[Music] hey you guys so recent data is finding that fewer people are shopping in store than they were just 20 years ago but studies are also finding that consumers are spending more money than ever before so how can both of these things be true well that's what we're going to talk about today and stay tuned because I'm also sharing five tips to keep you under budget While most of the country is falling for all these consumer traps and before we get started make sure to hit that subscribe button on this channel so you don't miss a future episode new data from the Bureau of Labor Statistics says that stores are seeing significantly less traffic than just a few decades ago but the price of daily Essentials has gone up and we all know this cuz we're feeling the pain right just cuz we're not inperson shopping even if we're doing it online man things are getting more and more expensive and the reason that both of these things are true at the same time is because online shopping has just taken over right I mean we don't go into actual stores anymore cuz it's all at our fingertips I mean literally from from Amazon to instacart to online bills and baking I mean we are spending hundreds every single week without even leaving our house I mean it is wild how much you can do how much shopping how much buying just your phone I'm like even our pizza our pizza place has an app so it's like you hit the app you hit B pay you pay it with a literally two two hits of a button and then it shows up I mean it's just it is wild how easy it is to spend how convenient it is in one way but that usually means we are overspending but again knowing all of this just just think back right to to your childhood I mean I go back to like sophomore year you know it's 2003 you're wearing your knockoff birken socks your flared khakis your ABAC cromi hoodie you got your BFF you're going to the mall you just use your cheese straightener uh you know you're going to go buy a a phone case over your Nokia phone uh you got your you know your North Face jacket on that you got for Christmas I mean all of it you got about 15 20 bucks or can go to Claire's call it a day you'll get a anan's pretzel from the kiosk I'm like that's what we did like that was it going to Hollister can't breathe can't see but that is that is where we lived I mean it's just it's it there wasn't much to it you know and you got to got a little bit of money you go and spend it and then you leave but now man those days are gone it kind of makes me sad it really does going back to those days would make me happy but again nowadays it's not just 15 20 bucks when you're online you see it all it's all right there stuff you never would have known existed but there it is on your phone and that is why it makes it so easy to overspend is the knowledge of all this that is out there and the convenience I of spending so quickly now I have some ideas on how to protect ourselves from that risk but first I do want to share with you another way to protect yourself online and that is with our sponsor delete me I saw a headline recently that really caught my attention that onethird of the US population's background info is now public so for 115 million of us data breaches mean that our info is out there for anyone to find and again this is our names our addresses our phone numbers I mean so much and this is why I love delete me because they find and remove your information from hundreds of data broker websites that go and they buy they sell and they trade your personal data that is what these data broker websites do and delete me goes and takes your data off of these online platforms so they really let you be in control of your online privacy which is why I love delete me and individual delete me plans start as low as $9 a month so sign up today at join delet me.com Rachel for 20% off or click the link in the description all right here are five ways that you can stop yourself from going over budgets with the wrong click of your smartphone and spoiler alerts number five is the most important all right number one is to add to cart and weight I say this a lot but I think this is really a great tip because if you're in a shopping mood like yeah be in it it's that's fine right like go and enjoy click click click click click but don't buy let your emotions die down go back a day or two later and usually when you go back and look through the cart you're like oh yeah I really don't need that didn't need that didn't need that didn't need that it's just amazing letting time between you and the purchase can save you money number two keep an intentional list of all your needs so think about like paper towels maybe you have to buy a plane ticket next month um cuz you're going out of town you know whatever is is happening in your life just make a list for it don't feel like you have to go buy it right that instant and then let that list guide you so whether it's like once a week go and check it and be like okay what do I really need right now and and let that be your guide versus this instant idea of like oh my gosh I have to buy something and buy it right now the third is to make sure that you have money set aside in the budget so always be using cash if you are not budgeting you guys you have to do this because this is giving you the guard rails and really the boundaries around spending your money and it helps you spend and peace so you can actually create a budget for free with every dollar so I will leave the link in the description so make sure to check that out right number four is to check your motivation when you're buying stuff why are you buying it are you doing it because you're bored maybe because you're sad maybe because you think like okay this will fulfill me this will bring me happiness or joy like when you know your motivation behind something it can make you second question you know second guess your purchase and I think it's really healthy to do is to stop and ask why one question I always ask is if nobody sees this purchase do I still want it so again it's getting your motivation in the right spot number five is to create friction so those other four items on the list should accomplish this but again adding time adding different steps to slow down the process is going to help you so I really resist creating online accounts on stores that I love because if so you can just log in and everything is built in you know they know what you like all your info and your address and all of it is there so like you can buy so much faster where instead maybe you go on a website shop wait a little bit see if you really want it a day later and if you do still go through the actual buying process of like entering your address or entering in your debit card information so again putting some time and friction in place is really really key so when it comes to spending money the landscape will always be changing and your job is to adapt and to keep your habits in check no matter what technology or what trends are out there so if you have fallen behind a little bit in this area don't worry you're not alone but get back on track and check out my 24hour money finder I'm so excited about this because this is going to help you find some money in 24 hours this has been really successful for people because it's making you kind of think outside the box check a couple of things and again hopefully find some great margin now overspending and all of this it's really sneaky so make sure that you're not falling for any of these subtle scam fils uh or these ways that really you know marketing tactics that make you want to buy and shop for more so if that might be you make sure to check out my episode on signs that you're addicted to shopping with Dr John delone that's next or if you're listening on podcasts click the link below all right you guys make sure to share this episode with a friend who may love to shop cuz listen we love a good shopping buddy and remember to take control of your money and create a life you love
