Megan Rusell of Marotta on Money joins me once again to discuss how to enjoy your wealth and stay wealthy at the same time!

There are many items that we want, need, and enjoy purchasing. Almost exclusively none of these are absolutely necessary within a week - so do yourself a favor and utilize wish lists to hone your spending on those items that will truly bring you the most value.

Most of what we purchase has fleeting utility. You really want something so you click buy. The money is gone and the enjoyment of the pursuit is fulfilled. However, that enjoyment fades quickly until we click buy again. Instead, try waiting a week and if you still really want that item, then go for it.

Other strategies for having the enjoyment AND keeping money in your pocket:

• Take a picture instead. When traveling and you see a great item for yourself or a friend? Pull out your phone and snap a pic.
• You can afford anything but not everything. Learn to do without (and what you want to live WITH)
• Use shared wish lists to create greater value for yourself and others. This allows better purchasing (more enjoyment!) for both buyer and receiver.