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Should I buy this?

Today, I want to talk to you about how to make good buying decisions.  By now a lot of people have received their stimulus money and income tax refunds.  Some people didn’t need the stimulus money because their income has not been impacted or they are already out of debt.  Some people are holding that money “just in case” they need it.  🙋‍♀️   Some people have already spent this money on necessities.  Others have used it to buy things they felt they needed.   Regardless of your situation, I want to talk to you about the importance of always having a plan for your money.  This is especially true for large sums of money that you receive somewhat unexpectedly.

I teach my 1:1 clients how to make good decisions about spending.  They run buying decisions through these 3 filters:

❓  Is this purchase a NEED or a WANT?

❓  Does making this purchase at this time move me closer to achieving my financial goals?

❓  Is there a different way to make this purchase – buy used, shop for a deal, save a small amount monthly?

If you will walk yourself through this exercise before you make a purchase you will avoid buyer’s remorse and feel better about your purchase.

Do you do this before making purchases?

 

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Hello! I'm Crystal!

I specialize in helping women, couples, and service-based small business owners who feel like they “make too much to be living paycheck to paycheck.” Together, we turn financial stress into financial clarity and create a plan for the life they’ve always imagined.

I’m based in Morristown, Tennessee, where I live with my husband and children. When I’m not coaching, I enjoy traveling, getting lost in a good book, and discovering new music.

Through Smart Money Financial Coaching, I’ve made it my mission to help people manage their money with confidence, pay off debt, and finally feel in control of their finances.

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