The FIFTY DOLLAR Rule ?

The FIFTY DOLLAR Rule

The 50-dollar rule is basically this rule that if something is less than 5o dollars or it’s going to save me less than 5o dollars, if the amount that I’m worried about is $o5 or less just do it.

Don’t even think about it.

This is a rule—you might change this over time. I think as I’ve done better in my career I’ve sort of graduated this probably closer to the 20 dollar-rule but depending on where you are, maybe it’s a dollar or maybe it’s a 50-cent rule. I don’t know.

Think about how many things in your life that someone suckers you into doing just because you’re going to save something less than $50. If you implement that rule, what you’re going to find is not only are you not going to make all these ridiculous decisions that you hmm and huh about.

Have you ever gone and tried to decide where you’re going to eat based on the coupons that you’ve clipped out?

Why the 50-dollar rule is important and what you can do about it.

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