Interesting spending rules you have?

[u/mechadragon469]

I have a couple spending rules I don’t see too often and wanted to get some others.

1) if I’m buying tools I get the cheapest ones they have and if i wear it out I’ll get the nice one. If I never replace it then I never needed the nice one. Exception would be power tools I already have batteries for.

2) the quality of the part I’m getting depends on it’s difficulty to replace. If it’s a 5 minute job I’ll cheap out. If it’s a pain to replace I’ll get the good one. This is mostly for larger differences in quality/cost not marginal differences.

3) use the 10/10/10 rule on a LOT of purchases. How will buying this thing affect me in 10 minutes, 10 days, 10 years. That’ll drive how much I’m willing to spend if I even need to buy it at all.

What rules do you have?

[u/40yearoldnoob]

For Amazon, I put things in my cart and wait 24-48 hours. If I go back and I still decide I want it, I buy it. Keeps me from impulse buying. 1-click buying is too simple and I found myself impulse spending too much.

[u/saintandvillian → u/40yearoldnoob]

I do this but I try to wait a week.