Money tips: *
1. Always pay for snacks in cash if you’re trying to eat healthy.
2. When you are about to buy something on a credit card, imagine taking the equivalent money out of a cash machine. Would you still want to spend it? Only if you would, should you go ahead and buy the item.
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5. If your headache is really bad, buy the more expensive branded pain relief, even though you know it contains the same ingredients as the cheap stuff. It really might reduce the pain more quickly.
6. Choose a more expensive all-you-can-eat buffet rather a cheap one, if you want to enjoy the food and not feel overly full.
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8. If you buy a product and the shop gives you a choice of three, don’t let the expensive one sway you toward the middle one…
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10. Never tell an estate agent who come to evaluate your house the valuations the other agents gave you, until they’ve given you theirs.
11. In negotiations, always name your price before other person does, unless you really have absolutely no idea what price is appropriate.
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13. If you want to bribe schoolchildren to do better, pay them to do specific tasks and tell them how to do it. Don’t just pay them for better grades.
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15. Never offer to pay friends for favors.
16. Only introduce incentive scheme if you can afford to keep paying for it in the long run.
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18. Don’t tell your children their drawing is the best you’ve ever seen. Instead praise the effort and the way they went about the task.
19. If you are setting an asking price for something you want to sell, try to imagine you don’t own it.
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29. If you want to spend your money on making yourself happier, buy experiences rather than material goods (or if you want to buy material goods maker sure they lead to good experience).
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32. Before you focus too much effort on trying to get a promotion to a job that’s less fun than the one you do now, remember that making more money might, but not necessarily, make you any happier.
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* “Mind Over Money, the psychology of money and how to use it better, ” by Claudia Hammond
2017/8/10 Mind Over Money Damakey
