Avoiding Impulse Spending
- Author Surin Fallon
- Published January 2, 2010
- Word count 312
Answer the following questions as truthfully as you can:
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Does your husband or wife complain that you indulge in unnecessary shopping?
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Are you shocked to find that every month your credit card charges are mounting that leaves you struggling to make both ends meet?
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Do you have more footwear and change of clothes in your closet than you could ever possibly wear?
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Are your drawers brimming with gadgets and gathering dust?
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Do you buy that you want or you buy things that are displayed in a store?
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Do you end up with more unplanned things in your shopping bags?
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Do you exercise keep-up-with-the-Joneses lifestyle?
If your answer is "yes" to two or more questions above, you qualify as an impulsive buyer and indulge yourself in retail therapy.
A word of warning may not be out of place here. If you do not control your urge to spend immediately, you are asking for financial trouble in near future. You may not have enough for a new car, a wedding in the family, children's education or even your retirement.
What is at stake is not only your financial future but also your relationships and peace at home. You got to put your habit of unplanned spending on a tight leash.
Media blitz bombards us round the clock, day in day out. A savvy person is the one who does not get carried away with them maintains a tight control on his purse.
It is worthwhile idea to make a weekly list of items that we will need, and ask the spouse to go through it. Secondly, always carry cash that would be just sufficient.
There may be times, however, when you think you must buy a product or service. Before you go and get it, ask yourself this question, "How is it going to help me or my family? Do we really need it?"
Discover how debt elimination help can sow seeds of a secured financial future. Visit Surin Fallon's www.money-matter.com website to find out all about money dynamics and why you should have a tight control on your finances.
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