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Ask yourself "The Question" we all need to answer Before Spending

 


You're not alone. Shopping is an important part of Western culture. Whether buying online or in store, shopping is now part of our daily lives. For example, the United States spent $ 342 billion on online purchases in 2015 alone. In 2016, the United States purchased a record 17.6 million new vehicles. Fast-fashion clothing retailer Forever 21 generated $ 4 billion in sales in 2016, while rival H&M produces between 550 and 600 million pieces of clothing per year. There are many mental reasons Americans enjoy shopping. Manufacturing can be powerful. We can choose between these and this product, so we don't fear the future, and we'll want to buy something that we won't use out of fear (Psychology Today). The first thing we can do with the United States is recognize that we are exposed to overspending… Then we can decide how to overcome this problem.

I was talking to a friend who bought a pair of pants for $ 3 from Primark (another fast paced store). “It was a mess to wear it once,” he said. He had to wear clothes two or three times and throw them away (donations) because they were selling cheap clothes. My question is: where are the 600 million H&M garments sold in 2015 now? How many years have they lived and can they still wear? If not, where are they all going?
There is one question I always ask before I buy, big or small.

How long will this purchase last? When you buy a new iPhone, how long does it take for software upgrades to keep your iPhone from working? If you wore a $ 10 dress, how long would it last? If my Keurig coffee machine is not working, can it be repaired? Most of our products will be used for a short time. That way, you will have to buy it again weeks, months, or years later. This is especially true for clothing. Durable accessories are more expensive, and buying better clothes doesn't immediately satisfy you with repeat purchases and updates. Americans fight a tough battle when it comes to spending money, but there are ways to destroy our old ways of doing things. By paying more attention to your purchases, you can choose smart options that will save you time and money. Think about how we spend our time shopping. According to the Office of Labor Administration in 2016, an average person spends 0.31 hours on weekdays and 0.48 hours on weekends shopping for supplies. Using these statistics, the average US market is 130 hours or more per year (40 hours per week). This figure does not include time spent managing purchases, such as cleaning, ironing, assembling, cleaning, dusting, planning, storing, repairing, selling or donating.

I think I asked myself these questions before purchasing a new set of kitchen knives. The knives do not come with a sharp stone and do not sharpen. They should be replaced in a few months. Next time I will review my purchase and see if I can use it for many years to come. The knives were cheaper at first, but they had to be replaced every few months. Buying durable products will save you time in purchasing replacement parts and break the old habit of buying products regularly.

The next time you shop or shop online, ask yourself how long the product will last. Have you ever wanted to ask yourself these questions before buying? Or are you asking yourself these questions about your next purchase? Let us know in the comments below.