Whenever you go to the mall, it is a common experience to swipe your credit card or pay immediately in cash when you see something that you really want. After your purchase, that’s when you realize that you have a lot of bills to pay and you do not have enough money to pay them. If this has become a habit, then you should clearly get rid of it.
Changing a bad habit like this is easy. Here are some suggestions for you to start with.
Do not bring your credit or debit card.
It is easy to spend on things that you do not really need when you are not worrying about money. Debit or credit cards give you a certain sense of security, although temporary, in such a way that you can literally buy anything that you see with just a swipe of the card. If you are this kind of shopper, then it is not surprising that you are having problems with money. Next time, leave your cards at home when you go to the mall.
Make a list of items to buy. Set a budget for it.
Shopping makes everyone happy. However, this happiness that many feels turns to worry when they see their credit card bills. If you want to avoid spending too much and in turn incur debts, manage your finances wisely. Set a shopping budget, whether it’s for grocery or for the holidays, make a list of your things to buy, and stick to them.
Pay in cash.
Since you have made a list and you have set a budget for it, you know how much money you would be spending. It is easy to overspend when you do not know how much money you still have. When you overspend, that is when you start accumulating debts; that when you maximize your credit limit. As much as possible, since you already have an idea of the amount that you should spend, pay in cash. Paying in cash means you do not have to worry paying your purchase in the future unlike when you pay using your credit card.
Bring enough money only.
It is easy to get tempted to buy an item if you have extra cash. It’s like having a credit card. You know that you have money to buy that item so your tendency is to purchase it immediately without thinking that the dollars that you used will be used to pay other things.
Do not buy on a rush.
Be a smart buyer. Smart buyers think twice before purchasing an item. They check the competition, compare prices and buy necessary items only. They are great in looking for bargains. If you are a smart buyer, you do not readily buy an item unless you are sure that you need it. In turn, smart buyers do not swipe their cards in an instant just to purchase a pair of jeans that they do not really need.
Avoiding debts at the mall is not as difficult as many think it is. Follow these steps and surely, you will never ever have to worry about incurring debts while in the mall.
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