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.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
Its the easiest thing in the world to hit the buy now button.
And thats exactly whyyou shouldnt do it.
Additionally, laptops often have more comprehensive tools for applying discount codes, finding coupons and using cashback websites.
David L. Blain, CFA and chief executive officer atBlueSky Wealth Advisors, highlighted the same.
This can help you find lower prices and make more informed choices, he said.
Youre More Deliberate on a Computer
Another aspect is the psychological effect of the purchasing environment.
This limited view can lead to missing out on important details or better deals available elsewhere.
Blain agreed, saying, Using a phone to make a big purchase is very limiting.
The small screen hides important details and makes it difficult to compare prices from different retailers.
He added that impulse buying is more likely since the limited information leads toless thoughtful decision-making.
For example, a client was about to purchase a $3,000 treadmill on her phone.
After discussing her options, we spent 30 minutes researchingdifferent models and retailerson a laptop, Blain explained.
While convenient, this can encourage impulsive buying.
Shopping on Phones Poses More Security Concerns
Security is another concern, said Shirshikov.
Although mobile payment systems have advanced significantly, he said they still carry risks.
More From GOBankingRates
Share This Article:
