How A No-Buy Year Can Change Your Brain’s Response To Consumerism
The Financial Diet
TFD
4.3 • 548 Ratings
🗓️ 27 June 2022
⏱️ 70 minutes
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| 0:00.0 | Hello, everyone, and welcome back to an all-new episode |
| 0:03.9 | of the Financial Confessions. |
| 0:05.6 | It's me, your girl, Chelsea Fagan, founder and CEO |
| 0:09.2 | of the financial diet and person who loves to talk about money. |
| 0:12.4 | And something that a lot of you guys have been asking us |
| 0:15.4 | to talk about on the channel are kind of complicated relationships |
| 0:19.9 | with spending and overspending. |
| 0:22.6 | Now, for a lot of us, what we actually spend on |
| 0:25.7 | is going to look very, very different. |
| 0:28.1 | And there tend to be a lot of like really one size fits all |
| 0:30.7 | maxims about like what spending is OK versus not OK. |
| 0:35.0 | Like you can spend on experiences, but not on things. |
| 0:37.9 | Or like, you know, especially things that tend to be fairly female |
| 0:41.5 | coded get very easily dismissed as like completely irrational spending. |
| 0:46.2 | Like a woman spending on makeup is bad, but like a man having like multiple |
| 0:50.4 | motorcycles, that's just what he's into. |
| 0:53.2 | And at TFD, it is worth noting that basically any spending |
| 0:57.4 | that is meaningful to you, that is useful to you, |
| 1:00.3 | that's got a very good cost per use ratio that |
| 1:02.9 | fits within your budget, et cetera, like all of that |
| 1:05.4 | is great. |
| 1:05.9 | Spend on what makes you happy. |
... |
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