We need to be aware of the reality distortion field of many advertising campaigns and slow down before making any impulsive decisions based on our emotions. We need to seriously consider why we are buying a certain product and if there is a practical need to upgrade.
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People usually make impulsive decisions and take shortcuts while stressed out. A 16th-century Catholic mystic, Ignatius, provides us with some methods of discernment and decision-making, which are still relevant today.
Having a strong emotional connection with the brand makes many of us succumb to the famous reality distortion field, where we are absolutely okay with paying top dollar for their products.
The truth is we are not buying the product, but are enhancing our own identity due to the su...
Anchoring is an extremely strong bias, and even if we are aware of it, it still works. We can follow certain rules to avoid this highly prevalent and effective cognitive bias as much as possible:
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