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7 Psychological Money Traps

This article discusses 7 ways your brain tricks you into spending money you shouldn't or wouldn't if you weren't tricked by your very own self. Read about the 7 traps and what to do to avoid them: 1.The lure of 'free'2.The 'anchor-price' persuasion3.The instant-gratification attraction4.The dollars-to-donuts decoy5.The separate-buckets blunder6.The 'sacred-fund' slip-up7.The lost-money fallacy

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