6 reasons why you spend so much on vacation
Most people tend to spend more during the holidays. Then, at the end of the holiday season, we’ll often ask ourselves why we’re spending so much. The next step is to promise yourself that by the next holiday season, it will be more rational to use, but “whatever happens”, it becomes a vicious cycle that repeats itself.
Being aware of why we overspend can be the first step towards maintaining a reasonable vacation budget.
1. Excessive pride and expectations
During the holidays, we will often spend time with family – who are difficult to see often due to work and study away from home. It would be a cozy party or get-together without the competitive feelings. Sometimes you’ll have to buy a premium gift for everyone. And that leaves you with a financial deficit.
It can be due to pressure you create yourself or from the condition of the siblings around. However, a gift is something that brings joy to both the recipient and the giver, so there is no need to buy things that are beyond your means. Instead of an overpriced gift, try taking your time to find a less expensive gift that’s really thoughtful and relevant. Or stop caring about the thoughts of those around you (more lasting effect, but harder to implement).
2. Convenience
The convenience of online shopping is a huge advantage for most people, allowing us to shop from our own homes, even at night, in our pajamas. It also makes it easy to overspend, especially when we’re using credit cards. Because some people often do not have the habit of checking their spent bills.
If you shop online, use filters so you can hunt for discount codes and choose the products that really work for you.
3. Shop under the influence
A small but perhaps important problem with online shopping during the holidays is that it can happen (as mentioned above) late at night, during idle days. Perhaps many people have experienced overspending just because it was too boring and then conveniently surfed commercial sites and bought things. Moreover, around the time of rest, we often sleep later and shopping decisions, especially in the middle of the night, are often quite wrong.
4. Shopping psychology
Stores often have a lot of psychological “tricks” that stimulate you to want to “splash money”, spend excessively, especially during the holidays. Everything from price lists to holiday-themed colors encourages you to spend more. Be aware of these tricks and be prepared not to fall for the “money trap – wallet trap”.
5. Overestimated
The holidays are the most appropriate time of the year to gather friends and relatives, have a couple of conversations and delicious meals. It is not difficult to see restaurants from high-end to sidewalks filled with customers during this time. And if we often waste food at other times of the year, it can get worse around the holiday season.
You will probably order a table for 10 people to eat while the number of people participating in the meal is only 5 people. If you can’t be more realistic about what you need, at least have a plan in place for what might be left over.
6. Easy to be “invited” by others to shop
It’s easy to overspend when everyone around you tends to spend more. You can feel lost, sometimes guilty, for not buying anything when everyone else is doing it.
Or that’s justification for overspending. We often tell ourselves that this is a holiday and a time to de-stress with various activities including shopping. Focus on what the holidays really mean (to you) to steer clear of consumerism.
Photo: Synthesis
at Blogtuan.info – Source: Kenh14.Vn – Read the original article here
