Hi Satsmate Stackers,

We are at that time of year when we are filled with consumerism and shopping until we drop. Countless people buy, buy, and buy because it is ingrained in the American way. In today's podcast, I am going to talk about my thoughts on Black Friday/Cyber Monday deals and what we can do this time around. Specifically, I discuss the following in detail:

• We live in a world where we are constantly trying to buy more stuff, but to what end?
• Story of my Grandpa, and certain people in my family (the junk addiction, the Amazon addiction, and filling the void)
• If you have so much stuff, what of that really has any value?
• First grandpa, then parents, and next me
• We packed a bunch of stuff in boxes in anticipation of a move
• 12-14 boxes filled with stuff, haven’t used any of it in over a month.
• If I really can live without it for that long, can’t I live without it for longer…With that, do I really need it at all?
• Black Friday/Cyber Monday is a psy op to help companies' bottom lines, and further enrich the shareholders
• They raise prices by 30% over the months that follow, and then say Look, 20% discount
• If they are slashing prices by 20-30%, they aren’t taking a loss - they still have substantial margins built into everything
• Think about previous black Fridays, what do you still use?
• Try to follow a minimalist path, and reduce your exposure to “stuff”; often, in the long run, it will end up in a landfill, a garage sale, or sold for pennies on the dollar
• Maybe instead of buying stuff for black Friday, buy stocks in the companies you were about to shop at
• At least you are developing the asset-buying mindset instead of the consumer mindset
• Think about what you can do to stop falling into the mindset. If you do buy something, then make sure you were going to buy it regardless of black Friday
• In tough economic times, pay off debt, earn more money, cut out waste and clutter in your life, and try to be focused on acquiring what really matters (i.e., healthy food, a long-term residence, and timeless things)

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards,

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved! https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L
https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing. With investing, you risk losing money, always read an invest

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