Before you drop your hard-earned cash on something big, stop and think it through. Yanely Espinal talks to financial educator Mykail James about how to be more intentional when making big purchases in your life, and what to do if you have regrets afterward.  

Think you’re financially inclined? Dig deeper into the world of smart purchasing:

• Read more on impulse buying
• A psychologist’s tips for avoiding buyer’s remorse
• Listen to stories about buyer’s remorse for pandemic purchases

Are you in an educational setting? Here’s a handy listening guide.

We’d love to hear what you learned from this episode of “Financially Inclined,” or any questions you’d like us to answer next time. You can shoot us an email at [email protected] or tell us using this online form.

This podcast is presented in partnership with Greenlight: the money app for teens — with investing. For a limited time, our listeners can earn $10 when they sign up today for a Greenlight account.