8 January 2019

Steps to Take to Stop Unnecessary Buying



Are you the kind of person who discovers when you get home that you’ve managed to buy another leopard print dress that is almost identical to the two you have in your wardrobe? 

If you’ve noticed that somewhere between leaving the tills and taking everything out of your bag that the buzz of purchasing new things has gone, it might be time to start reassessing your spending. Here are some ways to manage your money and start thinking carefully about saving up.

Know What you Have
Take some time to assess your current finances. Work out your incomings and outgoings and look at what you’ve been doing with your disposable income. Look through the things you have already, from the gadgets in your kitchen to the shoes in the hall and note what’s there so you don’t start buying duplicates.

If something unexpected cropped up when you look through your statements from the last six months, alter your spending habits to account for similar sudden expenses in the future. For example, any home repairs or a car breakdown that you had to pay out for.

Once you know what you’re buying, you can start thinking of how you can plan your spending. Is there any way you can forego the morning coffee or the sales at your favourite brand in order to save some money? Making some small amends to how you spend your salary can go a long way to helping you save up.

Buy Things that Last
Do you need to get the latest phone or tablet, or can you hold on to what you have for now? If you’re someone who upgrades your tech as each new version is released, it might be worth investing in gadgets that are built to last a while in order to save money.

Similarly, if you have a dress that you love too much to wear or a car that you daren’t drive, you’re losing money in the long run. This is because you’re more likely to buy a cheaper version of the dress only to throw it away or pay for public transport to save making your car messy. Invest in something that’s high-quality that you’ll use again and again.



Avoid Temptation
If you’re a sucker for a sale or you fill up your lunch breaks by scrolling through promotional emails it might be time to make some changes. Start by unsubscribing to the sites that you know you’ll be most tempted by and try to avoid big events such as the January sales or Black Friday.

Unless you’re a savvy shopper, the bargains you think you’re getting won’t add up if you’re buying things you want rather than things you need. That’s not to say you can’t treat yourself every now and then but get the practical purchases out of the way first. 


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