#impulsive spending

[turns-out-its-adhd]

[sabine5]

Not spending money

is really really hard. Which is why I am in such a crazy amount of debt. I spent money I do not have and rationalized that that one purchase is going to make me happy. That I need that thing. Once I have that thing I'll finally be complete. But it's not true. Once I have the thing I take it for granted and I start fixating on the next thing I need.

Case in point: last month I bought an Apple watch. And now I have another charging cable. So I started looking into wireless charging stations to clean up the tangle of wires. But then I'll look at it and decide that it would look better with a prettier bedside table. Which would need a matching bookcase. And don't I need even more books? But the book is only $12 and I want to get free shipping, so I should buy two more to save the $5. And on and on and on, pick a starting line and go from there.

I keep a wishlist on google keep. So when I really want something, instead of hitting purchase on the website, I add it to the list. And then if something has been on the list for a while and I still want it, I get it.

That's how it was with the Apple watch. I probably still should not have bought it. But I rationalized that it would help me with my fitness journey. And I do actually love the watch. But my point is, sometimes I look around at my possessions and try to pinpoint the date each came into my life. The other day I realized that everything i was wearing was less than six months old. That even in this crushing debt I have still been purchasing new things like crazy. My shopping budget is blown nearly every month.

My new plan is not to eliminate shopping entirely, I don't think I could do that. But I am going to set the limit each month at $100. If I want something that is more expensive I will have to wait until I have saved enough over several months to afford it. More of a built-in buffer for impulse spending. No more walking around stores (or online stores) just to see what is there. No more thinking "it would be so nice to have a fish tank" and then researching how much they cost online. I can just think about the fish tank without purchasing one. I want to simplify my life, not add more to it. At least not in the sense of owning more items.

I want to be free. Free from debt and free from all these pointless items that I have stacked up all around me.

[monalisha1328]

When Mars is in the 1st house of a natal chart, it strongly influences one's personality, making them assertive, energetic, and determined. Individuals tend to be bold, competitive, and driven by ambition. This placement fuels independence and leadership, but may also lead to impulsiveness and confrontational tendencies in life.

Visit now : Mars in 2nd House: Impact on Wealth & Communication

[echologname]

It seems like women exchanged baskets for shopping bags since the time when humanity was a hunter-gatherer society. I know there were women who hunted then too and the gender roles weren't so strict but it's just an observation.

Do we just see a thing and we have to be like a crow and collect it for our nest? Like, "Ooh, this will be a useful resource to my family." (It actually won't and be a waste of money).

[gazetteweekly]

Digitalisation: A Double-Edged Sword for Consumers and Financial Systems, Says RBI Report

In its Report on Currency and Finance (RCF) for 2023–24, the Reserve Bank of India (RBI) highlighted the transformative yet challenging impacts of digitalisation on consumer behavior and financial systems. Released on Monday, the report underscores how the convenience and accessibility brought by digitalisation can also lead to impulsive spending, herd behavior, and heightened risks of data breaches.

Benefits and Risks of Digitalisation

Digitalisation undoubtedly enhances the ease with which consumers can access financial services. However, it also introduces new risks. The RBI report points out that the rapid spread of financial trends and choices through digital platforms can influence consumers to follow the crowd, leading to impulsive spending and herd behavior. This is particularly evident during market frenzies, where mass buying or selling of stocks can trigger similar actions from other consumers.

Moreover, the interconnected nature of the digital financial system can complicate financial stability. For instance, widespread withdrawal of deposits due to herd behavior could lead to bank runs or failures.

Data Breaches: A Growing Concern

The report also highlights the growing threat of data breaches. In 2023, the average cost of a data breach in India was $2.18 million, marking a 28% increase since 2020. Common attacks include phishing and the use of stolen or compromised credentials. These breaches pose significant risks to both consumers and financial institutions.

Implications for Monetary Policy

Digitalisation impacts inflation, output dynamics, and the transmission of monetary policy in various ways. The report suggests that if digitalisation shifts credit supply from regulated banks to less-regulated non-banks, it could dampen the effectiveness of monetary policy. As such, central banks must integrate digitalisation considerations into their models to ensure effective monetary policy and financial stability.

Proactive Measures and International Collaboration

The RBI has been proactive in leveraging the benefits of digitalisation while mitigating associated risks. Digitalisation holds the potential to boost India’s external trade in goods and services, particularly in modern services exports. It can also reduce the cost of international remittances, benefiting recipients through higher incomes or savings.

In a significant step towards enhancing cross-border payments, the RBI joined Project Nexus, aiming to interlink domestic Fast Payments Systems (FPS) across several countries, including Malaysia, the Philippines, Singapore, and Thailand. This follows the integration of India’s Unified Payments Interface (UPI) with Singapore’s PayNow, facilitating faster and more affordable remittances between the two nations. Similarly, an MoU with the Central Bank of UAE aims to link India’s UPI with UAE’s Instant Payment Platform (IPP).

The Rise of UPI

The report highlights the explosive growth of UPI, which has seen a tenfold increase in volume over the past four years. From 12.5 billion transactions in 2019–20 to 131 billion in 2023–24, UPI now accounts for 80% of all digital payment volumes in India. As of June 2024, UPI is recording nearly 14 billion transactions monthly, driven by 424 million unique users.

Future Outlook

Cross-border digital trade policies will be crucial in leveraging new opportunities and ensuring data security and cybersecurity. The internationalisation of the rupee is also progressing, supported by a comprehensive policy approach.

In summary, while digitalisation brings significant benefits, it also poses new challenges. The RBI’s report emphasizes the need for a balanced approach to harness its advantages while managing the associated risks to consumer behavior, financial stability, and data security.

