March 15th, 2013
The 30-day waiting period is a powerful concept. What is it?
The 30-day waiting period is a powerful concept. What is it?
It is where you wait 30 days before buying something you want. Instead of buying it the day you see it, you wait 30 days. It is highly likely that you won’t even remember what it was that you wanted 30 days later. It is to help with impulse buying.
If after 30 days you still want it and you have the cash to pay for it, go for it!
Right again, Katherine! Let’s recap. Before buying anything that is not a basic need, pause, and wait 30 days. This will allow your emotions to settle and reduce the effect of advertising as it prompts you make an impulse purchase. After 30 days, if you still desire that item and you have the cash to pay for it, go for it. This one very simple habit can save you thousands of dollars on a yearly basis. Give it a shot, it works!