What "impulse purchase" means in finance

An impulse purchase is a spontaneous purchase made without planning or consideration. It is often made on the spur of the moment, without much thought or research. Impulse purchases are usually made in response to a sudden desire or temptation, such as seeing a product in a store display or online advertisement. These purchases can often be unplanned and unnecessary, and can result in overspending and buyer's remorse.


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