Carolina Perez Sanz, PhD by Carolina Perez Sanz

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#29–Is decisiveness an antidote against money ghosts?

What I've learned about money ghosts selling coffee machines

#29–Is decisiveness an antidote against money ghosts?

I could be totally making this up, based on some anecdotal observations of how people buy coffee machines (which isn't a "major" purchase like a house or a car, nor is it a need, like a fridge or a washing machine).


What I've observed is that there are two types of buyers:




After years of helping people to make more money through their career, now seeing how they spend money fascinates me.


My hypothesis is those who have more clarity about what they want to spend their money in are high-earners.


Those with an Underearning Mentality, on the contrary, waste time fussing around, negotiating with themselves–should I buy or should I not? Feeling guilty if they spend, deprived if they don't.


There are also those with fewer resources but who don't have "money ghosts." My guess is that they also make buying decisions quickly: either they want something AND have the money to buy it and so they do (with no guilty feelings), or they don't (and move on).


So, I wonder: is difficulty deciding, the let-me-think-about-ness, another sign of the Underearning Mentality? Would forcing oneself to make fast buying decisions an antidote against "money ghosts?"


Love,

Carolina


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