We’ve all been there: You score that killer dress on the flash sale site for $50. Budgeting victory. Or is it?
Because you want to wear the dress out, you decide to splurge on those tickets to the benefit. Then as it approaches, you realize none of your shoes quite go with the dress, so you need a new pair. Come to think of it, those earrings you thought would work with the dress don't quite match after all ...
You see where we're going with this. The hidden cost of a deal? Its nefarious spawn—a mess of commitments in the form of time, money and attention. Items always have a "carrying cost," like the trip to the cobbler once the heel on your new shoe breaks. And hey, time is money.
Click on each image below to see how two purchases spiraled out of control. (These are both based on the experiences of two LV staffers—pre-LV, of course!) Even if you haven't had quite the same sized "waterfall," we've all been there. So the next time you're about to make a purchase, make sure you think about where it might lead you—some purchases spawn more spending than others! Have you ever had this happen to you? Share in the comments below!
Avoid This Mess
Check out our insider tips to using Groupon and other deal sites, plus what to do if you regret your purchase.
We have ten savvy ways to avoid impulse purchases. Read them here.
Do you have money toxic friends? Read about this phenomenon.