Buy Less with These 8 Tips
We all know that, right? So why is it so hard to do?
Maybe it's difficult because it sounds like taking a step backward in life. In a culture where success is usually measured in terms of material possessions, buying less sounds boring, ridiculous, and counter-productive.
And since we're all exposed to hundreds of ads every day, in every possible space and format, we're constantly aware of the world of products available for our consumption. Even if we tune out most of the details, our cultural atmosphere is permeated with the message "buy, buy, buy!"
But there are some areas where I still struggle with spending too much. I can't pass up a bookstore, and my husband and I eat way too often in restaurants.
My weaknesses may be different from yours, but maybe there are some strategies that can help all of us.
1. Track your spending.
Many people make this suggestion, and I've tried it several times, only to become bogged down and give it up after a few weeks. What finally made it a useful strategy was to track spending in one problem area (for us it was eating out). Seeing in black and white how often we ate out (five or more times every week at the beginning) and how much we spent (over $1,000 the first month) gave us a ton of motivation to practice some self control.
2. Don't look for bargains on items you don't need to buy in the first place.
3. Eliminate shopping triggers.
Unsubscribe from store emails. Unlike brands on Facebook. Change your route home if you drive by a store or restaurant you tend to visit. You get the idea. Out of sight, out of mind. By not having the visual reminder, you can change your routine and break your habit.
4. Start with a fixed amount of cash each week.
Pay bills online or with a check. The cash is for groceries and other food, gas, and incidentals. Challenge yourself to make it last.
5. Don't carry a credit card.
This goes with #4. Keep your credit card at home so you can't whip it out on impulse (I seal mine in an envelope and file it with my credit card statements). You can always retrieve it for a true emergency.
6. Plan ahead.
My husband and I eat out less if I have dinner planned and ingredients ready to go. You could curb spending on clothes if you take time before each new season to look at what you already own and plan to purchase only what you need to fill in gaps.
7. Use the "seven day rule."
8. Redirect the time you spend shopping.
Comments
Post a Comment