Part of Wealth Building is to be able to make good sense of what you spend on so that you have more excess money to build wealth wisely. The art of allocating money to your highest value means you need to constantly evaluate what you need and what you do not need.
Its not just about new purchase but what you already have.
To be sensible, its better that, before you purchase something, look at what the prospective new purchase should replace.
I always have the problem when I organize the place that I lived for the past 16 years. We are always afraid of throwing away things that we might one day need to use. Its even worse for my mother who practically wants to keep everything. The result is your home becomes like a store room. More things would also sometimes mean more complexity.
How do you ......