on beauty? Are you spending too much
It’s time to be wise on how much money you use on cosmetics and hair
ARE you worried that you are spending too much money on beauty, especially on products you are not even using? Do you walk into a shop planning to buy one beauty item and end up walking out with seven instead? Beauty is a woman’s best friend but when is it too much?
BEAUTY INDUSTRY BOOMS
Women around the world have one thing in common and that is investing in their beauty. According to market research firm, the NPD Group in the US, sales of “prestige” make-up increased by 13 percent last year.
Customers at Dis-Chem, located at the Nicolway Shopping Centre in Bryanston, each spend about R1 500 a month on make-up, according to assistant cosmetics manager, Lebo Masinga.
“Our customers don’t mind spending R1 000 on foundation and R500 on a lipstick,” she reveals.
It has also been revealed that customers at Clicks in Gugulethu spend about R400 a month each on beauty products.
However, with recession, maybe it’s time for women to reconsider spending so much money on beauty products especially because many people are now finding it hard to pay their bills and save money.
SIGNS THAT YOU ARE OVERSPENDING
When the money in your bank dries up, sometimes you shouldn’t look any further for answers because you might be the one to blame. If you were to calculate how much money you have spent on beauty, would it impress or depress you? Here are signs that you might be overspending:
You’re adding items to your budget that weren’t there to begin with.
When your bills go unpaid but you can manage to buy yourself make-up. Using credit cards to buy beauty products. Waiting impatiently for a new collection you’re excited about so that you can buy it the second it is available.
Spending money on various products week after week, even though you already have one variation or another of the same thing.
If you are addicted to buying beauty products, you need to get your priorities straight before you end up in debt and not being able to pay your bills.
In order for you not to spend so much, you need to understand that you cannot buy beauty but you can only enhance what you already have.
It can be tough at first to kick the habit of spending too much on beauty products but there are simple things that you can start doing and make a difference in your bank balance.
WHAT TO DO TO STOP
Unsubscribe and delete: Having an inbox full of emails about beauty sales and discounts is not only a time waster, but a huge temptation that you don’t need in your life.
Have some financial
goals: Motivation is key when you are trying to change a habit, so having a specific goal which you can work towards is a great idea. It can also become a reward for all your hard work.
Know what you already
have: Check your make-up and really take note of how much you already have in your stash so that you don’t buy the things you don’t need.
Manage your stash: This simply means that when you are tempted to go to the shop to buy a new product, you must first go through your make-up stash and find something you can use from the products you already have in your cupboard.