CHRISTMAS TIME NEEDS PATIENT MONEY.
This time of year is best time for talking about patient money. What I mean by that talks about not making impulse buying decisions with gifts.
Christmas seems to be about the luxury of making impulse buying decisions. "Little Jimmy would love this gift", or "Cousin Martha would love these pair of mittens", etc. Most times you don't know about these gifts until you see them in the store.
Your logic in the store is, "I'm probably not going to be back at this store, so I better buy this gift right here, right now!" The retail stores love this logic. They're very excited when you don't think about your purchase. They prefer quick action than calm, unimpulsive, think it over type action.
I try to make it a habit to think things over before I spend money. I go to the store, walk around, come home if I'm not sure that it's the right decision. If after a day or so the purchase still feels right, I go ahead and buy the item.
Sometimes it's great to visit stores like http://www.walmart.com/ or http://www.canadiantire.ca to get a feel for what they've got before heading out to the store.
Being patient with your money may mean that you have to go back to the same store more than once. The upside is that you'll probably feel better about the purchases you made from a financial stand point, and will probably have made some better gift buying decisions.
This time of year is best time for talking about patient money. What I mean by that talks about not making impulse buying decisions with gifts.
Christmas seems to be about the luxury of making impulse buying decisions. "Little Jimmy would love this gift", or "Cousin Martha would love these pair of mittens", etc. Most times you don't know about these gifts until you see them in the store.
Your logic in the store is, "I'm probably not going to be back at this store, so I better buy this gift right here, right now!" The retail stores love this logic. They're very excited when you don't think about your purchase. They prefer quick action than calm, unimpulsive, think it over type action.
I try to make it a habit to think things over before I spend money. I go to the store, walk around, come home if I'm not sure that it's the right decision. If after a day or so the purchase still feels right, I go ahead and buy the item.
Sometimes it's great to visit stores like http://www.walmart.com/ or http://www.canadiantire.ca to get a feel for what they've got before heading out to the store.
Being patient with your money may mean that you have to go back to the same store more than once. The upside is that you'll probably feel better about the purchases you made from a financial stand point, and will probably have made some better gift buying decisions.
