Today? Tomorrow? Whenever? There are always things to spend money on, just like there are always opportunities. When you are out shopping, whether it’s for groceries or for a new home, be aware of when you feel pressured to buy something right now because it’s a ‘once in a lifetime’ deal; or because you will miss a good buy; or because there is only one. When you understand how your fear of missing out affects your emotions, you will put yourself in a position to take control of your decisions so they are more calculated and in alignment with your big picture goals, values and priorities.

How do you do this in the moment? A note book and pen or cell phone works wonders for you to make notes about the thing, price, why you want it, why you want it now, and what the consequences of waiting are? Are there any potential consequences of buying now versus waiting? And, does anything else have to happen first? Complete a written mini analysis, or better yet, prepare a written list of what you are going to spend your money on before you go out shopping. Give yourself time. Put things on hold if you need to so you can prepare your written analysis – it doesn’t have to be complicated – just personal so you stay in control of your financial decisions.