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Calculate purchases by hours worked instead of cost

Postby JASPREET » 19 Nov 2022, 08:27

This is one of the best ways through which my parents have saved a lot of money and passed on this to me and what they do is to look at the hours/days/months or even years we need to work to earn that amount/cost we are planning to incur like for buying a Smartphone or Car or anything and this way we can plan accordingly and most of the times we will not go for the purchase so it will stop us from impulsive buying. <3
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Re: Calculate purchases by hours worked instead of cost

Postby Vehlijanta » 19 Nov 2022, 14:09

This is a new perspective but I never thought about this but can be considered to save money.
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Re: Calculate purchases by hours worked instead of cost

Postby oldbuddy » 19 Nov 2022, 16:17

I love impulsive buying from savings and I don't need anything that will discourage me from having fun. Otherwise, what am I saving for?
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Re: Calculate purchases by hours worked instead of cost

Postby augusta » 21 Nov 2022, 10:08

Another good way of saving money. I'm enjoying all the tips I'm learning from here. Though I have been trying this one sometimes
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Re: Calculate purchases by hours worked instead of cost

Postby Vehlijanta » 26 Nov 2022, 13:11

I starting doing that and saved myself from impulsive buying
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Re: Calculate purchases by hours worked instead of cost

Postby augusta » 26 Nov 2022, 23:47

Impulsive Buying is like worse style of spending money you would even be buying what you might not really be needing at the moment. So you are just wasting money.
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Re: Calculate purchases by hours worked instead of cost

Postby Yugocean » 27 Nov 2022, 07:59

I do take care of everything, cost and time both , time is money no doubt
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Re: Calculate purchases by hours worked instead of cost

Postby Loveable » 01 Dec 2022, 08:39

It's just another way to look at things before buying and we should see what suits us to save
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Re: Calculate purchases by hours worked instead of cost

Postby Tendz » 04 Dec 2022, 07:15

Nice approach that'll help make us value saving more. Building up your psychology effectively in this way is a great tool.
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