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In this episode, Ryan explores the “Bermuda Triangle of retail” where logic vanishes and unplanned spending takes over. The average consumer spends $450 a month on impulse purchases, driven by calculated retailer strategies like store layouts that force you past tempting items to reach essentials. We dive into the dopamine-driven “shiny want now” reflex and how emotional “retail therapy” bypasses our rational brains
Key Takeaways:
• The 30/30 Rule: Wait 30 minutes for items under $30 and several days for purchases over $100 to allow your “rational brain” to catch up
• Mindful Questions: Ask if you would buy the item if it weren’t on sale
• Cash is King: Physically handing over dollars makes spending feel more painful and real compared to digital clicks.
By Ryan AndersonIn this episode, Ryan explores the “Bermuda Triangle of retail” where logic vanishes and unplanned spending takes over. The average consumer spends $450 a month on impulse purchases, driven by calculated retailer strategies like store layouts that force you past tempting items to reach essentials. We dive into the dopamine-driven “shiny want now” reflex and how emotional “retail therapy” bypasses our rational brains
Key Takeaways:
• The 30/30 Rule: Wait 30 minutes for items under $30 and several days for purchases over $100 to allow your “rational brain” to catch up
• Mindful Questions: Ask if you would buy the item if it weren’t on sale
• Cash is King: Physically handing over dollars makes spending feel more painful and real compared to digital clicks.