Television is definitely a source of shopping inspiration. Advertising unfortunately stimulates and ignites cravings and needs and pushes us to purchase items that are perhaps unnecessary or otherwise beyond our financial means.
Along with TV, the web and social media, which we frequent daily, also host spaces dedicated to advertising.
In the same way as the classic media (TV), these can also stimulate induced needs in us, related to the purchase of products or services that many times turn out to be unnecessary.
Reducing contact time with advertising in all its forms will certainly reduce the desires associated with purchases as well.
Learn about other financial best practices
Good financial advice #06 Dedicate 30% of income for personal expenses
Plenty of people suggest using no more than 30 percent of monthly earnings for personal expenses, i.e., travel, dinners out, birthday gifts or subscriptions to gyms, newspapers and more.
Good financial advice #05 Devote 20% of income in savings
A good way to save is to follow the 50-30-20 rule that suggests using 50 percent of income for necessary expenses, 30 percent for personal expenses, and 20 percent for savings.
Good financial advice #04 Spend one minute of money a day
To be always sure of one’s financial and, therefore, economic situation, one only needs to devote 60 seconds each day to money management. How? Checking on investment trends, news, and important news.
