5 Questions to Ask Before Buying

5 Questions to Ask Before Buying Before committing to the next purchase, ask yourself five questions: Can I afford to part with this money? If you have to charge it to a credit card, you cant afford it. Can I pay the actual cost? Remember, the true cost of a thing stretches far beyond the price on the price tag. Will it add value to my life? It must serve a purpose or bring joy; otherwise, it does not add value. What are the alternatives? In other words, is this the best use of this money? If not, then use the money elsewhere. Can I get by without it for a while? If so, wait. Who knowsâ€"maybe a day of contemplation will help you realize you no longer want the thing you wanted. (We call this the 30/30 Rule.) Subscribe to The Minimalists via email.