I really feel like it would be helpful to follow up on this because this is such a common part of all of our lives! We are ALL impulsive. It seems to be different things for each of us, but we all have a case of impulsiveness every now and then.
I wanted to share some of the feedback that was sent in via the comments or from the "
* Let there be … TIME between the "I WANT THAT!" moment and the actual "Purchasing Decision" moment. The more time between the two moments, the clearer the decision will be.
* Let there be … ADVICE from someone you trust and wants to see you prosper. If you are married, this is your spouse!
* Let there be … A WRITTEN PLAN that spends all of your money on paper every month BEFORE the month and money arrive. When you have personally helped prepare the spending of your money on paper, you are much more aware about whether or not you can afford the "I WANT THAT!" item.
Great conversation! I wonder if any of you out there would share some "near misses" where you almost made a horrible, snap-judgment financial decision but you did not. What helped you make the decision to back out? How does it feel now as you look back on the situation?
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