Alert
Close

Donate now to get your name on the hood of Jeff Gordon's car! Learn how to Ride With Jeff

Highlights

Open

Contests and
Sweeps

Safe Driving in 2014 Sweepstakes

Learn how AARP Driver Safety can help you stay safe—and enter for a chance to win $1,000. See official rules. 

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

webinars

Learn From the Experts

Sign up now for an upcoming Money webinar or find materials from a past session. 

Jobs You Might Like

most popular
articles

Viewed

Savings Challenge

Buyer's Remorse: What the Heck Was I Thinking?

Make a note of those items you regret on your "What the Heck Was I Thinking?" list, and then take a few minutes to study the items on the list. If you're like most people, you'll probably notice some trends. For example, maybe you're prone to repent of some types of purchases (for instance, clothing or tech gadgets) more than others. Or maybe purchases from a certain store tend to disappoint you.

When I first started keeping this kind of list years ago, one of the trends I noticed in my own spending (or misspending, as the case may be), was that during times when I was particularly stressed out at work, I tended to make more impulse purchases that I inevitably questioned later.

The idea, of course, is to learn from your mistakes and to consciously avoid making the same types of spending mistakes again. I'll bet that if you were to make a "What the Heck Was I Thinking?" list every year, you'd find that each year, the list would get shorter. That would happen because you'd be conditioning yourself to resist impulse purchases and vaccinating yourself against buyer's remorse.

For part two of this week's challenge, post a photo or video of the most outrageous item on your "What the Heck Was I Thinking?" list to our online AARP Savings Challenge group. Even though our weekly challenge has ended, feel free to post your photos, videos and comments.

You can share your photos with the Savings Challenge group as long as you are a member of it. Keep in mind that every photo needs to be associated with a personal profile, so make sure that you add the photo to your profile before adding it to the group.

To add a photo or video to the Savings Challenge group:

After uploading the photo(s) or video(s) to your profile, click on the photo or video that you would like to share.

Locate the Groups header on the right-hand side of the page. If you have not yet shared this piece of content with any group, it will say "no groups selected."

Click the Choose link, and that will provide you with a list of all the groups to which you belong. Then simply click on the group name(s) where you'd like to share your photo or video.


Jeff Yeager is the author of the book, "The Ultimate Cheapskate's Road Map to True Riches." His Web site is www.UltimateCheapskate.com.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

AARP Credit card from Chase

Members can earn 3% cash back on purchases with the AARP® Visa® Card from Chase.

Info on saving for education from AARP® College Savings Solutions from TIAA-CREF.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.