How can someone control impulsive spending habits?

Asked Dec 5, 2023· 1 answer
Faisal KhanAnswered Dec 5, 2023

For a lot of people, the following has worked:

  • Leave your wallet at home when going out; take bare minimum cash and a pre-paid debit card with a small amount of funds loaded onto it.
  • When shopping, instill the seven days rule, i.e. you are to wait seven days before buying it. Chances are, the desire will no longer be there to buy.
Financial LiteracyConsumer Payment ProblemsBudgetingSaving
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