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What's it Worth to You?

August 29th, 2006 at 09:05 pm

I read an interesting post from Young and Broke about Psychological Income: basically, the emotional return you get from a given action. She applied the concept to purchases, and it's a valid consideration to make. I've been keeping track of my spending this month and there are too many areas in which I've nickle-and-dimed myself, not getting a good return on my investments.

There are some things I'd planned to get for the fall/winter season, and I'm finding little things that I wanted to purchase. But I need to be more careful with the "I wannas" -- those little nifty items that I can do without and that add little value to my life. These can really derail my budget, especially since I'll be working a little less at the Souk.

I need a more stringent assessment of the little, offhand purchases to be sure that they really mean something to me.

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