What Is Impulse Buying? Best Ways to Resist
On February 16, 2025 By newsroom Topic: Saving And Investing Money
What Is Impulse Buying?
- Impulse buying refers to unplanned purchases driven by external triggers like sales, ads, or seeing an item in person or online.
- Example: Adding a candy bar at checkout or buying an air fryer during a Target trip.
Why Do We Impulse Buy?
- Triggered by:
- Sales, discounts, or "lightning deals."
- Seeing items on social media, in stores, or with friends.
- FOMO (fear of missing out) encouraged by apps and deals.
Impulse Buying vs. Compulsive Shopping
- Impulse Buying: Occasional and driven by external factors.
- Compulsive Shopping: Habitual, self-soothing behavior triggered by internal emotions.
- Signs of compulsive shopping:
- Shopping despite debt.
- Harming relationships through spending.
- Accumulating unused items or hiding purchases.
Concerned about compulsive shopping? Seek support from a therapist, financial coach, or support group.
5 Ways to Limit Impulse Buying
- Stick to a List
- Plan purchases ahead.
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If it’s not on the list, wait until tomorrow to reassess.
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Pause Before Buying
- Delay purchase decisions by walking away or waiting 24 hours.
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Often, the desire fades after reflection.
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Remove Online Shopping Convenience
- Avoid saving payment info with retailers.
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Move shopping apps off your phone’s home screen.
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Reflect on Shopping Triggers
- Identify emotional or situational patterns (e.g., late-night Instagram scrolling).
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Use tools like Screen Time or Digital Wellbeing to limit app access.
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Replace Emotional Shopping with Free Activities
- Find non-shopping ways to cope with emotions, like walking, calling a friend, or journaling.
Important:
- Curbing impulse buying is about reflection, intentionality, and self-compassion.
- Understand that “there’s no way to be perfect around money,” so progress is better than perfection.
- Small habits like sticking to a list or pausing purchases can lead to long-term savings and reduced financial stress.
