What is there to say about this, let’s see…DON’T. F’ING. DO IT!! If you don’t have the money for something, and you don’t absolutely, positively need it, then don’t extend your budget trying to buy it. Nothing like going into unnecessary debt because you just had to have the latest gaming console, clothes, cars, making people think you are richer than what you actually are, “high maintenance” (which applies to men just as much as women), and the list goes on.
Honestly, even some of the things you may think are ‘necessary’, like a brand new car because you currently have no mode of transportation, can cause superfluous debt; i.e., brand new vs. used. All in all, what best helps for things that are a little less obvious on the sliding scale of necessity vs. luxury is sitting down, coming up with a realistic list of all your assets, namely how much money you, your spouse, whoever else makes, and making a super realistic budget that accounts for both the necessities and your ‘gotta-have-its’ and ultimately determine your disposable income. After doing this, look at the things you wish to buy and categorize it as a necessity or luxury.
Lastly, research the different methods you can use to purchase and pay for these things and try to, obviously, spend the least amount of money trying to afford whatever it is, priority given to the necessities over the luxuries, leaving the cost of your luxuries to be taken care of by your disposable income. This way, you know your budget and can start cutting out all the fat that you may think you need, but is just costing you money you really don’t have. Granted, it’s also important to have money saved for ‘rainy days’, last minute costs, & the post-Apocalypse when everything is super expensive and humanity is in the process of recovering >.>
That being said, I’m obviously not some expert life coach or whathaveyou, and there’s always going to be cases of things coming up at the last minute, trips you want to take to ‘give yourself a break’, and the list goes on, but as Americans, there’s definitely a rampant case of unnecessary spending and living beyond our means that a lot of us suffer from and need to quickly reconcile ~.~