Ask Before Spending to Curb Impulse Buying

Are you an impulse shopper? 

Have you ever made one of those impulse purchases that you almost immediately regret? Maybe you bought a chia pet, a fidget spinner, or an expensive purse, and maybe you haven’t, but we’ve all probably experienced buyer’s remorse. One of the most practical, but helpful, savings tips that I know is to ask yourself some questions before making any purchase. “How will I feel about this next year?” Or, “How will my spouse feel about this tomorrow?” Or better yet, “How many hours would I have to work to pay for this?” Now, you need to be honest with yourself because these questions can help you save a lot of money and avoid buyer’s remorse. It’s easier than ever to make fast purchases without thinking, but simply pausing to reconsider is a great way to curb impulse spending.

So use this filter, “Is this a need or a want?”  If it’s a legitimate need, “Is now the right time?” And if so, “Can I get it for less?” Make a list before you go shopping and don’t feel like you have to buy everything on the list. Write down prices and see if you can find better deals. Even better, if you’re on a strict budget, or really struggle with impulse shopping, avoid stores altogether. Find another form of entertainment because impulse shopping can harm all your financial goals. When desiring to buy the newest and greatest, remember to follow the process I’ve suggested. Ask God to help you not to give in to temptation. He can use your good example to teach your children and others! 

And if impulse spending is created a huge credit card debt problem, I recommend Christian Credit Counselors. They’ll create a debt management plan that will work for you. For more information call the Crown Helpline: 800-722-1976 or visit online at crown.org/ccc.