Holicent
VIP Contributor
One way to save money on your purchases is to consider how much time they take. Think about how long it will take you to get to work, what time you come home, and how much time you spend at work each day. Make a list of all the things you need and then create a schedule for each item. This will show you how many hours are needed for each item and whether it's worth your time or money.
For example, if you need coffee every morning, but only have an hour commute to work, it's probably not worth the cost of purchasing coffee each day because the purchase adds up quickly when multiplied by 365 days per year. On the other hand, if you have a flexible schedule that allows for grocery shopping on Sunday afternoons instead of Monday mornings, then this might be a better option than purchasing coffee every day because there won't be any additional cost associated with getting coffee at home during the weekdays when there isn't enough time in your day for other activities such as working out or taking care of personal needs like showering or dressing yourself before going out into public.
The more you think about the purchase in terms of hours worked, the better your decision making process will be. This is because it's easier for a consumer to make a good decision when they know exactly how much time it will take them to pay off their debt.
For example, if you're buying a new car, instead of thinking "how much money can I afford?" and then buying whatever looks good, start thinking "how long will it take me to pay off this car?"
When you do this, you'll notice that some cars are not worth buying because they require more than one month of your life before you could start paying it off. Other cars may require less than one month but might still cost too much for what they offer in return.
For example, if you need coffee every morning, but only have an hour commute to work, it's probably not worth the cost of purchasing coffee each day because the purchase adds up quickly when multiplied by 365 days per year. On the other hand, if you have a flexible schedule that allows for grocery shopping on Sunday afternoons instead of Monday mornings, then this might be a better option than purchasing coffee every day because there won't be any additional cost associated with getting coffee at home during the weekdays when there isn't enough time in your day for other activities such as working out or taking care of personal needs like showering or dressing yourself before going out into public.
The more you think about the purchase in terms of hours worked, the better your decision making process will be. This is because it's easier for a consumer to make a good decision when they know exactly how much time it will take them to pay off their debt.
For example, if you're buying a new car, instead of thinking "how much money can I afford?" and then buying whatever looks good, start thinking "how long will it take me to pay off this car?"
When you do this, you'll notice that some cars are not worth buying because they require more than one month of your life before you could start paying it off. Other cars may require less than one month but might still cost too much for what they offer in return.
