Use the 1% Spending Rule to Save Money
by Mike Winters from Lifehacker on (#5M3N6)
As a way to help curb impulsive spending, many people have a 24-hour wait" rule on big purchases, but one problem is that it can be impractical, as big purchases" is ill-defined. That's where the 1% rule of spending helps: You still wait a day, but only for purchases that are over 1% of your salary. Here's how it...