But...it is on SALE!

We have all done it. We saw an item and it was on sale. We do not need it at the moment but we tell ourselves we could keep it for a future use. A year later, we still have not found a use for it. We realized the item is just occupying space that we could use for more important things. We either give it away or toss it.

I am glad I was able to give away things that I do not need but for some, a habit of buying things they do not need can lead to a more serious problem; hoarding. 

Keep in mind, we do not have to buy things just because it is on sale. I know the promise of big savings if you buy their products is very tempting. Once you bought it, you spent, not saved. The only real saving is when the money stayed in your wallet.

Always do a balance check between wants and needs. It will help you eliminate wasteful spending.

Go For Quality, Not Quantity

I was walking in a mall one time when I saw this big sign: Closing Out Sale! Everything Must Go! My eyes gravitated to the pile of T-shirts that says 3 for $10.

I was planning to buy a few T-shirts to replace the ones I have. I thought, why not? It is cheap. As I go through the pile, I got carried away. I bought nine different colors. 

Good deal! I got nine T-shirts for $30 and so I thought. 

When I got home, I washed them right away. You probably already guessed what happened next. All of them shrunk. I could not even put them past my head.

We always hear the phrase, you get what you pay for. In my case, I did not even get what I paid for. I could have used my $30 to buy one piece of a trusted brand that would have last for a long time.

Lesson learned.