How to stop impulse spending with the trash can method

The Minimal Mom

Dawn Madsen

Self-improvement, Education:how To, Education, How To

4.8 • 743 Ratings

🗓️ 23 August 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Get your FREE ticket to Get Organized HQ here: https://thegetorganizedhq.com/gohqv2024-freeticket-dawnmadsen/?a_aid=MinimalMom&a_bid=357bc036What if the key to getting out of debt is owning less and spending smarter? Could cutting the clutter in your life also mean cutting down your debt? Listen in as Dawn talks with Jen and Jill from The Frugal Friends podcast and be inspired to buy less, live well, and be a good steward! IN THIS EPISODE: 00:00 - intro :44 - The Trashcan Trick 2:50 - History of frugal friends 5:02 - Simplicity goes hand-in-hand with getting out of debt! 6:22 - Tips for impulse spending 8:29 - A no-spend bucket list 11:40 - Influencers affect on our spending 15:06 - First time pay full price? 24:18 - (GEM) What to say to the woman who can’t get out of debt 27:00 - Anchors of debt freedom 30:33 - The freedom of living within your means 32:33 - Get Organized HQ ABOUT THE JEN AND JILL: Jen and Jill help you control your spending without all the guilt and shame of strict budgeting. They believe there’s not one right way to do money and help you find your core values and create a financial plan around them. And you always have the freedom to take what works for you and leave what doesn’t. Get ready to feel confident about your finances and afford more of the things money can’t buy. LINKS: Pre-order Jen and Jill's NEW BOOK: https://amzn.to/3YWoGOZ https://www.frugalfriendspodcast.com/ frugal friends podcast episode with Dawn: https://www.frugalfriendspodcast.com/minimalism-for-families-with-dawn-madsen-ep-434/https://www.instagram.com/frugalfriendspodcast/ My jewelry is from Trades of Hope (Shop to help women out of poverty!): https://tradesofhope.com/minimalmom Mother's Necklace on Etsy: https://cli.re/mom-necklace (I have the gold in 18") Welcome to The Official Minimal Mom Podcast. Thank you so much for listening and could I ask a favor? Would you mind following? It helps podcast apps recommend this podcast to more friends. Thank you! Dawn

Transcript

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0:00.0	Welcome to the Minimal Mom podcast. Today, Dawn is joined by Jen and Jill from the Frugal Friends
0:06.0	podcast, where they share tips and insight every week on how to buy less, live well, and be a good
0:12.0	steward of all your resources. With over 6.5 million downloads, Jen and Jill enjoy helping
0:18.4	their listeners learn how to control their spending without all the guilt and shame of strict budgeting.
0:23.8	Well, most of us are trying to curb our spending these days.
0:27.0	So Jen and Jill, I am so curious to hear about your trash can trick because, like, give us all the advice that you have.
0:33.9	I heard this one from Jill, and I am obsessed with it ever since she first told it on our show.
0:41.3	So the idea is when you're shopping at whatever store you're shopping at and you find something
0:47.2	that looks really beautiful. It's so aesthetically pleasing. Looking at you Target and the Joanna
0:52.6	Gaines Magnolia section, usually that's very well placed
0:57.9	and things just look beautiful. And so we pick something off the shelf and the trash can trick
1:03.2	is to curb that impulse spending, take that item to the trash can aisle of the store, put it next to all the trash cans, and see if
1:14.9	you still like it. Does it still hold up? In a non-esthetically pleasing environment, do we still
1:20.2	enjoy it? Because more than likely, that's going to be a little bit like what it looks like
1:25.0	when we bring it home to our own place. Not that our
1:27.5	houses are filled with trash cans, but when we remove it from the aesthetically pleasing
1:32.1	environment where it's curated with all these other really beautiful things, it can help us see
1:36.6	the item for what the item actually is, which is most likely what it's going to be when we get
1:42.3	it back home and we think, why doesn't it look good
1:44.7	in my house? I must not be a good decorator. I've got to get a whole bunch of other stuff too to make this
1:50.0	look better in my home. Yes. Multiply the impulse spending. So seeing it in a more accurate environment can
1:57.6	help us say, you know what? I actually don't think I'm going to purchase this.
	...

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