Why It Pays To Wait On Big Purchases

pocket watch - time

Even though I live a relatively frugal lifestyle, I enjoy nice things. The ironic thing is that if we purchased things like the average American, there is no way we could enjoy these nicer things. But by taking a few steps it’s possible to have your cake and eat it too.

The main ingredient to having the nicer things in life, as opposed to complete deprivation (which many equate frugality) is simply patience.

Here are five reasons it pays to wait for bigger purchases:

1. You can pay with cash: This one always seemed terribly obvious to me. Sure, you want a fancy vacation and you want it now. Why not wait a year and save up the cash, rather than put it on your credit card today and

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4 Responses to Why It Pays To Wait On Big Purchases

  1. Stein says:

    Hard to argue with that.

  2. Amy F. says:

    I was recently able to get a new flatscreen monitor for my computer–something I’ve been wanting for about 5 years–when I finally, finally saw one on a great sale with a rebate last month. Waiting 5 years also helped the price come down quite a lot! I think waiting to buy expensive things helps me appreciate them more, too.

    Interesting bit about the timeshare.

  3. Elias says:

    Cool!

  4. Milos says:

    Sorry :(

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