Week 5
tips and info from precedents:
key questions to ask ourselves before making any serious
spending decisions, so we can be sure not to make a big spending mistake.
1.) Why do you want to buy it? 2:00
2.) Does it fit your [current] lifestyle? 4:20 (blaze it)
3.) Do I have space for it? 6:14
4.) Do I already have something similar? 8:02
5.) How many times will you use it? 9:45
6.) Can you thrift, rent, or borrow instead? 10:55
7.) Should you save for a more expensive version? 13:21
8.) Could [that $100] be better served elsewhere? 14:56
9.) Do you need it now? 16:18
10.) Who or what are you supporting? 17:36
11.) Is it actually worth 100 of your dollars? 18:47
6 Ways To Save Money You’ve Already Spent
1. Maintenance, cleaning, and tune-ups 1:37
2. Check the shelf life and use things up 3:35
3. Try to repair something before you toss it 5:13
4. Upcycling and keeping it timeless 6:43
5. Selling the things you no longer need 9:49
6. Return defective products 11:07
Create monthly spending challenges. Monthly goal changes
like monthly exercise challenges. Each month focus on one thing you want to
spend a little less on. E.g one month spend less on food shopping, one month
you go out less and do things in more, one month you don’t go shopping as much.
Each month you focus on a different category
User journey for base of app
Behavior change workshop
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