Impulse purchases add up fast and prevent you from saving money. Take note of what you buy impulsively, whether it’s clothing or home decor, so you can start adjusting, budgeting or removing yourself from tempting situations.
Picture: Anne Worner/Flickr
You probably know if you spend too much money, but if you ever ask yourself where all your money’s gone, it helps to clarify. Take note of the things you purchase that you don’t really need or purchase without really thinking about, and deem those your weaknesses. Then consider ways to avoid repeating your past mistakes.
You could use the 30-day list, or treat shopping like an addiction and avoid it altogether. Squawkfox suggests avoiding the aisles of the store that have your impulse triggers in them, or avoiding a sale by reminding yourself there’ll always be another sale later. Read more tips about curbing your impulse shopping below.
Impulse buying is the Achilles’ heel of saving money [Squawkfox]
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