Oh all the ads we will see! Oh all the "bargains" that will attract our attention! Oh all the urgent needs we will suddenly have for things! It is holiday consumerism time once again. Just in time I offer this link. What do you do to curb your holiday shopping?
Frugal and Thriving offers some great advice on curbing the shopping impulse. So here are three speed bumps from that post that can be used to prevent impulse buys and stop the clutter before it enters our house:
- Never purchase something without going away and thinking about it for at least one day. You will almost always change your mind, realize you don’t need it, find it cheaper somewhere else, borrow it from the library or find a substitute.
- Ask yourself: “What will my life be like if I don’t purchase this?” This is a powerful question to ask yourself because 99% of the time you will realize that life won’t be better if you make that purchase.
- Ask also: “What is the opportunity cost of this purchase?” What will you miss out on if you do buy that thing you have your eye on. This comes back to knowing what your savings goals are, both long term and short term.