How To Stick To Your Budget While Shopping
A lot of us go through this kind of high-above budget expenses and we don't realize how deep it is eating our pockets till we have nothing left.
I have a cousin who goes to the market, store or mall- especially the mall, with a short list and comes home with more items that were on her list. You think this is normal, its nothing serious maybe just a moment that will eventually pass. It will pass but it will leave you broke. She finally got broke and salary wasn’t due till 17days later. She had to survive- try to manage herself and try to fit into her overly tight pocket.
So she calls me up one morning and spoke to me in the most airy voice, she wanted to know how I have managed to stick to my budget.
I told her it wasn’t magic- you just have to understand that you cannot afford to lead the kind of lifestyle you want at the moment.
A lot of us go through this kind of high-above budget expenses and we don’t realize how deep it is eating our pockets till we have nothing left.
There are really no special way to stick to your budget, it simply requires your effort and commitment.
1. Always make a list. Your mum makes a market list and you think she is being ridiculously old school? She is very much woke.
Before you run your shopping errands, make a list of everything you plan on buying. The rule is that you’re not allowed to buy anything unless it’s already on your list. It’ll help keep your impulse shopping to a minimum.
An appropriate list will also help you calculate how much you’d need to take with you. For instance if the items on your list adds up to $50, then you will only need to take out $50 for the shopping. Except in cases you don’t know the exact price, you can take an additional $20.
2. Don’t shop with your credit card. That would just be financial suicide. A credit card is like an evil motivation to shop for more even though they’re not on your list. When you go to the mall with the exact $50 you need, there would be no need for shopping off of your market list. But when you have your credit card, you find out that the tendency to shop extra is high.
3. Comparison Shop. Don’t be a sucker when you see a price tag. For instance, if you want a new pair of sneakers, don’t buy it right away. Call around to the shops and wholesale retailers in your area to see who has the cheapest price, and check online at sites like Amazon and Jumia. You can also ask your reliable friends, not the friends that go on shopping spree always and isn’t looking for tips to cut down shopping expenses.
4. When it Comes to Clothes, Just Buy the Basics. You’ll get more mileage out of a plain black sweater (even if it costs more) than an ’80’s-style hot pink one. Before you buy a clothing item or shoes, ask yourself how often you’ll actually wear it. Chances are, you’re better off with a smaller number of basic pieces that you can layer and accessorize to make them unique.
5. Try Not to Shop When You’re Bored. The silliest purchases happen when you probably shouldn’t have been shopping in the first place. If you and your friends are bored and looking for something to do, don’t automatically run to the mall or supermarket. Find something else to do other than shopping for items you don’t even need.