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Episode 3025:
Joshua Becker challenges this common financial filter, explaining why it’s incomplete and often misleading. Instead, he suggests five better questions to guide spending decisions, helping align purchases with personal goals, motivations, and long-term financial well-being.
Read along with the original article(s) here: https://www.becomingminimalist.com/can-i-afford-it/
Quotes to ponder:
"Can I afford it? is a terrible filter because the answer is always subjective."
"Everything we buy takes up physical space in our home and mental space in our mind."
"With every purchase, we sacrifice a small amount of freedom."
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Optimal Finance Daily - Financial Independence and Money Advice