I have a problem with impulsive buying, and it’s starting to affect my budget. It gets worse when I visit convenience stores. Every time I step into one, I walk out with snacks and treats, even when I’m not hungry. I had been a big fan of Digimon as a kid, so I often buy Digimon-themed bread and snacks purely out of nostalgia.
I know you always make wise decisions. Could you share some advice on how to refrain from impulse buying? I look forward to hearing from you soon.
Best regards,
Bentley
Dear Bentley, It’s great that you are trying to make a change.
One approach that might be helpful is to set a limit on how much you can spend on non-essential items each month. Doing this will enable you to prioritize your expenses and make more conscious decisions.
Another helpful technique is to wait for a specific period. Before purchasing anything, give yourself a cooling-off period by stepping away from the item you’re considering and waiting for at least 24 hours. Quite often, the urge to buy diminishes over time.
I hope you will regain control of your budget.
Warm regards,
Rosie
1. Where does Bentley tend to make impulsive purchases?
2. What advice does Rosie give Bentley to refrain from impulse buying?
3. What is the overall goal for Bentley in regards to his budget?
1. Have you ever experienced impulsive buying? If so, can you share an example and how it affected your budget?
2. Do you think convenience stores are designed to encourage impulsive buying? Why or why not?
3. Apart from the suggestions mentioned by Rosie, what other strategies do you think could help someone refrain from impulse buying?
4. How do you think impulse buying can impact a person's financial well-being in the long run?
Dear Rosie,
