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Why You Spend Too Much Money and How to Stop | TIME


Stashed in: Influence!, @bakadesuyo, Awesome, Remind Me, Consumers, Life Hacks, Money

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All this time I thought I was spending too much because Amazon was so convenient and for some reason I have a love for Costco....but now I have my last name to blame.

Actually, BOTH the convenience AND your name are likely factors that affect your spending.

What our neighbors buy affects what we buy, as does our names, the weather, and the type of floor a store has.

tl;dr: There are MANY things that influence our spending decisions.

  • The word sale makes us less likely to comparison shop and yellow tags fool us into thinking we’re getting a discount even when we’re not.

Luckily there are fast, easy tricks to avoid buying too much and breaking a budget.

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