You heard your boss telling your coworker that you might get an increase on the following month.
Because of excitement, you suddenly rush to the mall as fast as you can and bought your new Fendi bag.
What's wrong with this scene? There is nothing wrong if you feel too excited because of the salary increase.
The problem is that you are actually spending money that you still don't have.
The better thing for you to do is to wait until the succeeding month until you will be given the ticket to buy the thing that you like.
The problem with this kind of attitude is that you get too excited in owning an item and so you would just comfort their self with the thought that "its ok, I can just pay my dues the next month.
" And so next month arrives and you will soon say "I'll pay it next month, really!" then "the next month, that's it!.
" You will keep on making excuses until the time when you will forget the fact that you really need to save in order to pay your accumulated credit card debt.
If you will keep on practicing this attitude then the more likely you will fall in the pothole of debt.
The better thing to do is to wait until the time when you are able to tangibly hold the money until you buy the thing that you like.
Don't fret a lot, the time until your pay date do not arrives when you reach forever! Just wait.
We live in an age of instant gratification.
No one has the patience to wait for anything anymore.
We never put off tomorrow what we can borrow for today.
And people wonder why depression medications are selling now more than ever.
Stuff will not make you happy.
Having control over your financial life will.
Not fighting with your spouse over money will keep you both happy.
Practice saving up for an expensive purchase without going into debt to get it.
You will feel more satisfaction and there will be peace in your household because you don't have to worry about how you will pay the mortgage payment this month because you owe so much to your credit card company.