The Cashless Effect | Why You’re Spending More Than You Think
Have you ever wondered why you always seem to spend more money when you don't physically see it? In this video, we take a look at The Cashless Effect. It might surprise you how technological ways of paying like Google Wallet, Apple Pay, and even simple credit card tapping solutions make it easier for you to lose your money. Enjoy!
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Additional Reading:
Why does paying without physical cash increase the likelihood that we purchase something?
thedecisionlab.com/biases/cas...
Cashless Effect
www.coglode.com/research/cash...
Cashless Effect And Why It Matters In Business
fourweekmba.com/cashless-effect/
Пікірлер: 14
"pain of payment" is a concept i never thought about. thanks for sharing!
@MindfulThinks
6 ай бұрын
Glad you found it interesting!
One of the most underrated channel.
Thought-provoking topic! Cool video 👍
@MindfulThinks
6 ай бұрын
Thanks! Glad you liked it 🙂
This is similar with Loss Aversion... something psychology from Dr K videos I've watched recently 😮
Great video, keep it up
Nice!
This video and this comment section are what youtube is all about. Thanks
@MindfulThinks
6 ай бұрын
Thank you all for watching!
Keep up the good work! I can see this being hundred thousands/million subscribers channel soon!
@MindfulThinks
6 ай бұрын
That’s very nice of you to say! We will see, maybe one day :)
i love your channel!!!!
@MindfulThinks
4 ай бұрын
Thank you! More videos coming soon!