5 Ways to Curb Impulse Buying

Do you really need another pair of shoes? What’s wrong with the appliance you already have at home? These may seem like logical questions to ask yourself before purchasing an item, but impulse buying isn’t about logic. Impulse can be costly. Here are my 5 tips and tricks on how to curb your impulse buying.

• Ask yourself three questions. 1. Do I need it? 2. Can I buy it cheaper/ second hand? 3. Can this money be better spent elsewhere i.e savings, a holiday, clearing debt? Having this mindset is a great way to avoid buying unnecessarily, and to remind you of your financial goals.
• Give yourself a 2 week period to think about the item before you buy it. Taking yourself away from the shops, spending a little time weighing up the pros and cons, and then making a rational decision about whether…