“…The conceivable merits of a reliable and valid consumer wisdom scale are high, including, for instance, better understanding of consumer wisdom's associations with subjects such as retirement saving; personal hygiene practices; the use of Western conventional disease remedies versus Eastern and other alternative medicine practices; consuming soda, sugary food, alcohol, and tobacco products; materialism; compulsive buying; hoarding; and gambling. It could also stimulate investigations of consumer wisdom as a moderator variable in (Elgin, 1993); frugality (Lastovicka et al, 1999); mindfulness (Bahl et al, 2016); values-based choice (Huber et al, 1997); consumer lifestyle (Weinberger, Zavisca, Silva, 2017) Personal resource management Resource theories (Dorsch, Tornblom, & Kazemi, 2017); personal saving and saving orientation (Garbinsky et al, 2014;Dholakia et al, 2016); consumer spending and self-control (Haws, Bearden, & Nenkov, 2012); valuation of the future (Bartels & Urminsky, 2015); propensity to plan (Lynch et al, 2010) Consumer knowledge and expertise (Alba & Hutchinson, 1987;Sujan, 1985); purchase decision involvement (Mittal, 1989); values-based choice (Huber et al, 1997); robust satisficing (Schwartz, 2015); thinking, fast and slow (Kahneman, 2011) Emotional Mastery Avoidance of negative emotions Hierarchical approach to negative emotions (Laros & Steenkamp, 2005); regret (Tsiros & Mittal, 2000); dissatisfaction (Fournier & Mick, 1999); consumer emotional intelligence (Kidwell et al, 2008); temptation (Baumeister, 2002); guilt (Burnett and Lunsford, 1994); persuasion knowledge (Friestad & Wright, 1994 Consumer co-production (Etgar, 2008); borrowing & sharing (Belk, 2010); collaborative consumption (Belk, 2010(Belk, , 2014Scaraboto, 2015); gifting (Belk, 1996); escaping the market (Kozinets, 2002); voluntary simplicity (Elgin, 1993) Transcendence…”