Impulse Buying: Why You Should Take a Lap - Money Tip Tuesday

<p style="text-align:left;">We’ve all made impulsive purchases before! Impulsive buying is purchasing something that you have not planned to buy before that moment—it can be as small as a pack of gum in the grocery store checkout or as big as a new car when you were “just looking.”  </p> <p style="text-align:left;">Links: </p> <ul style="text-align:left;"><li>Check out our other episode <a href='https://trianglecu.podbean.com/e/ways-to-avoid-impulse-purchasing-money-tip-tuesday/'>Ways to Avoid Impulse Purchasing</a></li> <li>Follow our <a href='https://www.facebook.com/pg/MakingMoneyPersonalPodcast/posts/?ref=page_internal'>Facebook</a>, <a href='https://www.instagram.com/makingmoneypersonal/'>Instagram</a> and <a href='https://twitter.com/TCUpodcastMMP'>Twitter</a> pages!</li> <li>Learn more about <a href='https://www.trianglecu.org/home/home'>Triangle Credit Union</a></li> </ul> <p style="text-align:left;">Transcript:</p> <p style="text-align:left;">Welcome to Money Tip Tuesday from the Making Money Personal podcast. </p> <p style="text-align:left;">During the holiday season, one in three purchases are made on impulse and we admit that buying something impulsively can be exciting in the moment, but it’s the buyer’s remorse that catches up with us after the fact.  </p> <p style="text-align:left;">Picture this: you’re starting your holiday shopping at the mall and on your way to the specific store when you pass a kiosk that has recently been set up for the holiday season. You stop for a minute to glance at the different items displayed before you. The items are not something you’ve seen before but the price tag is much higher than you want to spend.  </p> <p style="text-align:left;">The shop owner sees that you are considering buying something but senses your hesitation. They offer you a discount that seems too good to pass up! What do you do? </p> <p style="text-align:left;">You may be urged to make a purchase but the smart thing to do is take a lap! </p> <p style="text-align:left;">If you’re tempted to make a