Ever wondered why we can happily spend £200 on something, and then bemoan the £5 cost of something else a short while later?
The types of things we are willing to spend more money on will vary for each of us (e.g. think gadgets, clothes, car, or entertainment), and this is based on more than just the retail value of the product or service.
For the next 30 seconds, think about the main things you spend the most money on and write a short list. You should be able to come up with 3-5 things pretty easily. Include things that you may not purchase very frequently, but that you spend a fair bit on when you do.
I really encourage you to record them in some way – because there’s a lot this list can tell you!
Dr John Demartini talks about the correlation between what we spend our money on, and what our values are.
Two people I know, quite independently, are going through the crappiest time right now. Both of them are under the threat of losing everything. Their homes being their main worry.
I wish I could tell them everything will be fine by the time they wake up tomorrow, but it won’t.
I wish I could ease their burden by taking away or fixing some significant part of their problems, but that’s just not possible.
I wish I knew exactly the right words to say: one magic phrase to help them through this. Sadly, I’m not magician. Read more of this article »
*Note: We are not financial advisors and therefore cannot give financial advice!*
Paul and Sam talk about how they are building awareness of their finances to help them keep them in the black and out of the red!
Following on from their previous podcast, Reality Check, they discuss how even a little bit of measuring can make a world of difference when it comes to understanding where your money really does go – and once that awareness is there making informed decisions becomes so much easier.
ActionPodcast is your weekly source of inspiration and motivation for taking consistent action in your life.
From managing stress to managing time, gaining confidence to getting rid of excuses, the experienced team of ActionPodcast coaches provides practical insights and actionable ideas for making consistent progress in the important areas of your life. Read more...
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Ever wondered why we can happily spend £200 on something, and then bemoan the £5 cost of something else a short while later?
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