You are listening to the Life Coach School Podcast with Brook Castile episode number 264.

Welcome to the Life Coach School Podcast, where it's all about real clients, real problems, and real coaching.

And now your host, Master Coaching Structure, Brook Castile.

Well hello there my friends. I'm pretty excited to talk to you about a concept today called

Decision Debt. This concept came to me through one of my super thinking sessions.

And if you don't know about super thinking, you have to go back a couple podcast episodes and listen to that episode.

But basically what happens is I read something over here, and then I read something over there, and then I put the two concepts together, and we have an idea baby is what we're calling it.

So two big ideas have a little idea and the idea baby. And this idea baby is Decision Debt.

And it came from studying about decision making. Most of you know that I am obsessed with utilizing our brain for decisions ahead of time, and how that really changes the quality of our lives.

And I've also been reading a lot about money because as most of you know, I love money. And I was reading about debt, good debt versus bad debt, that sort of thing.

And I had this kind of epiphany that so many of us end up with Decision Debt.

And I watched this happen in so many of my clients and my students. And I think it just wears us out and zaps our energy unnecessarily.

Much in the same way that consumer debt can do that. So if you think about debt being defined as something that is owed, you owe someone something.

And if you think about that conceptually, that is energy drain for most of us when we owe someone it's kind of like this to do in the back of our mind.

It can create a sense of scarcity. It can create this idea that we are indebted to someone we can feel the emotion of obligation when we have debt.

Of course, debt is neutral and it's the way that we think about debt that is going to determine that.

So I like to use the metaphor of financial debt consumer debt as we explore this concept of Decision debt because I think they can be very similar in our lives.

I know that debt that's created from buying things we can't afford perpetuates us not being able to afford something.

So if you think about using credit cards and you go out and buy clothes that you don't have the cash to pay for, you have now created an obligation to your income that makes you less likely to afford the dress in the future or the pants or the clothes of the shoes or whatever.

So you are creating a debt that perpetuates the belief that caused the debt which was I can't afford to pay cash for this.

So I'll put it on my credit card and then we have to start paying the credit card instead of paying cash for things.

And I've watched so many people rely on their primitive brain for that instant gratification and that instant reward and that gets us into that consumer debt and it can take a complete mind shift to get us out of it.

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