Business
The holiday season is upon us and one of the biggest pitfalls to blowing our budgets is impulse spending! On this episode we explore how stores, whether in person or online, prey upon our tendency make impulsive purchases and what we can do avoid these traps and not overspend! Sponsors: Debt Free Christmas Planner- Every year you have the best intentions about controlling your holiday spending and every year you forget something. That’s why Jen made this FREE Christmas planner to help you record every cost and stay on budget this holiday season. This planner will help you keep track of your spending on family traditions, recipes, dinners and parties, gifts and more to make sure you don’t miss anything. Then use the 2021 planning chart to make sure you’re on track to saving the right amount next year! If this sounds like something you need head to frugalfriendspodcast.com/holiday to get your free planner.2021 - Looking for a year that won’t that won’t bring you widespread panic and global chaos? Try 2021. The holidays signal the end of the year. They actually feel like a year unto themselves so that means 2021 is just around the corner. We hope that brings you joy. 2021, We can’t make any promises but it’s probably going to be better than 2020. Maybe.Notable Notes:What the Internet has to say:This article from Square Up gives us a behind the scenes look at how companies capitalize on impulse shoppers.What Jen + Jill have to say:“impulse buying - not a pre-meditated purchase” Gamify shopping- don’t play the game, eliminate the temptationGive them a deal- stop buying things because they’re on sale!Emphasize self-care- find free ways to care for yourselfGo beyond seasons greeting- businesses want to get more money out of you because it’s cheaper than finding a new customer.More from the Internet:This article from Moneyning provides us with 10 tips to avoid impulse spending over the holidays.BILL OF THE WEEK - Thank you Becky for sharing your bill about Bill Shakespeare!! Your local library program sounds amazing! Also we love libraries too :)If you want to submit your bill of the week visit frugalfriendspodcast.com/bill to leave us a billThis bill was sponsored by PolicyGenius: Shopping for insurance can seem like a daunting task, but Policygenius makes it easy and saves their home & auto customers an average of $1,127 a year. They do the hard work for you by finding the lowest quotes from over 30 top insurers. Head to Policygenius.com right now to get started and make sure you’re getting the best rates on your home and auto insurance.