Posted on June 9, 2020 by Nelsie Rita Marie Montuya
In this article, you will learn your way to becoming a responsible buyer by knowing 5 ways to avoid impulse buying and save cash for rainy days.
Almost on every platform, you go through, ads and promotions become more creative and competitive. Transitioning into the new normal, they find numerous ways to catch your attention with sales or buy 1 take 1’s, thus making you act on a common behavior we’re all familiar with. So, how can you avoid this?
Identify your wants and needs
When you’re aware of how you can become a compulsive buyer sometimes, find time to identify your needs and wants at home. Write them down and categorize them. To help you even better, add a subcategory of liability and assets.
Value for money
One thing you should also put into consideration is your value for quality, purpose, longevity, and worth of a product. Here’s a situation for example.
You wish to purchase your very first Bluetooth speaker and you’re very keen on the sound quality so you make a canvas around the local mall or research reviews online for the products you’re interested in. When you’re leaning closer to one item, compare. Its longevity, hours for playtime, price, and warranty.
When you want to get your money’s worth, learn more about the product more and other first user experience. That way, it will save you from experiencing any negative feedbacks or purchase regret.
Set a disciplined habit
It’s true what people say: “The mind is the most powerful organ in the human body”. Your opinions, perspective, decisions, behavior, and many more roots from the mindset you condition yourself with.
To help you better, give yourself several scenarios that put you in a spot of impulse buying. Learn to reason with yourself and be more practical. The hardest habit sometimes is hard to break but with consistency and discipline, you’ll be fattening up your wallet in no time.
Rethink and evaluate
When caught in the moment, evaluate the situation. Sometimes, when you get caught off guard, you want to act on the feeling. Instead, re-evaluate, think, and re-think. This helps you stall yourself from actually making an unnecessary purchase.
Save yourself on rainy days
At the end of every struggle comes the rewarding moment. The smallest efforts you make to refrain yourself from making impulse purchases will not only lighten up your worry but also save you on days when you need it most. You will thank yourself one day.
Old habits die hard. However, your decision to avoid impulse buying will reward you in the end. If you’re reading until this point, then congratulations! You’re willing to take one step closer to overcoming the challenge of impulse buying. Always remember:
Save money and money will save you.
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