3min snip

Bookworm cover image

198: Scarcity Brain by Michael Easter

Bookworm

NOTE

Compulsive Buying Disorder and Making Quick Decisions

Compulsive Buying Disorder has intensified during the pandemic, highlighting the need for better decision-making practices regarding purchases. A proposed method is to decide on a purchase within 60 seconds; if a decision cannot be made promptly, it may indicate that the item is unnecessary. Additionally, the concept of 'gear, not stuff' emphasizes purchasing items that serve a clear, functional purpose rather than acquiring unnecessary possessions. Americans reportedly spend an astonishing $1.2 trillion annually on items they do not need, with the dog clothing industry projected to reach $16.6 billion, indicating a troubling consumer trend. Implementing these decision-making strategies can help individuals avoid justifying unnecessary purchases and focus on acquiring gear that enhances their lives and aids in achieving personal goals.

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