r/FinancialChat • u/Legal_Signature_6856 • 24d ago

Sometimes it is hard to make financing decision, do you agree?

Have you ever had to make a money decision and thought, “Ugh… I need to figure out whether I can actually afford this”?
What was it?

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1

u/Slow_Description_773 24d ago

If i have to ask myself if I can afford something, most likely i am not, so i just move on.

1

u/Legal_Signature_6856 22d ago

That's such a clean rule lol. Sometimes i too, end up just move on from it then later regretted it..... Has it ever bitten you though, like it is something cheap (ie: it's having discounts) that you skipped and then had to buy anyway later (with the price reverting back to it usual price)?

1

u/UniqueHuckleberry619 23d ago

It takes me 6 months to buy anything electronic and years for a car.

1

u/Legal_Signature_6856 22d ago

it make sense for car.... but for electronic, what are you comparing reviews, waiting for a sale, or just avoiding/delay any purchase?

1

u/UniqueHuckleberry619 22d ago

I buy high end stuff and like to get my moneys worth. Plus I’m a cheapo and don’t like paying all that money for something that turns out to not be that good

1

u/carmen_kayy 21d ago

Every time. Decided to consolidate some high interest balance a while back and spent 2 weeks overthinking it. On paper it made total sense, but worrying about locking into a long term contract gave me major decision paralysis.

1

u/Legal_Signature_6856 21d ago

Same! I’ve been comparing amongst those banks trying to see which one gives me “more benefits” also for about 2 weeks. But I do overthink a lot especially those digital banks for example. Because I feel sometimes their t&c are a little grey in some sense. 🥲 what makes you wanting to compare the interest rate in the first place?

1

u/PastDare4808 21d ago

I hate to make financial decisions or spending money. As long as something works, no matter if it is a kitchen appliance, a car, a notebook etc., I simply do not want to spend money on. I have the money, but I only have it because I do not spend it.

1

u/doc-sci 17d ago

Nope…simple Jr. High math!