So, I have the scoop on how you can get better at saying "No" when you feel the urge to reach for your wallet. We found these tips at the website All Things Frugal .com.
- When you go shopping, leave your credit cards at home. If you only bring the amount of money you plan to spend, you're unlikely to make impulse purchases.
- Also, don't let your bank raise the limit on your credit cards. You don't have to accept an increase just because they offer it. That way you won't be tempted to use the extra spending room.
- Some more intelligence for your pocketbook: Allow yourself a few little splurges. If you're too strict about your spending, you run the risk of feeling so deprived that you don't stick to your budget - and you end up spending more in the long run.
And when you find yourself tempted to make a purchase, ask yourself the following questions:
- Do I really need this item?
- Do I need it today?
- If I don't buy this item, will I be a lot worse off?
- And will I be glad I plunked down my hard-earned cash for this tomorrow?
If you answer "no" to any of these, leave the item OUT of your shopping cart.