The Secret to Stopping Impulse Buying

02.21.08 | Money | 1 Comment | by junger

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Everyone has impulses. For a lot of us, those impulses tell us to buy things that we want but don't necessarily need.

Right now, I really want either a PlayStation 3 or an Xbox 360 — partially to play Rock Band but also to get a Blu-ray player (now that it has won the format war).

I even had to spend an hour in Best Buy — twice! — in the past two weeks while I was getting new speakers put into my car (the old ones blew). To top it off, I spent most of that time playing the in-store demo of — you guessed it — Rock Band.

But I didn't walk out of there with any extra purchases.

Every time I consider hopping onto Amazon.com and buying something or picking up a gadget at Best Buy, I think about what I'm saving for — and I stop. We're saving for a home, and any big impulse purchase I make before then is going to take away money from that goal.

To stop your impulse buying, always remind yourself what you are saving for. It may help you to carry something physical — say, a picture of a house or photo of your kids.

How much is your impulse purchase going to hurt your savings goal? Don't let it.

Technorati Tags: , , , , ,

Tags: , , , , ,

Subscribe to Email Updates

Enter your email address:

Read More Related Posts

Example: %customfield2%

1 Comment

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

:

:


« What Did You Do Before Online Banking?
» Free $5 Starbucks Gift Card for Online Banking Survey