How 'doom spending' is about more than just consumer behaviour
rte.ie
rte.ie
For instance, we have a monthly savings goal of $200 instead of $300 because we remove hundred bucks for immediate enjoyment.
It is not bad in and of itself because it gives us the sense of enjoying the fruit of our labour while making the savings or investment also a possibility. It creates a peculiar satisfaction of eating your cake and having it back.
The downside is that the future funds would fall a bit short of what you'd have if saved or invested fully.
It is worth the cost if you ask the young people today