357. Why do we doomspend?

357. Why do we doomspend?

We’ve all been there - telling ourselves that ‘life is short’ as we click add to cart. Whether it’s an expensive dinner, a holiday you can’t quite afford, or another ‘little treat’, doom spending has become the defining financial habit of our generation.

In this episode, we unpack why we spend when the world feels uncertain - the psychology, the emotion, and the cultural forces behind it. From dopamine and control to social media, fatalism, and escapism, we’ll explore how uncertainty reshapes our relationship with money and why buying things can feel like the only way to feel better.

We explore:

• Why spending can feel emotionally soothing and self-regulating
• How financial stress, uncertainty, and global instability fuel impulsive habits
• The rise of ‘little treat culture’ and the illusion of control
• The role of social media in pairing crisis with consumption
• Signs that your coping mechanism has turned into doom spending
• How to break the cycle - from doom saving to mindful spending

If you’ve ever felt the urge to spend when everything feels out of control, this episode is for you.

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Follow Jemma on Instagram: @jemmasbeg

Follow the podcast on Instagram: @thatpsychologypodcast

For business: psychologyofyour20s@gmail.com

The Psychology of your 20s is not a substitute for professional mental health help. If you are struggling, distressed or require personalised advice, please reach out to your doctor or a licensed psychologist.

See omnystudio.com/listener for privacy information.

Episoder(380)

379. I got an STD in my 20s, now what?

379. I got an STD in my 20s, now what?

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378. Your guide to surviving the dating apps in your 20s

378. Your guide to surviving the dating apps in your 20s

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26 Jan 47min

377. Why do we resist change?

377. Why do we resist change?

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376. 7 tips for moving to a new country in your 20s

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19 Jan 32min

375. The psychology of friendship trios

375. The psychology of friendship trios

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15 Jan 40min

374. The psychology of regret

374. The psychology of regret

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12 Jan 25min

373. Why rest makes us feel so guilty

373. Why rest makes us feel so guilty

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11 Jan 32min

372. How to rediscover your personality

372. How to rediscover your personality

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