[nela13]

The 10-second rule is a tactic that, despite being very simple, can help you save a lot of money.
Whenever you're tempted to buy something that looks like a bargain, stop for 10 seconds in front of it and ask yourself the following questions:

- Do I really need this?
- Will it cause some kind of fulfillment in my life that is not already achieved by what I currently have?
- Could you put the money you are going to spend on this purchase to better use?

As a general rule, 10 seconds is enough to convince yourself that you don't need that item after all.

For more expensive items, such as large appliances, a car, or even a house, the 10-second rule may not be enough to deter you. In these cases, prefer to wait 30 days after your initial impulse to buy.

Take advantage of these 30 days to do research and price comparisons, as well as to reflect on whether you really need the item. You will probably come to the conclusion that most of the time you end up giving up on the purchase or even finding a more affordable alternative.

[peachpurple]

Great tips. I always follow the list of stuff i need to buy. Even there is a discount, i do not buy them unless i need them. Storing too much stock will end up in the dustbin instead and waste of money too.

[augusta]

This method will help one stay away from implusive buying. I do this a lot and sometimes tell myself I wouldn't have bought this thing but it is always too late.

[Fergal]

This is a great tip, thanks for sharing it with us nela13. The questions you suggest that we ask ourselves are excellent, I have made a mental note of them and will definitely consider them seriously when making future purchases.

[KityCat]

I literally saw a similar post on moneyline a while ago....
But anyways , those are some great times .

[nela13]

This method will help one stay away from implusive buying. I do this a lot and sometimes tell myself I wouldn't have bought this thing but it is always too late.

Some people face financial problems because of impulsive buying, better think twice before making the purchase. We should wait for a certain period of time before making a purchase. The longer we can wait, the better.

After the deadline, we're still in the mood to buy that product and we've analyzed it carefully to see if it fits our budget, then we can consider making the purchase.

[Fergal]

Thanks nela13, for posting a Top 101 Money Tip. Sending ForumCoin now

[Treborika]

That's why it's highly recommended to abide by your budget and avoid impulse buying since you could waste your time and money buying items you never needed them at all.

[augusta]

There's good in waiting a little longer for a thing you need to buy. it will help you buy only things that will be of utmost valuable to you.