Smart spending!!

Time and again, I have been accused of being a miser. But deep down, in my heart, I know lurks a spendthrift... I have umpteen number of unwanted stuff I have bought, many wanted stuff I havent used in a while.

So, this article on msn attracted me and I am just sharing it here.

http://blogs.moneycentral.msn.com/smartspending/archive/2008/06/16/the-difference-between-want-and-need-three-months.aspx

The jist of the article is this. If you think you want to buy something, list it down and make a note if it is a 'want' or 'need'. After 2 or 3 months, go back to the list and see if you still 'want' it or 'need' it. If it is a need, only then do u buy it.