Any sudden, unplanned decision to purchase a product or service is considered to be impulse buying. These spur-of-the-moment purchases can be big or small, but they are never planned. If you’re standing in line at the supermarket checkout and suddenly decide to purchase a candy bar, that’s an impulse purchase. But the same can be true of a new sweater, a pair of shoes or even a new car – if it wasn’t something you needed and you didn’t intend to make the purchase.
If you want to stop impulse buying once and for all, these tips are designed to curb your impulsive spending tendencies:
1. Plan your purchases
Headed to the supermarket? Don’t leave home without a list. Then make it a habit to stick to the list. A list helps ensure that your purchases are more deliberate and not impulsive, making it easier to scurry on past those … Read more