Impulsive purchases are one of the biggest enemies of saving as well the instant payday loans. And especially in the shopping season when our ads are attacking everywhere, and traders are fighting everywhere to get our attention. Including huge discounts on black Friday, cyber Mondays and Christmas promotions. What should we do?
Questions for postponement
Whenever you want to buy something, ask yourself, is this right now? If the answer does not imply that you have to buy immediately, postpone – one day, one week, even a month. If you have not changed your mind after this period, you can already afford your purchase.
Other issues that may postpone or even cancel the purchase are: Does the purchase match my life goals? Will it make my life easier in any way? Will I feel better and will I regret it after time?
The rule 10/10/10/10
This rule is useful when you face a great reduction and the “deal of the year”. In such circumstances, postponement may not work because it is clear that after a day, a week or a month, the price will no longer be the same. So ask yourself the question: What will be the meaning of this purchase in ten minutes? And ten days later? Ten months later? Ten years? Your brain may “land” and realize how in ten minutes the euphoria will disappear and you will only have some money back in the budget. Or see how the object will collect dust for the remaining unnecessarily bought after ten days. Or you might imagine, if you save those 20 pounds (for example) and set aside every month, after 10 months you will have 200 pounds forward. And you will be able to buy something more expensive that you really need, and the money is not enough for you. The more expensive the purchase in question at this time, the more money would be formed at the end of the period.
“Flush” your brain
Only in the useful sense of the word. Repeat positive affirmations for yourself, such as:
“I shop wisely and spend just what I need.” “I’m doing fine with my savings goals.” “I value the money I have made with my own labor.”
If you believe you are the person you want to be (and he does not spend impulsively and unreasonably), it will be much easier for you to really be one.
Lists, lists, lists
Make your shopping lists. List of food products. A list of necessary clothing. Equipment list. List of necessary goods for home and household. Purchase list for the child. List of gifts for holidays, birthdays, etc. List of dreams for holidays. Obviously, you can not make all of these lists and run them all at once. So every time you want to leave your shopping list at the grocery store, remember that you also have lists of more expensive and important acquisitions and plans. And any savings leu can be redirected to them.
If you are thinking about the question: “What to spend for and for what not?” read this post.