If you've been thinking about buying a car, renovating your home, or some other big financial deal for a long time, this rule might show you how avoiding impulse purchases can help you achieve a bigger goal.
The decision to shop smarter and more sustainably is always commendable, but anyone who has made it has quickly found that how hard it is to resist impulse purchases, which immediately lift our mood, but leave slightly longer-term consequences on the budget.
Impulsive purchases are usually regretted and promised not to happen again.
The solution is the "30 day rule"
As a solution to this problem, there is more and more in the world the popular 30 day rule, which helps in saving. The rule itself is not great science – when you see something you are like, wait 30 days, before you buy this. If you still like it after this period, you can buy it. If you forget or change your mind about this item - you will save money.
If you want to take it a step further, you can put on away money equal to the value of the item, which you would buy, so if after 30 days you decide you don't want it, that money is converted into savings.
