Money and attention affect how we experience pain and joy. People tend to feel worse when paying with cash compared to using a card. If a restaurant charges you $1 for a spoonful of food, your enjoyment diminishes because you focus more on the cost than the food itself. To reduce spending, you should make spending feel painful. For example, paying with cash rather than a credit card usually leads to less spending. Automatic debit can become a trap. A study shows electricity use increases by 4% when bills are paid via direct debit. Managing spending involves controlling how much importance you give to it. Ultimately, to reduce expenses, we need to change the system and how it’s structured. - Joseph’s “just my thoughts”
A price starts with a ‘declaration,’ is maintained by people giving credit to it, and fluctuates with the laws of supply and demand . The starting point of the price is not determined by people’s recognition, but by my own insistence. In other words, if you cannot assert yourself, you cannot start a business, and even if you sell your labor, you cannot receive a proper salary. Value formation is not a matter of good or bad abilities, but rather about being assertive. If you are not good at asserting your own price , even if you have excellent abilities and skills, then you have to live by the values set by others. - Joseph’s “just my thoughts”