Comments on: One Strategy That Immediately Limits Spending

By: Kathryn @ Making Your Money Matter

Kathryn @ Making Your Money Matter — Sat, 23 Apr 2016 22:21:44 +0000

My husband and I each have monthly “allowances” for things like this, so I have a little extra money when I decide I really want that extra cute little doo-dad at Target. Anything over this amount we wait and research, but it works great for us for little things to just have it in the budget.
I’ve used the wait technique for lots of other things, and it’s super great advice!

By: No Nonsense Landlord

No Nonsense Landlord — Thu, 21 Apr 2016 12:34:05 +0000

Great points. Often, just thinking about a purchase a bit longer, makes the impulse go away. Odds are, you likely do not need it anyway. Of course, if it’s crack or heroin, maybe you do need it right away…:-(

By: Brian @ Luke1428

Brian @ Luke1428 — Tue, 19 Apr 2016 02:26:43 +0000

We have a predetermined price limit where we will not purchase an item that costs that much unless we wait 24-hrs. Anything under that amount and we don’t have to wait (although sometimes we still do). There is so much emotion involved in purchasing. Waiting helps reduce that excitement so we can make better decisions.

By: Rachel @ The Latte Budget

Rachel @ The Latte Budget — Tue, 19 Apr 2016 01:51:09 +0000

I’ve been trying to implement a shopping ban on clothes this year. It has proven more successful than I thought! So many times I buy something on impulse because it’s on sale, or I could use it but don’t need it. Thanks for the great tips!

By: David Carlson

David Carlson — Mon, 18 Apr 2016 23:50:42 +0000

In reply to Erin. Thanks so much Jaime! Erin shouldn't be so humble, though - she gave me her opinions and thoughts along the way and really helped make it a great design!

By: Andrew@LivingRichCheaply

Andrew@LivingRichCheaply — Mon, 18 Apr 2016 18:31:05 +0000

Wow, you waited 2 years to buy a laptop! I think we’re similar in that respect in that I always put off purchases and research it as well decide whether I need it or not. Sometimes the impulse goes away and I decide I don’t really want or need it. DC is similar too I think cause he’s been “processing” the tablet purchase for I don’t know how long now =)

By: Erin

Erin — Mon, 18 Apr 2016 17:14:46 +0000

In reply to Natalie. Oh yes - leaving the house without a credit card, or minimal amount of cash (at least, to the point where you won't get stranded anywhere) can definitely help as well!