Calculate purchases by Working hours

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
Whenever we buy a product we look at the cost and if instead, we can look at the cost and also consider how many hours or days or even months we take to earn that amount of money then naturally we won't for any unnecessary product and this will help us in not getting into impulsive buying.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
Whenever we buy a product we look at the cost and if instead, we can look at the cost and also consider how many hours or days or even months we take to earn that amount of money then naturally we won't for any unnecessary product and this will help us in not getting into impulsive buying.
Hmm
A lot of us don't look at this. I have never thought about this too. Thanks so much for raising the issue. I will begin to take note
 

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
I also loved this thing because I just came to know about it Yesterday and its another way to look at our expenses and when we realize that we need to work for almost 2-3 days to earn the amount we are about to waste on a thing then we may stop buying those things
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
I also loved this thing because I just came to know about it Yesterday and its another way to look at our expenses and when we realize that we need to work for almost 2-3 days to earn the amount we are about to waste on a thing then we may stop buying those things
Exactly and the saddest thing is that things are becoming very expensive. I am always scared to touch my savings because it may not be enough to buy what I want
 

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
Exactly and the saddest thing is that things are becoming very expensive. I am always scared to touch my savings because it may not be enough to buy what I want
I will also look at this thing now so I feel this can control my impulsive buying and save me money.
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
I got your point and that is very true. Whenever you make the purchases you also need to know how many hours it took you to make that particular money. It will also help you not to spend recklessly.
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
implementing this particular strategy is something I will always be doing. it will actually be of a great deal in helping combat unnecessary expenditures.
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
If I told you I understood that analysis, then I am lying. I understand that time is an important factor to evaluate everything.
I think the analysis is very simple. He said that whenever you want to purchase something you should always calculate the time it took you to make that amount of money you will use in purchasing that particular thing. That way it will make you to be more prudent with your finances.
 

hastral45

Notable
Member
Sep 16, 2022
3,808
323
Dex
$0.000
Raw Dex
$0.000
It is not everytime you will be calculating how long it took you to earn the cost of your purchase. What if the cost is essential like fuels, rents, insurance, school fees etc, do you consider this factors in order to avoid the costs?.
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
It is not everytime you will be calculating how long it took you to earn the cost of your purchase. What if the cost is essential like fuels, rents, insurance, school fees etc, do you consider this factors in order to avoid the costs?.
You may not have to calculate the time it took you to make the money when you are buying essential products. You only do that when you are buying luxury products to avoid spending extravagantly.
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,989
664
Dex
$0.000
Raw Dex
$5.405
This is so another method for people to be able to manage their expenses. By the time you reason hoe hard you had to work before raising the money to buy this thing, then you would have to consider how important it is.
 

Springtime

Well Known
Member
Dec 22, 2022
7,929
294
Dex
$1.340
Raw Dex
$0.105
That is a good tip to prevent impulse buying. When I come across anything (other than necessities) I'd like to buy, I would think how much I have earned so far during the month and whether I am able to reach my savings target. Such thinking would help me to overspend on unnecessary items.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
This is so another method for people to be able to manage their expenses. By the time you reason hoe hard you had to work before raising the money to buy this thing, then you would have to consider how important it is.
This will even help you to know the things that you spend your money on so that you can know if they are relevant or not
 

Chibson

Well Known
Member
Nov 22, 2022
7,087
435
Dex
$0.000
Raw Dex
$0.000
This will even help you to know the things that you spend your money on so that you can know if they are relevant or not
spending money on necessities is always important or necessary. It will probably make you to determine your needs and spend money in it instead of your wants.
 
Back
Top