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What could possibly be bad about that?
Well, turns out, it all depends.
It is alluring because costly purchases are justified by how much is saved, Marter wrote.
When FOMO Leads to Oh No
Youre bored.
Or feeling a bit down.
So, youre scrolling.
And in your scrolling, you see the magic word: Sale.
Well, youve needed a new insert whatever your heart desires here so why not explore?
Those feel-good brain chemicals will last until the packages arrive.
The shoes dont fit as well as youd hoped.
The clothes arent as chic as they looked online.
Youre staring down at those garden pots you bought and realizing you dont have enough deck space.
You get the point these purchases just arent something you really needed, or even wanted.
Marter, who studies human behavior, admits she sometimes falls into FOMO spaving herself.
She once bought a large quantity of pricey skincare products to save money per item.
Now the products are expiring and Im throwing money in the garbage can, she said.
Spaving can reduce access to cash or credit, which can cause financial hardship in the near future.
To break the cycle, implement a simple rule: Institute a 24-hour waiting period before making purchases.
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