Advertisement
Smart Buying

How to Curb the Urge to Overspend

Advice from personal finance bloggers on ways to control spending and resist impulse purchases.

The next time you go to the mall, beware the stares of mannequins. No, I'm not late to the game with a spooky Halloween tale. However, you should be a little scared of the tactics retailers use to get you to spend more. You can learn about the sneaky tricks they employ in Mannequin Eye Contact and Other Ways Retailers Get You to Spend More from the December issue of Kiplinger's Personal Finance magazine. Plus, I've rounded up tips from personal finance bloggers to help you avoid the urge to buy.

Advertisement - Article continues below

How You Can Be a Smarter Shopper and Resist Impulse Buying [Money Under 30] "Wait a full 24 hours. Impulsive urges don’t last. You’ll feel better while making the buy, but in the long term, you’ll feel the negative effects of debt."

How to Stop Yourself From Spending Your Emergency Fund [MoneyNing] "Create spending rules so your emergency fund doesn’t become a sort-of general fund that you raid whenever you feel like it."

How New Facebook and Twitter Features Could Leave You Broke [GoBankingRates] "Social media users who already struggle with keeping a budget are going to find it even harder to keep impulse shopping at bay. Twitter and Facebook both recently began testing new features that allow users to buy products directly from the sites."

What I Learned During Shopping Addiction Therapy [L Bee and the Money Tree] "I may indulge in a little 'mindless' shopping every now and again, mostly on vacation, but I rarely go to any store without having thought about what I need to buy first. I go in, I get out, and get on with my life."

Advertisement
Advertisement

Most Popular

What Trump's Payroll Tax Cut Will Mean for You
Tax Breaks

What Trump's Payroll Tax Cut Will Mean for You

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much will it save you?
August 10, 2020
5 Tips to Minimize Your Taxes in Retirement
tax planning

5 Tips to Minimize Your Taxes in Retirement

Don’t pay more than you have to. It all starts with a thorough understanding of the basics of how retirement income is taxed.
August 2, 2020
10 Things to Know Before Going to the Hospital (from a Legal Perspective)
personal finance

10 Things to Know Before Going to the Hospital (from a Legal Perspective)

A trip to the ER can be chaotic and scary, but getting your ducks in a row now can definitely help.
August 11, 2020

Recommended

Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping
Tax Breaks

Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping

Sales tax holidays are a great way to save money on clothes, shoes, backpacks, school supplies, and other back-to-school necessities.
August 4, 2020
Sales Tax Holidays in 2020
Tax Breaks

Sales Tax Holidays in 2020

Sixteen states are having sales tax holidays this year. If you plan your shopping around these tax-free periods, you can save big on back-to-school cl…
August 4, 2020
The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More
spending

The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More

If you're contemplating homeschooling for the 2020-2021 school year and beyond, consider these 10 things -- from surprising homeschooling costs to pot…
July 30, 2020
Good News: COVID-19’s Social Distancing Seems to Cure FOMO
spending

Good News: COVID-19’s Social Distancing Seems to Cure FOMO

Fear of missing out can put you in debt, but social distancing means no one’s missing out on anything these days. Financially, that’s great news, espe…
July 29, 2020