• Home Equity Loan   • Home Refinance Loan   • Home Purchase Loan   • Second Mortgage Loan   • Debt Consolidation Loan
Home Equity Loan Store «A website where you can find the lowest interest rates on home loans with absolutely free quotes from multiple lenders»
::

How You Feel Affects How You Shop & How Much You Spend


Have you ever stopped to think about how your "mood" affects the way you shop, not to mention the amount you spend? Think about it.

If you want to save a lot of money, avoid shopping whenever you are in one of these moods:

DEPRESSED, UPSET, or ANGRY

It's very dangerous for your pocketbook to shop when you're either depressed, upset or angry. Why?

Many people find that shopping takes their mind away from their problems. In fact, it probably does. But how much does it cost you?

Not only does shopping not solve your problems, but you will also spend money that you did not originally intend to spend.

When you're not feeling "well", instead of shopping, do something where you do not have to spend money. Go to a park. Check out the local library. Go on a nice jog or bike ride.

Remember that if you HAVE to get out of the house, plan an activity where you do not have to spend money. You'll feel much better about this decision after you have cooled down (or cheered up). :-)

Envy Shopping

Sounds terrible doesn't it, but you'd be surprised to learn how many of us purchase quite a number of items out of envy.

Does a friend have a "cool" $600 leather jacket that you want? Have a cousin who drives a flashy sports car?

Who cares!!

That doesn't mean you have to spend all your hard earned money to compete with them. Buy what you want, when you want, and not because someone else has it.

Sale Shopper

Unless you actually need or want to shop for certain products, don't go to store "sales".

Even though sales provide you with some lower prices, most of the time, shoppers end up spending more money than they intended to.

This is the purpose of sales. A store lowers their prices, announces and advertises a big sale, then hoards of people arrive. People come to the sale, and generally spend much more money on merchandise they really don't need.

Be a smart shopper. If you find something at a sale that you really need, go ahead and buy it. When you start piling your cart full of stuff you really don't need, remember this article!

Plan a Shopping Budget

If you plan a monthly shopping budget, you'll find that you will become more "picky" about what you buy. Why you ask?

You don't want to spend your budget on useless items, right? Having a shopping budget will force yourself to answer the most important question: Do I really need this?

If you know the answer to this question, then you will know whether to buy or not. Moral of the story: Plan yourself a shopping budget, don't spend it when you're upset, and ask yourself the question: Do I really need this?

This will help minimize the unnecessary purchase that we all make from time to time.

Gregory Thomas has been writing effective money-saving tips for SavingSecrets.com for over six years. Hop on over and you'll find FREE money-saving articles, a monthly newsletter, and even a FREE Ebook download just for stopping by! http://www.SavingSecrets.com


MORE RESOURCES:

More Personal Finance Daily stories
MarketWatch - 14 hours ago
"A good contrarian, though, will note that just when things look darkest is where we usually find the turning point." We're just getting started. ...


Mutual Funds & Personal Finance
Investor's Business Daily (subscription) - 15 hours ago
BY PAUL KATZEFF In a troubled market, the defensive consumer staples sector has outperformed all others. That's boosted Fidelity Select Consumer Staples ...


Yodlee(R) Announces Availability of Over 11000 Financial Data Sources
MarketWatch - Nov 18, 2008
The Yodlee Data Engine powers Yodlee's most recent innovations, including Yodlee PersonalFinance(TM), (the industry leading personal finance management ...


MONEY MAIL - BEST FOR PERSONAL FINANCE
Daily Mail, UK - 7 hours ago
Money Mail has won a high-profile award for its unsurpassed coverage of personal finance. The Daily Mail was named newspaper of the year at the Personal ...


Personal finance: Adding insult to injury, here come capital gains
Fort Worth Star Telegram, TX - Nov 15, 2008
AP Mutual-fund investors reeling from losses in the stock market may face another hit next month: capital gains tax liabilities on their sinking funds. ...


New Zealand Herald

Business writer David Chaplin blogs on personal finance
New Zealand Herald, New Zealand - Nov 17, 2008
I was at a conference last week where a woman stood up and blamed the press for creating the global financial crisis (or "the GFC" as insiders now refer to ...


Personal Finance: Payroll deduction is convenient way to get coverage
The Daily Advertiser, LA - Nov 17, 2008
A reflection of the changing economy of the last decade can be found in the changing attitudes many people have toward life insurance. ...


Personal Finance Roundup
The Consumerist, NY - Nov 17, 2008
By freemoneyfinance , 4:22 PM on Mon Nov 17 2008, 18 views 4 Common Resume Blunders [Yahoo Hotjobs] "Keep yourself in the running by avoiding these resume ...


Yodlee supports over 11, 000 financial data sources
Ecommerce Journal, MA - 11 hours ago
It powers Yodlee recent innovations that includes Yodlee PersonalFinance (the industry leading personal finance management solution) and Yodlee PayItAll ...


Personal Finance: The importance of savings
Business Mirror, Philippines - Nov 16, 2008
The global financial crisis has hit hard consumers in many countries. In the US, retail sales fell for a fourth-straight month in October, ...

Personal-Finance - Google News

Home Equity Loan | Home Refinance Loan | Home Purchase Loan | Second Mortgage Loan | Home Improvement Loan | Debt Consolidation Loan | Loans | Leases & Leasing | Personal Finance | Mortgage Refinance | Debt Consolidation | Debt Relief | Finance Resources
© 2006 Home Equity Loan Store | Personal Finance Information | Personal Finance Articles