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5 Reasons Why You Overspend and How To Stop It

5 Reasons Why You Overspend and How To Stop It

FromIt's Not About The Money


5 Reasons Why You Overspend and How To Stop It

FromIt's Not About The Money

ratings:
Length:
19 minutes
Released:
Oct 4, 2021
Format:
Podcast episode

Description

Overspending and impulsive financial decisions are coping mechanisms and a distraction from what is really going on. Spending gives our brain a reward, a fleeting “high”. We often act from an emotional irrational state that leads us to make bad decisions or bury our head in the sand. I explore exactly why overspending occurs including the science behind it. Once we have discovered the why, we can then explore the how. In this episode: 5 top tips on how we can prevent overspending from happening The things that happen when we are acting from our emotional irrational state How the link between trauma and addiction can affect our spending Why we need to look at healing our relationship with money to help break bad habits with our spending How changing our behaviours from reactive to proactive will increase our bank balance The importance of creating a delay before making a purchase and why that can have a massive impact   Resources: Join The Money Circle Join Catherine’s Facebook Page and FREE Facebook Group My Online Courses – Investing for beginners from £1 Catherine’s YouTube Channel  Connect with Catherine on Twitter, Instagram and Facebook
Released:
Oct 4, 2021
Format:
Podcast episode

Titles in the series (100)

It’s not about the money is for women in business who know they want to make more money whilst holding onto more money and growing an abundance of wealth. You're tired of overgiving, undercharging and being stuck in a scarcity money mindset. You know you have it in you, you just need financial confidence and an abundant mindset. You're excited and ready to learn what it takes to make more money, invest and step into wealth. Hosted by Catherine Morgan, Author, Award-winning Financial Wellbeing Speaker, Financial Coach and Trauma-informed coach. You'll learn the steps to create more wealth, grow your business, and have a better relationship with money. This is the show for you to feel good with money and to explore the meaning beyond wealth. This podcast is the one to listen to if you're a female entrepreneur. ‘Formerly the In Her Financial Shoes Podcast.’