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An image of the Financial Freedom Dude sitting at a table with the text Dude Talk The Psychology of spending

The Psychology of Spending: Why We Buy Things We Don’t Need

The article discusses the psychology behind spontaneous spending and how companies manipulate consumer behavior. It identifies four common traps: the “Feel Good Now” trap, the sale illusion, the social proof effect, and the “Future Me” excuse. Understanding these can help consumers make intentional spending decisions and achieve financial freedom.