Understanding the Psychology of Spending and Financial Decisions

This chapter explores the psychological factors influencing spending habits, particularly the effects of credit card use on impulsive buying. Through a humorous dialogue, the discussion emphasizes the need for mindfulness in financial decision-making.

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📈 ⁠⁠⁠⁠⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠⁠ 📱 Watch the full episode for free in the Ramsey Network app. Jade Warshaw and George Kamel answer your questions and discuss:

"How do we move forward with a bridge loan and a house that isn't sold?"
"My wife wants a divorce. How do I handle my finances while going through this?"
Jade and George discuss their biggest financial mistakes,
"My husband and I don't agree on where to live in retirement. How do we come to an agreement?"
"Should I sign up for a debt relief program?"
"My realtor doesn't want me to sell my rental. Is she right?"
"How do I cut up my credit cards when I love the reward points?"
"My car was repossessed and sold. How do I pay off the balance now?"
"Is it wrong to sell my wife’s engagement ring and band ? "

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