If you would like a few tips to get a hold of your heart and let your head do the ruling when it comes to your finances, here are some things to think about:
• Start small and work your way up. You’re not going to change habits of a lifetime overnight. Work out what you can reasonable afford to save each month and how to use these savings to meet your financial goals. This could be reducing your debt, transferring money to a savings account or even making investments, these are but a few options available to you. Even if you start small, you may find it can build up quickly and help ensure you have savings for a rainy day. If in doubt, you should always seek independent advice.
• Make saving money a fun game for yourself (yes, it is possible!). Instead of spending on whatever you feel like, see how little you can spend and still have a good time. Set challenges for yourself to get as many freebies as possible and discounts on things you usually buy. Get friends involved too so that you can save even more as a team.
• Sleep on it. Give yourself 24 hours to really consider your purchase, weighing up the pros and cons of having the item you really want and spending the money. If you wake up and are still desperate to hit the shops, run it past your friends or a family member as they may be able to provide some sound advice