TIP: Before you spend a significant sum of money, take a few days to think it over. Clear your head, let the excitement die down, and evaluate the purchase.

Got a tax refund that you’re dying to spend? Got iPads on the brain? Utah’s local news source, KSL.com, recently published a story on just this thing! As the story notes, retailers have us all convinced that if we don’t spend our money on special deals, we’ll lose the chance. Don’t be fooled! Instead, consider paying down some debt or saving for upcoming expenses. Will Vandertoolen of AAA Fair Credit Foundation offers some sound advice, “If you’re maintaining the debt-load well (and if) you have some expenses that you know will be coming up, it might be a good idea to hang on to that cash.”

Check out these great spending resources from the Believe website to help you prevent overspending.