Every Friday, I will share financial facts, wisdom, or action steps that you can take to not only learn more about personal finance and attack debt, but also how to set yourself on the road to financial freedom! Check out my very first Financial Friday.
Are you the type of person who buys things because they are on “sale” or because its “too good of a deal” to pass up, even if what you are buying is not a necessity? If so, it’s time to overhaul your spending habits.
Make the decision to only spend on what you really need. So many of us buy things that sit around our homes yet we buy them because of the fear of missing out on a great deal. So for the next month, try this. Every time you find yourself out shopping, consciously make an effort to decide whether what you are buying is truly needed or if you can go without it. If its not needed, pass on it. You won’t regret it in the long run.