Thursday, January 12, 2012

Avoid the Desperation Purchase

One trap into which buyers are frequently tempted to fall is the desperation purchase.  One is tempted to make a desperation purchase late in the day when one has not yet purchased an item.  Sale conditions do not effect the draws of the desperation purchase; I have seen people make desperation purchases on days with poor sales and days with exceptionally good sales that lacked items of interest

Desperation purchases are easy to avoid if you know to look for the trap; you simply need to ask yourself if the purchase really is a good deal and if you really need the item.  If the answers to both questions are yes, then you should go ahead and make the purchase.  If the answer to one or both questions is no, then you may be making a purchase which you will regret later.

I always avoid desperation purchases; why spend money on an item I'll regret in the future?  In my five years of garage saling, I have only had three days in which I bought nothing.  Many of the best deals are found at the end of the day so don't feel anxious if you have yet to buy anything.  Chances are you will find something before the day is over.

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