Important Questions to Ask Yourself Before Making a Major Purchase

Important Questions to Ask Yourself Before Making a Major Purchase

Making the decision to spend your hard-earned money should be worth more than a passing thought — especially when it comes to big purchases. And yet, people make purchases every day, whether it’s a beautiful blouse, the latest smartphone or even a new car. Often driven by immediate gratification or the subconscious (or conscious) desire to impress others, these purchases can harm your overall financial health if you are not in the right place to make them.

Learning to step back and reflect before making a big purchase is essential to staying financially stable and not burdening yourself with debt or perpetuating negative behavioral patterns. But how do you change these habits, especially if shopping this way is something you’ve been doing for a long time?

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