How to Stop Online Shopping Addiction from Ruining Your Life
They say that money can’t buy happiness. Whoever said this must not know where to shop, right? Kidding aside. While online shopping can make you happy, too much of it can be bad for you. American business tycoon Warren Buffet once said: “If you buy things you do not need, you will soon sell things you need.”
While it’s hard to ignore hot deals online, developing a compulsive habit of purchasing items one after another can lead to undesirable situations. It could drag you to a huge pile of debt, or worse, ruin your personal relationships.
Don’t be an online shopaholic. Turn on a new leaf and stop the addiction with these easy ways:
- Always ask yourself “Do I need this?”
Needs and wants are different things. Do not confuse the two. Think about what Buffet said and picture this—say, you spent a hundred thousand on online shopping and get sick one day. Your doctor tells you that you need surgery, which costs… you guessed it – a hundred thousand.
You might think, I can sell everything I bought to pay for it. Well, yes and no. You could, but you still might fall short because items depreciate.
- Sleep on it
Research shows sleeping can declutter your mind. Before making any purchase, try sleeping on it first. You might be surprised how much would-be purchases would turn out to be a spur of the moment.
- Unsubscribe from promotional emails
Promotional emails are designed to lead you back to the website. Marketers study the science behind email marketing. Everything, from the email subject to the main content, is done with precision.
Eliminate the temptation to go through e-commerce sites by unsubscribing from their mailing list. Out of sight, out of mind.
- Set a budget
Everyone deserves a reward for a job well done even if you are trying to break the addiction of being an online shopaholic. It does not mean you do not get the chance to splurge (with control) on a thing or two when you reach a milestone. The key to staying on track is discipline. Work out a budget and stick with it.
- Limit credit cards
Minimize how many credit cards you have and try to use only one for personal expenses. Having a designated card can help you monitor your usage and keep track of your spending.
- Set a time limit
Who doesn’t enjoy online shopping? While it is convenient and easy, being financially comfortable is quite better. If you must visit online shopping website, set a time limit that’s enough for you to find the things you need.
- Invest in your future
Online shopping never ends. You purchase an item today and then something better comes out tomorrow. It is a cycle that leaves you always wanting more.
Instead of spending on temporary satisfaction, invest in financial security. You can purchase stocks or insurance plans, or even save up for a business. Spend your money wisely.
- Develop new hobbies
New hobbies can help you veer away from aimlessly browsing through the realm of the World Wide Web. It cuts down the time you have sitting around and going through one page after another on online shopping sites. Pick out a hobby that keeps you active and engaged—one that’s far from boredom.
Online shopping is not a bad thing. Just do it in moderation. If you are itching to find great deals online that will not cost you an arm and a leg, check out the PawnHero marketplace for pre-loved items that can help you save a ton!