When Careful Consideration of Purchases Backfires:

One money strategy I've used since the very first day of my financial turnaround is to carefully consider all of my purchases. I try to avoid buying things unless I've given that purchase some serious thought, especially expensive items, but even most inexpensive ones.

While this works extremely well for me in a bubble where my relationships with others are secure and I'm concerned mostly with my financial future and my family's stability, it's not exactly a good strategy in other respects.

(Via The Simple Dollar The Simple Dollar)

Trent goes into detail with useful anecdotes. Give the whole article a read.

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My original entry is here: When Careful Consideration of Purchases Backfires. It posted Thu, 06 Dec 2018 12:13:14 +0000.

Filed under: general,