SanghaToday Blog

Compulsive shoppers always have a hard time saving. You may discovertoo late that there are more important things to save for than a beautiful car or a classy suit. Saving also doesn’t mean never spending on anything nice you see at the window. It takes some discipline and consistency if you want to see long term results. The training will also help you become more capable of handling money well. Here are some tips.

1. On what to bring. I recommend bringing only enoughmoney for food and transportation when you plan on going to the mall or department store. This way, you can window shop all you want without the danger of spending unthinkingly. You should also leave your credit cards at home, or better yet, cut them to pieces. The use of credit cards is a very dangerous and expensive habit, since you’re spending money you do not have. It is vital that you always set the right mind when going for a strollanywhere.

2. Credit card tips. You may keep up to a maximum of 2 credit cards at a time. Make sure you also have a list on what to use these for. Credit cards should only be used as a lastresort, or for planned spending. You can allocate a certain amount to be paid via credit such as your groceries, a Leather wine carrier or house mortgage. Do not use the cards for any other reason. If you find yourself spending via credit, pay it right away with cash. When paying for your cards, always pay the totalamount to avoid the growing interest. You are putting yourself at risk for bad credit standing by not planning ahead.

3. Give yourself time. If you want to buy anything or are drawnto something on the window, try to fit and see how the item looks on you. Afterwards, return it to the saleslady and give yourself one or two nights to think about your decision. If after 2 days you no longer feel the inclination to buy, then let it pass. However, if you still feel the need to purchase, allocate some funds for it when you receive your income or after you pay your dues.

It is equally important to reward yourself once in a while by buying a number of things, such as brand new Stainless steel flask. This will keep you sane. However, you should make sure that the item falls within your budget. Never spend more than what you can afford. You can browsethrough other sources, including the internet, to find better deals and prices.

4. Find a partner. You can look for someone who has the same dilemmato help you delay on purchases. Having a friend nearby can act as your conscience whether you really need the item for now or not. Those Flasks may look priceless, but I’m very sure your partner can make you feel otherwise. Continue bringing a friend along while window shopping until you can independently manage your spending habits.