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More Creative Ways to Spend Money
Manage episode 415470721 series 3410901
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In this intriguing episode, host Dave Gallegos takes a deep dive into the psychology of spending and the concept of 'Fear Of Missing Out' (FOMO). Dave explores how we often justify extravagant spending on non-essential items that don't contribute to our financial freedom, under the illusion of 'missing out.' However, rather than assigning blame, he uses this episode to help listeners reassess and realign their spending priorities. By offering practical advice and strategies, Gallegos encourages listeners to make more informed financial decisions that can lead to greater financial freedom and stability. This episode is a valuable resource for anyone looking to better understand their spending habits and work towards financial independence.
00:55 - The Downside of Buy Now Pay Later
02:15 - No One Cares as Much About Your Finances as You Do
03:00 - Creative Ways to Spend Money
04:45 - The TOTAL Expense of Your Mobile Phone
05:45 - Subscription Models
07:00 - Over the Top Celebrations
09:40 - Bachelor/Bachelorette Parties
10:59 - Destination Weddings
11:35 - It’s Just About Your Priorities
12:15 - Gender Reveal Parties & Babymoons
15:00 - Choices Based on FOMO
16:15 - Spend Less Than You Make = Financial Freedom
15 episodes
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