Thursday, November 8, 2012

Understanding Impulses help with Finances

“An impulse is a wish or urge, particularly a sudden one. It can be considered as a normal and fundamental part of human thought processes, but also one that can become problematic, as in a condition like obsessive-compulsive disorder.”

Most problems can be fixed by learning to controlled impulses. I will only focus on the financial aspect of impulses.

Impulses is a little bit like brain washing yourself to think that you need an item. It can be to the point where you think you can’t be happy without it. You know you have an impulse when the feeling goes away as soon as you buy the item.
Advertisement are design to create such needs and, while it’s impossible to block all ads from entering our mind, we should minimize our exposure to them.

Revision Wednesday
Blog post edited/re-posted on June 3, 2015

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