Pick the 3 things you should consider before you purchase an item.

Choosing to purchase an item is often a decision that involves balancing various factors. Here are three key considerations:

1. **The Opportunity Cost of the Item**: This involves understanding what you are forgoing by purchasing the item. Opportunity cost can include both tangible and intangible elements—like other things you could buy with that money or the financial stability you might sacrifice.

2. **The Value it Could Add to Your Life**: Assess how the item will enhance your life. This could be through increasing your productivity, improving your well-being, or providing lasting enjoyment. The inherent value goes beyond the immediate gratification and looks at long-term benefits.

3. **The Total Cost of the Item**: Consider all costs associated with the purchase, not just the sticker price. This could include maintenance, operating costs, and any accessories or additional items required to use the initial purchase effectively.

Focusing on these factors helps ensure that your purchasing decisions are well-rounded and considerate of both immediate and long-term impacts.