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Ask Before Buying: Is It A Need Or Is It A Want?

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If it's a need, buy; if it's a want, consider carefully the cost-benefit balance before purchasing. Unless we absolutely have to, sticking to needs only can be like too restrictive a diet and we may end up in a buying binge. But using discretion and an extra second to make a wise choice is good.

- Submitted by V_ON_THE_VERGE 4/17/2010 in Saving Money | 3 Comments
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Member Comments

JLTURNER4400 6/17/2010 10:39:00 PM

    I agree, it is best to think twice before you buy. I learned this the hard way years ago when my spending became more than my paycheck.
SMURCOOK 4/18/2010 11:06:00 AM

    This has been my mantra in life. My kids are probably tired of hearing it but its too easy to just buy on the spur of the moment with credit cards. So I say if its a want go home and think about it for a day or two. It it was to be it will be there when you go back and then you'll know if its really something neccessary.
GABSTER26 4/17/2010 6:03:00 AM

    excellent advise.....and works with almost all decisions...

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