As we near the go-to time for holiday shopping with Black Friday right around the corner, the urge to spend could grow even further. I urge those who are feeling the urge to spend money right now to go on a temporary social media diet until they feel like they're more in control of their emotions and temptations.
Instead of doom spending, find other ways to get that much-needed pick-me-up. You could meet a friend for coffee or a walk, get outside and in nature, or call a family member. Reconnecting with other people and with nature without spending money can all be ways to give yourself a low-cost mood boost.
You might not adhere to those guidelines perfectly, but it can be a helpful ballpark that leaves room for some 'fun' spending. It can also be helpful to give yourself a savings goal that you are excited about, such as building up an emergency fund or saving for a future vacation.
Another way to avoid overspending is by creating roadblocks to manage spending impulses. Consider putting the money you almost spent on an impulse purchase into a high-yield savings account or Roth IRA.
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