The 30-Day Rule

Waiting a month distances us from the planned purchase emotionally, filtering out any impulsive decisions.

Waiting for 30 days before making any purchase makes us use our discipline, foresight, planning and restraint, and would feel exactly like curbing our urge to eat jun...

1. Review your spending, taking an inventory of all your purchases. This provides a better understanding of where the money goes.
2. Start to look at what all spending can be curbed (it will be a lot) and one can start small, like by not buying the candy at the grocery store while waitin...

It is a budget rule to help people reach their financial goals. It states that:

• You should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do.
• The remaining half should be split up between 20% savings and debt repayment and 30% to ev...