Find out how to recognize when impulse shopping is a problem, what to do about it, and how you can manage growing debt.
Lured by convenience, free shipping offers, flash sales, deal sites, or coupons, millions of American fall prey to the world of online shopping. The beauty of this routine lies in its accessibility — all you need is a credit or debit card and a Web browser. But it’s easy for this occasional habit to turn into a binge or a full-fledged addiction. Financial experts Nicole Lapin and Farnoosh Torabi share how to recognize when impulse shopping is a problem, what to do about it, and how you can manage growing debt.
Unsubscribe from Promotional Emails
When you’re ready to take control of your unhealthy spending habits, Lapin says the first step to take is to unsubscribe from sale alerts, discount roundups, or newsletters. Remember, moving emails to the trash or marking them as spam isn’t enough because you can still see them, so stick to the “out of sight, out of mind” strategy. If you don’t know what’s on sale, you won’t feel as compelled to act on it.