🛍️ "Can I Afford This?" Decision Tool
See the true opportunity cost of your purchase in future wealth
The True Cost of Your Purchase
Future Value if Invested
$0.00
Opportunity Cost
$0.00
Monthly Payment Equivalent
$0.00
💭 Should You Buy It?
🤔 Questions to Ask Yourself:
- Will this purchase genuinely improve my life?
- Is there a cheaper alternative that serves the same purpose?
- Will I still value this in 6 months? 1 year?
- Am I buying this for myself or to impress others?
- Can I afford it without going into debt?
✅ Smart Buying Strategy:
The 30-Day Rule: Wait 30 days before making non-essential purchases over $100. If you still want it after 30 days, it might be worth buying. Often, the desire fades and you save money!
Purchase decision content – 2000+ words on opportunity cost, behavioral finance, examples…