American evangelist Billy Graham was quoted as saying, “Give me five minutes with a person’s checkbook, and I will tell you where their heart is.”
Apparently, my heart is at Amazon. I relish the convenience of online shopping, especially around the holidays when the stores are crowded, or in the winter when the outside temperatures are frigid, or any time, really, because it’s faster and easier to “Buy now with 1-Click®” and have something delivered to my door the next day (or the same day, if I’m lucky).
Anyone who knows me knows that I love efficiency, and what’s more efficient than the single click of a button to buy most anything I want?
The dark side of efficiency.
Unfortunately, just as it requires little work or effort to buy items with 1-Click, it requires little thought into the purchase as well.
See something you want. Click. It’s yours!
Once upon a time, you had to actually get up from the sofa, go get your credit card (unless you had the number memorized, of course), manually type in the number, expiration date and security code – and then do it again, because you mistyped something.
Oh, the effort and tediousness of it!
On more than one occasion after mistyping a number, or occasionally even before getting off the sofa to retrieve my credit card, I thought about what I was buying and decided the effort wasn’t worth it. It’s not that I’m lazy; it’s just that the time required to make the purchase often allowed me time to consider if the purchase was something I truly wanted or needed.
With Paypal, Apple Pay, and 1-Click shopping, you have approximately 1.3 seconds to consider how much you want or need whatever shows up in your Facebook feed or the insidious ads that pepper your online experience.
Everything from small, insignificant, and inexpensive items to extravagant, time- and budget-consuming vacations can be yours with one click. This convenience sets the stage for a complete lack of awareness around your spending that doesn’t register until your credit card statement arrives.
How often have you looked at the amount due on your statement and wondered how on earth it got that high?
Lack of awareness around spending is a major cause of stress related to your money.
Sometimes the stress comes from a higher-than-anticipated credit card balance.
Sometimes it’s the recognition that a purchase was frivolous or didn’t deliver the satisfaction from you sought from it.
Other times, it’s the realization that those mindlessly easy purchases are keeping you from your financial goals such as reducing your overall debt or creating an emergency fund so you can weather the financial storms that invariably come.
And sometimes it’s the realization that the cumulative effect of those efficient little purchases is preventing you from achieving your bigger goals in life like changing jobs, starting your own business, or investing in assets that will generate passive income (the key to true financial freedom).
One click that can help you.
If you’d like to develop strategies to be more intentional with your spending, so you can reduce stress, have peace of mind around your money, and move confidently toward your goals, click here to schedule your complimentary discovery session.