Having taken the decision to be a qualified management accountant from IMA | Institute of Management Accountants at the start of my career, helped with both my career as well as my mindset.
When you do a purchase, it either falls into the investment bucket or the expense one.
If you are buying this weekend, make sure to have investments rather than just expenses. Invest in your mind, career and development. Invest in courses, books, coaching and your personality.
Before buying ask yourself:
- Is it an investment or an expense? ( we still need expenses btw)
- What is the ROI? (Return On Investment)
- Do I need it or want it?
- What will it add to me?
- Can I afford it?
Let me know how you deal with black friday purchases? What development and mindset products did you invest in?
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