Yusra3
VIP Contributor
It's no secret that people are prone to spending money on impulse. Whether it's buying clothes, electronics, or even food, there's something about having money in your pocket that makes it easy to spend. But the problem is that once you've started spending, it's hard to stop!
The good news is that there are things you can do to curb your impulse spending and get back on track with your budgeting. Here are a few tips:
1. Keep a budget. If you're not already doing this, start keeping records of every dollar you spend and make sure they're accurate! This will help you see where exactly your money is going, which will help you determine where changes need to be made in order to save more money overall.
2. Don't let yourself get into debt over big purchases and don't spend frivolously just because someone else wants you to buy something! You should only spend what's necessary for your lifestyle, and if something isn't worth it for your needs (like buying another pair of shoes), then don't do it!
3. Make sure your credit card has a good balance so it doesn't tempt you. If it does, try getting one with lower interest rates or put more money on it every month!
4. Don't buy things just because they look cool. think twice before making an impulse purchase (or do!). If something catches your eye and you want it but are afraid of buying it because of the price tag, wait until after work and go shopping at another store where they sell similar items at less than half the price (or less). That way, if you end up deciding not to buy it after all because of its high price tag, at least you'll have saved money instead of spending more on something else!
5. Evaluate your own spending habits and figure out where you can cut back.
6. Set up automatic payments for recurring bills or subscriptions, so that you don't have to think about it anymore. This will help lower your stress level, which will make it easier for you to make good decisions when it comes time to buy something!
The good news is that there are things you can do to curb your impulse spending and get back on track with your budgeting. Here are a few tips:
1. Keep a budget. If you're not already doing this, start keeping records of every dollar you spend and make sure they're accurate! This will help you see where exactly your money is going, which will help you determine where changes need to be made in order to save more money overall.
2. Don't let yourself get into debt over big purchases and don't spend frivolously just because someone else wants you to buy something! You should only spend what's necessary for your lifestyle, and if something isn't worth it for your needs (like buying another pair of shoes), then don't do it!
3. Make sure your credit card has a good balance so it doesn't tempt you. If it does, try getting one with lower interest rates or put more money on it every month!
4. Don't buy things just because they look cool. think twice before making an impulse purchase (or do!). If something catches your eye and you want it but are afraid of buying it because of the price tag, wait until after work and go shopping at another store where they sell similar items at less than half the price (or less). That way, if you end up deciding not to buy it after all because of its high price tag, at least you'll have saved money instead of spending more on something else!
5. Evaluate your own spending habits and figure out where you can cut back.
6. Set up automatic payments for recurring bills or subscriptions, so that you don't have to think about it anymore. This will help lower your stress level, which will make it easier for you to make good decisions when it comes time to buy something!
