See for yourself around you and will realize that you end up buying so many products you do not actually need. Just yesterday I fell prey to buying a hair conditioner for myself when my shampoo already contained conditioner in the mixture. Why did I purchase the conditioner separately then? This is because the aggressive marketing strategy that the company adopted to develop the need for long, silky, smooth hair preyed on my sub-conscious although it can be attained by simply using a shampoo alone.
Divert your attention and energy elsewhere - somewhere productive:
For some people, going on a shopping spree is therapeutic. It heals them off the emotional turmoil they are subject to. How many times have you heard your friends treating themselves with all the expensive wardrobe collections after a breakup? They say it makes them feel better. This feeling can be compared to a state of euphoria, which is short lived. Hence it is better to direct your energy somewhere, say for example a makeover at the saloon. At least it won’t drain your pockets the way shopping does and you would emerge from the experience rejuvenated and revitalized. That is exactly what I do, when I get a strong emotional urge to go shopping, when there is actually nothing substantial that I may need, I decide to invest on my personal well-being.
Furthermore, you can even opt for feeding your brain, for your mental and emotional growth and development. This can be done through attending workshops or seminars on topics that particularly interest you. Or maybe pay a visit to a bookstore and find your motivation. Personally, I have made books my best friend. Whenever I have some cash to spare I head straight to the bookstore first and buy myself a good read. Not only does it keep me preoccupied but is also addictive, keeping me away from spending on unnecessary things.
Spend quality time with friends and family, if that helps in resisting the urge to go shopping. Nothing can compare joining a gym-it will keep you pre-occupied and physically fit as well.
Just like quotas are set on large scale, similarly you can set certain limits when it comes to spending on a personal level. I have a diary in which I list down all that I spend in one day. By evaluating my expenses I set specific amounts to be spent, thus limiting my desires. Spending opportunities are limitless, each company and marketer is fishing for potential buyers who will become the scapegoats of their aggressive marketing campaigns. Try to look for an opportunity to self-earn. Hard earned money is usually hard to spend. It is then, when you realize the worth of hard work and you would re-think your spending options a hundred times over. This way you will be utilizing your time productively and even learn something new, wherever you choose to work. Trust me; since I have started earning on my own, my emotional buying decisions have been minimized. This will even save you the hassle of getting burdened with loans and then finding out ways to gain debt relief.
Save for a rainy day
You never know what life has in store for you. Expect the unexpected and keep the uncertainty in mind that may befall you. Contingency plan will always save you trouble in the future. It is always a wise decision to be able to manage your cash inflow. Easier said than done, I totally agree but you’ve got to start somewhere. If you can’t save big amounts in one go, start with a few dollars and eventually it will pile up to a considerable amount of cash that might be a source of relief for you when faced with a financial crisis. I started with $5 and trust me as I started saving and that amount turned into a handsome amount, I could think of all the possible ways I could invest that money to secure my future. Sometimes I would reward myself too. Sounds cool no? Opening up a savings account would definitely help.
My formula for saving some cash every month is setting aside an amount at the beginning of every month and then forgetting about it.