Why Impulse Shopping Is The Silent Killer To Your Goals
And how I have learned to spend consciously.
I’m a shopaholic. Not the type you see in the movies though — a woman carrying loads of bags after a day out in the mall. That hasn’t happened in years.
Rather, I love to shop online. I like to research good developmental and educational toys I could potentially buy for my son, and I love looking at the different products and comparing them. I don’t spend much at a time and thus, I don’t even consider it real shopping.
My husband rolls his eyes every time a package arrives. What has Sylvia bought now?
If only he knew how many orders I don’t make — but we’ll get to that later.
My purchases are mostly small. But I spent nearly £150 on Amazon goods just in March. And I have virtually nothing to show for it because all the purchases are tiny — a Kindle download, a new phone case, a summer hat for my son, etc.
But what does this have to do with my goals?
Well, firstly, one of my goals is to gain financial freedom and create a passive income through investing in stocks, and eventually property. It’s a long-term goal that, like every goal, is made up of very small steps. That £150 could’ve been invested.