Gain control over your finances by eliminating those tempting impulse buys. Here are 7 Ways to Stop Impulse Buying before it happens again!
Last week, we discussed tracking your spending. If you start to do this, you will probably see where you could definitely spend a little less in your life and many times, this is due to impulse buys. Impulse shopping is a hard, but not an impossible habit to break. Stopping it is very important for gaining control over your finances. Here are 7 Ways to Stop Impulse Buying before it happens again.
7 Ways to Stop Impulse Buying
How to Stop Yourself from Impulse Buys
- Try this little trick: Write what you want to buy on a piece of paper instead of buying it. That way, you have made sure you won't forget it should you want to buy it later. Make sure to include all the info such as size, color, price and even scan number.
- Before you go to the store, make a list. Stick with your list no matter what. If it's not on there, it doesn't go in your cart. This is for grocery trips and trips anywhere.
- Give yourself 24 hours before buying something, not on your list. This way, you will have time to decide if you really need it. If it is important enough, you won't have a problem driving back to the store to get it.
- Don't shop for entertainment. This almost always ends up with impulse buys.
More Tips for Cutting Impulse Shopping Habits
- Urge is an app that helps you curb your emotional or impulse spending by helping you save money instead.
- Bustle has some tips for cutting out impulse buying even if you can't stop shopping.
- Keep your eyes peeled or a new app from Ally bank called Splurge Alert that will actually use Geo- location to alert you that you are entering stores that you often over-spend in (set by you). It alerts a ‘buddy' (a person you want to hold you accountable) when you do as well.
Are you looking for ways to save money, here are 52 small changes that will help you save more money this year. Don’t forget to Join the Facebook group to keep yourself accountable and discover more ideas for saving money.
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