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15 of the Best Side Hustles Australia has to Offer in 2024!
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As Australians, we all know the feeling of walking out of a store with a shiny new purchase and feeling on top of the world.
But, as the saying goes, “the joy of buying is often followed by the agony of paying.” And for some of us, that joy can turn into regret, leaving us with a heavy case of buyer’s remorse.
But fear not, dear Aussies, for I am here to give you the lowdown to avoid that sinking feeling in your stomach when you realize you may have overspent on that fancy new gadget or impulse-bought designer handbag.
It’s that feeling of regret or disappointment after making a purchase, often caused by the realization that the item may not be as useful or valuable as initially thought. It’s like the shopping equivalent of a hangover, minus the fun night out.
I’ve had my fair share of buyer’s remorse experiences. Like when I splurged on a designer dress for a fancy event, only to wear it once and realize it wasn’t my style. Or the time I convinced myself I needed the latest iPhone, only to find out, it was the same as my old one.
But enough about me, let’s talk about you, dear reader. Have you ever found yourself regretting a purchase?
Chances are, you’re not alone. A recent study found that over 60% of Australians have experienced buyer’s remorse at some point. That’s a lot of regrets floating around out there.
So, how can we avoid this pesky feeling? Here are a few tips to keep in mind before making that next big purchase:
Now, let’s lighten the mood with a little bit of humour.
Like you’re on a shopping rollercoaster that keeps going round and round, and you can’t seem to get off? Well, you’re not alone, mate. I like to think of buyer’s remorse as the shopping version of a “Groundhog Day” scenario. Do you know where Bill Murray’s character repeatedly relives the same day? Except instead of reliving the same day, you’re reliving the same regret over and over again.
But enough about movies, let’s talk about some real numbers. According to a study by Finder, the average Australian will experience buyer’s remorse at least 5 times in their lifetime, with the most common regrets being clothing (23%), electronics (21%), and home appliances (18%).
But it’s not just the frequency of buyer’s remorse that’s concerning, it’s also the cost. The same study found that the average cost of a regretted purchase was $437, with some individuals reporting regrets of over $1000. That’s a lot of money to be throwing away on regrets.
It’s like that famous quote by Benjamin Franklin, “Beware of little expenses; a small leak will sink a great ship.” Except in this case, that small expense is a purchase you regret, and that small leak might sink your bank account.
But enough about statistics; let’s talk about how we can actually put these tips into practice.
Imagine you’re at the mall and spot a designer handbag you’ve been eyeing for a while. It’s on sale, and it’s a great deal. But before you hand over your credit card, ask yourself the following questions:
If the answer to all these questions is yes, go ahead and buy that handbag. But if even one answer is no, it may be best to walk away.
But wait, there’s more! In addition to these tips, here are a few more strategies to help you avoid buyers remorse:
And now for the fun part, a little quiz to test your buyers’ remorse knowledge:
a) Impulse buying
b) Overthinking a purchase
c) Shopping when emotional
a) $50
b) $250
c) $437
a) 1
b) 3
c) 5
Answers: 1) a 2) c 3) c
So there you have it, dear Aussies, all the tips and tricks you need to avoid the dreaded feeling of buyer’s remorse. But just in case you still have some burning questions, here’s a quick FAQ:
Yes, it’s normal to experience regret or disappointment after making a purchase. A study found that over 60% of Australians have experienced buyer’s remorse at some point.
It depends on the store’s return policy. Some stores have a strict no-return policy for items that have been used or opened, while others may have a 14-day return policy. Be sure to check the store’s policy before making a purchase.
While avoiding buyer remorse altogether is impossible, following the tips and strategies outlined in this piece can help reduce the likelihood of experiencing it.
In conclusion, buyer’s remorse is an all too common experience for many Australians. Still, by taking a step back before making a purchase, researching, and setting a budget, we can avoid the “I wish I never bought that” blues. Remember, the agony of paying should never follow the joy of buying. Happy shopping, mates!
Up until working with Casey, we had only had poor to mediocre experiences outsourcing work to agencies. Casey & the team at CJ&CO are the exception to the rule.
Communication was beyond great, his understanding of our vision was phenomenal, and instead of needing babysitting like the other agencies we worked with, he was not only completely dependable but also gave us sound suggestions on how to get better results, at the risk of us not needing him for the initial job we requested (absolute gem).
This has truly been the first time we worked with someone outside of our business that quickly grasped our vision, and that I could completely forget about and would still deliver above expectations.
I honestly can't wait to work in many more projects together!
Disclaimer
*The information this blog provides is for general informational purposes only and is not intended as financial or professional advice. The information may not reflect current developments and may be changed or updated without notice. Any opinions expressed on this blog are the author’s own and do not necessarily reflect the views of the author’s employer or any other organization. You should not act or rely on any information contained in this blog without first seeking the advice of a professional. No representation or warranty, express or implied, is made as to the accuracy or completeness of the information contained in this blog. The author and affiliated parties assume no liability for any errors or omissions.