Who doesn’t love shopping? Especially for girls, going on a shopping spree can be one of the most enjoyable and therapeutic things to do when you’re bored, depressed, or need to update your wardrobe. Unfortunately, in the quest for the best shopping deal, it can be easy to overlook important things–like saving.
If you know the importance of saving and yet cannot resist a purchase when something catches your eye, we got you covered. Here, we share a few tips on how you can save money while still manage to indulge in a little retail therapy.
Clean your closet
If you’re lamenting that you have nothing to wear (and therefore, justify your need to shop) but own a closet full of clothes, then it’s time to roll your sleeves and start cleaning your wardrobe. Donate items you no longer want or wear, or you can also resell it. Not only will you be able to clear out your closet, you can also earn some money which you can set aside for your savings or as payment for your personal loan.
The best thing about shopping online than in stores is that aside from being able to take advantage of discounts and earning cashback, you can also think twice (and some more) about whether the item is something you need or can afford. Unlike shopping in physical store where you can get pressured by salespeople if you’d like to get the item or not, nobody will follow you around and give unsolicited advice when you shop online. You have all the time to decide whether to buy or not. This means you can evaluate if something is a worthy purchase of if the website offers something better.
Open a savings account
If you haven’t opened a savings account yet, now is the time to do so. You can even automate your deposits so that a portion of your paycheck will immediately be transferred to your savings account. This helps you avoid the all-too common scenario of saving only what’s left from your salary.
Don’t buy anything you feel that you have to have
Just because an item is trendy doesn’t mean you should go and buy one yourself. If you’re not really in love with an item or if it doesn’t match your style, then better put it down and look elsewhere. Shopper’s remorse is very real. So only buy the items you know you need and love.
Don’t shop with friends or family
Shopping with friends or family can be fun, but it can also lead you to spending more than you have or need to. It’s easy to fall into careless spending habits when you’re with other people who encourage you try on many different items and convince you that the purchase is worth it. Shopping alone, online or in store, is wiser as it lets you focus on your goal.
Saving when you’re a self-confessed shopaholic can be difficult but it isn’t impossible. With these tips, you can be able to set aside money and still manage to splurge once in a while.