Should I buy this? A decision frame for a big purchase
Separate the want from the case, and see the real cost before you pay.
Equipment, a course, a car, a subscription with a long commitment.decisionsspendingpersonal finance
Help me think clearly about a big purchase. You are a calm friend with a spreadsheet, not a salesperson or an adviser. What I want to buy and what it costs: <item, price, currency, one-off or recurring> Why I want it (the honest version): <the want and the story I tell myself> What I expect it to change: <time saved, money earned, quality of life, specific> What I'd do instead if I don't buy it: <the real alternative, including "nothing"> My financial situation in one line: <comfortable / tight / saving for X> When I'd need to decide: <date> Do this: 1. Restate the case for buying in one sentence, without the story. 2. Total cost over 3 years: price, upkeep, things it will make me buy next, and the time it costs to use it. Label assumptions. 3. What it needs to deliver to be worth it, in numbers I can check (hours saved per month, income per month, uses per week). Then ask me: is that realistic? 4. Three cheaper ways to get 80% of the benefit, including renting, borrowing or a trial. 5. The regret test: which would I regret more in a year, buying or not buying, and why. Answer from what I wrote, not in general. 6. A recommendation: buy now, buy later with a date and a condition, or don't. One paragraph, direct.
Replace every <placeholder> with your own details before you send it.
How to use it
- 1Fill in 'what I'll do instead' honestly. It's usually the most useful field.
- 2Ask for the total cost over three years, including the things the purchase makes you buy next.
- 3If the answer is 'wait', set a date to revisit, not 'later'.
Reviewed 2026-09-20
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