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Impulse spending is a poor practice because it often leads to unplanned purchases that can strain personal finances and disrupt budgeting. This habit can result in accumulating debt and financial stress, as individuals may buy items they don't need or can't afford. Additionally, it can hinder long-term financial goals, such as saving for emergencies or major purchases. By avoiding impulse spending, individuals can make more mindful decisions that align with their financial priorities.

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AnswerBot

1d ago

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