[elineedscaffiene]

I had a moment of inspiration to expand on the idea of Young Justice in Teen Titans 2003, since the last time I did it it was a couple sketches (and I genuinely hate them) I really like how these turned out

[oifaaa]

People will try to convince you Jason Todd is the impulsive doesn't think before he acts type of guy and its funny bc Jason is almost comedic in how fucking long it actually takes this boy to plan out anything

[punkdruid]

✨ impulse spending money I don't have for half an hour of happiness followed by hollowing guilt and self-loathing ✨

[themooninherpajamas]

I did a thing.

Went to a plant shop with a STRICT budget and no list (first mistake) to buy 2 bags of compost.

I kept walking past things and convincing myself it was a practical idea to buy more as they were useful while simultaneously walking past lots more plants and rewarding myself for not impulsively adding them to my cart by allowing myself to add another small item instead?!

Then I had the audacity to be confused and shocked when the total came in $120 over budget and still paid for it because the line behind me was too long and I didn't want to hold people up by returning things.

Long story short my sister is paying my rent this week, thanks babes I owe you one (or maybe two)

[turns-out-its-adhd]

WHERE is my dopamine delivery?!

[hijinxinprogress]

Does the JL know that YJ has just casually been beefing with darkseid??

imagine there’s a all hands on deck battle against darkseid and everyone is there but darkseid points out the nearest yj member (it’s probably Bart) like ‘you!!! You managed to escape with your lives last time but this meeting will be our last’ and for a split second Clark’s so fucking confused bc we haven’t fought in years wtf are you talking about then he hears ‘oh shit, look it’s Doug’ and everyone turns to see Bart nudging Kon going ‘he’s talking to you…damn he must still be mad about the coal’ and kons shoving him back bc ‘you were the one fucking around with his coal, you fucking walnut’ while Cassie’s being scruffed by wonder woman bc they’re trying to avoid being around when the jl finds out and tims having a very intense silent conversation lecture about why tf there’s at least half a dozen yj mission reports that mention an assailant named ‘Doug’ 

then Constantine shows up with Greta and everyone (including darkseid) starts yelling and if you don’t know her Greta seems like the one with the ownership of the braincell in yj (she is not but I guess she looks like it from a distance if you squint) which goes one of two ways:

retired-civilian!greta is giggling and waving excitedly to each member of yj along with hal before she practically tackles each of them in a tight hug while the titans, jl, & jl: dark lose their collective shit bc Constantine brought a tiny civilian dressed in pastel floral prints from head to toe into an active battle with fucking darkseid, a civilian who doesn’t register as a threat in any capacity until she makes eye contact with darkseid and gives him the most disgusted look imaginable “Doug… you look…well.” and then like three jl members have to stop her from leaping at darkseid while Hal’s like ‘no! No no, bad Greta! We don’t fight supervillains with…what is that?? I really fucking hope that’s not a gun…Is-is that fucking silly string?! Greta no we don’t silly string supervillains! We’ve talked about this!’

or

never-retired!/recently-out-of-retirement!greta who does the same thing but when she notices darkseid she rocks his shit in eight seconds flat and starts muttering about ‘that fucking Doug, always ruining my goddamn day’ and Hal is the first one to recover from the shock/confusion but only to tell Greta she’s grounded which gets another irritated ‘fucking doug!’ while Wally and Barry are losing it at Mach 6 while Bart tries to explain himself also at Mach 6, Cassie manages to catch Wally’s exasperated ‘where the fuck did you get Doug from?!’ And responds with ‘Apokolips’ in a tone that means they’re questioning his intelligence which leads to more screaming bc ‘so you knew who he was?? Why didn’t you come to us??’ and they all back up Kon when he claims they told Lex bc that means they have at least 3 hours of freedom while Lex is getting yelled at by the jl (and honestly every cape over 24)

[monalisha1328]

When Mars is in the 1st house of a natal chart, it strongly influences one's personality, making them assertive, energetic, and determined. Individuals tend to be bold, competitive, and driven by ambition. This placement fuels independence and leadership, but may also lead to impulsiveness and confrontational tendencies in life.

Visit now : Mars in 2nd House: Impact on Wealth & Communication

[glowsticcc]

gem and the scotts!!

[bitchesgetriches]

Hey! I’m genetically at high risk for things like addiction and gambling, and I recently got a credit card. I’m absolutely terrified of it! I got it since I crossed international borders recently to meet with a friend on my own, and it seemed like a good failsafe. Now that I’m back home, I wish I could just get rid of it to ensure I don’t go into debt. Any advice?

Lock it up in between uses.

My preference is to wrap it up in opaque tape, put it in a ziplock bag full of water, then put the whole thing in the freezer. Obviously, make sure you don't have the numbers saved in your browser or written down anywhere else. This will FORCE you to slow down before making a purchase. You can't microwave it to defrost it (JFC DO NOT MICROWAVE YOUR CREDIT CARD). So while you're sitting there watching it slowly unfreeze, you can second-guess whatever impulse purchase you want to make.

Also, just because you're at high risk for gambling and addiction doesn't mean you automatically WILL succumb to those things. I know plenty of people genetically predisposed to things like alcoholism who don't struggle with that addiction. Have you considered talking to a therapist about your concerns here?

Here's more on how to use a credit card responsibly:

6 Proven Tactics for Avoiding Emotional Impulse Spending 

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[daily-xisuma]

zizuma after 12 straight hours of code work (all he’s had to eat was 5 adderal and an uncrustable)

[075] Hands stained with blood (stupid coding mistake that takes anywhere from 1 second to 10 days to find)