LibraryScenariosWhy chasing discounts can destroy your budget
Scenario

Why chasing discounts can destroy your budget

I cannot stop buying things on sale even when I do not need them because getting a deal feels like making money.

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More people experience this than they realize.

What we've seen

The anchoring effect of original prices creates a false sense of gain that justifies unnecessary spending through perceived savings.

Ideas that help explain it
Worth thinking about

“Where Are You with Behavioral economics — biases in financial decisions?”

If this sounds familiar, the Library can help you find the bigger picture.