Just Becuase it is Cheap, Doesn't Mean you have to Buy it.
In the spirit of the holiday season, this article will discuss why just because something is cheap, or on sale, doesn't mean you have to purchase it. This applies year around, but more important during November and December, when we have all the maddening black Friday fights and major weekend sales that are endlessly played on TV and pop up over the internet. I think at this point, we realize advertising plays a big part in our spending habits, whether we realize it or not. Additionally, when we see the words "savings" and "deals," we jump on the bandwagon and feel we have to get in on the deal as well otherwise we are missing out. What's even stranger, is it is probably over an item that we had no intentions on buying yesterday, or maybe even that day. So the point to this is just because you see something cheap, doesn't mean you need to buy it, and I will elaborate on a few points to support that.
Instead of Buying Cheap, Earn More
Instead of using energy to look for the cheapest deals or fighting to get a discount, why not use that energy to earn more money and earn so much that you do not have to worry about getting the cheapest deals. If you worked hard to strive or maybe even become a multimillionaire, you would not have to worry about buying something you do not need for a few dollars cheaper. To add to that, the little amounts we spend on the cheap merchandise add up to much larger amounts later on. Seems counter productive because instead of buying something cheap that we did not need, we could use the money towards a future investment or even a basic necessity that we neglect. Many of us spend our whole lives worrying and using our energy trying to find the latest deals when we could be using our energy to think about how we can increase our salary or income. What position sounds more enticing, buying something discounted, still feeling guilty because you know the money could have been better suited, or knowing your salary is so much in your favor that you do not have to worry about buying something on sale, and can buy multiples of it, and the best part, not feeling guilty about it because you know you are covered financially.
Do You Really Need It?
The one number one question you should be asking yourself before you buy something is do you really need it? I know, you probably want it, but are you in a position that can support your necessities, or wants, and future investments soundly? If not, then you should consider asking the question to yourself. Again, just because you see something cheap, on sale, or the commercials tell you to buy it now, doesn't automatically mean you need to buy it. A lot of times, you might be so fired up with going into the store to buy something, and as soon as you have it in hand, you start doubting it. You ask a question such as maybe I didn't really want this? Or maybe you think purchasing this isn't what I really thought it would be. Maybe you even start to feel guilty about knowing you are about to spend the money. As someone in the position myself, I have learned when I feel totally comfortable about buying something, and when I have not. Typically, when I buy something and I do not feel comfortable about it, most of the time my instincts were right and I did not need it after all. When I feel totally comfortable buying something all the way from the beginning to the time I take it home, it typically works out to being a well worth purchase, but the catch is that it is fewer and further in-between. Maybe that is the case two out of every ten purchases I make. So the point being, if you have to ask yourself if you really need it, and you are not financially sound, you probably really do not need to buy it. Save the money and invest it instead, that way down the road you can buy ten of what you wanted and still be financially sound then to buy t once, feel guilty about it, and the money is gone.
Don't Buy the Hype
This especially applies to the holiday season, but many people make purchases based upon the bandwagon tactic. I myself have been down this road, and after awhile, I realize that this whole hype is artificial. Companies, and maybe other people give you this apocalyptic feeling that if you don't buy this product, you are missing out because all your friends, family, neighbors, coworkers will have one and you do not. No one likes to feel left out, so businesses cater to that emotion to make you buy something you probably would never consider to begin with. This applies to the main topic because again, businesses advertise that their merchandise is cheap at the moment and you need it for that reason. We have all been their, then as soon as the hype wears off, we completely forget about what we bought, return it at some point, or it simply gets thrown away. Many of us invest our entire lives living this cycle. If you have been victim of this before, or are smiling and shaking your head realizing you have fallen for this yourself, don't buy the hype. Going back to my previous point, do you really need it, and do you even have the money in hand for it? Its an empty feeling that will wear off sooner than later, and you will feel better in the long run knowing you have the money in your pocket versus the actual product. One less item to add to the credit card.
The point being of this article, we invest a majority of our lives buying things we do not need with money we do not have. Just because it is cheap, doesn't mean we have to have it now. If we focused on becoming richer financially, then we would not have to worry about buying something cheap, we would have the money to buy what we really want, and then some. Instead of using our money to strive for something better, maybe investing it or using it to fulfill our hopes or dreams, we use it to buy clutter and junk we never needed in the first place. The point isn't telling you to be a minimalist or to buy nothing ever again, but instead just think about what you are buying before you do it. Life is too short and precious to be worried about buying junk we do not need just because it says its cheap and would have no intention on buying otherwise.
© 2019 Jason