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#29: Your Friends Influence Your Shopping Decisions More Than You Think

#29: Your Friends Influence Your Shopping Decisions More Than You Think
Oct 8, 2020 · 12m 36s

The people close to you influence your spending choices more than you think. To make wiser shopping decisions, be aware of how your choices are influenced and commit to only...

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The people close to you influence your spending choices more than you think. To make wiser shopping decisions, be aware of how your choices are influenced and commit to only purchasing things for their practical value. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes why your friends influence your shopping decisions more than you think.

This article forms the basis for this episode: https://disasteravoidanceexperts.com/your-friends-influence-your-shopping-decisions-more-than-you-think/

Make sure to register for the FREE Wise Decision Maker Course and get a FREE copy of the "Assessment on Dangerous Judgment Errors in the Workplace" as part of the first course module https://disasteravoidanceexperts.com/subscribe/

Get the book that describes in much more depth how successful leaders avoid dangerous judgment errors and make the wisest and most profitable decisions. "Never Go With Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters" https://disasteravoidanceexperts.com/nevergut

Other articles relevant to this episode:

Decision Maker Movement Manifesto
https://disasteravoidanceexperts.com/wise-decision-maker-movement-manifesto/

How to Evaluate Unconscious Bias Caused by Cognitive Biases at Work
https://disasteravoidanceexperts.com/how-to-evaluate-unconscious-bias-caused-by-cognitive-biases-at-work/

8 Key Steps for Effective Leadership Decision Making to Avoid Decision Disasters
https://disasteravoidanceexperts.com/8-key-steps-for-effective-leadership-decision-making-to-avoid-decision-disasters/

8-Step Leadership Decision-Making Process for Making the Best Decisions
https://disasteravoidanceexperts.com/8-step-leadership-decision-making-process-for-making-the-best-decisions/

8 Key Steps to Prevent Failure in Implementing Decisions or in Managing Projects and Processes
https://disasteravoidanceexperts.com/8-key-steps-to-prevent-failure-in-implementing-decisions-or-in-managing-projects-and-processes/

How to Make Decisions Quickly
https://disasteravoidanceexperts.com/how-to-make-decisions-quickly/

10 Steps for Strategic Planning to Defend Your Future
https://disasteravoidanceexperts.com/10-steps-for-strategic-planning-to-defend-your-future/

12 Mental Skills to Defeat Cognitive Biases
https://disasteravoidanceexperts.com/12-mental-skills-to-defeat-cognitive-biases/

The Wise Decision Maker Show is produced by Disaster Avoidance Experts and Dr. Gleb Tsipursky
https://disasteravoidanceexperts.com/wdmg/

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Comments
Beatrice Sargin

Beatrice Sargin

3 years ago

Great episode! Thanks for sharing this message.. The people close to us do influence our spending choices more than we tend to think. Hence we must commit to only purchasing things for practical value.
Jo Anne Aranton

Jo Anne Aranton

3 years ago

I couldn't agree more but over time I really tried to be careful with my spending. I really appreciate this kind of article because it reminds me of the way I should handle my finances.
James Melvin Claver

James Melvin Claver

3 years ago

This is true! friends has a lot of influence in spending my choices like they were the one's who's buying the item. Being wary of what to buy and only commit on what to buy can really become a wise buyer
Tasnuva Tonny

Tasnuva Tonny

3 years ago

Often I face this when I go to shopping with my friends. Some of my friends are junk food lover so when they order junk food I also order the same even I don't think either its good for my health or not. I agree that friends Influence our shopping decisions more than we think. Sometimes I take wrong decisions which is influenced by my friends & near people. This podcastcast will help me alot to take proper decision from now onwards. Will recommend this podcast to my friends.
KaMejias

KaMejias

3 years ago

Very insightful podcast, True, friends influence your buying choices but we shouldn't fall to this trap. We have to learn to be practical and not to overspend. Surround yourself with friends who are already moms and wives. They influence you to the best practical choices. Always bring along your shopping list and if it's not there, then it's not worth the purchase.
Alex Villacorta

Alex Villacorta

3 years ago

I agree that we should be aware of how our choices are influenced and commit only to buy things for their practical value. I enjoy this podcast and thanks for sharing!
June Lyn

June Lyn

3 years ago

This is such a good read. There's a saying "Tell me who your friends are, and I tell you who you are." In my case, I admit that my friends have influenced me a lot with my spending habit in food, that when they ordered online, I also do because what I think is I don't what to be left behind or for me to be in with the group. Thanks for this article, I was able to know about the social comparison bias that needs to be eliminated. I will share this for the information of everyone.
Epifanio Lago Jr.

Epifanio Lago Jr.

3 years ago

This is really true because of peer pleasure I was able to buy things which not necessary thanks for sharing this It will help me to save a lot
Kh. Monjurul Karim

Kh. Monjurul Karim

3 years ago

I think it's a great audio clip about shopping decisions. I agree that sometimes we made mistake when we listen to the bad choices of our closed people. It'll definitely help me to make my decision more efficiently. Thanks for sharing.
Shafayet karim

Shafayet karim

3 years ago

Very helpful podcast! I agree that our close people influence us spending our choices. To make wiser shopping decisions, We should be aware of how our choices are influenced and commit to only purchasing things for their practical value. Thank you for sharing this podcast.
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