- Keep A list of Things You Need
Get a goal notebook. I find the standard black and white composition notebook works the best for this task. In this notebook, you’ll write a list of goals. Plan for a month. Write about how much you plan to realistically save and how much you plan to cut back on spending. Write how much income your bring home on a weekly basis and how much of that income is allocated to necessities like food and shelter and what you spend impulsively on. You can even document how much you spent on a daily basis. This helps you keep aligned with your goals on a daily basis. The important thing to remember is to write down your goals because writing down your goals helps embeds them into your deeper mind thus creating a deeper commitment to fulfilling them.
2. Control Where You Shop
It’s much easier to buy impulsively as physical stores. It’s part of scentific marketing actually. Expert store designers/marketers will step up items so that you notice that they are on sale or arrange them in a way that would make you want to buy items you otherwise you didn’t come for the store for. The perfect illustration of this concept is the typical checkout line which is filled with boxes of candies and sodas. They are put that there so you can buy impulsively. Impulse buying is best avoided by shopping an online stores.
3. Don’t Shop While Emotional
It’s life and sometimes we have stressful days and situations. Some people get an emotional relief and high through shopping. So in order to control those impulses we should avoid shopping and spending money when emotional. Instead develop another habit like taking a short walk, meditating, or drinking water when stressful
4. Put A freeze On Credit Cards. Use Cash Instead.
You may want to consider putting a freeze on all your credit cards to avoid unnecessary spending. When you use cash, you think more carefully about your purchases because it’s your own money you’re using. This technique helps strengthen your money management skills.
tl brown law 