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3 Ways to Stop Impulse Shopping

May 29th, 2013 Personal Finance

When was the last time you could look at your bank account statement without cringing? If you just can't help yourself the moment you step into the supermarket or the mall, you might have a spending problem. In turn, this can negatively influence everything from your finances to your marriage.

"It takes some discipline to avoid impulse buying," David Aron, associate professor of marketing at Dominican University, told Bankrate. "Remember, just because it's there doesn't mean you need to buy it."

Impulse shopping is a problem that many people have, but it isn't unsolvable. Here are some tips for spending less money and putting more cash toward savings.

1. Make a list Although it takes some extra time, Bankrate claims that making a quick shopping list before heading to the store can stop you from buying more than you need. These days, it's easier than ever to do so with smartphone apps as well.

2. Go alone How many times have you found yourself buying items that you didn't know were thrown into your cart? When you need to hit the store, FOX News recommends leaving your spouse and kids at home to stay on budget.

3. Stick to cash If credit card debt has become a problem for you, make it a priority to only spend what you have in your wallet. Then, avoid whipping out the plastic to pay for your other expenses. This will help you avoid spending more money than you need to and help you maintain your finances. It might be tough at first, but you'll be happier when you look at your bank account statement!

While some habits can be difficult to break, these three tips can help you adopt a new routine and improve the health of your savings account.