Impulse spending can add up. It's so easy to buy something without thinking about it, which leads to regret later on.
Multiple $50-$60 impulse purchases can add up over time. For example, someone who makes $60,000 a year or $28.85 hourly will have worked about two hours to pay for a $60 purchase. That's a lot of work for a purchase a person may later come to regret.
Below is a great tip to decrease impulse spending.
Wait a day or more to make a big purchase.
This is a tip you've probably heard before, but it is a good one. Waiting a day or more cuts down on impulse spending, which can save you hundreds of dollars.
It gives you a little more time to think about your purchase and ensure it's an item or service that'll add value to your life.
What are your favorite tips for decreasing impulse spending?