Money Saving Monday: Master the Thirty Day Rule

Money Saving Tips

*Every Monday throughout 2014 I will be sharing Money Savings Tips to help stick to and expand your budget!

Are you familiar with the thirty day rule?

The Thirty Day Rule is when you decide to wait 30 days to make a purchase instead of making an impulse purchase on the spot.

The 30 day rule is helpful because you are preventing yourself from overspending on a product that you may not even need or use.

Instead of buying the item on the spot, delay your purchase for thirty days. After 30 days if you decide you still want that item, buy it. However, you may decide you no longer need or want that item.

In the 30 days, do some research about the product and do some price comparisons. Even if you do decide you still want the product after thirty days, you may find that you are spending less than you would had you bought it immediately.

Have you done the thirty day rule to help save money?

To find more Money Saving Tips from Boston On Budget, please head here.