The “why” of impulse buys and how to kick compulsive spending
If you look around your house, you’ll probably find lots of things you bought impulsively and have never used. Impulse buying is making a sudden purchase after feeling the urge to acquire that item. Every once in a while it’s OK, but it gets to be a problem when you’re impulse buying all the time.
Constant impulse buying doesn’t just happen impulsively, so to speak, but is rather caused by an underlying factor like mood or emotion. Once you figure out the “why,” you can plot a strategy as to “how” you’ll put a stop to this expensive habit. If you don’t, you’ll find that the consequences of impulsive buying can be detrimental to your financial and mental health.