Impulsive Purchase Decision Maker
Created by Money Coach Teddy
Use this tool with a specific purchase in mind (item, service, subscription, etc.) to help you pause before impulsive buys. Answer a series of quick questions to gain clarity and align your purchases with your goals.
Have I thought about it for at least two weeks?
Does it solve a problem that I’ve genuinely noticed?
Will buying this hurt my progress towards my next financial goal?
Where will it be in five years?
Where will I put it if I buy it?
How long will I have to work in order to pay for it?
Can I be productive and happy without it?
What is the cost of it per use?
Does buying it support my priorities?
Is this the best way for me to obtain it?
Is it a high-quality item with a reasonable price-tag?
What is my current mental state?
What is the real reason I’m considering buying it?
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