We often think of spending as a straightforward, logical process—money goes out, and goods or services come in. However, in reality, spending is driven by complex emotional and psychological forces that can lead to bad habits and, ultimately, a lot of debt. Understanding these forces is the first step toward breaking free from the cycle […]
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How Stress-Shopping Might Be Hurting Your Wallet
On more than one occasion, you may find yourself overwhelmed by thoughts about a certain aspect of your life. This is generally referred to as stress. People respond differently to these stressful situations. Others opt to enjoy an outdoor activity like hiking, swimming, or something that engages them to be full, making them loosen up […]
Continue Reading7 Ways to Stop Impulse Buying
Impulse buying can be a very dangerous compulsion. It involves spending money on unnecessary items immediately. There is NO prior planning beforehand, no long or hard thoughts put into the decision. The common theory is that consumers only purchase small items on impulse such as candy, magazines, or snacks. However, recent worrying news is that […]
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