Put Purchases on a Time Delay to Ice Your Impulse Buys

woman looking at an outfit that she would like to buynd3000 / Shutterstock

Impulse buying may not seem like a big deal, but the money you spend actually does more. Reduce impulse purchases by delaying them.

Separate your needs from your needs

Needs and desires are two different things but are also easy to confuse. We need food; we want snacks. We need clothes on the back, but we want the latest fashions. You may want a chocolate bar or a nice kitchen towel for the Christmas season, but do you need one or the other?

Separating wants and needs is also achieving what you need now. Yes, you need food, but if your freezer and refrigerator are still a little full, do you need to shop this week? Not really. Maybe you need some items, so be sure to go to the store with a list and stick to this list.

Make a recovery list for your needs

Once you have determined your desires and needs, you can make a list of the items you want. Not needing it does not mean you will never be able to get it. The solution to save money – and not to regret buyers who often follow impulse purchases – is to create a list of cooldowns of the items you want.

What is a recharge list? You put the things you really want on the list this minute (but you do not need it), and then you do not buy them. Later, you look at the list and decide if you still want something after a while or if it 's just an impulsive desire.

By cultivating a recharge time habit, you give yourself the time to determine how much you need the items you want. You may want a new laptop, but the one you use still works well. Put that on your list, but use more of what you have before spending a few hundred dollars.

Revisit your list monthly. Move everything that has become necessary, such as this laptop now that your old has stopped working, in your list of needs. Delete all that you do not want anymore. Add new items. Your list of cooldowns is also a great place to search for gift ideas when someone asks you what you want for your birthday or to find out where to spend gift money and tax returns. .

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