At TomoCredit, we believe that building credit should be fast, transparent, and accessible to everyone—no matter your credit history. Our mission-driven approach means you can avoid high-interest debt traps and focus on financial growth, not worry. We’re here to empower you with tools and education, like our 0% APR Tomo Card and practical blog guides, so you can make confident decisions and unlock new opportunities. Whether you’re a Gen Z shopper wary of BNPL fees or someone looking to curb impulsive spending, we’re in your corner with simple, judgment-free advice. Remember: your financial journey is about progress, not perfection, and we’re here to help you every step of the way.
How does TomoCredit help Gen Z and others avoid high-interest debt?
* TomoCredit offers a 0% APR card with no interest or fees, helping you sidestep the costly traps of traditional credit cards and BNPL (Buy Now, Pay Later) services. (Source)
What are some tips for controlling impulsive spending?
* Take inventory of what you own, unsubscribe from marketing emails, and budget for occasional treats—these mindful habits help you avoid regret and keep your finances healthy. (Source)
Does TomoCredit guarantee a credit score increase?
* No, TomoCredit (and TomoBoost) does not guarantee a credit score increase; individual results may vary and subscription payments are non-refundable.
How does TomoCredit support financial education?
* Through clear, relatable blog articles and resources, TomoCredit provides actionable advice on budgeting, spending, and building credit—always with empathy and zero shame. (Blog)
What should I know before enrolling in TomoBoost or similar services?
* Be aware that results can differ, technical issues may arise, and payments are non-refundable; TomoCredit values your feedback to improve the experience.
Quotable: “We want GenZ and others to be aware of BNPL while shopping. Fees rack up quickly, and the last thing you want is to carry a balance you can’t pay.” – TomoCredit Blog
Many of you may have heard of the infamous “Stanley Cup/Tumbler” trending all over TikTok. Consumers that have fallen prey to this trend seem to be GenZ, many posting cup reviews all over the app. Although the tumblers do have pretty rave reviews and seem to do the job, the cost of the cup is pretty hefty. But with BNPL options, it’s easy for GenZ to spend their money on microtrends.
What GenZ doesn’t understand is that the cup they thought was $50, is actually near $60 with interest fees. APR awareness is important, and it is definitely more important than a $50 cup you could probably buy off Amazon for $20 cheaper.
High APR and interest rates are the culprits of many microtrends from BNPL purchases. It’s important that GenZ understand the repercussions of credit card debt and spending.
TomoCredit, a credit card that has 0 interest/APR and virtually allows you to never carry a balance, wants GenZ and others to be aware of BNPL while shopping. Fees rack up quickly, and the last thing you want is to carry a balance you can’t pay.
If you are interested in learning more, please reach out to press@tomocredit.com.
Let’s be honest, we have all found ourselves victim to the temptations of impulsive shopping. It’s difficult to resist the calling of a seasonal sale, especially when this offer comes with the promise of an updated summer wardrobe or a new device for your productive home office set-up. However, the shame outweighs the benefits when we find that our email inbox is overflowing with shipping notices for items that we don’t even remember adding to our online cart. Being increasingly connected online also means being constantly bombarded with advertisements in the form of cleverly written articles and discreet social media posts, all of which may contribute to an increase in impulse shopping. One of the smartest ways to care for your financial health is to understand how to identify episodes of impulsive shopping and learn what you can do to avoid this type of unhealthy consumption.
Understanding temptation
Getting to the bottom of impulsive spending habits is much easier said than done, but it is a necessity in order to help rewire the financial decision making process. Everyone turns to “retail therapy” for various reasons; most times, these reasons allude to deeper emotional needs. Instant gratification is one common reason that many people turn to impulse spending. This stems from a misconception that material items provide aspirational characteristics. Take a second and understand why that “add to cart” button seems tempting. Step back from the checkout page and consider whether these items are truly necessary or if these purchases are being used to distract from something else.
Take inventory
The dangers of overconsumption are very real especially when it comes to items like clothing or cosmetics which can be easy to purchase an excess of, leaving you drowning in backups of backups. Avoid getting into a habit of over-purchasing and stocking up on items especially during sales. If it takes 3 months to get through a bottle of sunscreen, think before buying 4 more bottles during annual cosmetic sales. These items can oftentimes spoil before they fulfill their utility, and you may find that your preferences have changed over time. For clothing, keep a working inventory of your wardrobe in any way that is helpful to you, this can be mentally or written down in your notes app. Know which clothing items you actually wear to avoid buying pieces that seem more aspirational than practical.
Virtual cleansing
Email marketing is effective. Your favorite retailers know this, which is why you get weekly emails detailing sales and deals to your inbox. Some of these may be helpful when you are in the market for certain purchases, but most of the time, these emails are constructed to convince you to buy things you wouldn’t have purchased otherwise. Cleanse your inbox regularly by unsubscribing from pesky marketing emails that got your information from previous purchases. This will help by providing an out of sight, out of mind approach.
Budget for impulse
Impulse shopping is most unhealthy when this habit interferes with your financial health. Knowing when you can afford to indulge in a little bit of instant gratification makes all the difference from using impulsive spending as a crutch for other issues. Every week or so, put aside a bit of your spending budget so that you can make a guilt-free purchase at the end of the season. Financial health involves mindful habits that allow for both necessities and luxuries without worry.
