Getting things off your list.

[Rruchi man]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

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[Oasisman]

well, savings means for emergency or future purposes. So, I guess when you get your salary from your day job or profit from your business, you gotta separate funds intended for necessities, wants, and of course for savings. I shall say, don't rush things (luxuries) to buy even If it is just within the range of your budget because you'd never know you needed more money for necessary things. Another thing is that, most stuff today like gadgets, cars, appliances, and etc. are developing almost every year and these companies keep releasing new versions of it.
Believe me, even if a person gets rid about his wants, he'll come up again with another stuff that he likes and these hindrances will just go on a roller coaster.
Reality is that, saving money isn't easy.
IMO the new trend today isn't saving anymore, instead invest your money where It could give you good returns rather than letting it sit to a safe deposit vault and only earn 2% interest annually.

[Gozie51]

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

I easily understand what you mean here that delay is dangerous kind of but sometimes too you see that delay is not procrastination. Procrastination will be different from delay because it is trying to postpone a deal day that something should be done this is not the best habit but delay may be a result of unavailability of certain thing. At times too when you delay you may wade off certain evil or negative or the way. It is not wise to rush into things too, some say when you rush into something you are likely to rush out too.
 And truly getting things done faster helps to take away certain stress of your mind.

[Darker45]

I wish it is this simple. From where I'm living, an ordinary person wishes to buy a house as early as possible, but ends up buying one only after retirement at 60 years old or above. My parents must have wished to buy a house as well. Today, they're both old and separated. They were never able to build one for the family. It is very common for an ordinary person or family in my country to wish to have a car one day. To the majority of them, that wish will remain so until the day they die.

[tulusikhlas]

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

What if an item when first launched is expensive, do we have to buy it immediately or do we have to wait for the price to drop first and wait for a new version to come to replace it?
I don't want to rush just because I have to rush what I want to have, be it property or the like. Not all waiting is a bad thing. Unless item X has a limited supply and cannot be renewed, the price will be even more expensive.

[mk4]

That's such a broad "advice" that it could mean multiple things.

If you meant that just buy that thing asap just to get it done with, then prooobably not a good idea.

On the other hand, if you meant buy that thing if you already have enough savings for a rainy day, that your finances are already managed really well, and that you've already done your monthly DCA investment, then probably; sure.

[Reid]

I agree about the last part of it. It will bug you and it can create stress which happened to me just a few days ago.
I was planning to buy a new set of computer and I think it will be beneficial for me because I want to play higher graphics of NFT games and my old computer could not handle it anymore.
After 1 week of looking in the internet with research of what the good stuffs are it caused a lot of strain in my brain that gave me a bad headache.
But after receiving the computer package all of that is gone with the addition of beers and a long sleep.
Lesson: Get it done as quickly as possible if you need it. It's not just about the price or being expensive in the future, it's also your health that you need to take care of.

[fiulpro]

I do not understand this concept at all. If you are waiting for it that means you might not be financially ready for it, therefore buying a house in a very expensive place might mean you would have to compromise on many other things. There are places where renting is cheaper for long term and buying a house would need a lot of other things, might not be too easy for a lot of people as well.

I think it's wiser to look for opportunities and investments that would grow eventually and would not just be a burden. Buying a car would mean that you are investing in something whose value will decrease overtime and if you do invest that money in someplace else like bitcoins and other cryptocurrencies, you can keep making long term profits.

It's not just being in a haste it's more about choosing things which are right for you and for your financial situation at that moment.

[tippytoes]

I do not understand this concept at all. If you are waiting for it that means you might not be financially ready for it, therefore buying a house in a very expensive place might mean you would have to compromise on many other things. There are places where renting is cheaper for long term and buying a house would need a lot of other things, might not be too easy for a lot of people as well.

I think it's wiser to look for opportunities and investments that would grow eventually and would not just be a burden. Buying a car would mean that you are investing in something whose value will decrease overtime and if you do invest that money in someplace else like bitcoins and other cryptocurrencies, you can keep making long term profits.

It's not just being in a haste it's more about choosing things which are right for you and for your financial situation at that moment.

I believe, the OP is just giving some examples of the situation. But the idea is like, why do things tomorrow if you can do it today? So following what needs to be done, will remove the burden you are carrying. So the circumstances will depend on each person here. It depends on your financial capability when you are talking about material things that you want. But when it comes to other activities, a lot of us are guilty of delaying things up until we are in cramming mode.

[Hydrogen]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

Doing things like this on a consistent basis, will cause it to become a life habit.

Eventually, you'll reach a point where it will become your natural tendency. You'll execute things in this way, without consciously thinking about it.

The opposite is also true. Procrastination can also become a life habit.

It takes an equal amount of energy for procrastination or being a self starter to become life habits.

Although it could be fair to say, that one carries more life rewards than the other.

"The pain of the discipline is better than the pain of regret."

[Flexystar]

Got the drift here! Waiting could be just harmful for our plans and it would be pricey as we go along. There is also two ways to look at this really. The first one is psychological perspective and the other is increasing cost of leaving. The one first one is like, the more you wait the more you devalue it over the time because as the period go on you become just very lazy about it and you don't pursue it anymore.

