The holiday season isn’t just a particularly rough time on your bank account, it’s also hard on your impulse control. With so many sales and so many gifts to buy, it can be hard to stick to your budget and control your spending.
Here are some mantras you can use when you’re in the mall (or on Amazon.ca) to help you reframe your thoughts and keep your money in your wallet.
- I do not need it.
- I will not be distracted by the allure of a sale.
- By not buying this item, I will be able to use the money I’ve saved towards something more important.
- If I realize that it’s something I really do want after a few days have passed, I can always come back for it later.
- There will always be another sale. This is not my only opportunity to get this item at this price point.
- I have a list and I am sticking to it.
- There is no regret worse than spending money I don’t have on something I don’t need.
When you get home from any kind of environment that tempts you to spend money, mentally review your shopping habits:
Were you able to stop yourself from making unnecessary purchases? How hard was it for you to say no to impulsive spending? Which of the mantras listed above did you find the most useful? Do you have a new mantra that you think should be added to that list that might help others in the same position as you?
We know it’s not always easy to control your spending but we hope that we’re able to give you some guidelines to help get you started and keep you on track.
Feel like it’s time to get some help from a professional? You can fill out our online application right here.