Have you ever gone to a store for one thing but bought extra items you didn't plan for? That’s impulse buying—spending money on things you don’t need just because they look cool.

Why Do We Impulse Buy?
There are lots of reasons why we buy things on impulse, including:
Excitement – We see something new and exciting and want it immediately.
Peer Pressure – Friends have something, and we feel like we should have it too.
Advertising Tricks – Stores use bright colours, fun music, and special deals to make us want to buy more.
Feeling Emotional – Sometimes, when we feel happy or sad, we buy things to make ourselves feel better.
How to Avoid Impulse Buying
Even though impulse buying is common, there are smart ways to avoid it and save money for things that matter!
1. Make a Shopping List
Before going to a store, write down what you actually need. Stick to your list and avoid buying anything that isn’t on it.
2. Ask Yourself Questions
Before buying something, stop and ask:
Do I really need this?
Can I wait and buy it later?
Do I already have something similar at home?
3. Set a Budget
Give yourself a spending limit when shopping. If you have only a certain amount to spend, you’ll be more careful about what you buy.
4. Wait Before You Buy
If you see something you really want, wait for a day or two. Often, you’ll realize you don’t need it after all.
5. Don’t Shop When You’re Hungry or Bored
Hunger and boredom can make us buy things we don’t need. Eat before you go shopping and only shop when you really need something.
6. Think About Your Savings Goals
Remember the things you are saving money for, like a cool gadget, a fun trip, or a big goal. Keeping your goal in mind will help you avoid spending on small, unnecessary things.
7. Bring Only the Money You Need
If you carry less money, you won’t be able to spend more than planned. This helps you stay on track.

The Benefits of Avoiding Impulse Buying
When you stop impulse buying, you can:
Save more money for important things.
Make better choices about what you buy.
Feel proud of being responsible with your money.
By learning to control impulse buying, you can become a smart shopper and reach your savings goals faster!
Understanding Needs vs. Wants
Join us at Smartmonies to learn the difference between needs and wants. Mastering this helps you make smart financial choices, avoid impulse buying, and stay on track with your savings goals.
Book your lesson today and help your child begin building essential financial skills! Get £10 off with the code SMARTSAVER
Comments