“Do I feel lighter or heavier with the thought of purchasing this item?” This is the question blogger Jill Chivers suggests asking next time you’re tempted to make a purchase. She used this technique on a recent shopping trip when she found a heavily discounted sweater that she fell in love with. As she went through the “justification thinking” process, she realized she was already picturing it in her closet, and knew she needed to break the cycle with her question. The answer for her was “heavier,” and the relief of knowing this let her walk away from the sweater.
Read full article here: A Quick Question That Could Save You Hundreds
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.