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You're secretly hurting your financial health
I'm sure you've done it; I have done it myself. We use our voice of reason to justify spending. "This jacket has seen better days" or "Guests need to see that I have the newest stuff." I just know you have a good excuse you've come up with.
As it turns outs a behavioral expert, Daniel Crosby, Ph.D. call this the "junk food of personal decision making." Easy in a pinch, but detrimental for long-term health. Of course the first step is admitting there is a problem.
Here are four common ways we justify our spending:
1. It's for a good cause.
After...
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