Join us for a conversation with Jennifer Johnson, Certified Financial Planner at Three Magnolias Financial Advisors, as we dive into the topic of buyer's remorse, especially concerning major summer purchases. Jennifer and discusses the phenomenon of impulse buys during vacations, such as cars, RVs, and vacation homes, and the financial stress that can follow these decisions.

Jennifer shares personal anecdotes and insights from a Wall Street Journal article titled "What Was I Thinking? The Big-Ticket Items People Regret," shedding light on the common regrets people face after purchasing high-end items like RVs, second homes, luxury watches, and more. She also explores strategies to avoid buyer's remorse, such as waiting periods before making a purchase and evaluating whether the item solves a problem or removes negativity from your life.

Tune in to hear practical advice on how to approach big purchases thoughtfully and avoid common pitfalls. 

STORY: https://www.wsj.com/personal-finance/expensive-purchases-money-regrets-93828047

The Triad Podcast Network is proudly sponsored by The Ginther Group Real Estate, Ashley McKenzie-Sharpe of Highlands Residential Mortgage, and Three Magnolias Financial Advisors.