Giving Into FOMO
Social pressure can easily dissuade us from saving money/ The ‘fear of missing out’ is something experts bring up more and more frequently when talking about budgeting. Since it’s so easy to get caught up in the latest trends, it’s important to stay aware of the dangers of overspending.
Commercials are meant to attract you. Some are even designed to make you think that if you don’t take advantage of the latest deal, you’ll be left out.
But here’s the thing. There are no deadlines for goods. It’s in the interest of companies to sell as many products as possible so why would they remove them for their shelves if they are so amazing? Patience will save you a lot of money in the long run.
