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My Very Best Money Saving Tip

26 Jul

Okay, I don’t know if it’s really my “very best” money saving tip, but that’s the topic…Credit NCN for getting this “link-a-thon” started!

My tip:  WAIT.

If it’s a big ticket item (my definition of big ticket would be over $100), then I would put it down on my wishlist (a text document).  I would then do research on it.  Then I’d wait.

If after X amount (6 months for me) of time you still want it, then buy it!  If you’ve wanted something for that long, I can almost guarantee you won’t suffer buyer’s remorse.  In fact, at least for me anyway, I feel really excited when I get something that I’ve wanted for so long. And if you don’t buy it?  Well, congratulations, you just saved yourself X amount of money!  Good luck saving!

My tip really sounds familiar to Pragmatic Finance’s…maybe it really is a good one.  It’s also similar to Dollop of Sour Cream’s…

 
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  1. C.Carl

    July 27, 2006 at 12:51 am

    Ya, this tip is very fine for saving the money and utilizing it proprly.

     

  2. Free Money Finance

    July 28, 2006 at 12:31 am

    Star Money Articles for the Week of July 24…

    Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: Five Cent Nickel decided to pre-pay his mortgage. Blueprint for Financial Prosperity says that Carl D. Grossman of Joplin, MO stole his money. Consumerism Comme…

     

  3. Tim MMF

    August 3, 2006 at 11:18 pm

    I had a digital camcorder on my wishlist for about 2-months before I decided to buy it. It, and some accessories, lightened my wallet by about $1,000.

    Great tip.

     

  4. freedumb

    August 4, 2006 at 10:29 pm

    Nice Tim MMF! $1k :shock: Must be a nice cam! Now I see why you have the vids on your site.

     

  5. Financial Freedumb and Brownie - A PF Blog » The Right Way To Quit Your Job and What to Do After.

    August 24, 2006 at 4:02 pm

    [...] Can I put it off?  Postponing a purchase is saving money.  That’s why I wait to buy things. [...]

     

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