Do you really NEED that? How much will it REALLY cost you? - Passive Income MD

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Do you really NEED that? How much will it REALLY cost you?

May 9, 2017 • 1 Min Read

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Great article on Need vs. Want and the true cost of things…

Key points:

  1. Get your hands on Charles Long's book, How to Survive Without a Salary. He practiced what he called the “Conserver Lifestyle.”
  2. Needs are relative.  Private school, golf club membership, Lexus etc.
  3. Here is what to do before making a purchase: Ask yourself six critical questions: What is the problem?, Who needs it?, What would change the need?, How long will it last?, What are the alternatives?, What are the costs?

Read the full article here:

Do you really NEED that?  How much will it REALLY cost you?

Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.

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