s last post ..We’re cutting our cable, part II

By: Patrenia

Patrenia — Sat, 16 Jan 2010 02:34:32 +0000

The rule I use mostly is – Do I need it? And the way I gauge that is with the 24hr rule. I need to sleep on the purchase and make sure it is well within my budget prior to making the final decision. These are all excellent points!

By: Ken

Ken — Fri, 15 Jan 2010 11:19:22 +0000

Have I looked for "used" is the best one in my opinion. Why run out and buy new? There are good used products. You just have to take time to look. Ken´s last post ..Money Secrets? Spill the Beans

By: David @ yourfinances101.com/blog

David @ yourfinances101.com/blog — Fri, 15 Jan 2010 03:20:13 +0000

You touched on it a little but I would also add researching till you know you’re getting the best possible price–even buying new.

The littlest bit of research can sometimes save you lots!

By: Joe

Joe — Fri, 15 Jan 2010 00:57:57 +0000

This is a great questionnaire to have around. Most 'financial accident' happen because of not looking over these red light questions. Keep it on Joe´s last post ..Automatic Bill Payment! Beware

By: Jason @ One Money Design

Jason @ One Money Design — Thu, 14 Jan 2010 20:09:55 +0000

Great advice Craig and Jason. Thanks for commenting. Seperating yourself from the emotion of of the purchase and getting the opinion of a trusted friend (especially for larger purchases) are good ideas.

Khaleef, I’m encouraged to hear of your motivation to be a good financial steward, but also to be a good testimony to others. I don’t hear the testimony comment often.
Jason @ One Money Design´s last post ..New Look for One Money Design

By: Dr Dean

Dr Dean — Thu, 14 Jan 2010 19:49:24 +0000

I like to remind my readers/students to go "buying" not shopping. They have already thought through the purchase, decided what price they are looking for, and just need to execute. This is true, whether buying groceries, clothes, or household goods. Great review! Dr Dean´s last post ..BSN vs ADN-Battle Royale of the Century!