Myth: The Sticker Price Is What That Item Costs
Truth: You may end up paying more than just the sticker price: Remember that a computer requires software, clothing requires maintenance, and cars require insurance. That’s not to say that you shouldn’t have any belongings (like that's going to happen!), but it’s important to go in with your eyes open.
Even if your purchase of choice isn't affordable right now, don't sweat it: The key to happiness might actually be underindulgence!
Related links from LearnVest:
- Spender vs. Saver: How to Live (Financially) Happily Ever After
- How the Right Budget Can Help You Achieve Your Goals
- Sign Up for LearnVest’s Debt-Diminishing Financial Bootcamp