Are you someone who has better luck with well-researched purchases . . . or impulse buys? I know, stupid question, right? According to a new report, the average American spends $314 per month on impulse purchases. That’s up from $276 in 2021 and $183 in 2020. In some cases, the impulse buy might be one BIG item. The most the average person is willing to spend on a single item is now $310, which is also up from $277 in 2021 and $157 in 2020.
This year, the #1 impulse buy is some kind of CLOTHING. Food and groceries is second, followed by household items . . . shoes . . . technology . . . books . . . take-out . . . toys . . . coffee . . . and “spa services.”
That might be a sign that people are getting out more . . . because instead of clothing, food and groceries was #1 in each of the past two years.
And this is surprising: 73% of people say that MOST of their purchases tend to be spontaneous, which is up from 59% last year.
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