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Purchasing Management / Purchasing surface

Clever tips for daily purchasing management

Nov 19, 2022

By the end of this article, you are going to learn the best tips to purchasing things wisely.You can use these to get an edge over the competition. Once you’re done reading, you’ll be one step closer to becoming the best self purchasing manager.

Impressing others

The richest people aren’t flashy with their money

Don’t waste money on:

  • Jewelry
  • Luxury hotels
  • Designer clothing

Just to impress other people who don't care.

Spending money for the sake of attention is the easiest way to go broke.

Instead try to spend money on :

  • Travel
  • Run a marathon
  • Join a mastermind

These will bring far more satisfaction than a $220 Gucci T-shirt.

Invest in experience, not to impressing others.

Get rich quick courses

Anyone that promises you will "get rich quick" is lying to you.

Courses on:

  • Dropshipping
  • Amazon
  • Stocks

All work but they take time and effort.

Plus, the gurus selling you the course make money from YOU, not the skill they teach.

If you are going to purchasing a course,

Use websites like:

  • Udemy
  • Coursera
  • Udacity
  • Youtube
  • Learning by practice.

Learn a profitable skill that you can put into action right away.

Don't fall for every scheme you see in YouTube ads.

New Technologies

Don't spend money on the latest:

  • TV
  • Phone
  • Computer
  • Cars

They upgrade every year and drain your wallet.

Buy one model and keep it.

Don’t replace it until you absolutely need to.

Eating out

Eating out occasionally is okay, but it becomes an issue when you rely on it.

Spent 20 dollars on fast food every day quickly becomes 100 dollars that you could've spent on groceries.

Instead of eating out every day:

  • Learn to cook
  • Buy groceries in bulk
  • Get discounts and coupons

Save your wallet and your health.

Speculative investments

They’re speculative for a reason. Someone at the top is making all the money, while everyone else gets the scraps.

Avoid groups or chats teaching:

  • Crypto tips
  • Betting advice
  • Pay-to-play games

It's tempting to join groups that promise money, but they'll end up taking yours.

Stay away at all costs.

Let conclusing the article by asking yourself the time when you want to purchasing stuffs, is it something that you need or something that you want? There’s a difference. You need food, water, electricity, gas etc. Anything a luxury, think 100 times before buying it.

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