Freedom splurging. Revenge spending. There’s a lot of talk about the kind of money we’re ready to drop as things begin to return to some state of normalcy.
If you’re partial to a change-of-season shopping spree, the best way to make sure you don’t end up with a huge bout of buyer’s remorse — or a pile of unnecessary debt — is to take a few factors into consideration before diving headfirst into a purchase.
And while you may not need to apply the same thought process to every spend, getting into the habit of sitting on a purchase before biting the bullet can save you loads and set you up to be more financially savvy post-lockdowns.
To offer guidance on how to determine the value and longevity of an item, we’ve compiled a list of factors to help determine whether or not it’s actually worth your cash.