What tips will you take with you to avoid being scammed by the marketers of consumerism?
@sandracowie1851
7 ай бұрын
This is the first time I heard of the Diderot effect but this has actually happened to me MANY times. I actually have a fear of buying anything now because I know that once I buy something, my willingness to spend money on another item (that I don't actually need) significantly increases. I feel like now that it has a name and an actual scientific reason behind it, I'll be more aware it and be able to call it out before making unnecessary purchases. Thank you so much!
@MindMoneyBalance
7 ай бұрын
Oh, such interesting insight. Thanks for sharing, Sandra! I totally hear you on that fear--an exercise to try when you need something new is to verbally say/write down a version of, "It's safe for me to buy X, and I can trust myself to not purchase more than X." Best of luck!
@juliemcnamee8382
7 ай бұрын
same here!
@amycabral5841
7 ай бұрын
This video was so helpful, I appreciate you putting out this information. The type of consumerism that's so endorsed today is detrimental to everyone's mental health
@MindMoneyBalance
7 ай бұрын
So glad you found it helpful, Amy! It's hard to not want to buy more, especially when it feels like it's "ethical" to spend and consume
@cupofchi_
7 ай бұрын
i notice this with black history month as well. lots of brands will start to sell items that targets black audiences right around the time of BHM. Just like they do with LGBTQ
@MindMoneyBalance
7 ай бұрын
Oh definitely!! Good example
@misterfergusso
7 ай бұрын
I found many interesting phrases from your videos that I can't resist to convert into financial behavior education contents. Thanks for the inspiration!
@MindMoneyBalance
7 ай бұрын
Oh, which phrases? I'd love to know!
@misterfergusso
7 ай бұрын
@@MindMoneyBalance I rewrite one into: "I ask many people if my stock purchasing selection was right." It was me and some of my friends after we hit the trade button.
@aleeeeemu
7 ай бұрын
This is really good! Thank you for this.
@MindMoneyBalance
7 ай бұрын
Of course! Glad you enjoyed it!
@Kyla94934
7 ай бұрын
Buying a capsule wardrobe for every season is so not the point of minimalism and such an obvious consumerism scam i am so shocked that thats a thing!
@MindMoneyBalance
7 ай бұрын
Right!? It _seems_ so counter-intuitive, but I can totally see how someone who is interested in getting dressed with less effort might be tempted or intrigued to buy a new wardrobe each season, without being mindful about the purpose of buying less. When people package it as "ease" instead of "buying less," it fits into our consumerist world.
@Kyla94934
7 ай бұрын
@@MindMoneyBalance totally. I guess I shouldn't be surprised that these companies have found a way to monetize minimalism. But I am lol
@TheJoPaXXXX
7 ай бұрын
Hygge is a good danish way.
@MindMoneyBalance
7 ай бұрын
Yes, I know. The "hygge washing" comes from companies trying to sell people things like tea, mugs, and blankets by marketing them as "Hygge"
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