Life Kit Should I buy it? A framework to help you decide
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Jul 17, 2025 Explore how retail advertising shapes our buying choices and learn to differentiate between genuine needs and fleeting wants. Discover the emotional motivations behind our purchases and how to budget wisely. Get smart buying strategies, including the value of reviews and negotiation tactics. Lastly, gain a thoughtful approach to decision-making that emphasizes research and lifestyle fit, helping you avoid regretful spending.
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Need vs Want Check
- Stop and ask yourself, do I need this or do I just want it?
- Recognizing the difference helps you prioritize purchases when funds are limited.
Check Emotions Before Buying
- Pause before buying and check your emotions using HALT: hungry, angry, lonely, tired.
- Shopping as retail therapy can undermine your financial goals if repeated frequently.
Consider Lifestyle Fit
- Ask if the item fits your lifestyle and if you can handle upkeep and storage.
- Consider repair costs and how difficult maintenance might be before buying appliances.