How Savoring Translates To Savings

New things seem like the most amazing things ever until you get tired of them and get the urge to replace them with newer stuff. The buy-boredom-replace cycle is natural and tough to avoid, but you can save money if you can figure out how to stretch it out longer.

Savvy Sugar suggests teaching yourself to savor your luxury purchases in order to get more fulfillment out of your financial choices. The advice is geared to vacations, but applies to just about anything you buy with discretionary funds.

Step one is to relish the anticipation phase. Instead of rushing out to seal the deal, do some research. Read up, talk to others about your plans and weigh the feedback to focus your own decision. Then let it sink it, sleep on it and repeat the process. This is the step that will save you the most money. If you take twice as long as your friends to size up your next phone or computer purchase, you’ll buy half as much as them.

Once you make your move, try to be appreciate the nuances of your new thing, rather than just tossing it aside and thinking about your next move. If you deepen your attachment to your experience you won’t be so quick to replace it.

The Secret To Making Your Dollar Last [Savvy Sugar]

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  1. Hi_Hello says:

    that’s what I do… not because I”m trying to save money. I just don’t want to waste money.

    I need to make sure what I’m buying is exactly what I want. PLus I”m attached to stuff, so I don’t like to throw it out and replace it. I just to use it until it’s broken, try to fix it, then replace it.

    • Awesome McAwesomeness says:

      I do too. Sometimes I talk myself out of whatever it is I’m wanting to buy too. That saves lots of money.

  2. H3ion says:

    I simply relish the anticipation of reading Consumerist. It makes the pleasure last all day. In fact, if I anticipate it enough, I can get the same pleasure without reading Consumerist.

  3. lovemypets00 - You'll need to forgive me, my social filter has cracked. says:

    Needs vs wants. That’s all you have to know to save money.

    I want a new 1080P internet ready flat screen TV. I don’t need it. But I’m slowly saving money to purchase one, using my credit card rewards dollars. I set up a separate share in my credit union account to keep the money aside just for the TV. And yes, since I have a 20 year old analog TV, I’ll appreciate it!

  4. yagisencho says:

    Great advice. I think I’m pretty much done with my Sega Dreamcast now though. And my fax machine. And my Sony Walkman cassette player.

  5. tooluser says:

    Buy a generation old every three years.