Buyer’s remorse is the guilt that lingers for days until you refill the dent in your bank account. It occurs after riding a wave on recent purchases, being swindled into buying something you didn’t need from a persistent sales assistant, and discovering better deals elsewhere.
Like many other regrets, buyer’s remorse finds a way to haunt you. You’ll be in bed, slowly drifting off to dreamland, then, bam!
You remember the blender sitting in your kitchen and how you’ve hardly touched it since convincing yourself you need it, or the fancy new piece of technology you still don’t know how to use on your desk. So long sleep, and hello to the vast pit of spiraling penance.
Avoid buyer’s remorse and check out our three top tips on how to make better purchases that’ll save you from digging a sinkhole in your wallet and allow you to get a restful night’s sleep.
Work With a Professional
There are many reasons why you should work with a professional yacht broker when buying a boat, especially due to their knowledge of the boating and marine world. They’ll make sure you don’t purchase a ship that’ll drown you in remorse and debt.
Professionals are experts in their fields. They know the ins and outs of prospects relating to their expertise, and they come in handy when you need a second point of view and reference while shopping.
Working with a professional in the field of the item you want to buy ensures you make the right purchase and don’t overspend. They’ll let you know what price ranges are acceptable and whether the item of interest meets top-quality standards.
Practice Patience
The early bird gets the worm, but good things come to those to wait. Who wants a worm anyway?
Shopping smarter involves a lot of patience. Many people suggest waiting at least a whole day before making any major purchases.
Give yourself time to consider the pros and cons of a purchase, remove the adrenaline high of retail therapy, go back home to see if you have space for it, and test how much you really desire the item. Practicing patience allows you to make decisions and purchases with clarity.
Visit More Than One Store
The leading contributor to buyer’s remorse is buying the first item you see in the first store you visit. Many stores carry the same item as their competitors at varying prices.
Acting quickly comes in handy when securing one-of-a-kind antiques or artwork, but it’s better to scope out the many options for more accessible items. Checking out pricing options in more than one store reduces the risks of finding a better deal after you’ve handed over your money.
Nowadays, you can simply pull out your phone and check other stores’ inventories and price options without leaving the store you are currently in. Scope out different retailers, prices, and inventories before committing to a purchase.
Don’t let your spending habits undo your hard work after putting in the time to find a side hustle for extra money. Make better purchases with these three tips and prevent an empty wallet and buyer’s remorse.