Decision Making Process for buying a New Workshop Asset

While reading a hobby related magazine I saw the following note that I think speaks volumes  …..

When deciding whether or not to buy a new piece of kit for the workshop ask yourself three questions  :-

Do I need this tool ?

Do I want this tool ?

Can I justify this tool ?

If the answer to any of the above is ‘possibly’ then buy it.

If the answer to any of the above is ‘no’ then ignore it as it is probably a statistical anomaly.

If you feel you cannot afford to buy it then tell yourself you are in danger of becoming a cheapskate and buy it anyway.

Enough said ?

Similar or related subjects : –