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Managing Impulse Spending

Whether it's a trendy new gadget, a fashionable piece of clothing, or a delicious treat, impulse spending can be hard to resist. It's important to remember that constantly giving in to these urges can quickly add up and drain your cash and savings. Here are some tips to help control the urge when an impulse strikes!

• Set a budget: Before heading out to shop, decide how much money want to spend. Knowing how much you have to work with can help you make decisions when you see things you like.
• Write it down: Create a list of the things you need or want to buy. It’s easier to stay focused if you have a list to review as you shop.
• Take your time: If you see something you want to buy, take a moment to think about whether you really need it. Consider waiting a day or two before making the purchase to see if it's something you still want.
• Stay in touch with your emotions: Feeling stressed, sad, or bored can cloud your judgment and lead to impulse purchases. If you're feeling emotional, find something else to do besides shopping.
• Think long-term: Before making a purchase, ask yourself if buying this item will prevent you from saving for something you really want in the future.

By following these tips you can protect your money and make smarter spending decisions. It's important to think before you buy and prioritize your long-term financial goals. Happy shopping!