Featured Posts
  • Five Ways To Save Money – Money Myth Busters

    Five Ways To Save Money - Money Myth Busters

    What are money myths? Money myths are those old sayings that are repeated so often that they become myths. They are very popular with many people living by them as a guide for creating and protecting their wealth. Which money myths are true?  We take a look at five popular money myths ...

    Read More

  • Five Ways To Invest – How To Start Investing

    Five Ways To Invest - How To Start Investing

    Investing can be very complex and daunting for most people. No matter where you look there are countless advertisements looking to capture your hard earned money and plenty of financial horror stories in the media tempting you to sit tight and do nothing. Our goal with this article is to you help ...

    Read More

  • How To Value Frequent Flyer Miles – Cash Or Fly?

    How To Value Frequent Flyer Miles - Cash Or Fly?

    Frequent Flyer miles programs can be difficult to understand. We all seem to want to accumulate the points (miles) and talk about the times we used them for ‘free flights’, but have you ever tried to work out what they are really worth? Here is a simplified guide to valuing your ...

    Read More

  • Five Ways To Save Money – To Be A Millionaire

    Five Ways To Save Money - To Be A Millionaire

    Reaching a cool million is still a major goal for many people. There’s plenty of advice out there on how to reach the $1 million target from self-made millionaires, self proclaimed investment gurus and unfortunately, many unscrupulous people looking to take advantage of your emotions. These Five Ways to Save tips are about being realistic ...

    Read More

  • Newsletter – Interest Rates, Retirement and Inflation Trivia

    Newsletter - Interest Rates, Retirement and Inflation Trivia

    Latest Articles Low Interest Rates - Be Careful What You Wish For.  The interest rate debate in Australia is close to fever pitch. The media and business community are putting pressure on the Reserve Bank of Australia (RBA) to lower interest rates and this is (mostly) supported by the general public, but ...

    Read More

  • Low Interest Rates – Be Careful What You Wish For

    Low Interest Rates - Be Careful What You Wish For

    The interest rate debate in Australia is close to fever pitch. The media and business community are putting pressure on the Reserve Bank of Australia (RBA) to lower interest rates and this is (mostly) supported by the general public, but be warned -  lower interest rates is not always good ...

    Read More

Save Money By Avoiding Impulse Buying – Part 2

Six more tips from Mrs humble savers to avoid falling into that trap of Impulse Buying

  1. Don’t get drawn into the current wave of retail promotions of wanting you to buy more. For example, ‘Buy five for the price of three’. Ask yourself do you really need all these items?
  2. Be mindful of the brand hype – For example, shampoo is generally the same whatever the brand name, so do you really want to pay more because of the brand even though the ingredients are much the same?
  3. Don’t get sucked in by scientific terminology related to cosmetics even when they sound legitimate. This method preys on women’s vulnerability and leads to you paying more for these types of products.
  4. Be aware of your mood as it can easily impact on your impulse to buy – If you are feeling down go on a walk rather than hit the shops.
  5. Eat before you go out – This has two key benefits, 1) Grocery shopping when you are hungry will make all items on the shelves look great and you will  buy more than you need and 2)  All those cafes in shopping centres are vying for your business and they are irresistible on an empty stomach!
  6. Don’t shop on the net after a few drinks – Internet shopping is so simple and after a few drinks you could easily be tempted to get those luxuries which otherwise you would leave alone, not to mention making some very basic errors and not ordering what you really wanted.
The challenge is to remain disciplined and practice is they key. Often the best way to practice is to limit the cash in your purse/wallet and leave the credit cards at home. Good luck.

Image: Simon Howden / FreeDigitalPhotos.net

 

Related Posts Plugin for WordPress, Blogger...
Print Friendly

, ,

SEO Powered by Platinum SEO from Techblissonline // PrintFriendly var e = document.createElement('script'); e.type="text/javascript"; e.async = true; e.src = '//cdn.printfriendly.com/printfriendly.js'; document.getElementsByTagName('head')[0].appendChild(e);