Tag Archive for impulsive purchase

Impulsive Spending – Get it Under Control

Impulsive spending can wreck havoc with your budget.  A British survey by the energy company npower, showed that men spend about $41.00 per week on impulse purchases, while women showed a bit more control with spending of $30.00 per week.

An impulsive purchase is a purchase that is unplanned and is often for the purpose of making the buyer feel good.  Usually the purchases end up unwanted or unused.

Even if you fritter away only $25.00 a week, you have wasted $1,300.00 in a year.  What could you do with $1300.00?

Learning to reduce the amount of impulsive spending can make a big difference in your financial future.

Read The Fat Dollar’s article Impulsive Spending – Or How Not to Spend Money