“Unlocking the Secrets: 6 Surprising Habits That Keep High Earners Living Paycheck to Paycheck”
Even more shocking, in the 12 months between 2022 and 2023, Americans spent a staggering $71 billion on impulse buys.
That’s right—billions!
If you’ve fallen into this trap, don’t worry, you can take back control with a few simple strategies.
- Limit social media usage: The less time you spend exposed to tempting ads, the less likely you’ll fall for them.
- Wait before buying: Give yourself 24 hours before committing to a purchase. Often, that time gives you the clarity to decide if it’s really worth it.
- Unsubscribe from marketing emails: Retailers know how to lure you in with flashy discounts and limited-time offers. By unsubscribing from marketing emails, you reduce the temptation to buy things you don’t really need. Out of sight, out of mind!
2) Making impulse purchases
Warren Buffett once said, “Do not save what is left after spending; instead spend what is left after saving.”