The emotions behind your money habits | TED Business

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4.1 • 11.9K Ratings

🗓️ 28 December 2022

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Your money habits reveal a lot about you: your hopes, fears, dreams and other deep personal truths you may not even be aware of, says accountant Robert A. Belle. He shares how taking stock of your transaction history can unlock surprisingly valuable insights about what drives you to spend (and save) -- and provides practical tips on how to perform an "emotional audit" of your expenses. Join host Modupe Akinola after the talk to learn about another kind of audit that may help you take stock of your work time. (This episode is part of the TED Talks Daily end-of-year wrap-up. As 2022 draws to a close, we're sharing some of the most perspective-expanding ideas from the TED Audio Collective to give you a sense of the bigger picture, help you better understand the trends of the past year and get ready for the one ahead.)

Transcript

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0:00.0	Hey, I'm Elise Hugh.
0:05.2	You're listening to Ted Talks Daily and today we have an episode from Ted Business, another
0:09.6	podcast in the Ted Audio Collective.
0:12.4	It finds a Ted Talk for every business problem you can imagine and offers a mini lesson on
0:16.9	how to apply the ideas in your own life.
0:19.9	If you want to hear more, follow Ted Business wherever you listen.
0:25.2	We all have our vices and for those of you who don't know me, mine is shopping.
0:31.8	I love to shop.
0:34.7	Nothing makes me happier than a beautiful well-designed outfit that makes you go, dang!
0:40.6	And I know exactly where I got this from.
0:43.2	My parents, I've seen plenty of old folders of them from back in the day dressed to the
0:48.4	Nines, two-tone shoes, faux fur coats, bell bottoms, dashikis, and even though this love for
0:55.3	shopping runs in my blood, I know it isn't always the healthiest habit.
1:01.1	Back in 2017, I read an article by the author Ann Patchett who talked about how her year
1:07.7	of no shopping changed her life.
1:10.3	It got me thinking about the ways my own shopping habits, specifically with clothes, were
1:15.4	affecting my life and made me wonder whether I should try this year of no shopping thing.
1:21.0	I went back and forth about whether it was even possible and convinced myself.
1:26.2	I can do it, you can do it!
1:29.0	So for all of 2018, I was on a shopping diet and it was transformational.
1:35.1	I had more time in my day because I wasn't sneaking around into stores to shop, I had
1:39.4	more clarity because I wasn't distracting myself, I was also attuned to my emotions
	...

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