Avoid Emotional Spending

Avoid Emotional Spending. Emotional spending occurs when you buy something you don’t need as a result of feeling stressed out, bored, under-appreciated, incompetent, unhappy, or any number of emotions. There is nothing wrong with purchasing something you like from time-to-time, but avoid getting in debt in order to ease or satisfy an emotion. Ask yourself, what can I do right now to relax myself besides going shopping and making impulse purchases? Learning to recognize and control emotional spending is an important part of being E.I.

Comments are closed.

Latest E.I Facebook Update

E.I. Tip: Save on Food. If you’re hosting a cookout, consider buying the food in bulk at a discount warehouse such as Sam’s Club or Costco. These stores require memberships, but it generally pays for itself after a few trips. If it’s just your family, consider waiting until a few days before the fourth of July, as many grocers slash prices on holiday-related..

1 day ago

News & Events