Online shopping is easier than ever these days. Targeted and sponsored ads know exactly what we want and where and when we want it; handing over our money is easier (and less tangible) than ever; And we can even do it from the comfort of our own couch. No wonder many of us have even become addicted to online shopping.
Recognize there is an issue
Do you recognize yourself in any of these?
- You spend too much time thinking about or doing online shopping
- Feel anxious you’ll miss a deal
- You frequently exceed your budget, buy impulsively (without planning), and spend on things you don’t really need
- Have rising (credit card) debt and are living beyond your means
- Feel guilty about your purchases
- Argue about your purchases
- Hide your purchases (maybe even have a secret credit card for your purchases)
- Are running out of space for your purchases
- Feel anxious when you’re not able to buy online
- Feel like you can’t stop
Facing this is not easy and may make you feel anxious and guilty, but let that guilt go. Nobody is perfect and each of us has areas we need to work on. Recognize that you are learning from your mistakes, are showing courage and taking steps to course-correct going forward.
RELATED: How to pay off your debt.
Put the stoppers on
Remove all your saved and pre-loaded credit card information. Do it quickly and without distractions. Think: Band aid.
RELATED: 20 frugal habits that will make you a millionaire.
Put the (right) blinders on
There are a tonne of free and paid apps and web browser extensions that will block ads so you aren’t tempted to make a snap purchase and get sucked back into the vortex. Look for one that works for your browser and device.
YOU MAY ALSO LIKE: Millennial spending habits: Where are millennials bleeding their money?
Unsubscribe, unsubscribe, unsubscribe
Take stock and declutter
RELATED: How much Marie Kondo’s tidying up empire is worth.
Make yourself wait
YOU MAY ALSO LIKE: Salary benchmarking: how much you should be earning in Canada.
Seek other ways to stay busy
RELATED: Financial mistakes Canadians make and how to come back from them.
Track your spending
YOU MAY ALSO LIKE: Where Canadians spend the most money.
Save for what you really want
RELATED: 20 money-saving tips for people who struggle with saving.