Lesson 3: Pause Before You Purchase
Think twice before buying anything you didn't go to a store or onto a website to buy. If you're in a store, put the item on hold and wait twenty-four hours before you go back and buy. If you're online, put the item in your cart and leave the site. If you surf your way back the next day, the site is likely to remember you. Impulse buying really adds up, but so does the money you'll save if you push the pause button before you buy unneccesarily.

Map to a Million
Money you'll save not making one $79 impulse purchase a month:
Over 1 year: $948
Over 10 years: $14,628
Over 20 years: $46,921
Over 30 years: $118,602

Do it, say this, and sound smart: "I'm sure I have another just like it at home."
Reprinted from Make Money, Not Excuses by Jean Chatzky with permission from Crown Business, a division of Random House, Inc. Copyright © 2006 by Jean Chatzky.
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.


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