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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How to Spend Money When You're in an Emotional State

Once a year we get together with a group of already successful business people entrepreneurs and investors at wealth retreat. Even though the questions are the same the answers are different Tom Yeah, that's true like everything changes. You can't you just can't can't be locked in it's a mistake Sure, okay, let's go through your let keep going through your list another one you mentioned is emotional spending. These are spending decisions that you make when you're in an emotional state now it could be upbeat positive enthusiastic state It could also be negative downstate When things are going really well, you know, you have to be careful and self-aware of your spending that you don't you know spend

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