Advertising
Advertising

4 Ways You Can Shop Without Spending Any Money

4 Ways You Can Shop Without Spending Any Money

Everywhere we turn, we are surrounded by advertisements telling us that our happiness lies within the product they sell. However, numerous consumer studies have shown that the stuff we buy often fails to deliver on that guarantee. Regardless, we find ourselves caught in an infinite cycle of longing and purchasing, constantly searching for the items that, if the price is right, will bring us absolute joy.

Retail therapy isn’t all it’s cut out to be though. It turns out that happiness lies in the desire for stuff and the journey it takes to acquire it, but wanes after the actual acquisition.

The novelty of new purchases wears off over time whereas the happiness derived from experiences lasts much longer. Why should we continue to spend money on all this stuff if it’s not improving the overall quality of our lives?

While we may be able to provide anecdotal evidence to support the claim that shopping does make us happier, that pleasure is unfortunately short-lived. Take a moment to scope out your recent purchases around your house and ask yourself how much of that still ignites a feeling of excitement and joy.

Whether or not the fact that shopping doesn’t make us any happier is news to you, we are well aware of the financial implications of our shopping habits. Money spent on items that don’t improve our quality of life can be money spent to pay down overbearing debt or put into savings to pay for experiences like vacations or hobbies – purchases that do retain their value in happiness over time.

Advertising

Even when we realize that ongoing joy can’t be found at the bottom of a shopping bag, we still get that yearning to head out to the stores. The next time you get the urge to spend money at the expense of your financial goals, harness that desire and try these four ways to hack the exhilaration of shopping without actually spending any money:

1. Go shopping in your closet.

Start by organizing your closets and cabinets. As daunting as this sounds, going through the clutter and purging what you don’t want will bring new life to the stuff you choose to keep.

Rather than shopping for additions, shop for items you can get rid of. You can do this with clothing, accessories, kitchen gadgets, food pantries, book collections and even knick-knacks around your house.

Get rid of the stuff you don’t need or enjoy and organize the stuff you choose to keep. Make a shopping list of any things you need or want to replace and try the following ideas before you commit to a new purchase.

2. Browse and share on social media.

Next time you get the urge to make a purchase, reach for your camera phone instead of your wallet. You don’t need to own a pair of shoes to take a picture and post it to Instagram.

Advertising

The “likes” you receive on a picture is a great substitution for the compliments you would receive if your purchased and wore the shoes in person.

When you stumble upon something that looks really neat but for which you can’t find any immediate use, snap a picture and upload it for your followers to check out. You’ll be much happier knowing it exists rather than as a line item on your credit card statement.

3. Assemble vision boards on Pinterest.

Pinterest satisfies the craving to browse a store without physically stepping into one. You can search for a specific item within Pinterest or peruse the “aisles” of the internet and pin images externally.

Viewing the images of your shopping pursuit through the Pinterest lens keeps you from making impulse purchases as you would while wandering around a physical store.

Rather than adding an item to your online shopping cart, pin the image of the item to a Pinterest board. Keep all of your online shopping on the same board.

Advertising

By viewing everything lumped together, rather than as categorized items, you’ll be able to weed out the purchases that aren’t worth your hard-earned money. You can even create a board called “Stuff Not Purchased” later and celebrate all the money you have saved.

Who knows – maybe you’ll even find some inspiration to DIY the items you are searching for!

4. Throw a swap party!

A swap party is an economical and eco-friendly spin on social events. Rather than heading out to the mall with your friends, invite them over with instructions to bring a fixed amount of items they no longer want.

You can stick with just clothing and accessories or include kitchen gadgets and knick-knacks. You can trade, barter or donate to friends while snagging new additions for yourself without spending a dollar.

Remember, someone’s trash might be another person’s treasure! And once the party is over, you can donate anything you were unable to hand off.

Advertising

By focusing on the present and carefully considering the fixations of your desires before you pay for them, your pursuit of financial freedom will not be obstructed by material possessions. Focus on the doing, not the having, and always consider what experience you can buy at the expense of another object.

By using the tips above, you might even enjoy the whole process.

Featured photo credit: Girl Pointing At Sky/StokPic via stokpic.com

More by this author

4 Ways You Can Shop Without Spending Any Money Products With Crazy-High Markups You Need To Know About

Trending in Budget Activity

1 6 Easy Ways to Treat Yourself 2 7 Websites to Sell Used Stuff Profitably 3 Seven Tips to Save Money While Renovating Your Home 4 4 Ways to Make Every Penny Stretch in 2017 5 Getting Out of Debt in 4 Simple Steps

Read Next

Advertising
Advertising

Published on November 20, 2018

The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

Why Your Past Prevents You from Saving Money

Are you constantly thinking about your financial mistakes?

If so, these thoughts are holding you back from saving.

I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

Advertising

How to Effortlessly Track Your Spending

Stop manually tracking your spending.

Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

The Truth on Why You Keep Failing

Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

Advertising

Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

  1. Save more than 50% of your available money (after expenses)
  2. Only buy nice things after saving
  3. Automate your savings with automatic bank transfers

These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

How to Foolproof Yourself out of Debt

Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

So how can you separate yourself from the 60%?

By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

Advertising

Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

A Proven Formula to Skyrocket Your Savings

Having proven systems in place to help you save more is important, but they’re not the best way to save money.

You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

Advertising

Transform Yourself into a Saving Money Machine

Saving money isn’t complicated but it’s one of the hardest things you’ll do.

By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

What are you waiting for? Go and start saving money, the sky is your limit.

Featured photo credit: rawpixel via unsplash.com

Reference

Read Next