LPT: Track the “emotional return” of your major purchases…
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LPT: Track the “emotional return” of your major purchases
Typically we ask ourselves if we can afford to buy something or not, or we assume buying XYZ will make us happy. What emotional state does this purchase actually buy, and how long does that state last, is a more unique question to pose to yourself before making a major purchase.
For example a $4,000 vacation that leaves you restored for three months can be a better investment than a $400 impulse buy that gives you 20 minutes of distraction (and yes I know this depends on what the vacation is since sometimes you need a vacation from the vacation, seriously)
Anyway.
The highest emotional returns are usually ones that protect your future in some way (whether that be your health or your relationships or whatnot) rather than a purchase that is made to signal status.
Something to think about. I like buying things that genuinely help my mental well being and I’ve noticed that big expenses in the past that I thought “made me happy” were things that wore off weeks or sometimes even days after.
#entertainment
source
Typically we ask ourselves if we can afford to buy something or not, or we assume buying XYZ will make us happy. What emotional state does this purchase actually buy, and how long does that state last, is a more unique question to pose to yourself before making a major purchase.
For example a $4,000 vacation that leaves you restored for three months can be a better investment than a $400 impulse buy that gives you 20 minutes of distraction (and yes I know this depends on what the vacation is since sometimes you need a vacation from the vacation, seriously)
Anyway.
The highest emotional returns are usually ones that protect your future in some way (whether that be your health or your relationships or whatnot) rather than a purchase that is made to signal status.
Something to think about. I like buying things that genuinely help my mental well being and I’ve noticed that big expenses in the past that I thought “made me happy” were things that wore off weeks or sometimes even days after.
#entertainment
source
| 1,000 mlx | |
| 2 | |
| 0 |