Though it is believed that rich people are obsessed with the idea to buy expensive things for their lavish homes and to vast their designer wardrobes, the truth is that most of them live on a lot less than you might think. For sure, most of them have some extravagant tastes. Nevertheless, generally successful people are very mindful when it comes to their spending habits. To be specific, mindful attitude towards money is one of the reasons for all their excess cash.
The main difference between an average person and a successful one is that successful people function differently than the average Joe. Though it is believed that rich people go on wild spending sprees, the truth is that they do not purchase, pay for or act on things they consider a waste of money.
If you want to shop like successful people, the information below will help you to understand two basic rules of shopping as well as to drop some wasteful spending habits.
RULE #1 – NO IMPULSE BUYS
If a practice of buying a cart full of stuff instead of one thing you intended to buy sounds familiar to you, it is time to change your spending habits. Yes, maybe it was a Fire Sale and you saw a lot of attractive stuff at even more attractive prices. It happens so from time to time and all of us can spend some extra money on things we want to have because they are cheaper than usual. Nevertheless, the tip is to set a sum of money before you start shopping and try not to spend more than you planned. If such a trick does not work with you, try to bring with you only a predetermined amount of money to spend at each store.
RULE # 2 – NO NEED IN HIGH-END BRANDS
Though in the most cases you see celebs on red carpets dressed in some enormously beautiful and incredibly expensive dresses and suits designed by world-famous brands, it does not mean that rich people choose designer labels for every purchase. Though usually, they have enough money to afford any luxury item they want, that does not mean that they should. The truth is that successful people understand the importance to buy things that combine both good quality and cost. So it is quite common when a rich person leaves a store to buy the higher quality item from a cheaper store. So the next time you want to buy a pair of jeans at $300, ask yourself if it is really worth your money. All in all, you can always check a Fire Sale to buy the same pair of jeans at more affordable and attractive price.