What If One Dollar Was Worth One Use?

Money is pretty amazing, because you can choose to simplify things as much as you deem necessary.

I want you to imagine a world in which you seriously thought about every purchase you made in your life. A world where impulse buys didn't exist, and no one ever regretted spending money on something they no longer use.

Okay, are you imagining it yet? Because that's only just the start of this daydream.

A couple of weeks ago, I tweeted this:

We buy things and disregard them quickly, which is why I ask myself how often I will use something before I drop the cash.

And one of my amazing followers responded with this:

This is exactly how I shop! If I buy a $50 item, I have to wear it at least 50 times.

It's brilliant. I mean, BRILLIANT! How did I not hear of this sooner?

As you know, when I hear of a new idea that can help myself or friends (AKA, you guys) to save money, I start to brainstorm nonstop.

If you buy a product or an item of clothing, you should make the value even out to $1.00 per usage.

After all, why would we spend $150 on a pair of jeans if we weren't planning on wearing them at least 150 times? It doesn't make sense, now does it?

This all got me thinking. Does this ideology span further than clothes and small products?

I mean, if you purchase something larger (such as a home or vehicle), what would you be spending per use?

*immediately pulls out over-sized calculator*

Let's say you spent $400,000 on a new home, and you took out a 25-year mortgage. Over that 25 years, your daily cost of owning that home would end up being about $44 before interest.

Same thing goes for a vehicle. If you took out a 5-year car loan for a vehicle totaling $15,000, your average daily cost would be $8 before interest.

And what about little old me, who rents at a reasonable rate, and owns her vehicle full out?

From now on, before I make a purchase, I'm going to do some math. YES, the basic A+B=C math we learned in high school (you're welcome for finally finding a use).

If I can guarantee myself and my bank account that I will get full potential from the purchase, I will buy it. If I can't, I won't. Pretty simple, right?

Well what about bigger purchases? Why don't you hop right back on the imagination train again (because it's free).

Imagine a world in which you could only make daily payments rather than monthly. Would you still be able to afford your dream home?

If you are going to be spending over 25 years in a home, or over 5 years buying a vehicle, can you justify the purchase by its usage? What about its return on investment?

Money is pretty amazing, because you can choose to simplify things as much as you deem necessary.

Take your time before buying something that is not essential. It's not going to go anywhere... but your money could.

Do you consider everything you purchase getting its *full* use? Let me know in the comments!