Having credit cards are great because it allows us to make instant purchases without having to pay for these items immediately.
However, impulsive buyers have the tendency to abuse credit cards.
Once the bills starts pouring in, their overspending cashes them back to reality.
Eventually, they realize that their have to pay for what they have bought.
When you use credit card impulsively, you are inadvertently setting yourself up for costlier payments, more so since you do not have to actually go to a shop to use card.
Impulsive urges can speed up an already mounting debt just by ordering items online or through the phone.
If you want to use your card responsibly, you need to learn how to control your overspending.
Basically, emotions are triggered when you are start your using your card.
Try to pinpoint the cause of your impulsive behaviour.
You need to pay attention to what you feel when you try to use credit cards to make impulse purchases.
Ask yourself these questions, are you trying to impress someone? Are you depressed or angry over something? By paying attention to your emotions, you can help take better control of yourself.
Consider the following tips: One: To curb your impulsive behaviour, try not to buy things at once.
Ideally, create a shopping list each time you shop rather than throwing every appealing items you see on your shopping basket.
Allocate a certain amount of money for any credit card purchases.
On the other hand, if you still want items that you can afford, buy it but do not use credit card, use cash instead.
Two: Do not let everything you see on a store influence how you will spend your money.
Rather, create a plan for all purchases by having a list readied before you shop and avoid all items that are not included on this list.
Do your best to stick to your list.
Three: Know your priorities.
While most people think this is easy, many tend to shift priorities once they see all the attractive items right in front of their eyes.
To remedy, make a list of all the expenses that you should priorities such as household bills, mortgage, car repayments, etc.
Again, stick to your list and remember, do not make any unnecessary credit card purchases.
It is best to pay attention to the thing you need before you focus on things that you want.
Four: In many cases, the reason people make impulsive credit card purchases is that they tend to penny-pinch most of the time.
Instead of treating themselves with little items every once in a while, they do not spend on anything for long periods of time.
Therefore, when they see so many things they want, they go all out.
Though it is bad to overspend, financially starving is just as bad.
So enjoy buying little items you like every occasionally to maintain a relatively healthy finances.
Five: If left with no options, it is time to ask someone you trust to accompany you every time you shop in order to help you control yourself when arrested with too many lovely things to buy.
S/he should be able to stop you from making unplanned purchases as well as prevent you from buying items you cannot afford nor need.