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Episode 3745:
Emily Guy Birken explains why buyer's remorse happens and shares three psychologically sound habits for spending money wisely: settling for good enough instead of endlessly comparing features, choosing many small pleasures over one big splurge, and saving up for purchases instead of buying on impulse. She shows how these money habits cost less and leave you happier with what you buy.
Read along with the original article(s) here: https://ptmoney.com/psychological-tricks-to-avoid-buyers-remorse/
Quotes to ponder:
"Becoming a satisficer will help you to feel much better about your purchases."
"What all this means is that you will get more pleasure out of small purchases and treats for yourself than you will by making big, special purchases."
"And saving up money for purchases provides you with more pleasure than spending money you don't have."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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