Dos+and+Donts

When purchasing an item one should always ask themselves.....  1. //Do I need this item?// o Determine if it is a need or want

2. //If so, do I need it now?// o Take the time to make sure it is what you want

3. //Is it cheaper elsewhere?// o Shop around to get the best price, save money

4. //Are there inexpensive alternatives?// o Sometimes you receive the same quality from a cheaper item

5. //Will this product save time, money or energy?// o How much will the product actually benefit you

6. //What is the products true cost?// o How much more am I paying in total, with taxes

7. //Can I afford it?// o Is it affordable in terms of a budget

Do  · Use cash, once its gone its gone · Make a wishlist · Reduce credit card limits, withdrawal amounts or number of transactions allowed · Leave chequebook at home · Research the products · Wait at least 24 hours to make the purchase · Walk with only enough money to purchase what you originally intended to buy · Allot an online budget in a paypal account · Keep a budget that will allow for seasonal and irregular expenses · Keep a spending log

Don't  · Window shop · Keep debit & credit cards handy · Finance everything, end up paying high interest in the long term · Continuously go to places that you find you spend more money · Shop when you’re in a shopping mood · Shop under pressure