How to combat impulsive purchasing

Watch out for impulsive buys

RICHMOND, Va. (WWBT) - The average American is blowing nearly $5,500 a year on stuff they never planned to buy.

Here are your weaknesses according to that research by Groceries that weren’t on your grocery list, clothing, household items, takeout and shoes.

The surprising thing is that 85% of those participating in the survey say their impulse buys were the result of a deal or discount they felt they couldn’t pass up even if the item was never in a budget.

Here’s another stat worth considering, the average consumer has a total balance on their credit cards of nearly $6,500, up 3% from just last year.

If your debt is creeping up, and these impulse buys may have a great deal to do with it, here are some things to keep in mind.

Make yourself wait a day. Do the same with online impulse buys, by putting it in your cart and coming back later.

And if your weakness is at the grocery store, make a list and stick to it.

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