Posted on 12 Jun 2018
Look at what you are buying. Can they be ”scrapped” away or leased/rented to others?
Relook at what you bought and why did you buy them? Is it the environment? Is it the persuasiveness of the salesperson? Is it because you can’t reject a friend? Could you have chosen installment payments as they are 0% installment plans?
Are these valid reasons or excuses? If reason, it is debateable. If it is excuses, how to do you avoid them?
Lastly, I can’t remember who said this,but it goes something like this.
If you can’t buy it twice, you most likely can’t afford it.
First, stop anymore purchasing on instalment.
Finish off all instalments. Then start saving up for your next purchase.
Having too many instalments affects your credit score and your credit card limit too. It might affect you if you are buying house or car next time.
Downgrade to 'frugal' for 1 year and see, whether You're missing something.
Surely currently not su...
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