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Is It A Need Or A Want?

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Date: 01/14/2008 Topic: Better Living > Frugal Living > Advice  
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When trying to save money, I look at the need or the want. Yes, I need food. No, I do not need that new DVD, because it is actually a want.

Do you want an item or do you really need it. If you look at your buying in this fashion, and follow the rules, then you will save lots of money.

By Karyn from Ottawa, Canada
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Post By Lynda (Guest Post) (01/25/2008)
My good friend/neighbor had an excellent bit of advice to those on a tight budget:
"If you can't eat it, don't buy it." lol God bless you. : )


Post by coreenhart (170) | (01/15/2008)
Profile |Blog! |Contact
If you don't mind my saying so, you're a "consumer" after me own heart!


Post by Ariela (194) | (01/15/2008)
Profile |Contact
That is how we get our groceries.. especialy at Walmart where its soo
easy to spend spend spend! Of coarse we get the weekly things we
need. We mostly shop at Save-A-lot. But at Wallys we only buy sales!!
If its not on sale.. we have to NEED it or we dont but it! It works
for us :)


Post by tedsmom (659) | (01/15/2008)
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That is an excellent suggestion - one that I intend to use from now on! I tend to buy things because they're "such a savings"! That's not always a good reason to buy something, is it? Thanks for sharing and God bless you.


Post By mirador (Guest Post) (01/14/2008)
This tip reiterates one of the simplest yet profoundly effective bits of wisdom I ever figured out for myself in my 50 years as a consumer. It was not until about ten years ago that I made the conscious decision to examine whether each thing I was tempted to spend money on was a "need" or simply a "want." I made a little saying for myself that I kept in my head - "Just because you like it doesn't mean you have to buy it!" As simple as this idea is, I found it incredibly helpful and have saved myself from a number of purchases of things that I didn't really have to have. Now I take a little extra time to stop and "appreciate" things I like and get enjoyment from them in the store, or wherever they are, then afterwards I walk away without even opening my wallet!


Post By mirador (Guest Post) (01/14/2008)
This tip reiterates one of the simplest yet profoundly effective bits of wisdom I ever figured out for myself in my 50 years as a consumer. It was not until about ten years ago that I made the conscious decision to examine whether each thing I was tempted to spend money on was a "need" or simply a "want." I made a little saying for myself that I kept in my head - "Just because you like it doesn't mean you have to buy it!" As simple as this idea is, I found it incredibly helpful and have saved myself from a number of purchases of things that I didn't really have to have. Now I take a little extra time to stop and "appreciate" things I like and get enjoyment from them in the store, or wherever they are, then afterwards I walk away without even opening my wallet!


Post By Bonnie (Guest Post) (01/14/2008)
You're so right. At our lowest point when my husband was out of work with no unemployment compensation left & I had only a part-time job, life came down to basic necessities. Before I spent a single cent I asked myself if the item was a necessity of life--if not, we simply couldn't afford it. I'll never say it was easy, but it sure simplified our life and really taught me a whole new way to live.


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