How to Combat Impulse Buying

Are you an impulse buyer?

Chances are that you are, or that you have indulged in impulse buying in the past. In fact, a 2016 poll done by CreditCards.com found that 5 out of 6 Americans have made impulsive purchases. Here you can know what is impulse buying and how do you combat it?

What is Impulse Buying?

Impulse buying is an unplanned decision to buy something made just before making the purchase. In other words, you’re browsing a store or retailer online when you see something you were not specifically looking to buy, but you purchase it anyway.

Never Go into a Store (or Online) Just to Browse

Never, ever. In fact, the only “browsing” you should ever do is when you’ve already decided to buy something but just aren’t quite sure of the exact item. Simply put, DO NOT go into a store (or go online) just to “look around.”

When You Do Go into a Store (or Online), Make a List and Stick to It

Making a list of needed items serves two purposes: it makes sure you don’t forget the things you DO NEED and reminds you that you DO NOT NEED anything else. This seems like a simple concept, and it is.

Sleep on It

To avoid the impulse buying walk of shame, you need the number one strategy to avoid impulse purchases. Sleep on it. Sounds corny, but it works.

Moral of the Story

First, never go into a store just to browse, and definitely do not schedule shopping dates with your friends! Second, make a list, check it twice, gonna find out who’s been impulsive or wise. Frontal lobe is gaining some ground!

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