Saturday, February 14, 2009

101 Ways To Stop The Money Leak: Wants versus Needs

Make sure the thing you want to spend your money on is a “need” and not a “want.” Sometimes this can seem like a fine gray line but if you stick to the need list, you will spend less.

I know one guy who used to say “If I still want it in 3 months time then I’ll get it”.

9 times out of 10 in 3 months time he found that either he or his children had forgotten about that particular want and therefore had saved themselves from wasting money on an impulse buy.

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