ICYMI: The 10-10-10 rule could help get your spending under control

How many times have you said to yourself...“I have to have this”? Do you really have to have it? Most of the time, that thing we “had to have” ends up in the back of our closet, forever forgotten.

In order to control some of your impulse buying, financial experts recommend something called the "10-10-10" rule.

According to the "10-10-10" rule, you should answer these three questions anytime before you make a purchase:

  • How will we feel about it 10 minutes from now?
  • How about 10 weeks from now?
  • How about 10 years from now?

The goal is to get a good sense of the item's value and how much you actually need it.

Good luck and happy shopping!

Source: Inc


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