Are you guilty of online overspending?

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Every time you pick up your phone or turn on your laptop, you’re bombarded with social media ads, shopping apps, and newsletters announcing the latest must-have purchases.

It’s no wonder so many of us spend too much money online.

Speaking to FEMAIL, Ellie Austin-Williams, money coach and founder of This Girl Talks Money and CEO of Wealthify, explained that there are simple steps anyone can take to help curb this habit, leaving you with more money in your pocket. at the end of the month.

Some of them focus on promoting good spending habits, like setting aside some money for treats or asking a friend to hold you accountable to your savings goals.

Others are designed to improve the way you use the Internet, such as creating separate mail folders for newsletters filled with tempting treats.

Here, Ellie shares eight of her most effective tips…

Ellie Austin-Williams, money coach and founder of This Girl Talks Money and CEO of Wealthify, explained that there are simple steps anyone can take to help curb this habit, leaving you with more money in your pocket. at the end of the month. Image bank

Use Pinterest to plan your shopping in advance

Pinterest is a great source of inspiration, whether you’re planning a wedding, researching new recipes, or renovating your home.

But it can also be a valuable tool when planning big budget purchases.

The key is determining what you really need to buy and what you simply “want”.

By focusing on “needs” – at least most of the time – you will soon save money.

By actively designing your interiors or outfits before you shop, you can avoid buying impulse items that don’t fit anywhere in your home and end up being forgotten,” Ellie said.

Put items in your cart…then wait to buy

In the digital age, it’s common for shoppers to add huge amounts of items to their online shopping cart and forget about them.

But it can actually be an advantage, according to Ellie.

Yes, it’s tempting to click through to checkout, but if you can add items to your cart or favorite items and then hit pause to complete another task or watch your favorite show, you can disarm the urge to buy all the items in your basket, she said.

Then, if you still feel like or are thinking about buying, you can always go back to the shopping cart and complete the transaction.

Many people find that they spend a lot of money when they are alone.  But it can be easier to <a class=avoid spending so much when you have someone else, a responsible partner, to make sure you save those pennies. Image bank” class=”blkBorder img-share” style=”max-width:100%” />

Many people find that they spend a lot of money when they are alone. But it can be easier to avoid spending so much when you have someone else, a responsible partner, to make sure you save those pennies. Image bank

Find a friend to hold you accountable

Many people find that they spend a lot of money when they are alone.

But it can be easier to avoid spending so much when you have someone else, a responsible partner, to make sure you save those pennies.

“Whether it’s your best friend or your sister, find someone who finds it hard to say no to shopping as much as you do and hold each other accountable,” Ellie explained.

“Check every other day to encourage each other to avoid impulse buying.”

It’s the same idea as having a gym buddy, proven to make it easier to stick to a workout schedule.

Delineate money for treats

“It may seem strange, but ringing off a set amount of money each month to spend on whatever you want can help you spend less overall,” Ellie explained.

“Similar to dieting, when you limit spending to the extreme, it can ultimately lead to greater insanity, so the key is to give yourself some flexibility.”

So whether it’s a new dress, a mini break, or a girls’ night out, by setting aside a certain amount (and sticking to it!), you know you’ve got a treat. to wait each month.

Reduce your scrolling time

Giving ourselves time to decompress and get out of the house as well as our devices can actually be the key to not spending too much on social media.

Ellie explained: ‘Getting out and disconnecting from the digital world can greatly reduce the urge to splurge, as you are disconnected from the massive publicity we are exposed to on websites, in our inboxes and on social media. social.

“Put your devices away and get more out of the real, physical world.

From crosswords to quizzes to sketches, find yourself an entertaining outlet to distract you from the urge to open another shopping app in your spare time.

Set up an email folder for purchase emails

It’s all too easy to end up with a series of email subscriptions, often to newsletters and alerts from companies offering their latest products.

Once you see them on screen, it can be hard to resist the urge to click “buy now.”

But you don’t need to unsubscribe to avoid these tempting emails, Ellie explained.

“If you don’t want to unsubscribe completely but want to control how much marketing you see, a smart way to reduce the visibility of these emails is to set up automatic filters,” she said.

“This means that emails from specific brands are sent to a separate folder. That way you can dive in as the mood takes you.

Try a “one in, one out” rule

You may have come to the point where your closet, house, or apartment is completely full of items.

If this is the case, it may be wise for you to commit to respecting the “one in, one out” rule.

You might already use this approach when it comes to your wardrobe, but it can work just as well with a subscription service or items for your home.

“A one in, one out rule will force you to figure out if you really want to commit if you have to simultaneously get rid of something to make room,” Ellie said.

“It won’t work for everything, but for discretionary spending, give it a try.”

Have an emergency supply of “fakeaways”

It can be very easy to get used to packing breakfasts, lunches and dinners for convenience

But if you find yourself browsing food delivery apps all the time on your phone, Ellie has a solution for you.

After a busy day, hiring a delivery service might seem like the best option to save time and energy, but it’s rarely the wisest decision for your bank balance.

“Keep a handful of comfort food in the freezer and save yourself the cost (and often disappointment) of a food delivery.”

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