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One Simple Trick to Avoid Impulse Buying

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Manage episode 405529394 series 2914294
Content provided by TheSoul Publishing. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TheSoul Publishing or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We spend more than $5,000 annually on impulse buying. But we are not the only ones to blame, manufacturers and sellers study us carefully to trigger our desire to buy. However, there are very effective ways to withstand any temptations and keep growing your savings. We decided to find out what the best strategies are to save money during shopping sessions. And now we can’t wait to share these golden tips with you.

For example, one study found that the physical appearance of money influences our spending. People are more likely to give away those bills that look old, dirty, and worn out. One more study reveals that consumers are more likely to spend more money if they pay with their debit cards, than if they pay with cash. When we pay with cash, we see the amount of money we spend and hand over to the cashier. Makes it a lot more painful! You don’t get that effect when paying with a plastic card. So, if you’ve finally decided to challenge your habit of spending too much money, we have these simple money saving tips to help you do this.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

5146 episodes

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One Simple Trick to Avoid Impulse Buying

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Manage episode 405529394 series 2914294
Content provided by TheSoul Publishing. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TheSoul Publishing or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

We spend more than $5,000 annually on impulse buying. But we are not the only ones to blame, manufacturers and sellers study us carefully to trigger our desire to buy. However, there are very effective ways to withstand any temptations and keep growing your savings. We decided to find out what the best strategies are to save money during shopping sessions. And now we can’t wait to share these golden tips with you.

For example, one study found that the physical appearance of money influences our spending. People are more likely to give away those bills that look old, dirty, and worn out. One more study reveals that consumers are more likely to spend more money if they pay with their debit cards, than if they pay with cash. When we pay with cash, we see the amount of money we spend and hand over to the cashier. Makes it a lot more painful! You don’t get that effect when paying with a plastic card. So, if you’ve finally decided to challenge your habit of spending too much money, we have these simple money saving tips to help you do this.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

5146 episodes

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