A comment on a Get Rich Slowly article got my attention today. In “Four ways to make money with your old junk,” a woman posting as Winterlady noted one of the tactics she uses to prevent overbuying:
“I hold the item and think ‘How quickly will I want to garage-sale this?’”
Having seen more than a few like-new or still-in-the-shrink-wrap items at yard sales, I expect her comment is not particularly flippant.
I also liked another thing she said: “It is easier to control the purchases than figure out how to dispose of them.”
I’m a big fan of informed consumerism, i.e., of asking the right questions before you decide to buy something. In a post on Wise Bread, I described the queries along the lines of, “Do I really need it? Do I already have something like it? Is there a way to get it for free? If not, what’s the most affordable way to get it?”
Yet even after applying this frugal filter, you sometimes just waaaaant something – right now. That’s when you ask yourself a question like the one cited by Winterlady.
I’ve got a few more to add. They’re not all questions as such, but they should encourage a little self-interrogation.