Money is made to spend. We all want something, and that something usually costs money. Some of the “wants” are fleeting desires, spurred by mood or peer pressure or perhaps just a whim. Other “wants” are genuine desires and items or experiences that actually add value to your life.
Whichever it is, Jesse argues that you should wait. Wait before you buy anything, even the genuine wants. For one thing, waiting helps you parse out the genuine from the ephemeral.
Jesse keeps a running list of wants on his phone. If he wants something, he adds it to the list rather than buying it right away. If he still wants it when he checks the list again later, he buys it. Many times, however, he will find things on the list that he hasn’t thought about in a while, and that he really doesn’t want. So the list can act as a simple filter and a sanity check for purchases.
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303 - Holiday Limits
BONUS - A Conversation with Matthew Dricci
BONUS - A Conversation with Jonathan Dale
BONUS - A Conversation with Holly MacKenzie
BONUS - A Conversation with Dan Kellermeyer
302 - The Costs of "Settling In"
301 - Black Friday Cometh
300 - Planned Spontaneity
299 - Experiences? Priceless.
298 - Loose Change, or Lose Change?
297 - Do I Still Need a Budget?
296 - It's Beginning to Look a Lot Like Christmas
295 - Lifestyle, Creep!
294 - When's a Good Time to (re)Start Budgeting?
293 - Is there Good Debt?
292 - Saving Kids from College
291 - Identity Theft Protection and You...?
290 - Millenial Money!!!!
289 - Headed to New York
288 - Breaking Routine
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