Don’t buy impulsively
One of the reasons rich people succeeded in becoming rich is because they have a great education in terms of spending their money. Although they don’t lack the financial resources to impulsively buy a brand new cashmere sweater or a luxury item, they’d rather not.
As millionaire Warren Buffet said, ” If you buy things you don’t need, soon you’ll have to sell the things you do need.” If you want to try for yourself this mentality, just keep a few things in mind:
- Before you purchase anything, sleep it off!
- Make a budget and respect it
- Don’t go shopping when you’re not feeling alright (binge shopping might be our best friend, but not our wallet’s as well)
Next, you should wear your bargains…..
1 thought on “14 Things Financially Astute People Never Do”
Buying brand new cars is OK as long as you keep long enough to use them up.
Buy cars too frequently (new or used) is what is not financially astute