Want to stop impulse buying and save more money? Try the 24-hour rule before making an unplanned, non-essential purchase.
This simple personal finance habit for beginners gives the impulse time to fade, helps prevent overspending and makes it easier to follow your budget. If you still want the item after 24 hours, and it fits your budget, you can make a more intentional decision without feeling deprived.
Watch the full lesson, “How to Stop Buying Things You Don’t Need,” through the related video.
Beginner’s Personal Finance shares simple lessons about how to budget your money, build savings, pay off debt and make confident financial decisions.
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