Property Investment, Success & Money | The Michael Yardney Podcast cover image

Why smart people do stupid things with their money, with Tom Corley

Property Investment, Success & Money | The Michael Yardney Podcast

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You Know You Make These Emotional Purchases

A lot of people despite having great incomes Don't build substantial assets. You have a way of emotionalizing your financial decisions unfortunately and that's why we're here We're trying to just bring self-awareness to it all. One of the things is that as we earn more income We tend to spend more we've worked hard. So I guess we say to ourselves up but but I deserve it. It's that story about delayed gratification in many ways Isn't it Tom? Yeah,We you know, it's easy to rationalize You know your your emotional Spending it's it's easyto do.

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