Avoid Impulse Buying to Hang on to Your Cash
posted on 19 February 2011 | posted in
Technology
For many people, impulse buying is the cause of lots of unnecessary spending. Impulse buying, in turn, is often caused by unnecessary shopping. Perhaps the buyer goes shopping as a social event or date, as an entertaining way to pass time, or to pick up a few things are indeed necessities. Many people find browsing fun. But then there are the clothes still with tags on them in the closet a year later, the unread books, the unused tools, or the clutter of too many trinkets or decorative items. The impulse buy is founded on a lot of faulty reasoning: deserving a treat, such a bargain, so unique, a solution to problems. These and many more phrases over ride the logic of budgeting, saving, or making wiser and better choices. Here are a few tips for saving money that sifts out of the wallet and through the fingers in this way. First, stock up on necessities. Needing toothpaste, toilet tissue, feminine products, or even cat food can become a great excuse for an all out shopping and browsing trip. Second, make social dates that do not involve the mall, outlets or other shopping excursions. Third, leave the wallet locked in the car and while you walk all the way back to get it, consider whether this really is a great way to spend money. Also, go treasure hunting at thrift stores like Good Will and Savers. If you find something that’s a “must have” it will not be expensive, and you will have supported a charity with your purchase. Finally, look at your utility bills, and then compare the costs of the various utility suppliers available to you online - do a search for something like cheapest energy supplier uk in Google.
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