I finally made $10,000 in profit from trading and immediately spent $8,000 on a vacation because it felt like free money.
More people experience this than they realize.
Mental accounting treats unexpected financial gains as separate from regular money, reducing the psychological pain of spending it frivolously.
“Where Are You with Behavioral economics — biases in financial decisions?”
Peri can explain why this happens, help you decide if this is the right situation for you, and point toward the right journey or coach.
If this sounds familiar, the Library can help you find the bigger picture.