Comments on: As in Business, So in Personal Finances http://www.debtreductionformula.com/blog/rule-for-personal-finances/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 14 Oct 2011 01:06:08 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ryan Healy http://www.debtreductionformula.com/blog/rule-for-personal-finances/comment-page-1/#comment-45994 Ryan Healy Fri, 26 Sep 2008 15:05:02 +0000 http://www.debtreductionformula.com/blog/?p=281#comment-45994 MDR - Thanks for you sharing your story. I bought a paintball gun a few years ago. My brother was into it, and I went with him and his friends a few times. Since then, I haven't used my paintball gun in more than 2 years! Definitely something I need to get rid of. :-0 Ryan MDR – Thanks for you sharing your story.

I bought a paintball gun a few years ago. My brother was into it, and I went with him and his friends a few times.

Since then, I haven’t used my paintball gun in more than 2 years! Definitely something I need to get rid of. :-0

Ryan

]]> By: My Debt Refinance http://www.debtreductionformula.com/blog/rule-for-personal-finances/comment-page-1/#comment-45980 My Debt Refinance Fri, 26 Sep 2008 10:21:40 +0000 http://www.debtreductionformula.com/blog/?p=281#comment-45980 I bought a bicycle like four months ago. Planning to use it every day, the reality was it started collecting dust in the garage of my building. I bought the bicycle with a good intention and later realized it was more a compulsive decision. A friend of mine offered me some little less than the price I paid for it. As you mentioned in the post, it took me more time to take the decision to sell it, than to make the decision to buy it (even with it just collecting dust). So after this, the lesson kicked in, and since then I have been thinking about all the aspects involved before buying something (like, will I really use it? When am I going to use it? Do I have the time?). I have stopped buying a lot of stuff with this new logic. I bought a bicycle like four months ago. Planning to use it every day, the reality was it started collecting dust in the garage of my building.

I bought the bicycle with a good intention and later realized it was more a compulsive decision.

A friend of mine offered me some little less than the price I paid for it. As you mentioned in the post, it took me more time to take the decision to sell it, than to make the decision to buy it (even with it just collecting dust).

So after this, the lesson kicked in, and since then I have been thinking about all the aspects involved before buying something (like, will I really use it? When am I going to use it? Do I have the time?). I have stopped buying a lot of stuff with this new logic.

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