The Diderot Effect: How to Avoid Overspending

Scott Pulsifer, CFA, CFP®, Financial Life Planner and Managing Partner of Junto Wealth, discusses how overspending and spiraling consumption can be the equivalent of financial quicksand. He describes the Junto Wealth “Thinksheet” – a tool to help you frame your thinking around spending and consumption, understand the true cost of purchases, and make better decisions.