Commented this on another post and thought it would be good advice to make a thread about to avoid impulse buying.
There's a common money saving theory called the 30 Days Rule.
Open up your notes app and start a new note called "30 Day Rule"
In this note, everytime you want to buy something that isn't essential and is more of a want or need for a hobby etc... add it to this note with the date you added it and the date 30 days later.
After 30 days, if you still think it's a good idea to buy it... buy it.
I did this because I am notorious for impulse buying online. I started a list and pretty much within two days it was a good 10/15 items long.
TWO MONTHS LATER I found the note again whilst going through various other notes. I had completely forgotten about it (good sign) and I went through the items.
Best believe it when I say I have no idea why I added most if not all the items on that list. I just deleted the list and started again.
Most of the time, people just give into the advertising and the easement of the item being online and able to buy immediately and ship the next day for the instant gratification but once you've had time to think about it, you realise you don't need it and it's a waste of money.
Same reason a lot of big decisions and purchases (getting a new credit card, subscribing to stuff, buying a new car etc) have cooling off periods by law. Because you could have been hyped up by the salesman or the advertising and in 14 days realise you don't need it.
Always give it time and you'll find you will probably wonder why the f**k you ever considered buying it in the first place. #finance
So I don’t have any kids and I’m an adult, just to preface.
I don’t want to sound like off or anything but I don’t like shopping for the holidays especially since it’s become some sort of competition for who gets the most expensive stuff and gifts for whomever. I am not big on holidays, birthdays or anniversaries, however, I love giving meaningful gifts. I’ve been told I’m a good gift giver, and it all boils down to listening to people and learning there interests and finding something of budget to gift someone.
I am tired of this expectation now that everyone must get a lavish gift? Am I wrong for this, because I have been made to feel bad when I didn’t give people gifts on their birthdays orr during the Christmas holidays. It’s not even just about being frugal but mostly to do with the cost of living right now. COL is very high and i am trying to make my ends meet being berated by others for showing up empty handed ir with a less than luxury gift makes me very sad because what happened to it’s the thought that counts.
Getting Home or Car Insurance through Costco-Opinions Wanted
I just saw an ad for getting home and car insurance through Costco. Does anyone have any experience with this? Was it worth doing? Looking primarily for homeowner's insurance since our long-time plan is not selling in California anymore come January. #finance
How to find a driver, rideshare or service for long distance move for myself and belongings?
Hello, I am looking to move long distance soon, and do not have a vehicle. I have some small furniture that could fit in a large SUV or pickup. I was hoping to pay someone or a company to drive me and my belongings to my new home. I'm not sure if something like this exists. I do not wish to fly, bus or take a train, I am autistic and do not do well around groups of people for long periods of time, where in a car with one person, I could close my eyes and relax the whole way.
Hopnestly I would rather just pay an actual person in cash and give a generous tip than support a large company, maybe I'm just old school idk.
Sorry if this is strange, thank you for any help. I googled but haven't found anything helpful yet. #finance source
We live in northern Indiana, just got our freezer beef for the year. $4.29 for a split side. I'm wondering how this compares to other places? Last year $3.89. #finance
I work a minimum wage job with tips, and work about 30 hours a week, I split all bills with my partner, etc. People are saying this is impossible, but I'm doing it. Why is it such a common belief that it's impossible to live on $25,000? #finance source
This morning was spent parting out whole chickens from the grocery store because for $13.44 (2pk of whole chickens from walmart) I can get a $27 value.
4 - breasts $10 value 4 - drumsticks $3 value 8 - wings $2 value 4 - thighs $4 value 4 - tenders $1.50 value 2 - carcasses for making stock (usually around 20 cups of chicken stock) $7.50 value And a handfull of what we call "nuggets" from the rest of the carcass $2 value. Then to take it a step further, we then bake the bones dry and grind them into a bone meal to add to the compost pile as well.
We're working on getting permitting so we can have our own chickens since we live in the suburbs to provide eggs and maybe raise a few meat birds as well. #finance