This is an email from The Forge Daily Tip, a newsletter by Forge.

One question to improve your money habits

✅ Today’s tip: Before buying something on a whim, ask what your future self would find annoying about owning it.

For all those who’ve been making a few too many pandemic impulse purchases lately [immediately hides new waffle maker, temperature-control mug, and inflatable jacuzzi], Sadie Lee offers a series of 19 questions to ask yourself the next time you’re about to click “add to cart.” One that’s particularly helpful: “What negative emotions might come with owning this item?”

Dry-clean-only garments, for example, might be a headache to care for. Plants need watering. A light-colored rug will show all the dirt that’s tracked over it. “Think about the whole life of an item,” Lee writes. “Not just the moment when it’s shiny and new.”

📚 More from Forge on spending more mindfully:

It Took a Global Pandemic to Change My Spending Habits

How to Buy Happiness

Money Can Make You Happy, If You Change the Way You Think About It

The Forge Daily Tip is sent every morning via email. ☀️ Subscribe to The Forge Daily Tip here.

You’re subscribed to receive emails from Forge. You can adjust your settings via the link at the bottom of this email.