Avoid Online Impulse Buying

July 30, 2012

Today’s post is a guest post from Kristy Liner. She has got some very pertinent advice for you, if you are tempted by the ease of online shopping. Thanks Kristy.

Stop Clicking, and Read! Avoiding Online Impulse Buying
Most of us love shopping, and online shopping is even better. You can shop in your pyjamas, with curlers in your hair, while you watch TV, and cook dinner. However, the online shopping generation has made it a bit too easy to spend our hard earned cash online. Now, impulse buyers don’t even have to leave their homes to spend money that they should probably hang on to. I’m sure we’re all very responsible shoppers who know nothing about impulse buying, right? Yea, well, consider the following steps to help stop online impulse buying, just in case you have a “friend” who could use the help.

Set a Time Rule
Whether you give yourself one hour or 30 days, set a standard for yourself. When you find something you want, wait for your decided amount of time before buying it. Put it in your “wish list” rather than your cart. If after that one week or 12 days, you still want or need it, then you can buy it. Often times, you will forget about it, and if you do, you didn’t need to buy it in the first place.

Don’t Make it Easy
Don’t store your credit card information on online sites. Before you can make a purchase, make sure you’ll have to dig out your credit card and enter the information. Sometimes this can deter you from going through the trouble to make the purchase. If that’s all it takes to change your mind, you definitely don’t need the item.

Research
Set another rule for yourself. Take the dollar amount of an item and spend that many minutes researching the item and pricing of the item. If you want to buy a $150 pair of shoes, you must first spend two and a half hours researching the shoes and where to get the best deal. If the time spent researching isn’t worth it, neither is the purchase. If it is worth it, chances are by the time you’re finished researching, you will have found the item at a rock-bottom price.

Don’t Drink and Shop
There’s no better way to set yourself up for buyer’s remorse than by shopping while intoxicated. Consider some of the other decisions you won’t let yourself make when you’ve been drinking and ask yourself if spending money is any less important. If you absolutely must surf the web after a few drinks, save your wants to a wish list to reconsider at a later, more sober time.

Don’t Tempt Yourself
Unsubscribe to daily deal mailing lists. A sale in your inbox is hard to ignore sometimes. However, if you aren’t subscribed to their mailing list, you’ll be none the wiser. Retailers set these email messages up to lure you to their site. They make you desire a product you never knew you needed and then make you feel like this is the only time you will ever buy it at this discounted, low price. If today is the only day you can get 30 percent off of something, that doesn’t mean you need it. Save yourself some money and unsubscribe now.

While online shopping is a definite no-hassle way to purchase the things we need at low prices, taking advantage of the accessibility is a bad idea. Not only will you spend money you wouldn’t normally spend, but you’ll buy things you don’t even need. Take these steps to deter yourself from falling into the trap and save money today.

Kristy Liner enjoys writing about tips for saving money at http://creditscore.net.
Image credit: auremar / 123RF Stock Photo

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