Flow Chart: Should I Spend Money On This?


Here’s a flow chart of what takes place in my head before I decide to spend money.

And yes, I usually do eat Chipotle twice a week.

Sign up to have my most recent articles sent straight to your email inbox for free ?


Zach is the author behind Four Pillar Freedom, a blog that teaches you how to build wealth and gain freedom in life.

Zach's favorite free financial tool he's been using since 2015 to manage his net worth is Personal Capital. Each month he uses their free Investment Checkup tool and Retirement Planner to track his investments and ensure that he's on the fast track to financial freedom.

His favorite investment platform is M1 Finance, a site that allows him to build a custom portfolio of stocks for free, has no trading or maintenance fees, and even allows him to set up automated target-allocated investments.

His favorite way to save money each month on his recurring bills is by using Trim, a free financial app that negotiates lower cable, internet, and phone bills with any provider on your behalf.

His favorite micro-investing app is Acorns, a free financial app that takes just 5 minutes to set up and allows you to invest your spare change in a diversified portfolio.

His favorite place to find new personal finance articles to read is Collecting Wisdom, a site that collects the best personal finance articles floating around the web on a daily basis.


Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

14 Replies to “Flow Chart: Should I Spend Money On This?”

    1. Funny enough, I have considered buying their stock in the past, but I hesitate to buy any individual stock with crazy high P/E ratios like Chipotle. I can’t get enough of their food though, so I’ll continue to support them with my money!

  1. I’ve got a money flow chart that I made when I first got into FIRE world. This is awesome. Concerned one quarter of your decision making process is about a certain fast food place though. 🙂

    1. It is slightly concerning, although I rationalize it because I spend virtually nothing on technology, clothing, or other restaurants. My “discretionary spending” is almost strictly limited to Chipotle. I’m a big believer in only spending on what brings me joy…and Chipotle brings me an unusual amount of joy!

  2. “Did you have enough time and devotion to saving money that you made a flow chart?”

    No – Go make a flow chart.
    Yes – You probably were already going to save your money!

    Awesome chart!

    1. You make a good point…anyone crazy enough to make a flowchart to explain their spending patterns is probably crazy enough to already be decent at saving money…and you’re right! Haha thanks for the kind words, Josh!

Leave a Reply

Your email address will not be published. Required fields are marked *