Tag Archives: Bottom-Dollar Effect

Bottom-Dollar Effect – How You Can Spend Money More Reasonably

Bottom-Dollar Effect

Even couples of years ago, I was regular at a shopping mall with a pack of my friends. I used to be driven by habit of impulsive buying. Fortunately, I was quick to discover that satisfaction gained from spending on new buys was getting lower with diminishing penny supply. In other words, I was getting diminishing marginal return from every penny spent. The soft pretzel or a pair of bangles ...

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