Save Money With The 30-Day Rule

The Thirty Day Rule is a rule whose sole intent is to stop you from splashing the cash unnecessarily. We’ve all done stupid things or made errors in our judgement. How many iPhones do you see for sale on eBay because people didn’t really want or need them (they should have read our article about How to Buy a Cheap iPhone) and now their selling them to try to recoup their losses.

Here are the basics of the Thirty Day Rule to save you money-

You see something you like but you aren’t too sure if you really want or need it. Wait a month. Yes an entire month. This month could save you hundreds (and in some cases even thousands) of dollars. It’s almost a sure thing that by the end of that month you’ll no longer want the item or will have figured out a way to live without it.

This rule may seem a little harsh – I mean thirty days is a long time to wait. But think about all of the people in debt or simply struggling to make this months rent. Some of them have genuinely fallen on hard times but others are letting their money burn a hole in their pockets to the extent that they have to run out and buy the latest flashy gadget or new top. It’s almost always careless and useless spending that gets people into the hole. And it’s applying this rule, along with others, that’ll get them out of it.

So next time you want a new mobile phone, bag, car or house – apply the thirty day rule and if you feel differently then you’ll have saved yourself a lot of money (by doing nothing!). If not…well maybe you really do want or need that item. Still – better safe than sorry!

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