Ah Hype. That wonderful, exciting, super-charged stuff that makes us buy whatever it’s being applied to. Well, I’ll let you in on a little secret:
Hype is almost always a bad thing.
The Problem
The problem with hype is that it makes us buy on an emotional level instead of a rational one, which is never a good idea as you will eventually come back down to earth and realise that you have made a mistake (also known as Buyer’s Remorse). But by then it’s all too late and you have spent the money on something that you could of done without.
Resisting Hype
The hardest part of resisting hype is taking back control of your senses. What you need to do is stop and take a breather before you dive right in and part with your money.
Ask yourself a couple of rational questions like “Do I really need this?” or “I was happy yesterday without it, will I be happy tomorrow without it?” And you need to remove yourself from the hype for a while. Tune out from it and give yourself some time to chill.
Why Should I Avoid Hype?
Here are the top five reasons to stay away from anything that is hyped:
- It probably isn’t that good anyway (if it was that good they wouldn’t need to hype it)
- It will cost you a lot more than you wanted to spend
- You most likely don’t need it (after all your life was perfectly fine before you heard about said product or service)
- Your decision to buy is due to emotions rather than rational thought (which is never a good idea)
- You will save money
So before you try and sell your own Grandmother to get a hold of said hyped object, have some quiet time and ask yourself whether you really need it. It will save you a lot more than just money.
Image Credit: stallio
Author Info
This article was written by Russ – the founder of MonoMoney.com and total geek. Feel free to contact him via this website and let him know how well he is doing. Or just leave a comment below.
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