You don’t know for sure whether your smartphone will give you cancer or cause your kid to have more accidents. But if you’re using it to shop, it can impair your ability to make smart spending decisions.
That’s because phones are so convenient, a recent study finds that folks are using their downtime to phone-shop at odd moments—while they’re in bed(43%), in the tub (14%) and...on the toilet. A full 18%. Yes.
Hygiene issues aside, the real hazard of phone shopping when you’re relaxed, researchers say: is that you might be willing to pay more for items than you normally would. That adds up to impulse shopping—at higher prices. Not the best use of your cash.
Chucking your phone isn’t an option, but self-restraint is, says Dr. Brad Klontz, a financial psychologist. Some 45 million smartphone owners used shopping apps, according to a survey last June by Nielsen. The top apps were eBay, Amazon, and Groupon.
- Cool off. Fill up your virtual shopping cart—but wait 24 hours before you click buy. “The desire to ‘just buy’ will have dissipated, and you can make a more rational assessment about whether the purchase is a wise one,” says Klontz.
Some 45 million smartphone owners used shopping apps, according to a survey last June by Nielsen. The top apps were eBay, Amazon, and Groupon.