I made a trip to Costco to buy business supplies last week. While browsing the software application, I found the most recent variation of Quicken. I got the box and took a look at the list of new functions. I felt that desire creep upon me– the desire to invest. “Maybe the Mac version is out, too,” I thought. “I must come by Fry’s to inspect.”
Then I thought of the $50 it would cost to upgrade. I thought how Quicken 2004 has served me well for three years. I started to have doubts. “I’ll use the 30-day guideline,” I told myself. “If I still want this next month, I’ll buy it.”

Related >> How to Track Your Spending (and why you must).
The 30-day Rule is a Simple Method to Control the Impulse Spending.
Here’s how it works: .
1. Whenever you feel the urge to splurge– whether it’s for new shoes a brand-new video game, or a new car and truck– force yourself to stop. If you’re already holding the item, put it back. Leave the shop.
2. When you get home, take a piece of paper and compose down the name of the item, the shop where you found it, and the price. Also document the date.
3. Now post this note someplace obvious: a calendar, the refrigerator, a bulletin board. (I utilize a text file on my computer system.).
4. For the next thirty days, believe whether you truly want the product, but do not buy it.
5. If, at the end of a month, the urge is still there, then consider acquiring it. (But do not use credit to do so.).
That’s all there is to it. However, it’s surprisingly reliable. The 30-day guideline works particularly well due to the fact that you aren’t actually denying yourself– you’re merely delaying satisfaction. This rule has another advantage: it offers you a chance to look into the product you want to acquire. This can save you from grief.
Associated >> How to Cure a Spending Hangover.
For instance, after returning from my Costco journey recently, I inspected the reviews on Amazon. Quicken 2007 for Mac gets 1-1/2 stars! Yikes! Still, I added it to my wishlist. A month from now, if I still feel I need it, I may allow myself to purchase it.
I started using the 30-day guideline about 2 years ago. I don’t constantly remember to follow it, however when I do, it works well. In some cases, my urge to spend is gone by the time I get a house. In some cases the desire grows more powerful for a week or more, however then subsides completely. It’s unusual that I choose I require something after 30 days of waiting.