24-Hour Rule

Do you have a 24 hour rule on big purchases? This plus two other strategies helped my family spend less and produce massive amounts of savings each month.

Peace family, over the weekend, a friend shared a concept with me called “The 24 Hour Rule,” and it has already really helped me so much, that I wanted to share it with you! Choices, especially expensive ones, and especially surprise ones, can really overwhelm me sometimes. Yesterday, I went to get my car’s oil changed, and the mechanic told me that I had several problems with my car. I was expecting, at most, a $300 problem… imagine my surprise, when he printed up a list of problems with an estimate saying they will take more than $2,000 to fix!

Do you find yourself tempted to spend on unnecessary expenses? Read this article for advice on how to quell your spending temptations.

We’re quickly approaching the time of year when there are so many sales and “great deals” that it’s often easy to make quick decisions and impulse purchases that we might later regret. Original content from AndreaDekker.com: http://andreadekker.com/the-saving-power-of-waiting-24-hours/#ixzz4mXytO135 Under Creative Commons License: Attribution Non-Commercial Share Alike

Use the 24 hour rule. This rule helps avoid purchasing expensive or unnecessary items on impulse. Think over each nonessential purchase for at least 24 hours. This is particularly easy to do while shopping online, because you can add items to your cart or wish list and come back to them a day later.

How often do you make an impulse purchase, only to regret it the next day?