I stumbled across this article on WikiHow yesterday, and thought it would make a great addition to Practical Cents. There is so good advice on ways to keep from spending more money that you should - something we all need to try to do with the fast approaching holidays!
For the full article and all 21 steps plus tips and a warning, go to http://www.wikihow.com/Buy-Nothing.
How to Buy Nothing
In O. Henry's classic Christmas story The Gift of the Magi, Della Young sells her most prized possession, her long, beautiful hair, in order to buy her husband, Jim, a Christmas present. The present she chooses is a chain for Jim's heirloom pocket watch, the only valuable thing he owns. When she presents her gift to Jim, she discovers that he has sold his watch in order to buy a set of ornate combs for her beautiful locks. Is there a lesson in here for us? The lesson is you don't have to buy anything to be happy.
Here's how to resist the urge to splurge:
1. Examine your spending habits. Are your buying decisions motivated by your own values or by advertisements? Don't be influenced by consumerism and an obsession with spending.
2. Stay home. If you don't need to shop, don't go shopping simply because you are bored. Don't use shopping as a recreation or amusement.
3. Leave the money at home. The easiest way to not buy anything is simply not to take any cash, checks, debit cards, or credit cards with you when you go out. At most, take a small amount of cash with you for emergencies.
4. Avoid plastic. Try putting your credit card in a container with some water and freezing it. That way you have it for holidays and emergencies but not just to go buy stuff. Or, better yet, give it to a relative you can trust.
Thursday, November 5, 2009
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- The Practical One - Valerie
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