Hands down.
You know that feeling when you find something amazing and you physically cannot go on without buying it immediately?
We’ve all been there- but it’s not something our bank account agrees with.
Neither does CommBank Start Smart facilitator Caroline McKeon.
But luckily she has one golden rule that will help you break this bad spending habit…
This video is brought to you by CommBank.
What’s the silliest thing you ever splurged on?
Want more? Try these…
Yes, your spending habits rub off on your kids but here’s how to make that a good thing.
Money saving advice for your kids (that they’ll actually pay attention to).
“Women are hardwired to be conservative with money. I say bollocks.”
Delivered by a national team of world-class facilitators, CommBank’s Start Smart workshops are designed to teach money management in a motivating and inspiring way. The aim is to equip students with the confidence and competence to make smart decisions about money.The Start Smart program was founded in 2007 and each year it reaches over 285,000 students, making it the largest program of its kind in the world.
CommBank has recently extended its commitment to financial education by investing an additional $50 million over the next three years to enhance financial education programs across the country. This will enable more than 500,000 Start Smart student bookings annually from 2016.
Start Smart – changing the way young people learn about finance.
Disclaimer
These Money Matters videos are intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any viewer and must not be relied upon as financial product or taxation advice. You should consider seeking independent financial advice before making any decision based on this information. Commonwealth Bank of Australia ABN 48 123 123 124.
Top Comments
I have two rules.
1. Set my limit (it's currently $30), if the item is over my limit, I have to 'sleep on it' and then make a decision.
2. If I 'love' it, I carry it around the shop for 20minutes while I look at other stuff. Normally the infactuation is over by then, and I can put it back without stressing about it.
That's why sensible people have multiple savings accounts - ie. one for long term savings and one for short term so that you can buy fun things when you want too.