Updated: August 6, 2020
If you want to lessen your expenses, one simple trick is to ask yourself, “Is this worth it?” before making any purchase.
Doing this prevents you from buying things on impulse. But more importantly, it raises the quality of your life because you’ll find yourself spending more on things that matter.
Avoid Impulse Buying
You’re in line at the grocery and you see the chocolate bars on the shelf beside the cashier. Your mouth starts to water and mindlessly reach out to pick one.
But before making your final decision, ask yourself, “Is this worth it?”
Questioning your spending will force you to come up with a good reason to buy something. And most of the time, if it’s an impulse buy — there will be none.
Staying on Budget
You’re at the mall and a shoe on a window display catches your attention. You go inside the boutique and ask how much it is.
Before requesting your shoe size so you can try it on, ask yourself, “Is this worth it?”
Immediately, you’ll think about your budget and see if it’s an expense you can afford. If you can’t, then saying “Thank you” and going out of the store won’t be that hard.
Getting Your Money’s Worth
One of the advantages of tracking your spending is that it’s easy to see where your money went. When I go through my list, I’d sometimes see an expense where I felt that it was not worth it.
For example, there was a movie expense that after consideration, I felt it was unnecessary to watch it on 3D because I would have enjoyed it even in an ordinary cinema.
And so after that, I became more careful and would ask friends who’d seen a particular movie first if it’s worth the extra money to watch it in 3D.
Perhaps the best reward when you ask yourself first if something’s worth buying, is that you’ll never spend money on things without a genuinely good reason.
Questioning your every spending does not mean taking out the fun in your life, such as buying that chocolate bar, purchasing that shoe, or watching a movie in 3D.
It’s making sure that your money is always spent on meaningful purchases – on things that give you more than just a fleeting satisfaction.
It’s about spending your hard-earned money, not on things, but investing it on life experiences that provide self-fulfillment and sincere happiness.