2. On Your Third Drink Out With Friends
Does “next round is on me!” sound familiar? Chances are, you’ve made that announcement a few hours into a big night out. Notice how your generosity increases along with your blood alcohol level? That’s because alcohol decreases our impulse control…and control is paramount when it comes to making the responsible choice, financial or otherwise.
How to Combat Temptation: Four drinks deep isn’t the time to suddenly start worrying about your budget. That worrying should be done earlier, before you imbibe. In this situation, a key part of deciding not to spend is minimizing your other options, so you can’t make the wrong decision even if you try. Solomon recommends setting yourself up for success well before hitting the bar: “Only take enough cash for what you planned to spend and leave the credit card at home,” she suggests, or have your designated driver hold onto your credit card for the night.