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Another widespread misconception is that buying more possessions equates to happiness. Many individuals, under financial strain, may turn to retail therapy in hopes of alleviating stress, only to find that the fleeting satisfaction diminishes quickly. Over time, an attachment to material goods can lead to financial drain, rather than fulfillment.
This realization often comes with a shift toward minimalism. Through this lens, accumulating possessions no longer seems appealing; rather, focusing on experiences and personal growth gains prominence. Prioritize spending money not on items that lose value but on creating a lifestyle that promotes happiness and fulfillment.