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How to stop impulsive buying in order to save more
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[QUOTE="arunima25, post: 243086, member: 30475"] Shopping can be addictive and impulsive buying has become a sort of sickness. I have known many people around me in my relatives and closed circle of friends who are addicted to impulsive buying. They earn well enough but fail to save despite their good earnings. They are always in some sort of financial crisis when it comes to emergency situation and in most of the cases, their impulsive buying is to be blamed. I read an article that sometimes people tend to go for window shopping and impulsive buying when they undergo some sort of emotional crisis and depression. Also, there are cases where the sales and discount offers tempt people and they end up going for buying stuff that they might not even need actually. Marketing people take full advantage of this. These discount offers tempt and people end up spending more on buying than the actual saving that they would make out of them. A good financial budgeting is important. And you should be very clear about your financial priorities. One has to be very strict about emergency saving bucket. Like any good habit, a strict financial planning and budgeting and sticking to it requires lot of self control and discipline. The earlier you develop it, the better it is for a good financial future. Try to control your urge to buy everything that tempts you. Think few times..whether it's the nerd or just a want. Do you need it now? Is it the financial priority now? A little bit of logical reasoning and self-control will help you to get over the urge for impulsive buying. [/QUOTE]
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How to stop impulsive buying in order to save more
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