Understanding and Controlling Impulse Spending

Understanding and Controlling Impulse Spending

I'm 72 years of age and for several years now I've realized that the biggest battles most of us face (including me) are battles that go on within our minds. It's also true that many of those battles have to do with money… how we make it and, perhaps more importantly, how we spend it. 

If you're anything like me, you probably have bought a lot of stuff that you later realize you didn't need or (even worse) you regret buying.

For that reason, here's a selection of articles that will give you some good insight into why people waste money on impulse purchases and what we can do to stop that behavior.

How to Avoid Impulse Purchases in the Internet Shopping Age
When spending money online is as simple as clicking one single button on Amazon it's difficult to curb impulse purchases and keep your budget in check. While self-control is always your…
How to Program Your Mind to Stop Buying Crap You Don't Need
We all buy things from time to time that we don't really need. It's okay to appeal to your wants every once in a while, as long as you're in control. If you struggle with…
How to Stop Spending Impulsively Once and For All
You've tried to curb your spending problem. You've frozen your credit cards. You won't travel within a mile radius of a Best Buy, Marshall's, Sephora, or wherever else your spending…
How Stores Manipulate Your Senses So You Spend More Money
When you walk into almost any store, you're immediately overloaded with sights, sounds, smells, and various things to touch. This barrage on your senses are hand-picked for one goal: to…
Declutter by Asking One Question: "Does This Spark Joy?"
Most of us declutter by throwing away things we simply don't use, or rehoming items that get in the way of productivity. Try throwing away anything that doesn't bring you happiness…
Avoid Impulse Purchases by Not Storing Your Credit Card Online
Buying things online is so easy, it opens us up to purchasing more things we probably don't need-but want in the heat of the moment. Personal finance weblog The Simple Dollar offers a…
I hope you liked the articles. I certainly found them valuable.

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