Tips to Help Keep You From Impulse Buying

Impulse buying is a common problem that can lead to unnecessary expenses and even debt. It can be hard to resist the temptation to buy something on the spot, but with some planning and self-control, it is possible to keep from impulse buying.

1. Create a budget. One of the best ways to keep from impulse buying is to create a budget for yourself. By setting a budget, you can establish guidelines for your spending and help you stay on track.
2. Make a list. Before you go shopping, make a list of the items you need. This will help you focus on your needs and avoid buying items you don’t need.
3. Avoid impulse buying triggers. Certain places or situations can be triggers for impulse buying, such as shopping malls or clearance sales. Try to avoid these triggers if possible.
4. Give yourself time to think. When you see something you want to buy, give yourself time to think about it. Don’t make an impulsive decision and wait at least 24 hours before making a purchase.
5. Find an alternative activity. Instead of impulse buying, find another activity to do. Take a walk, read a book, or call a friend. This will help distract you from the impulse to buy something.
6. Use cash. When shopping, use cash instead of credit cards. This will help you stick to your budget and avoid overspending.
7. Track your spending. Keep track of your spending by writing down everything you buy. This will help you see where your money is going and identify areas where you may be overspending.
8. Keep a wish list. If you see something you want to buy but don’t need, add it to a wish list. This way, you can wait and see if you still want the item before making a purchase.
9. Make a rule for yourself. Make a rule for yourself, like only buying something if you have the cash on hand or if you have saved enough for it. This will help you think twice before making an impulsive purchase.
10. Get an accountability partner. Have a friend or family member hold you accountable for your spending. This person can remind you of your budget and help you stay on track.

Impulse buying can be a common problem that can lead to unnecessary expenses and even debt. By creating a budget, making a list, avoiding impulse buying triggers, giving yourself time to think, and using cash, tracking your spending and keeping a wish list, making a rule for yourself, and getting an accountability partner you can keep from impulse buying. Remember, impulse buying is a habit that can be broken with practice, and discipline. By taking the time to plan and think before making a purchase, you can save money and avoid regrets later on.