Great article on Need vs. Want and the true cost of things…
Key points:
- Get your hands on Charles Long's book, How to Survive Without a Salary. He practiced what he called the “Conserver Lifestyle.”
- Needs are relative. Private school, golf club membership, Lexus etc.
- 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?
