Everything's an Investment: Building Your Epic Spending Plan

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 23 March 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, we're diving into the money psychology that impacts the way we spend and save—and I'll give you the framework for an epic change to the way we think about spending and investing for today and the future. We'll also hear from Adam Day, a Certified Financial Planner who happens to be a Level 1 Certified Financial Therapist, about ways you can start to unearth the money stories driving your behavior. Self-awareness is key, no? Here are some of the free resources we mentioned in the episode: Future Self-Continuity and Its Impact On Financial Planning (kitces.com) Money Motivator - Start (wqcorp.com) Klontz Money Scripts Test (bradklontz.com) FOLLOW ALONG Money with Katie Blog Money with Katie Instagram Money with Katie Twitter Sign up for the Newsletter! FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome back rich girls and guys to The Money with Katie Show.
0:11.9	Today we are going to talk about something that may not, you know, make you resent the
0:16.6	absolute shit out of budgeting like you might right now.
0:19.9	It is a better approach to budgeting that I like to call everything is an investment.
0:30.0	This is a true story.
0:33.9	I was 30 minutes into a luxurious hour long facial at my favorite spa in Fort Collins,
0:41.9	which sounds just honestly bougie to even say those words.
0:45.1	I have a favorite spa, but it gave me an incredible realization.
0:51.2	Everything is an investment.
0:53.3	Every time you deploy your financial or your energetic means toward something, you are
0:59.3	investing in it.
1:00.6	And it sounds so woo woo, but as I laid there and began to feel slightly guilty about
1:07.3	the expense of a discretionary spa trip, I thought, what if instead of an expense, I
1:12.6	thought of this as an investment in my health and not just my financial health or my
1:18.4	facial health, but my mental health deep breathing on a table conscious with my eyes shut
1:24.3	for 60 minutes.
1:25.3	I would never do that otherwise without falling asleep.
1:28.8	That throw in some fancy skincare and a massage and my nervous system loves it.
1:33.5	It feels like a true reset and my wheels kind of began to turn as I was laying there.
1:39.8	What if everything you buy is an investment in something, dining out is an investment
1:45.4	in your relationships, therapy is an investment in your psychological health, a nanny is an
1:51.3	investment in your family and like probably your marriage too, the list goes on.
	...

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