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On Purpose with Jay Shetty

8 Ways We Waste Money and 8 Ways to Manage it Better

On Purpose with Jay Shetty

iHeartPodcasts

Health & Fitness, Business, Mental Health

4.828.5K Ratings

🗓️ 3 May 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

This week, we're talking money.Do you feel you manage your money well or is there room for improvement? Whether it's skipping the Starbucks in the morning or learning how to invest, there are many ways to go about it.Listen to my 8 practical tips to help you save money and all the habits you can implement in order to improve your relationship with money.

Transcript

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0:00.0

Money can't buy you happiness, but poverty can't buy us anything.

0:11.1

Hello everyone, welcome back to On Purpose. I am so happy, so grateful that you're here every single week to learn,

0:19.9

to grow, to make a difference in your life and in the lives of others.

0:23.9

We're building a conscious community of change makers, all of you want to change your own life and change the lives of others and make impact in this world.

0:34.4

You're definitely in exactly the right place. Thank you for sharing your insights, your takeaways, the principles you're learning from these episodes.

0:41.6

On Instagram, on Twitter, on Facebook, I'm always looking out to learn from what you're learning.

0:47.6

And make sure you've subscribed and rated this podcast. We now have thousands of five star reviews, which means so, so much to me.

0:56.0

And today's episode is going to be incredible. It's going to be super tactical, practical and applicable to each and every one of our lives.

1:05.6

Because it's all about the eight ways we waste money and eight ways to manage it better.

1:14.7

Now, I know what you're thinking. Don't turn off right now. We've all wasted money. Me too, in my life, I've made so many bad money decisions.

1:24.1

And that's why I thought it was important to put this at the forefront of our minds.

1:29.4

The incredible thing is, I'm sure you've got something lying around in your house, maybe an object, maybe an item of clothing, maybe a gadget, maybe some sort of tech that cost a lot of money.

1:42.8

And it's still sitting there, gathering dust. You've never worn it. You've never used it.

1:47.6

You couldn't return it for whatever reason. And you look at it and it pains you as to how much money was wasted on it.

1:54.2

It might even be an embarrassing piece of clothing that once upon a time you thought was the coolest thing to have.

1:59.7

And now you wouldn't even get near. The truth is, we all have money habits. Good or bad. We all have money habits.

2:07.6

We all have a relationship with money. What we feel about money, what we think about money builds our relationship with money.

2:16.4

If our belief is always, I don't have enough. Or if our belief is always, I'm always struggling for money.

2:24.0

That becomes our relationship with money. Just as we have a relationship with other people.

2:28.5

And so today, I want to share with you the eight ways we all manage to waste money and eight things we can actually do about it.

2:37.6

Now, I want you to think about this. I'm asking you this question. Do you feel you manage your money well?

2:43.5

Or is there room for improvement? And I want you to think about it. Yes or no. Do you manage your money well?

...

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