To avoid costly and unnecessary purchases, some things must be considered:

• Is it something you really need?

• Are emotional reasons involved? Some buy to overcome sadness. Others, just for showing off, or due to jealousy – a friend has just bought latest mobile phone model and doesn’t like to be left behind on the latest trends.
  

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• Look at the price. Is it reasonable?

• Is it the best buy for money?

• Is it of good value? Some luxury items lose their value quickly.
  

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• Compare prices from different stores. Go for the cheapest ones.

• Anticipate how costly the upkeep will be.

• Refuse compulsive buying. Many will purchase because they feel they must have it. Take time to think before purchasing.

• Buy according to your budget. Will there be enough cash left after purchasing, to spend on basic and important things?

Think many times before making a big purchase so that you will not regret later on when you are dissatisfied on the item after the long run.