#impulse-spending tag

I needed to save money, so I challenged myself to a 30-day spending freeze. I learned a lot about my financial habits.

My goal was to only pay bills. I didn't want to buy anything extra, but I knew things always come up, like my son needing something for school. I told myself ahead of time that I could "break the freeze" for absolute necessities only. Over the 30 days, copays for doctor's appointments and prescription costs were the only unexpected purchases I made.

Mindfulness

Digital life

fromwww.theguardian.com

2 weeks ago

My week of only using cash: could a return to notes and coins change my life?

Switching from contactless cards to carrying only cash can impose immediate spending limits and increase awareness of purchases, helping curb impulsive spending.

E-Commerce

fromThe Drum

3 months ago

More than half of consumers will turn to social media for holiday shopping this year

Consumer shopping has permanently shifted online, with 87% of current online shoppers planning to continue and impulse purchases increasing across multiple categories.

fromBustle

5 months ago

The "Saying Instead Of Buying" TikTok Trend Is A Satisfying Money-Saving Hack

Hot pink phone case. Green workout set. Woven tote bag. Gourmand perfume. Instead of buying the things they want the instant they see them, many people on TikTok are talking about the items out loud as a way to curb their spending. The "saying instead of buying" trend is all over the app, especially amongst those who like to hit "add to cart" multiple times a day.

E-Commerce

fromPsychology Today

6 months ago

FOMO, Impulse Buys and the Summer Spending Hangover

Between last-minute weekend trips, fun dinners and the endless scroll of friends' social media highlight reels, it's easy to find ourselves swept into a season of "yes." Yes to the concert. Yes to the extra round. Yes to that shirt we didn't know we "needed" until five minutes ago. By fall, the glow starts to fade, and the bills start to arrive.

Psychology

Retirement

from24/7 Wall St.

8 months ago

What Should I Do With My Inherited $20,000 - Investment or Savings Options?

Inheriting money can lead to financial challenge and impulsive spending.

Smart financial planning is essential after receiving an inheritance.