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Impulsive Buying

As a student, I still receive ample allowance from my parents, plus the so-so salary I get from my online part-time job. Also on some occasions, I get to have freebies from my aunts and uncles, even cousins who are already part of the labor force. Moreover, I don’t spend a lot on other stuff except on books and food. These two are the main reasons as to why I don’t have any savings at all.

I used to have a reign in my expenses, and I was someone who saved a lot for emergency purposes. I even had a couple of piggy banks, and my mom opened a bank account for me to deposit my savings and not touch it unless important. But gradually, especially when I stepped into college, things have drastically changed. I tried saving most of the time, but when weekend came, I’d splurge out on food trips and books – impulsive buying. If the protagonist in Confessions of a Shopaholic couldn’t seem to say “NO” to the beguiling array of cloths and accessories; I, on the other hand, couldn’t say “NO” to the books and delicious-looking dishes. Then by Monday, I’d whine to one of my best friends how broke I felt.

But what woke me up was when one of my classmates broke down in class, crying that she wouldn’t be able to take the exams because her parents couldn’t send her any. I also heard that she was living off on noodles and bread for the past week because of the same reason above.

It was as if I was slapped hard, and then and there, I realized again the value of money. I’m not saying that I won’t buy books and treat myself to sumptuous dinners anymore, because that would be hypocrisy. But ever since that day, I learned to practice delaying gratification and to save little by little.

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Posted on March 20th, 2014 by MacFleet

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