In the past, we often shared how to distribute income. One of the simplest methods is the "333 Rule". Put money into "living expenses", "savings", and "investments". This is a general rule, and everyone can adjust slightly according to their own circumstances. . However, perhaps you don’t know, in fact, consumption can also use the "333 rule", that is, "three questions", "thinking" and "three comparisons" before consumption.
"Three questions" before consumption is to ask yourself: Do you really need to buy? How long can I buy the item? Where can I buy the cheapest? "Think twice" means to prioritize the quality of the item, whether the price is reasonable, and whether it has characteristics? "Three comparisons" is to shop around, and besides the price is better than the service, it is also better than the product content.
Live within your means, save money first, then spend money
The first principle of consumption is to live within your means and consider how much you earn, rather than spending more than earning. I have written a few articles in the past, all of which are related to the issue of living within our means. Today I will give a simple example to illustrate.
If your monthly salary is now 1,000 USD, you are suitable for three meals, do you eat about 5 USD per meal on average? The answer is of course not suitable! This is because after a month’s settlement, you will spend 450 USD on meals and meals alone, accounting for about 45% of your monthly salary. This ratio appears to be a bit higher, and this does not include the occasional cost of buying drinks or snacks.
After deducting 450 USD for three meals, your salary is only 550 USD. In case you are a renter, you have to pay rent, utility bills, mobile phone bills, transportation... so of course you will call every You can't save money for a month. Therefore, the first principle of consumption must be "pay within your means". You must set a reasonable budget for your food, clothing, housing, transportation, and entertainment according to your income, and then spend it within the budget.
In addition, I still want to remind again: Before planning the consumption budget, please first deduct the amount you want to save each month, that is, first subtract the amount of income you want to save, and the rest is what you can use for consumption expenditures money.
The "333 Rule" of Consumption: Three Questions, Three Thoughts, Three Comparisons
There are too many things that can provoke people’s desire to consume, such as department store anniversary celebrations, TV shopping, online shopping... In order to avoid accidental over-consumption, in addition to formulating a reasonable consumption ratio budget mentioned earlier, you can also Use the "Consumption 333 Principle" to manage your own consumption desires.
The book "I Want to Be Rich for Life" tells us that the "333 principle" of consumption refers to the "three questions", "three thinkings", and "three comparisons", which are briefly described as follows:
1. Three Questions
One question: Do you really need to buy something like this? Could it be just a psychological factor and not really need it at all?
Second question: If you buy such a thing, how long can it be used? Is the chance of use high? For example, many wives like to buy a bunch of pots and kitchen utensils, such as air fryer, bread maker, soymilk maker... As a result, they just use it once or twice after they buy it, and then they are put on the shelf. Take up kitchen space and waste money. I often watch videos of minimalist people recently. They think that one or two easy-to-use pots are enough, and everything in the house is “enough”. You don’t have to move everything you like back home, and the minimalist life allows Their homes are refreshing and easier to clean and organize.
Three questions: If after the first question and the second question, you feel that you really need it and you can use it, then where is the cheapest one to buy? If you don’t use it in a hurry, can you save more money by waiting until the season’s discount is on sale.
2. Think twice
One thought: think about the quality of the item? Because if you spend money, you have to buy quality things, and you get what you pay for. Don't spend money on rough quality.
Second thinking: Some things are of good quality, but the prices are being pushed up to an unreasonable level. Before spending any money, please think about whether the price of this item is reasonable.
Think twice: Some people often buy things as they like, without carefully considering whether this item is really distinctive? Is it worth the fare? After buying home, will it be out of tune with the things around you? This situation is most likely to happen when a girl buys clothes, buys a bunch of clothes that don’t suit her style and goes home, but doesn’t wear it at all, or it’s weird if she wears them out, it’s not worth shopping behavior.
3. Three comparisons
One-to-one comparison: Price comparison, different channels sell at different prices. Now you can compare prices online, find the cheapest channel to buy, and you can save some money.
Two comparisons: service comparisons. Some items require after-sales service, such as 3C products, home appliances, etc. When you buy, you must ask if there is a warranty period? How long is the warranty period? Is there a free repair?
Three comparisons: content comparisons. In addition to the different prices, different channels may also be matched with different gifts or discounts such as full delivery. So watch more and compare, and you can also earn some good gifts or discounts.