Remember this post about my 2015 de-cluttering challenge? Well, that was a big fail. Somewhere along the way, my husband and I started spending like YOLO type of people. A large part of it was to reach a maximum spending on a new credit card to get rewards — something crazy like spend $4,000 in 3 months.
I can also blame this post “Stop Wasting Time on Minor Life Decisions” from I Will Teach You To Be Rich. It basically says that people waste too much time overthinking every little purchase. Since I’ve spent time comparing costs on toilet paper, I think I definitely fit into that category of people who waste time on minor decisions. After reading this, I decided to spend less time comparison shopping. That’s not the bad part. However, I’m not quite sure why that this new habit was accompanied by a desire to hit the “buy” button more often.
I’ve just been hit with the new credit card bill. Along with big costs like auto repairs, we’ve ‘cluttered’ our house with new clothes and shoes for everyone, emergency flashlights, a fire extinguisher, picture frames, chalkboard stickers, vacuum cleaner, motorized hair clipper, and a stockpile of household paper goods.
How do you stop the downward spiral of overspending?