iSavta | 17.04.2023

Impulse buying can be a major problem for many people, leading to overspending and financial stress. However, with a little bit of self-awareness and planning, it is possible to curb this habit and take control of your spending. Here are some tips on how to stop yourself from impulse buying:

1. Identify your triggers. The first step in overcoming impulse buying is to identify what triggers the behavior. This can be anything from feeling bored or stressed, to seeing a sale or a particularly appealing product. Once you know what triggers your impulse buying, you can start to develop strategies to avoid or manage those triggers.
2. Make a list. Before you go shopping, make a list of the items you need to buy and stick to it. This can help you stay focused and avoid the temptation to buy things you don't need.
3. Use cash. When shopping, use cash instead of credit or debit cards. This can help you stay within your budget and avoid overspending.
4. Take a break. If you find yourself in a store and feeling the urge to buy something, take a break. Step outside for a few minutes, or even a day, to think about whether you really need the item.
5. Find alternatives. Instead of buying something on impulse, find an alternative that is less expensive or that you already own. For example, instead of buying a new dress, you could wear one you already own and accessorize it differently.
6. Keep a spending diary. Keep track of your spending, writing down every purchase you make and the reasons why you bought it. This will help you become more aware of your spending habits and patterns, and may help you identify areas where you can cut back.
7. Seek help. If you find that you are unable to control your impulse buying, seek help from a financial advisor or therapist who can provide guidance and support.
8. Lastly, remind yourself of your financial goals. Impulse buying can often be a roadblock to achieving financial goals, so remind yourself of your long-term financial plans, and how impulse buying might negatively impact them.

In summary, impulse buying can be a difficult habit to break, but with a little bit of self-awareness and planning, it is possible to curb this behavior and take control of your spending. Remember to identify your triggers, make a list, use cash, take a break, find alternatives, keep a spending diary, seek help and remind yourself of your financial goals.