Introduction
I went over all the paper work again and today I found this receipt dated on Oct. 11, 2007. I make the purchase a laptop with cost $700.00 dollars. I did not do booking every year until this Oct. 2018, I remembered that in 2010, I took two laptops with me to Canada, and left one super expensive laptop SONY to my friend's house.
Case study
I think that the reason I could not build wealth from 1996 to 2010, the main reason was that I could not book all the expenses, I did not analyze carefully about my purchase. The SONY laptop costed $1800 dollars, and it worked perfect, but I ended up purchase of more laptops.
Here is the receipt I found. I just could not believe that I had this consumer behavior, definitely I need to figure out how to fix it. Sometimes it is hard for me to admit the mistake again.
Actionable Items
If I make mistakes to purchase expensive items, then I should document all the purchases first; and I should try to resell those items, or give away to my relatives in high school when the laptop are still in good quality.
Another thing is never to purchase brand new top brand laptop, I should always try to reduce the waste of money by scrutinizing the big purchase very carefully. Compared to my monthly income, my legal status in USA, I should be very careful on this long term effect.
If I cannot control the expenses and waste over $1800 dollar purchase, then I will have problems to control all other things in my life and career.
No comments:
Post a Comment