Today is Boxing Day in Australia and the shopping malls are full of shoppers. But I never go shopping on Boxing Day & here are my reasons:
1. Boxing Day's sales make people buy things they don't really need.
Being able to tell the difference between things you want and things you need is very important for your financial success.
If you are interested in becoming financially successful, this is a very helpful question to ask -
Before you buy something, ask yourself, "Do I want this? Or do I need it?" If you need it, you should buy it. But if you want it, just don't buy it.
On Boxing Day, everyone is busy looking at discounts rather than whether these are necessities or not. Therefore, people are more likely to buy things they don't even need on Boxing Day.
2. Shopping on Boxing Day is very time-consuming, which means you'll lose time in the process. And time is your most precious asset.
Many people are very careful when it comes to spending their money, but in terms of spending their time, they spend it like billionaires!
Because the queue is too long on Boxing Day, you'll have to waste a lot of your time while shopping on this day - Some shoppers were waiting in the queue before 5am this morning! And the shops wasn't open until 9am or even 11am!
If I get a bargain on Boxing Day, it may save me $50 or even $100. However, I will never waste hours for that bargain because that amount of time brings me more money than what the bargain saves me.
I hope this makes sense and can help retail workers get some more rest during the Christmas holidays in the future.