• 073 - Do Impulse Buys Really Derail Your Finances

  • Oct 22 2024
  • Length: 48 mins
  • Podcast

073 - Do Impulse Buys Really Derail Your Finances

  • Summary

  • The compulsion grips you. You run to the store to buy stuff to make up for all the hard work you put in for the week.

    A surge of relief hits as dopamine courses through your veins. Then buyers remorse sets in. You feel guilt or shame and then the stirrings of compulsion rise up again.

    Sound familiar?

    We all get caught in the loop of impulse spending. But it will never stop if we don’t do something about it.

    And if left unchecked for too long, it’ll prevent you from ever being able to invest for your future because you’ll bleed your savings dry and fall hopelessly into debt.

    You deserve better than that. So today we’ll share what this looks like and how to combat it.

    Check out Ramsey Solutions extra info --> here and here
    Read or listen to the Millionaire Next Door --> here

    There are many documentaries on advertising and marketing. We're going to consume them and summarize our findings in a future episode.

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    **DISCLAIMER**
    Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.

    Episode music was created using Loudly.

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