Managing to keep a significant amount of money in the bank account at the end of the month can be a constant challenge due to unexpected expenses and small personal luxuries. This method offers a practical and easy-to-follow solution for achieving financial goals.
The rule consists of pausing for 24 hours before making any purchase that arises impulsively. This reflection period allows consumers to evaluate whether the desired item is a real need or just a passing whim.
The key is to reflect on the real value of the item and how it aligns with your long-term financial goals.
During these 24 hours, it is recommended to compare prices across different platforms and establish a clear monthly budget. Regularly reviewing expenses and remembering financial goals (such as buying a home or creating an emergency fund) are crucial steps to maintain discipline.
