48: The Diderot Effect and Out of Control Spending

This is a fascinating topic to me illustrated by the cautionary tale of Denis Diderot. He lived in poverty before getting a huge windfall that he proceeded to spend on frivolous purchases. We don't have to make the same shortsighted mistakes.Links from the show:James Clear on the Diderot EffectUnderstanding The Diderot Effect To Overcome OverspendingThe 'Diderot Effect' Explains Why It's So Easy To Feel Like You Never Have, Or Do, EnoughThe Diderot Effect: Master It Or You Will End Up Broke==============================Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $10, no purchase necessary.Cash App has low fees and Bitcoin only. Get $5 when you sign up with me linkI have a Roth IRA with Choice to buy Bitcoin in a tax sheltered account. Traditional IRA's are also available. We both get $50 in Bitcoin when you open and fund an account, plus daily chances to win Bitcoin.Swan Bitcoin: Lower fees than Coinbase with a strong focus on educationGiddy waitlist - A simple to use DeFi appMy TwitterMy Youtube==============================Feel free to schedule 15 minutes with me.Note: Swan Bitcoin is my only affiliate relationship - the rest are mutually beneficial referral links.