HOW TO STOP SHOPPING ON IMPULSE AND SAVE MONEY

1. CREATE A LIST

A list will help you keep on track. You can add items that you absolutely need to the list a few days before it’s time to go shopping. Listing the items in chronological order from most important to least important to show you what you really need.

 

2. DON’T GET DRAWN INTO SALES

Unless it’s something you really need and have wanted for a while, don’t get sucked into sales. It’s so easy to get drawn to those ‘affordable’prices. But just because it’s affordable doesn’t mean that you need it. Often, you’ll start convincing yourself that you need that item when in fact you hadn’t even thought about it before you saw it on sale.

 

3. PLAN YOUR BUYS

Look through your fridge and cabinets and see what you’ve got before going shopping. Planning your purchases will help you avoid buying things you already have and get what you need without wasting money. It will also help you create a shopping list for the next time you go shopping.

 

4. GET IT LATER

Remember that cute bright pink scarf you bought only to get home and realize it doesn’t fit your style and doesn’t match with anything in your wardrobe. You don’t even like pink!

This tip is great for online shopping. It always helps to add items you like to a wishlist. If you are still thinking about it after a week or so, it’s a good buy. If not, you’ll probably forget about it after you have logged off from your computer.

 

5. CARRY CASH

Cash is typically fee free when it comes to making payments as opposed to credit cards that you have to pay back with interest. With cash you are less likely to buy something extravagant on a whim as opposed to when you have your credit card.

 

6. SHOP WITH INTENT

Plan on what you would like to eventually spend your money on. For most people it would be to travel, going on adventures or buying a good camera. When you know you are saving up for something exciting, you are more likely to spend every penny wisely. You would rather spend your money on what you want rather than on little things that eventually don’t add up.

 

7. SHOP WITH A CALCULATOR

When going shopping for something like groceries, it helps to have a calculator with you to track your spending.

 

8. DO I NEED IT?

The golden question. It’s important to recognize a necessity from pleasure.

 

9. IS IT MASKING THE REAL ISSUE

Could your serial shopping behaviors be masking a deeper issue? Is it a substitute for happiness or love? Shopping on the pursuit of something like happiness is just momentary and does not last. It would be better to recognize the real issue and deal with it instead.

 

10. CATCH YOURSELF

Always be aware of what mindset you are in before going shopping. Things like your mood or the people around you can affect how you spend your money. Learn the habit of catching yourself and stopping yourself before spending your money.

 

What are your tips on how to stop shopping on impulse?

 

Keep you posted till next time

Yvonne

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4 Replies to “HOW TO STOP SHOPPING ON IMPULSE AND SAVE MONEY”

  1. Interesting read….definitely agree with some patience before the purchase. This planning is a check I use. Good stuff Yvonne!

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