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Personal Finance Information |
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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: Warning: set_time_limit(): Cannot set time limit in safe mode in /home/www/dynamic/uv.ro/personal-finance.uv.ro/public_html/inc/rss.inc on line 8 The Retirement 'Rule of $1 More' Kiplinger Ramit Sethi Reveals A Misconception About Personal Finance: 'There's This Phrase That Drives Me Insane' Yahoo Finance What is a HENRY and are you one? The Detroit News These are the best places to retire in California, according to a new ranking San Francisco Chronicle Column | Five financial lies people should stop telling themselves The Washington Post Videos Make #Paydayroutines Everybody’s Business The New York Times WSJ taps Eisen as personal finance bureau chief Talking Biz News Small-city lawyer, 36, uses multiple corporations to save and invest money The Globe and Mail Personal Finance: FICO meets buy now, pay later Chattanooga Times Free Press New CE: Controlled substances, personal finance, & more American Veterinary Medical Association High schoolers will be required to learn personal finance if lawmakers pass bill Colorado Public Radio The Indie Personal Finance Bestseller List the American Booksellers Association Best high-yield savings interest rates today, July 6, 2025 (best accounts offering 4.3% APY) Yahoo Finance HELOC rates today, July 6, 2025: The interest rate on a home equity line of credit stays the same Yahoo Finance Performing a Personal Financial Health Audit: How Is Your Financial Health? The White Coat Investor How Will Trump’s Big Bill Affect Your Wallet? The New York Times The Carr Report: Trending personal finance stories that hit your pockets New Pittsburgh Courier Bachelorette parties can now cost thousands to attend. Here’s how to keep the madness in check Toronto Star Teaching Personal Finance Through Stories Pays Off — With Interest Stanford Graduate School of Business Your kid is getting a ‘Trump account.’ Should you put your money in it? The Washington Post Ramit Sethi says you need these 9 'money milestones' before 40 if you want to be rich — how many have you hit? Yahoo Finance Should I Borrow Against My $4 Million Stock Portfolio to Fund My Sons' College Expenses? 24/7 Wall St. Personal finance becomes the newest ‘adulting’ lesson for high-schoolers The Washington Post A California woman asked Suze Orman if she’d be responsible for her husband’s credit card debt Yahoo Finance Best high-yield savings interest rates today, July 3, 2025 (top account pays 4.3% APY) Yahoo Finance Personal Finance: Social Security crisis looms Chattanooga Times Free Press Governors Prioritizing Financial Literacy National Governors Association HELOC rates today, July 5, 2025: The home equity line of credit rate remains unchanged Yahoo Finance The State of Personal Finance in America Q1 2025 Ramsey Solutions HELOC rates today, July 4, 2025: Holding steady as prospects dim for a summer interest rate cut Yahoo Finance Personal Finance for Students? Teachers Could Use It, Too Education Week CD rates today, July 4, 2025 Fortune Zikoko to spotlight Nigeria’s personal finance future Business News Nigeria Most high schoolers want to learn about personal finance. Pennsylvania will soon require it. CBS News BHS to implement mandatory personal finance class Brainerd Dispatch AB 2927: Pupil instruction: high school graduation requirements: personal finance. Digital Democracy | CalMatters Want to save money and entertain the kids? Take them to the local library The Globe and Mail Roughly half of Americans are knowledgeable about personal finances Pew Research Center |
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