I’m no HVAC expert, but the week I learned something. I learned that one of my AC units has a special controller that doesn’t work well with Nest. I thought I was so clever because I bought a new Nest for $150 and sold my old unit for $300. However, now I was in a place where I would have to sell the Nest and buy back the old unit, which go for a ton online.
When to be fast
Speed can benefit you in many situations. If you take lots of time to consider a decision in a fast-paced situation, then it is possible that your options may be gone by the time you decide. However, you must be careful because things like lightning deals are meant to make you buy stuff you don’t need.
Examples of when to be fast are when you see a really good deal. If a deal is ever so good you could resell it for significantly more, then you should probably probably act fast. These deals could happen online, but are more likely to pop up on Craigslist or Facebook Marketplace.
When to slow down
Going slow is great for negotiation because it shows that you aren’t willing to overpay for something. I have even heard of some people putting their credit card in water and then freezing it. Then, whenever they go to buy something they have to wait for the ice to defrost.
For instance, if you are buying a car and tell the dealer you got in a wreck and need a new car you probably won’t get as good of a deal as if you tell them you have months to shop tons of dealers.
Conclusion
If you aren’t selling something that depreciates rapidly, maybe hold onto it until you get the next thing up and running. If it depreciates quickly, then you could likely buy it back for even cheaper. Hopefully you can learn from my mistake and get some killer deals.