Article Directory :: Self-Improvement/Motivation Articles The Psychology Of Spending Money By Bobby Buys Republish: EasyPublish™ Published: 01Oct2011 Word count: 444 Viewed: 130 time(s) Get Free Content For Your Site It is often said that shopping is therapeutic, but you can have too much of a good thing. So what is the psychology behind our desire to spend money? Many psychologists believe that those of us with low self-esteem are more likely to purchase things we don't really need. The so-called "urge-to-splurge" that provides a short term euphoric rush can turn to despair when we come to the end of the month and try to juggle our available money against our inevitable bills. By realising that the amount of money you have has no bearing on your worth as a person; you take the first step towards taking control of spending habits. Here are a few vital tips that can help you keep your spending within your limits. Use cash whenever you can Studies have shown that using cash for purchases gives us a more direct relationship with our money. Using credit cards divorces the unpleasant feelings of laying out the money from the pleasure of the purchase. You are more likely to avoid impulse buying when you reach for those banknotes in your wallet. Avoid sales and discounts It may sound crazy to avoid discounted or sales items, but before you rush to grab that bargain, ask yourself whether you would buy the item if it were not on sale. If you really need the item, you can consider the discount as a bonus, but don't let that be the only reason for your purchase. Save up for those items you really need Instead of the instant gratification rush of buying a new TV on instalments, rather save up until you have sufficient funds to pay cash. Not only will you be sure that you can actually afford it, but you'll avoid interest charges. Also you can often get a better deal when paying cash. Before you buy something, it's a good idea to first create a wishlist, instead of making an impulsive purchase. Review your list after 30 days and you may well find that you can actually do without that new item. If you still want it, save up for it until you can afford it. Make a budget Take the time to record your spending for at least a month. At the end of the period, go through your records and you'll often be shocked at where your money has gone. Use your spending history to make a budget for those things you really need. By applying these simple tips, you can control your spending and break the urge-to-splurge habit. Give them a try! bidorbuy.co.za is South Africa's largest online marketplace. Buyers and sellers come to bidorbuy to buy and sell virtually anything in auction format or at fixed prices. Contact details: bidorbuy Marketing Department; email promotion@bidorbuy.co.za, web site www.bidorbuy.co.za EasyPublish™ this article - publishers click here More articles by Bobby Buys

Free Report! Ten Essential Secrets Of Article Marketing ... Grab Your Free Copy Now: We respect your privacy. Need Content? Regular Top Quality Content for your Blog, Ezine or Website ... Delivered Direct, For Free! Click For Details Arts & Entertainment Automotive Business - General Computers & Technology Finance & Investment Food & Drink Health & Fitness Home & Family Internet Marketing/Online Business Legal Pets & Animals Politics & Government Reference & Education Religion & Faith Self-Improvement/Motivation Social Sports & Recreation Travel & Leisure Writing & Speaking

More self-improvement articles:

• Learn About Being A Cancer And How Your Daily Horoscope Reading Can Help You Overcome Challenges (Jordan Canon)
  The ruling planet for Cancer is the moon, and its symbol is the crab. Cancer is loving and friendly in nature. Although they can be conservative and timid individuals, they like to mingle with people that they can trust and get along with. Those born under the Cancer sign are very intimate and sensitive. They love the security of their home.

• Bargain Hunting and Getting What You Want - How the Two Go Hand in Hand (Tony Mase)
  You do it when you head to the car dealership, your neighborhood garage sale, or the local flea market - but can hunting for bargains work in your personal life, too?

• What You Must Do When Relocating To A Different City (Abhishek Raman)
  Moving to another city is not an easy task. However, most people take the decision to move out with the bigger picture in mind. It could be searching for greener pastures, starting afresh, company relocation, or just the need for a change.

• Positive Steps In Dealing With Panic Attacks (Joeden Dunne)
  Dealing with panic attacks should start by getting to know the problem and consulting the most reliable sources of information. Along with the details on the symptoms, it would also be beneficial to discern the proper medical attention that can eventually provide cure for panic attacks.

• Be The Best At Not Being The Best Part 1 (Dr Barnsley Brown)
  Want to make a positive change? Want to be the best? But that's hard! Dr. Barnsley tells you how to be the best at not being the best, a far cry from the usual self-help articles. This "helpful" article is the anti self-help and shows you how to be selfish, annoying, and a failure as a person! The sarcasm is in full swing, folks!

• The Benefits Of Self-Help For Panic Attacks (Joeden Dunne)
  When you try to find some self-help for panic attacks, the choice can be overwhelming, almost to the point of bringing on an attack in itself! Finding relief from this condition is possible by seeking counselling, but it is also entirely possible on your own without the help of a medical or care professional.Read on to find out more.

• Values In Life And Why They Are Important (Michael Griffiths)
  All though out life, we are being educated on the importance of having good values, and how to apply them in everyday living. From birth until our dying days, we learn and acquire values that have positive impacts on our life. A value is a positive mindset - like an unwritten list of things we much keep in our hearts and minds, which will affect everything we do. Here is a list of the 5 most basic values.

• A List Of Fear (Karen Chai Kar Siang)
  Perhaps it has become an undeniable truth that we live in a constant state of fear which could come from almost anywhere. Some people just go by ignoring them because, however life has to go on.

• What Are Your Goals In Life? (Themis Smirneos)
  Goal setting is an invaluable tool to personal development. But, it's not always easy to know what goals to make or how to implement them. This article will go over the basics of goal setting and offer a few tips to help you pick goals that will inspire you in your quest for success in life.

• The Power of Self-Expression (Dr Greg Schreeuwer)
  Learning how to express who we truly are and what we desire in life is paramount to achieving success. Holding back what is important to us, and repressing our deepest visions for our future can only create discomfort in all the areas of our lives. Embracing our uniqueness and sharing that with the world is what can bring true fulfilment, ultimately provide a service to humanity.