Impulsive Spending, Retirement Journey, SAVINGS, Wasteful spending

Google Pay for shopping online? Not anymore.

Photo by Anna Shvets on Pexels.com

Google has a payment feature (Google Pay) that when you are at a shopping site online and want to purchase something, it will auto-fill the credit card number you’ve established on your Google account. It’s a quick and convenient way to pay for things since there is no need to get your card from your wallet. I thought that was so cool — until I didn’t.

Google Pay and/or Apple Pay is an impulsive shopper’s crack. With the click of a couple of memorized security numbers, you can purchase your item in less than 10 seconds. Not good for impulse purchasers like me, to say the least.

I already know how helpful it is to put space between what I think I want and making the actual purchase. Most times I give myself 24 hours and end up not buying the item. Lately, I’ve been more impulsive in my spending than usual — I’m blaming it on boredom from staying home and ‘resting’ my foot. 😦 . However, after a few expensive returns ($60) and nothing to show for it, I have finally come to the realization that Google Pay is not a tool of convenience, but more of a financial impediment to my financial goals. It is no longer an option for me, and I have since deleted my credit card information from Google Pay.

Whew. I feel better already.

Do you use Google Pay or Apple Pay for purchases online? Do you find yourself buying more?

No Buy/Low Buy, Retirement Journey, Wasteful spending

Amazon is now on the chopping block.

In an effort to make this no/low buy year successful, I needed to see how and where I spent money in 2021. In the process of doing that, I was able to single out payees in my budgeting software program. Out of curiosity, I decided to see how much money I had given to certain retailers — in particular Amazon. I knew I had been ordering a lot on Amazon (and I had all the Amazon packaging to prove it) but nothing could have prepared me for what I saw on the budget report. In 2021, I spent over $7,000 on Amazon purchases. Yes, you read that right. $7,000. What? It must be a mistake, right? Nope. And, for all intents and purposes, I have nothing to show for it. Some of it was spent on my parents, gifts, and Christmas, but everything else? I.have.no.idea.

I’m not even going to try to come up with an excuse for this. There is no excuse. I’ve known for several years that Amazon is my Kryptonite. It weakens my resolve to the core because of how easy it is to get anything you want in the shortest amount of time. And, of course, it doesn’t help that every social influencer links products to it. One easy click and a package is heading my way. Well not anymore.

For 2022, I will no longer be making purchases on Amazon, even if it is something from my “can buy” list. I also will not be renewing my membership for 2023. If I want something that can only be found on Amazon, I just won’t be able to have it. Period.

I’m telling you all this so that there is no room for error. (I tried to do this in 2019, but it didn’t stick). If I write it, I have to follow it. It is my desire to be a much better steward of all the money that flows into our lives. (And I’m sure I can find something better to do with $7,000 than to make a billionaire richer.)

Have you ever added up how much you spent on Amazon over the course of a year? The number may just surprise you too!