Cost of ownership

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What is your favorite store? Mine is Home Goods. They have such cute things to make your cozy, neat nook. All these pretty boxes, labels, pillows… I can immediately imagine them in my house. I also imagine that my place starts to look like a design magazine; I already mentally turn the pages…

But then I come back to reality. I have only one medium-sized apartment, and it has just a limited number of walls and “nooks”. I cannot have all these fantastic design ideas implemented.

This thought helps. But what I found more appealing is the concept of Cost of Ownership. Think about it: as soon as you buy a thing, you take responsibility for taking care of it. The responsibility can be small (wipe out dust from a figure) or extensive (purchase insurance for your car), but still, you have it.

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Impulse buying: breaking habit to buy at once (part 2)

In my previous post, I explain how the habit of buying works. If you missed Part 1, I would suggest looking through it to understand the terms from this post.

Change circumstances

The first step to battle a habit is to find its trigger (cue) and contentiously avoid it.

Analyze, what triggers your impulse buying. It can be a logo of your favorite store (BTW, it’s not only about seeing it, but it’s also about thinking of it; there is no difference between the seeing and thinking for your brain), it can be a particular repetitive situation (i.e. you are walking to subway after work passing stores), or you are switching to automatic buying when you are shopping for needed groceries.

Continue reading “Impulse buying: breaking habit to buy at once (part 2)”

Impulse buying: breaking habit to buy at once (part 1)

Yes, we all are guilty in it: coming to a pharmacy to buy milk after work and come out with cosmetics (“I like the color of the eyeliner”), and a couple of chips packages (“I want to finally drop on my sofa and have the TV evening”), and detergent (“Well, I don’t really need it now, but this coupon offered so good deal”), and a couple of gums near cashier (” Eventually I need the gums”)… You know it: I’ve just blown away my planned dining out with my friend and have a batch of unneeded stuff. Or stepping out into luxury clothes store – and buy this awesome black shirt (“It fits me so well“)… Or (for me specific) going to book store: no way I can come out with no purchase…

Then the guilt came. Why on Earth did I decide to buy it? I don’t need the fifth black shirt, I have five of them in my closet!

I have good news: it’s not you, it’s your habit. The habits are widely researched lately, and there are proven methods of changing them. So let’s dig into details.

Continue reading “Impulse buying: breaking habit to buy at once (part 1)”