281: Scarcity and Emotional Spending with Financial Expert Brie Sodano

Maximized Minimalist Podcast

Katy Wells

Decluttering, Education, Self-improvement, Health & Fitness, Intentional, Moms, Minimalism, Mental Health, Simplify

4.8 • 879 Ratings

🗓️ 20 November 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hey there, friend! This week on The Maximized Minimalist Podcast, we’re diving into something I KNOW so many of us deal with—scarcity mindset and emotional spending. And to help us unpack it all, I brought on financial expert and author Brie Sedano. Let me tell you—this convo is packed with golden nuggets that’ll leave you thinking, Wait, how did she get in my head?

We’re talking about why scarcity isn’t just in your mind (spoiler alert: it’s also in your body!), how it triggers some not-so-great spending habits, and what you can do about it. Plus, Brie’s new book, Cash Confident: Practical Money Management for the Modern Woman, is a total game-changer. Think of it as your step-by-step guide to ditching money guilt and building systems that actually work for YOU.

And oh, the stories we share—like, who knew scarcity mindset could show up as hoarding granola bars or buying one more lipstick you’ll never wear? If you’re ready to get real about money without the shame or judgment, this episode is for you.

Here’s What You’ll Learn:

Why scarcity mindset isn’t just in your head—and how it hijacks your decision-making.
The surprising connection between emotional spending and self-worth.
Why you don’t need a budget (yes, really) and what to do instead.
How to tune into your body’s cues to avoid WTF money moves.
The secret to letting go of money guilt—and actually enjoying what you buy.

Links Worth Clicking:

Brie’s New Book: Cash Confident: Practical Money Management for the Modern Woman
Clutter-Free Gift Guide 🎁: Ready to simplify your gift-giving this holiday season? Grab my guide for just $3!
75 Things to Declutter (Free Guide): Need a quick win? Download my free guide for fast results!
14-Day Challenge: Ready to tackle clutter? Join my next challenge and transform your space!
Home Management Blueprint: Get a personalized plan tailored to YOU! Start here.
Follow Me on Instagram: Let’s connect! Follow me for tips and inspo.

Transcript

Click on a timestamp to play from that location

0:00.0	What does it mean to live more with less? I'm Katie Wells and welcome to the Maximized Minimalist
0:07.3	podcast. If you found yourself caught up in the hamster wheel of modern day motherhood and want to
0:13.8	rewrite the script, congratulations you're in the right place. I'm here to be your guide and help
0:19.9	you take back your motherhood and achieve a
0:22.2	simpler, more joy-filled life. Cheers to being a maximized minimalist. Enjoy the show. Welcome to the show,
0:30.9	Bree. Hello. Thanks. I love being here with you. Okay. I want to dive right in because I was up early this morning
0:39.3	thinking about our interview, thinking about this chat. And I can't wait because I know I'm
0:44.3	going to have some takeaways. As usual, you always give so many gold nuggets. But today's
0:48.2	conversation really is going to be about like this scarcity mindset, which I think, especially as
0:53.4	we're in the holiday season,
0:54.7	tends to come out even more. And you can correct me if I'm wrong as we talk more about that.
0:58.6	And then emotional spending, which tends to be a doozy for a lot of us, 365 days a year,
1:05.1	maybe a little bit more in the holidays as well. So what is scarcity mindset, in your opinion,
1:13.6	as a financial expert? How do you see it come up?
1:19.2	And how does it influence our spending habits specifically? So scarcity, what's interesting is scarcity gets like a lot of talk about a mindset around it. But scarcity is it's actually a physiological
1:24.7	response in addition to a mindset. So a scarcity mindset is basically
1:29.2	based on belief structures that say that there's not enough. That could really be about any of
1:33.8	your resources, not enough time, not enough money, not enough energy, not enough granola bars,
1:38.4	like whatever, when you feel like there's not enough, or you have a belief in general that
1:43.7	there's not enough, that would be belief in general that there's not enough,
1:44.6	that would be like a scarcity mindset. And we live in a culture that really talks about that.
1:49.5	Like, you know, a lot of people's like first thought of the days, like I didn't get enough
	...

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