Summary of Sally Palaian's Spent
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#1 When Eric arrived at my office, he was furious. His wife, Susan, had spent years staving off this dreaded day. She had to either stop spending or lose her marriage. She had spent years blowing up and refusing to discuss money during premarital counseling with the priest.
#2 Susan was lucky that her husband challenged her to change. She turned to the practical and psychological tools outlined in this book, and in therapy she learned how to survive without credit cards.
#3 The advertisements that companies run on television and in magazines are some of the most sophisticated and effective marketing campaigns around. They first remind you of your human fallibility and personal insecurities, and then promise you redemption from those feelings with their products.
#4 The modern culture is accustomed to using credit. It is easy to get credit, and credit allows you to buy whatever your credit limit will allow. This system leads to overconsumption, which is the consumption of more than you need.
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Summary of Sally Palaian's Spent - IRB Media
Insights on Sally Palaian's Spent
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 1
#1
When Eric arrived at my office, he was furious. His wife, Susan, had spent years staving off this dreaded day. She had to either stop spending or lose her marriage. She had spent years blowing up and refusing to discuss money during premarital counseling with the priest.
#2
Susan was lucky that her husband challenged her to change. She turned to the practical and psychological tools outlined in this book, and in therapy she learned how to survive without credit cards.
#3
The advertisements that companies run on television and in magazines are some of the most sophisticated and effective marketing campaigns around. They first remind you of your human fallibility and personal insecurities, and then promise you redemption from those feelings with their products.
#4
The modern culture is accustomed to using credit. It is easy to get credit, and credit allows you to buy whatever your credit limit will allow. This system leads to overconsumption, which is the consumption of more than you need.
#5
The sheer multitude of product choices in the American marketplace influences financial behavior. With so many options to choose from, we believe we should be able to select and own the best of everything.
#6
Money problems are more complex than just the compulsive spender and the miserly hoarder. In reality, people with money problems express them in many different ways.
#7
You will learn about different types of people with money troubles: compulsive spenders, money averters, and hoarders. You will learn how to understand your relationship with money, and how to change it if you need to.
#8
Part two of the book is dedicated to providing you with tools to change your life. You will take stock of your situation through a series of questionnaires, and learn how to stop using credit cards, organize your financial papers, and keep track of all your spending.
#9
You can find freedom and peace of mind about