The Impulsive Spender

The Impulsive Spender spends most of their money on impulse- meaning that the purchases were not planned in advance. The purchases made are the result of the item; not a result of the emotions felt with the item. Purchases made may have unique characteristics or have an element of scarcity.

Three Tips To Deal With Spending As An Impulsive Spender

1. Make Sure It’s A Planned Purchase

Impulsive buys are bought ‘on impulse.’ To avoid these purchases, make sure the item you intend to purchase was one you planned on purchasing that day prior to seeing the item

2. Put It On Hold

Make a rule that you have to wait 24 hours before you purchase something. Place the item on hold, and if you still want it and are willing to go back and purchase it than chances are you really want the item

3. Create A ‘Buying Benchmark’

Creating a buying benchmark, or a standard that must be met before you purchase an item. An example of a buying benchmark would be: Love item as is and love the item on me (not just a fashion trend on a mannequin) and will use it now (as opposed to after I lose weight)

The Six Spending Types

The spending habits that I found in my own spending were universal to individuals that struggle with overspending. Through my research I have identified six main Spending Types that account for most of our overspending. Read more about the remaining Spending Types.

Want To Learn How To Deal With Overspending?

Frustrated about overspending? You just need to budget, right? WRONG! Going over budget is not a budget issue—it’s a spending issue. To deal with overspending, you need to deal with the spending habits behind your spending.

Now that you have found your Spending Type, you need to learn how to use that knowledge to curb your spending. Here are your first steps:

  1. Join the Money Makeunder Community to learn HOW to curb your spending
  2. Download Your FREE PDF!

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Hi I’m Mary Ann!

As a wife, a mother and an employee I have learned that it’s not about making more- it’s about doing more with less. I have made it my mission to find all the ways to spend less and share these ideas with you!