5 Ways to Avoid Impulse Buys

Sometimes our worst financial enemy is the impulse buy. It’s that momentary thrill of “Should I buy this? I think I need to have it.” It ruins budgets. It ruins will-power. No matter how strong you may be when you are at home, it can be difficult to resist a “good” impulse buy. If you normally struggle with these types of purchases, check out these five tips to try and avoid impulse buys.

#1) The 30-Day Rule

Follow the 30 Day Rule. If you see an impulse buy that you feel like you need, make yourself wait a certain amount of time (like 30 Days) before you actually buy it. When it comes to this rule, the longer you wait the better.

#2) Give Yourself A Splurge Budget

Give yourself a monthly budget for splurging. Everyone needs a “fun fund”. If you don’t have one, then there is more of a chance of blowing your budget on things like impulse buys. Think of your splurge fund as a small, monthly, discretionary spending account.

#3) Don’t Be Fooled By Sales

Sales are the worst temptations for impulse buying. When you stumble across a sale, your purchases will fall into two different categories:

“I really want this!”


“Ohh…I could probably use this.”

If you must buy something at a sale, have it come from that first category. This will prevent having items around the house that “you just sort of liked.” We all have items that we tuck in the back of our closets because they seemed like a good idea at the time.

#4) Keep A List Of Things You Really Want Or Need

Keeping a list of things that you need for around the house or items that you truly desire and need is like keeping a budget. You know exactly what you can allot for and where your money should be going in order to avoid needlessly and frivolously spending money. That being said, there is a difference between wanting and needing something and getting an item just because it caught your eye.

#5) Buy Only The Things You Can Return

If you have a problem with impulse buying, at least buy items from stores with good return policies. That way, when you get home, you can have some time to come down from the adrenaline rush from buying it. Take a few days before you cut off the tags and try it on again. The comfort of having it in your possession should be enough to appease your need to acquire new things. If you don’t feel as good about the purchase after a few days, you can still return it.


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