Think First Before You Buy
During sales and promo seasons, a lot of people will be on a spending spree and will be buying gifts for their loved ones. Some of those gifts may be gadgets that will cost a few hundred bucks like the newest Amazon Kindle or the latest Apple Ipad or Iphone. I try as much as possible to check first my budget and ask if I really want to buy something as expensive as those gadgets. I also think about is this purchase is a need or a want. They are different in some ways; a need is something that you may have a hard time to live without while a want is something that you can easily live without.
Once you have determined if it is a need or a want, it is important to check if there are other products that costs less than but has the same quality as the much expensive brand. An expensive brand does not necessarily mean it is the best that is why it is important to compare the features and the costs of the much expensive brand to the one that has the best value for our money.
It also important to think about the long term value of your gadget like for example the Iphone. Apple releases a new version of that expensive smart phone every 6 months and when that happens, the value of the last generation Iphone loses some of its value. It is because people would normally buy the latest and the newest version of the Iphone. So if you are buying an Iphone, you may want to look at other smart phones that don’t change as often as the Apple Iphone such brands like the HTC and Samsung comes to mind when you are talking about the best smart phone manufacturers in the world.
Instead of buying something, it may wise if you save your money and invest it in something that you have interest in. In that way you can buy the gadgets that you want by simply using the interest of your investments. That is one way of being wise about money management. It is important to think before you buy especially if it is a big ticket item. By using the advice given above, one can save money and be able to enjoy the best purchase that one can get. It may simply take some browsing in the internet to compare prices and value but it will help you decide which gadget to buy or to not buy at all.
During the sales and promo season it is important to focus not only on the gifts but things that money cannot buy. We must try to focus on the intangibles that don’t need money like love. When we focus on the intangibles we begin to value things that are priceless and have more lasting value than gadgets. This holiday season the best gift we can share is the love in our hearts. When we do that we receive more blessings that we can ever imagine.
