Question

Discuss a time when you made an impulsive decision. What was the decision? Why did you make your decision impulsively? What were the consequences of the decision? If you had the decision to make all over again, how would you change your decision?
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Answer 1

ANSWER 1: The impulsive decision that I took was buying a car.

EXPLANATION: In Summer 2016, I took the decision to buy a car which was impulsive in nature. The car was being offered at a huge stock clearance discount by the dealer and the car was also a limited version much loved by my father. So, to get the last minute deal I bought the car within a week's notice.

ANSWER 2: The decision was taken because the car was limited and it was a huge stock clearance from the dealer's end after which the car's production was stopped and it won't be available. The car being my father's favorite, I wanted to gift it to my dad.

ANSWER 3: The consequence of the decision was I had to get loan from finance company with a tenure of 5 years. The car was well out of my budget. I made a down payment of whatever savings and I got my loan.

ANSWER 4: If the decision was to made all over again, I would prefer to calculate my finance first. I would prefer a used car to buy for me or my dad rather than running for last minute deals from the dealers. The used car will be well within my budget and would also be offering the same features as the new car would have been.

Answer 2

Buying a pair of shoes very expensive brand.
impulsive decision: I did not think, I did not take my time
The result: a hole in my budget
Next time I will think before acting impulsively.