Uploaded May 2019 | Updated September 2026, 1 hour ago
Whenever you buy on impulse, you cost yourself two ways. The first way is the least expensive and most obvious: the cost of buying something that you'll either seldom if ever use or that gets consumed minutes after you buy it. The second far more devastating way is the money you could have gotten from investing the money used on impulse buying, effectively denying yourself the power of compounding. This may have already cost you millions without you even knowing it.
If you liked this video and want to see more like it, check out the playlist:
youtube.com/watch?v=fizhM1oDLm4&list=PL65EJ88idlKW21r3lqFCftmxNizMcMsRe
Compound interest calculator:
keisan.casio.com/exec/system/1234231998
Whenever you buy on impulse, you cost yourself two ways. The first way is the least expensive and most obvious: the cost of buying something that you'll either seldom if ever use or that gets consumed minutes after you buy it. The second far more devastating way is the money you could have gotten from investing the money used on impulse buying, effectively denying yourself the power of compounding. This may have already cost you millions without you even knowing it.
If you liked this video and want to see more like it, check out the playlist:
youtube.com/watch?v=fizhM1oDLm4&list=PL65EJ88idlKW21r3lqFCftmxNizMcMsRe
Compound interest calculator:
keisan.casio.com/exec/system/1234231998
