#1 Way to Save Money
It seems that ever day in our home there is always something that is needed, wanted or just desired by someone in the family. Just yesterday I was telling my husband about a great deal that I found on a laptop. His only response was to ask if I NEEDED another laptop.
We have a perfectly good laptop right now. It’s not the fastest in the world and it doesn’t really have the greatest keyboard for my personal taste, but it works fine and is fast enough to watch things online (which helps with my husband’s work). It was the first one that I ever bought and I now know so much more than I did when I bought it. But I don’t NEED a new laptop. I do want one – one with more power to make it easier for me to work when I’m on the road. And since my working on the road is essential for the family being able to travel I guess I sort of do NEED a new laptop.
He had a great compromise and as soon as the words were out of his mouth I knew it was the key to saving thousands of dollars in our home each year.
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1. Set aside the money (even if that means doing it a payment at a time) that you will need to purchase item that is needed, wanted or desired.
2. Wait a full month from the day your first set aside all of the money. During this time you can be reviewing the item and its place in your home or life, researching where to buy and what to buy and just thinking in general about the purchase.
3. One month later revisit the idea of the purchase. If you still must have it then you have the money to get it.
4. IF you choose not to make the purchase then take that money and roll it into a savings account (instead of using it for other purchases). After all, you wouldn’t have had the money if you had spent it so you shouldn’t miss it now.
The key to saving money is to find a way to sort through the needs, wants and desires in order to uncover the things that are a necessity for the betterment of your family and your life. Saving the money that you don’t spend along the way will make it easier for you to do even more in the long run.
Wait and then save. A two step process that will get you to that place of financial freedom that you have been dreaming about all this time.
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Comments
Hey Mara – my lap top has a small keyboard and I’m always mistyping – which is frustrating to say the least. BUT, until I’m in a position where I have to have it on the road I do have another keyboard that I and attach to make due. Hope you can find one to fit your needs and your budget!
I understand wanting a new laptop, I’m looking at a new computer. I really do need one as mine is shutting off in the midst of a sentence.
Thanks for the advice.