GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Youve had a bad day.
Or maybe a bad week.
Heck, maybe even a bad month.
To take the edge off, youre scrolling on your phone.
More specifically, youre scrolling shopping sites on your phone.
So, you get it.
Or maybe, you get all of them.
You spend money when youre sad.
Or when youre angry.
But all those something extras are adding up, and your credit card statements show it.
The news isnt all bad, though.
There are ways to get back to the sunnier side of personal finance and avoid emotional overspending.
But you might be particularly vulnerable to that mentality because of lessons you learned at a formative age.
No wonder that you learned to self-soothe through shopping.
What kinds of feelings drive you to reach for your credit card?
Are you more likely to spend money when youre sad?
Consider starting a spending journal.
Dont press the purchase button just yet.
Spend some time writing more about your emotions and whether you truly believe the purchase will resolve them.
You just might find that you might talk yourself out of impulse spending.
The 24-hour rule is exactly what it sounds like.
Instead of purchasing the object of your temptation right away, sit on it for 24 hours.
If its still on your mind after 24 hours, then you might really have a need for it.
More From GOBankingRates
Share This Article:
