00:18 Avoid any unnecessary stores
00:40 Go to the store less often; buy in bulk; use a list and stick to it!
02:48 Only buy what you can carry
03:31 Bring only enough cash for what’s on your list or your intended purchase
04:15 Throw away/recycle advertisements
04:47 Record television so you can fast forward through advertisements
05:38 Only walk on the store aisles that you need to (map your store route to avoid tempting items)
07:11 Ideas to stop or curb impulse buying online: disconnect payment apps, put payment cards or information far away from purchasing area
07:53 Change how you think about your purchases: opportunity costs, how much you have to work, time trade-offs, alternative purchases (precious metals vs. consumables), etc.
09:38 Don’t look at “frequently bought together” suggestions
10:39 Group your purchases over time (don’t overbuy for free shipping, etc.)
12:57 Only use coupons or “free cash” advertisements to buy things you actually need
13:00 Think about where you’re going to keep items. Do you have room?
13:35 Take 24 hours - Is the purchase an impulse want, or is it a true need? Is there an alternative? Can you repurpose something else? Do you have something you can use instead? Can we make do with what we have already? How much do I have to work for this? What am I giving up? Is my time, effort, and money worth this purchase? Could I use this money for something that is an asset vs. a consumable?
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Favorite Bible Verses:
1 Corinthians 15: 1 - 4
1 Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand;
2 By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain.
3 For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures;
4 And that he was buried, and that he rose again the third day according to the scriptures:
DISCLAIMER: I am not a financial adviser. The videos on this channel are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments, and money moves, are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my financial journey, thoughts, and opinions with no guarantee of gains or losses on investments. Lauren T. Gage is a pseudonym from a very important family member of mine and I hope she is smiling from heaven and watching this journey as well. I'm learning, so any facts or information shouldn't be depended on. Please do your own due diligence and share any corrections with me. Thank you.