How to Resist the Urge to Splurge
We all have the urge to splurge at times.
Many use it as therapy, a dopamine hit or to kill boredom.
There are things you can do to resist spending.
1. Sell Everything You Can
It is amazing how much stuff we have at times and what they will sell for.
Go through your items, start with one thing or one area and go from there.
Make whatever you decide to sell presentable, take good photos and list immediately.
Facebook Marketplace is free to list on and at times, the sales can be fast.
Know the worth of anything you are selling though to ensure you don’t undersell.
For some, seeing how much they have spent on these things is enough to curb the urge, at least for a while.
2. Be Prepared
Plan as best you can to reduce spending.
This goes for meal planning and shopping with a list to reduce groceries through to catching up with friends at a park instead of the shops.
Have a list of activities to do instead of shopping or eating at cafes so you can suggest something when friends want to catch up.
3. Repurposing Or Repairing
Rather than spending money on something new, can you repurpose, repair or refurbish something?
How could you style clothes you have differently?
What if you altered them so they look different?
Look around at the things you can use and fix before buying new and do them.
4. Compare, Compare, Compare
Whenever you are tempted to spend, compare the prices to make sure you get the best price.
Spending the time comparing or knowing things are going to go on sale can sometimes be enough for people to wait or not spend at all.
Do proper research on whatever it is you want to buy including reviews, longevity, prices, all of it.
5. Focus on a Long-Term Goal
Being clear on your goals and keeping them in mind makes it easier to resist spendig.
Put pictures of your real goal up around your home, make your screensavers pictures relevant to this and aim to keep it front of mind.
If you spend now, will you achieve the goal you set out to achieve?
6. Free Entertainment
Look up free entertainment in your area such as festivals, classes, tourist attractions, nature e.g. beaches.
Make a list and start exploring instead of paying for the movies or shopping to entertain yourself.
What tips do you have to reduce spending?
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Great tips – I love stretching those dollars! I’ve given heaps of clothes to charity – I must try and make the extra effort to put them onto ebay next time!
Totally try and sell them. You can always donate what doesn’t sell or choose to donate some of what you make in cash instead.