38 min
Conspicuous Consumption Unlearning Project
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- Self-Improvement
You probably know someone who’s always showing off their latest purchase- maybe it’s gourmet lunch, a new car, the latest tech - you name it. When someone buys goods or services in an attempt to show their success, they are participating in conspicuous consumption. These days, everyone posts on social media doing “humble brags” about their life, and even if they don’t intend to showboat their status, that’s exactly what’s happening. Even something so seemingly innocent as vacation pics can be revealing of your status.
No matter what you share, there’s always someone reading into it and wishing they had that money, time, experience, freedom, etc.
The entire point of achieving Financial Independence is to have a steady cash flow, work less hours, and spend more time with your family. When consumption is purposeful and when each purchase is meaningful, you’ll automatically feel more fulfilled, no matter your financial status or achievements.
In this episode, listen for
Instead of spending money on luxuries that may or may not last, foster connections with the humans you care most about. When purchasing a car, television, or other items, consider whether it’s a smart purchase over the long term, rather than participating in the latest flashy trends. You’ve seen ads portraying the “ideal” retirement lifestyle, but is that what you want your retirement to look like?
Long-term investing helps attain the financial freedom you desire, but circumstances change. Are you so impressionable that huge corporations can say anything and you’ll believe it?
Corporations suffer little-to-no consequences for false claims or poor products while the general public suffers as a direct result of decisions they made. Think about all the scams in just the past 10 years - Volkswagen, Purdue Pharma, HSBC, etc. This is the point at which trust is broken. Instead of being easily swayed, use your better judgment, do your research, and decide the truth for yourself.
www.unlearningproject.org
You probably know someone who’s always showing off their latest purchase- maybe it’s gourmet lunch, a new car, the latest tech - you name it. When someone buys goods or services in an attempt to show their success, they are participating in conspicuous consumption. These days, everyone posts on social media doing “humble brags” about their life, and even if they don’t intend to showboat their status, that’s exactly what’s happening. Even something so seemingly innocent as vacation pics can be revealing of your status.
No matter what you share, there’s always someone reading into it and wishing they had that money, time, experience, freedom, etc.
The entire point of achieving Financial Independence is to have a steady cash flow, work less hours, and spend more time with your family. When consumption is purposeful and when each purchase is meaningful, you’ll automatically feel more fulfilled, no matter your financial status or achievements.
In this episode, listen for
Instead of spending money on luxuries that may or may not last, foster connections with the humans you care most about. When purchasing a car, television, or other items, consider whether it’s a smart purchase over the long term, rather than participating in the latest flashy trends. You’ve seen ads portraying the “ideal” retirement lifestyle, but is that what you want your retirement to look like?
Long-term investing helps attain the financial freedom you desire, but circumstances change. Are you so impressionable that huge corporations can say anything and you’ll believe it?
Corporations suffer little-to-no consequences for false claims or poor products while the general public suffers as a direct result of decisions they made. Think about all the scams in just the past 10 years - Volkswagen, Purdue Pharma, HSBC, etc. This is the point at which trust is broken. Instead of being easily swayed, use your better judgment, do your research, and decide the truth for yourself.
www.unlearningproject.org
38 min