How to Stop Buying Things Unnecessarily

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  1. You buy Books, A, B, C, D, E from Amazon.
  2. You don't read them.
  3. You're now thinking about buying Books F, G, H, I, J.

How do you stop buying things unnecessarily?

  1. "I will buy new books when I finish reading the unread books I've purchased."
  2. Done.

Before you make a purchase, try this:

  1. List things you've purchased but haven't really used.
  2. Know that the next thing you buy will likely go on that list.
  3. Tell yourself that you'll buy the item if you can clear your List-of-Things-I've-Bought-But-Haven't-Used.

For instance, companies that use consulting services tend to waste freakish dollars purchasing new consulting services.

  1. They purchase expensive consultants.
  2. Consultants provide expensive reports.
  3. Executives ignore expensive reports -- thinking they'll get back to them later.
  4. They never get to the report and instead purchase new consultants who write another report -- which they never really use.

Dollars wasted.

Cycle continues.

More dollars wasted.

Clear your List-of-Things-We/I've-Bought-But-Haven't-Used list before you make another unnecessary purchase.

Mechanisms.

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Posted on September 30

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