FMOOD 0348: The Golden Spending Rule

If you can't afford to buy it twice, then you shouldn't buy it. If you follow this simple rule, it will make your purchase decisions better aligned with your overall goals to get out of debt and get into prosperity.   It's very easy for us to make a decision to buy something by thinking about whether or not we can afford it. Many times, we either consider the amount of cash that we have available to us or we consider how much available credit we have on a credit card. Rather than thinking about this on a single level, we should expand on this and apply some critical thinking concepts.   I'll go over some ways that I've learned to apply the golden spending rule to help make better spending decisions, and I'll also include a great tip on how to expand on this concept even further. Doing these things will help you to keep more of your hard-earned money in order to apply these resources toward debt, and this of course will help you to get out of debt and get into prosperity that much faster. God bless.