It’s SO easy to go into a store thinking you’ll buy one thing and end up leaving with three bags full of stuff! We’ve all done it – especially right after pay day. But, nothing says that has to happen every time. Here are a few ways to prevent impulse buying and help you save money for the really important things (like an awesome vacation!).
1. Know what’s already in your closet.
Today is absolutely beautiful! Between the sunshine and 75 degree temps, it already feels like Spring! So, after spending some time outside, why not embrace the season and start your spring cleaning early?
By going through everything in your closet and trying things on, you’ll know what you need and more importantly, what you don’t. When you have this in mind, you’re less likely to pick up unneeded products at the store.
2. Limit the number of trend pieces.
Every season we buy the new “best” makeup kits, the outfits inspired by what we loved from the runways and even just random things we thought we could use (but never do)! These items tend to clutter our wardrobes and dressers. Then, they become useless by the next year.
Quick Fix: Limit the number of trend items you buy per season to just 5 or less. This will keep your space de-cluttered and put some much needed cash back in your pocket.
3. Make a list before going into big sales.
Whether you’re stepping into Barney’s Warehouse sale or your favorite store’s seasonal clearance event, it’s easy to get distracted. The phrase: “I can get this super expensive dress for half price! I’m so going to buy this!” isn’t uncommon. You think “I’m saving money” when you’re actually just spending an extra $50 to $500 on things you don’t need and may not use often enough to make the investment worth it.
Quick Fix: Before going out, make a quick list of what you actually need/would like to get from a sale. This way, you’ll avoid spending over your budget or buying something you don’t need/already have.
4. Set a budget.
As a savvy millennial, you already know how much you can spend on what per month. Setting a budget on what you can spend per shopping trip as well should help you stay in check and maybe keep a few extra dollars in the bank. If it doesn’t fit in the budget, you don’t get it.
Need some help? I tend to keep myself in line by sticking to what’s included in the store’s coupon.
5. Look for things that truly fit your style, not just fill magazines.
This goes back to tip number 2. Before you pick up that tassel-lined clutch, think to yourself “Is this really me?” If the answer is “No,” then it will be easy to fight the impulse.
6. Reassess before you hit the cashier line.
Stop and take a second look at everything in the cart (online or physical). Has your excitement for that one shirt dwindled? Leave it. Are you having second doubts about whether you need that chunky belt or not? Let it go. [Insert bad “Frozen” reference.]This is the biggest test and usually the most successful for me.
Whether you follow just one or all of these tips, it should help stop the unneeded impulse buying and leave you with some extra cash for experiences you really love.
Happy shopping, everyone!
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