Mindful spending - Deepstash

Mindful spending

Before spending money on something, ask yourself: Do I need it? Do I love it? Do I like it? Do I want it?

  • Needs relate to: food, shelter, clothing, water. Things you must have to maintain your health and safety. 
  • Loves will continue to give you joy six months to a year from now. 
  • Lkes give you temporary joy, in under six months you might not remember. 
  • Wants are fleeting.

Take care of your health and safety and loves that give you lasting joy, and less money toward likes and wants. The more money you spend on likes and wants, the less money you have for needs and loves.

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lolaf

"You have to go broke three times to learn how to make a living." ~ Casey Stengel

The idea is part of this collection:

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