How to know if I can spend money on a certain item?
I know my title sounds silly but please be patient with me. I'm saving money right now and I'm trying hard to work towards buying a house. Perhaps I can get some good advice from people who have managed that? I basically don't know where to draw the line, between buying something e.g. An iPhone 6 and keeping the money in the bank. If I'm saving money, but need a new and durable phone for instance, does saving mean I have to compromise on the quality of the phone I get just so that I can keep the money in the bank? The phone is just an example, what I really want to know is can people who are saving money still spend money on items they want?
Buying and shelling out addictions probably evaporated within this lousy economic climate - right?
Nope. Just like other habits, spending habits can raise their heads at the most inopportune times. They additionally know zero socioeconomic boundaries. This can be a problem that could affect well-off people, low-income folks and virtually anyone living between those people two two extremes.
If people or another person you cherish might have a problem with compulsive looking and shelling out, the subsequent tips can help.
Yes. But their savings will accumulate more slowly.
Robert has it right. The toughest thing for people is determining the difference between a need and a want.
You write about the iphone 6. What is it about this than makes it a need? What features does it offer that you can't live without?
If you make a list of features you NEED--Really NEED you will find a short list. If you are saving money the drop the want and iphone and get a simple but good smartphone from tracfon or equivalent and use it only when you NEED to. Saves you money on the phone itself AND the expensive airtime---you are probably spending $100/mo just on the phone plan.
saving is determining what one really needs vs what one wants.
You don't need an iphone - get a basic phine that handles text and voice and don;t pay more than $50/mo for service - you have to make sacrifices if you want to be able to save for the big ticket items - don;t eat out as much, cut down on unnecessary spending
- Why don't we spend more money on NASA? I know that we have a debt problem here in America but to me, NASA is worth it. In fact, if I remember correctly, the budget for NASA is below 20 Billion, yet we give foreign countries aid that is about 50 billion. Why don't we expand the program and also bring back the shuttle program? For those who say that NASA isn't important, where do you think the influence for our iphones came from?
- When I try to download certain apps on my iPhone, it says This Item Is Over 50MB? It also says 'You must connect to a Wi-Fi network or use iTunes on your computer to download it.' I've even turned on the Wi-Fi network on my iPhone & I have attempted to download it on my MacBook. It won't download!
- What should i spend my money on? I'm a 13year old girl i have been saving my money for a while. I don't know what to spend it on. I got 250$ i already have ipod camera laptop tons of clothes (not much time to wear cuz i gota wear skool uniforms ALLOT!) iphone (can't upgrade to the iphone five for too years) makeup (please don't call me a spoiled brat, i buy my stuff with hard earned babysitting money)
- What should I spend my money on? - 1 A Xbox 250 GB Slim or an Iphone 4? The funny thing is I have GTA V, & I have a basic phone. Yes, it's not even a smartphone. So I'm sort of stuck between these two.