Reduce impluse spending to increase finance

[Augusta]

This is a simple logic you need to understand. Money spent without restriction brings reduction in one's finance. So reduce your impluse spending and see the magic with your financial life

 

[freelancermaria]

Yes, it is all about having self-discipline in terms of spending your hard-earned money. Without self-discipline, you won't be able to improve your finances.

 

[eLdavis]

Impulse spending has been the major problem for most persons today and myself included. There are some things I have not been able to achieve due to impulse spending I exhibit sometimes.

 

[Augusta]

It can be difficult sometimes to avoid what you never intended to buy but we need to apply self control

 

[deucher]

Of course, this is very simple logic, but when a person wants something very much, it is difficult to resist it. I can already control myself, but a person who wants to change his financial approach cannot suddenly stop buying reckless purchases

 

[Starmix]

Let's avoid spending impulsively,we'll get addicted to it and sooner or later our wallets will be empty including savings. Let's observe self - discipline and self - control.

 

[itsmejob]

I am very cautious in spending money but I ended up spending more when I did not get my incentives (or should I say failed to meet the required score to be paid double), so I end up missing monthly payments on my amortization. Now that I am behind, I am making sure that I save every cents I can get or I have.

 

[Hate2Wait]

It's important to reduce or stop impulse spending as it mostly denting our personal finances and savings and we should do this at any cost

 

[Springtime]

I am a self-discipline person. I seldom buy impulsively. When I see something appealing, I always give a second thought and see if this is really something I need.

 

[Nomad]

Impulsive buying is one of the main reasons why people are having difficulty in managing their finances.

 

[Augusta]

Yes buying at impulse can be bad for anyone. The best bet is to have budget and work with it to sustain your finances

 

[Starmix]

That's the only way to block the hidden financial struggles and feeling broke by controlling the expenditures, discipline the self and change the lifestyle to increase finances. There is no other remedy unless born rich.

 

[Augusta]

When you do on spot spending all the time then you are killing your finances which is bad

 

[Starmix]

It is not good also to be impulsive in anything for the result is negative. It is better to live in frugality than suffer at the end.

 

[Min George]

There is no magic to this. We have to plan how we spend money in order to have the best financial results.

 

[Augusta]

Yes just buying anything at will never help one with financial life yoi might Just go broke

 

[Suba]

Impulse spending can happen to anyone, therefore we need to avoid it by making a priority scale of needs, you also need to be able to distinguish between needs and wants, write down a daily shopping list.

 

[Augusta]

Yes we can use the scale of preference to scale out things that might not be helpful at all when we buy

Post automatically merged: Jan 29, 2025

Yes impulse spending isn't good for one's financial life. We just have to find a way to cut out spending on a spot or on a go

 

[Hate2Wait]

It's so hard to control this habit and even now when I am aware of ill effects of impulse buying, I still plan to buy things unnecessarily but somehow I stop myself thanks to my family.

 

[Starmix]

Impulse buying is done only by rich people. Those who live below the poverty line never do it and of course they don't have money to do it. And those who also have a lot of money but discipline never do it too. Just buy what's needed.