5 Questions to Ask Yourself before You Buy if You're Trying to save Money ...

This article gives you five questions, in five sections. That is twenty-five saving questions on an article that only offered five! That is five times more saving you are going to enjoy, just from reading this article!

1. Getting One

Do I already have one?
Do I really need one?
Can I borrow one?
Can I hire one?
Is there a free version I can try first?

If you already have one and it is doing its job, then is buying another really that important? Will you be at a complete loss without one? You have to account for the fact that you may have been “sold to”. You may have fallen for the sales pitch of a company that has instilled a need, want or desire that is unnecessary. In this case, the old saying, “sleep in it” is very apt.

If that does not quench your lust for the item, you should try another very effective method. Find out all the other things you could purchase with the money you are going to spend on the item. It may be a list of smaller things such as a bottle of rum, some sushi and a DVD, or it could be another big purchase for the same amount of money. This list will act as a very good way of dissuading you from spending your money.

Can you hire one for less money? There is no need to buy, if in the end you would save more by hiring one. Even if you only make the saving in the short term, you have no idea how rich you will be next year. You may be able to afford five next year, or you may be forced to sell the item next year--resulting in a net loss.

Sometimes the purchase is not as great as you think it is. Try a demo version first. Try a free test run, or have a go on a friend’s. You may find that it is quite disappointing.