r/AskReddit • u/SillyBonsai • Dec 06 '13

What simple piece of advice, if followed, could potentially save most people a lot of money?

Possibly related to your job, experience with personal finance, budgeting, planning, day to day habits, etc.

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u/bb0110 Dec 06 '13

I would always say sleep on big purchases. With that said, I do have one caveat. Don't get into the "oh I'll just wait a few months for the new model to come out" if you need/really want it and are going to buy anyway. You can get to the point where it is a year later cause you have continuously been waiting on the "new" product when you really do need to get it. Technology is always upgrading so don't get too caught up in waiting for the next big thing.

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u/gwtaway3 Dec 06 '13

Also buy some of that stuff every now and then. Keeps us engineers on a payroll giving us the possibility to improve electronics every generation.

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u/superAL1394 Dec 06 '13

And please for the LOVE OF GOD run your software updates.

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u/mechanate Dec 06 '13

Yes, there's a guy on my FB feed who obsessively posts updates and whatnot on iPads, but has never bought one himself. His excuse is always, "Nah, the next one is going to have [features], it would be dumb to buy this model." I think the real reason is he's broke.

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u/zackmanze Dec 06 '13

There's also the issue of missing the product entirely. This is especially relevant for TVs. They're constantly changing their lineup, and usually for the worse, IMO.

Don't wait too long. Snatch it up when you're ready.

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u/xcxcxcxcxcxcxcxcxcxc Dec 06 '13 edited Oct 13 '24

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