Tag: impulse control

To combat impulse buying and save money, the article suggests several strategies. These include creating a detailed budget with room for discretionary spending, setting financial goals and visualizing them, and questioning the necessity of each purchase. Other tactics involve removing saved payment information online, blocking retail sites, unsubscribing from promotional emails, shopping with an accountability partner, limiting cash carried, and implementing a “waiting period” before buying. Recognizing retailer marketing tactics and finding alternative activities to shopping are also recommended. If impulsive buying becomes a