After dealing with record inflation and sky\u002Dhigh gas prices, this year can be an opportunity to either right the ship or continue building
This advertisement has not loaded yet, but your article continues below.Whether it be a $5 or $500 purchase, impulse buys can destroy your wallet. If you find yourself pulling out your card far too often, set a purchase limit for yourself that requires you to wait a certain time before you buy something. For example, you could tell yourself that you’ll wait a week before buying any non-essential item that costs $100 or more. If that week passes, and you still want the item, then buy it.
Even though you may have already set a goal to reduce your impulse buys, you may need to take things a step further. It might be a good idea to ban yourself from certain stores or aisles. For example, the record shop, Amazon, or the snacks aisle. Let’s be honest, there are just some things we can’t resist. Once the item is in front of us, we find ways to justify the purchase. If you don’t expose yourself to these situations, you’ll end up spending less.
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