Beware of the “productivity Cost” Trap
It’s nice to do things , but sometimes we fool ourselves into thinking that we are doing tasks that are not really very important – for example, buying things that we don’t really need.
Personal finance blog Brooklyn Bread explains:
If you can postpone the purchase and buying it now doesn’t save you money, then it makes more sense to postpone it. But my busy infected neurons tell me that I am achieving something by taking on the costs now … For example, checking my email 100 times a day, clicking on a purchase is an easy way to feel like we are doing something that we need to. make. If I really wanted to be productive in this little free moment, I had to schedule dinner for the next two evenings. It would actually be productive and save money if I didn’t place orders. I try to be more aware of the purchases that my brain disguises as “work.”
This post impressed me. I’ve been spending crazy money on Amazon lately since I moved to a new location. Adding a few household items to my cart here and there made me feel like I was doing something. In a way, deleting these items from my shopping list increased my productivity. The problem is that I was wasting a lot of time , plus the cost of this “high” can go up.
This does not mean that you should never buy things that you need or need. However, it’s easy to convince yourself that shopping is productive and can be a dangerous trap for your finances. To learn more about this, head over to the full Brooklyn Bread post at the link below.
The Productivity Spending Trap | Brooklyn Bread via Rockstar Finance