9.23.2009

"Should I Buy It?" Flowchart

"Should I Buy It?" Flowchart Helps You Make Smarter Purchases

Excerpt:

Over at personal finance weblog Get Rich Slowly, guest writer April Dykman explains how she curbs unnecessary spending with the flowchart you see here. It's a simple process that hinges on cost ("Can I afford it?"), need ("Is it something I need or lack?"), and quality ("Is there a less expensive/high quality option?"), and if you were to stick to this flowchart for all your purchases, chances are you'd make considerably fewer regrettable impulse buys.


Comment: Helpful "want" "need" flow chart - cllck link for chart

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