Waiting is different dimension, but continuously working for it and shaping the dream while waiting is whole new universe. So get my drift here regarding psychological hindrance.

While the second point its much obvious and everyone experience the same. Day to day things are getting costly as the everything from raw materials to living stuff is getting scarce and rare which directly and indirectly hamper our livings.

So I agree OP, better get it done quick and sweet.

[cabron]

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

What if an item when first launched is expensive, do we have to buy it immediately or do we have to wait for the price to drop first and wait for a new version to come to replace it?
I don't want to rush just because I have to rush what I want to have, be it property or the like. Not all waiting is a bad thing. Unless item X has a limited supply and cannot be renewed, the price will be even more expensive.

This is if the supply is not disrupted already. If you just knew what is going on in the supply chain today, you will not be seeing your Christmas package arrive if you order today because it may come after 6 months. With such a situation, the effect is that instead of prices going low because the launch price is higher, it may not go that direction anymore because if you add the inflation, the price may go higher instead.

I would rather take care of my old car, washing machine, and all that I have and never waste a dime. But buy more stock food, scarcity could come.

[ashmodeus]

of course i am . i call it self reward , because i still single of course , no need to hold my desire for something, as long we are not exaggerating our wish list , we still behave normally about wishes.

[lienfaye]

If its really necessary and you can afford then why not. Its true that as time passes, things are getting expensive hence there's nothing wrong if you buy at this time (especially if its important to you) so you can list another goal to achieve.

But for me I prefer to priotize the needs before wants. I am more on expanding my resources to earn more so that in time I can retire as financially stable. Those things can wait and even worse scenario happened (like dying since its inevitable), its fine since I can pass the fruit of my hardwork to my kids.

[Wexnident]

Well, I'd reckon it's also something that would help you get it off of your mind, though honestly before considering the price, I'd really consider trying to identify whether that stuff are needed or not though, like create a priority list or something similar. Though it is still advantageous if you're able to tick off some stuff that you really want off your list in the long run. There's still some risks involved but as long as it's properly planned out I don't think there's anything wrong with that.

That's such a broad "advice" that it could mean multiple things.

If you meant that just buy that thing asap just to get it done with, then prooobably not a good idea.

On the other hand, if you meant buy that thing if you already have enough savings for a rainy day, that your finances are already managed really well, and that you've already done your monthly DCA investment, then probably; sure.

Well, I'd reckon the list was already made with each one having their own priority in mind.

[Findingnemo]

Try out this strategy, strike things quickly out of your need/want list and be content, so they no longer become a problem and hindrance to your plans to save/invest.

If you plan to buy a house for your comfort, and it is within your means, seek out a way to get it done quickly.

If you plan to get a car, as you feel you are ripe enough for it, and there's a means to get it, don't hesitate, get it quickly off your list.

if you plan to buy a home equipment, electronics or furniture,  and it is super important to you and your comfort, buy it and get it off your list.

The longer you wait at times, the more prices increase, things are not getting cheaper, the longer you wait the more the thought of this need bugs your mind.

You are wrong and completely wrong, have you heard of delayed gratification?

You might have need and want list but both are not same, more you delay the want list then more chances to become less and lesser.

And when you have atleast 10 times more cash than the cost of your wanted product in your bank account then just go for buying it.

[dbc23]

There is no need hesitating when the funds are available but in cases where what you plan to buy is beyond your budget settling for lesser products wouldn't be an advice. Saving more so as to meet the taste of your wants can come in handy. This will protect against buying what you would end up not getting satisfied about.

[Vaskiy]

I wish it is this simple. From where I'm living, an ordinary person wishes to buy a house as early as possible, but ends up buying one only after retirement at 60 years old or above. My parents must have wished to buy a house as well. Today, they're both old and separated. They were never able to build one for the family. It is very common for an ordinary person or family in my country to wish to have a car one day. To the majority of them, that wish will remain so until the day they die.

Almost the same is happening on third world countries. In my country if we have the plan to buy/construct a home , it is possible on the rural regions. Because of the property value, construction cost. In City region the expense for the same will be atleast five times the cost.

If our parents have saved in terms of cryptocurrency, now we might've bought a mansion and had a luxury car.

[hugeblack]

Personally, I don't advise you to save, especially in paper money, because it loses its value over time, so when you want to get used, you'll find out that a large part of your asset value has turned zero because of hyperinflation, and also the expropriation of assets like gold and others doesn't yield a good return, especially if you decide to save.

[davis196]

I kinda agree with your point.Things become more expensive day after day,so it's a good decision to buy them today(if you have enough money to buy them).I'm not a fan of consumer debt and getting loans to buy stuff you don't need.
However,houses,cars and furniture are liabilities,not assets(except some houses/apartments,it depends of the location).
A liability can increase your expenses,while an asset can bring you new income.You should focus on gathering more assets,rather than wasting your money on more liabilities.
I don't agree that you have to make fast buying decisions,when it comes to buying a house,a car or furniture.
You might regret for decisions that you have made,especially without enough thinking and analysis.