Simple Tips that Helps Avoid Unecessary Spending
The tendency to buy a product or service without planning in advance is known as impulse buying. It plays with your mind and a want becomes a need in a matter of seconds.
Suppressing the temptation to buy everything when you go shopping is important for every impulse spender, if they want to save money.
In order to defeat that temptation, you can try these simple tips.
1. Use Cash Only
A lot of people buy things they don’t need on credit or debit card. Using your debit card only makes you spend more on items you’ll later find useless. Before going to any store, make a list of what you want to buy, find out the prices of the items and go to the store with cash only.
2. Delay Purchases
Before letting your impulse determines your purchases, you may need to wait a little bit, think about that item before buying it. Thinking about it could remove the initial emotional reasons that stirred the buying decision.
3. Stay away from temptation
If your impulse always prompts you to make a wrong buying decision, you’ll have to avoid all forms of temptation that will lead to making such decision.
For instance, if browsing online shopping site or following a friend to a shopping mall will tempt you to make unplanned buying decisions, it is better you avoid them.