Have you ever made some purchases only to later regret wasting your money on things? In an effort to cut down on "crap" purchases, with "crap" meaning things that I only temporarily wanted vs. actually needed, I've been using a new technique.
The way I originally intended to do it was to write down on a sheet of paper all the "stuff" that I really wanted and also rank those items on a priority scale (with the prices associated with each item on the right side of the page). I was amazed as to how much stuff made it on and off the paper as time progressed. I also discovered that some really big and expensive items made it on to the piece of paper and then after some time I discovered that not only were they not a priority but I actually didn't want the item at all anymore as in "Thank goodness I don't own that money pit."
I no longer write things down but I do hold off on making any purchases after a cooling off period.
The worst regrets tend to be items that keep costing you even after making the original purchase. For some, that might be a second car, a motorcycle, a boat, a cabin. Who knows. The point is, just because the original purchase is done, doesn't mean the expenditures are done. Sometimes we have to keep on paying (and paying) even if we don't use the item.
I guess I'm encouraging you to take note of the number of "crap" purchases you make and start to monitor your past buying behaviors. Writing things down and waiting a few weeks (and possibly a few months) seems to work great at making sure you really want the item, or need the item and prevents you from making impulse purchases that not only will lead to regret but prevent you from using those financial resources for other things (like savings and investments for example...)
And if you don't write them down, at least take a mental note and proceed through a cooling off period to at least avoid impulse purchases. Most things that we purchase aren't really emergencies (we just think they are). Generally, we can go a few more weeks without them especially since we have been without that item up to that point in our lives.
Anyway, there are a few things that I purchased lately that I call "Happy purchases." The first is my Amazon Kindle DX electronic book/reader. It's the mack-daddy model that you could SEE HERE . I LOVE this thing. It is so easy to download books, the books are far less expensive than buying the paper version and the model can store over 3,500 books at any given time (and you could archive and swap if you need more capacity or want to build a bigger library). I give this 6 stars on a 5 star system. I was nervous about going electronic because I love my library at home but I can see how this benefits me tremendously. And the extra benefit that nobody talks about; Nobody can ever borrow a book from me and not return it :) I'm officially out of the book lending business. If you want a book, download it yourself - HA! If you are a book whore like me, you may want to put this on the wish list.
Warning though, spouses might not like the Kindle DX. Angela keeps asking me if I kiss the Kindle goodnight or if I rub its back or eat breakfast with it. The answer to those questions is "absolutely" but jealousy isn't really a good thing in a marriage. Be warned.
I have also been scoping some MERRELL'S for a long time now. And I finally picked up an awesome pair (low cut hiking shoes not high cut boots). This really doesn't count as a normal expenditure because I've been hording a number of Bass Pro Shops gift certificates that were given to me so I was able to go a bit crazy in one shopping spree. If you love nature and the outdoors, you gotta love Bass Pro. And I love my Merrell's!!!
And finally CAPTAIN LOU ALBANO died today. Bummer Capt. Lou. I remember watching him growing up. R.I.P. big fella.
Heading up to Spruce Pine, NC this weekend to visit Angela's mom and also to drop the dogs off. Angela's mom is going to watch the dogs for us as we head to Washington, D.C. for vacation next week. Low temps in the 33/34 degree range this weekend up there in the mountains - YIKES!!!
On the health side I've been on a nice little groove getting in at least two weight sessions per week. This is a top priority for me as I get older. I need to stay focused on overall health and maintaining muscle mass. Plus, nobody likes a little girly man with arms of spaghetti...
By the numbers;
- 184.2 - today's weight (January 1, 2009 weight was 184.2). Goal weight for 10/25/09 is 165.
- 10 - days until the Marine Corp Marathon
- 239 - Total days trained in 2009
- 0.00 - Miles run today
- 271.75 - Miles on current pair of shoes
- 1,227.25 - Miles run in 2009