What is the 30 30 30 rule?

Quick Peek:

Got your eye on something that costs more than $30? Before you splurge, try applying the 30/30 Rule. Wait 30 hours before making a purchase to assess whether it will add value to your life. If it costs $100 or more, wait 30 days. This simple rule forces you to pause and consider the value of a new purchase, leading to better long-term decisions.

The 30 30 30 Rule: Assessing the Value of New Purchases

Have you ever been tempted to buy something new, only to realize later that it wasn’t worth the cost? We’ve all been there. That’s why I developed the 30 30 30 rule. This simple rule helps me assess whether a new purchase will add value to my life.

What is the 30 30 30 Rule?

The 30 30 30 rule is a simple way to determine whether a new purchase is worth the cost. If something I want costs more than $30, I ask myself whether I can get by without it for the next 30 hours. This extra time helps me assess whether or not this new thing will add value to my life.

If it’s $100 or more, I tend to wait 30 days. This gives me even more time to consider the purchase and determine whether it’s something I really need or just something I want in the moment.

Why Does the 30 30 30 Rule Work?

The 30 30 30 rule works because it forces you to pause and consider the value of a new purchase. It’s easy to get caught up in the moment and make impulsive decisions. But taking the time to assess whether a new purchase will truly add value to your life can help you make better decisions in the long run.

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Applying the 30 30 30 Rule to Your Life

The 30 30 30 rule is a simple yet powerful tool for assessing the value of new purchases. Whether you’re considering a new gadget, a piece of clothing, or a home renovation, taking the time to pause and consider the value of the purchase can help you make better decisions.

Next time you’re tempted to make a new purchase, ask yourself whether you can get by without it for the next 30 hours. If it’s a larger purchase, consider waiting 30 days. This extra time can help you assess whether the purchase is truly worth the cost.

Conclusion

In conclusion, the 30 30 30 rule is a simple yet effective tool for assessing the value of new purchases. By taking the time to pause and consider the value of a new purchase, you can make better decisions and avoid buyer’s remorse. So next time you’re tempted to make a new purchase, remember the 30 30 30 rule and take the time to assess whether it’s truly worth the cost.