SMS 135 – Guilt Free Spending


Manage episode 233518049 series 1254097
By Courtney & Trevor;, Courtney, and Trevor; Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Guilt Free Spending

Guilt free spending vs purchase justification

Why guilt free spending is important?
– deprivation is not sustainable
– bring change into your life

How much should you be spending guilt free?
– relative to your income

Spending considerations:
– on a regular interval
– not on life’s necessities
– not automated spending
– be deliberate about it
– make sure it is aligned with your priorities
– no room for personal agendas (not significant in value)

Sources of guilt free money:
– allowance – make it part of your budget
– gift money

Beware of the purchase justification machine

Mr. Money Mustache

154 episodes