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How to quit the money guilt (without quitting your financial goals)

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Manage episode 502200691 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Feeling guilty every time you spend money? You’re not alone, but it might be doing more harm than good.


In this episode of Making Cents, we’re diving into why money guilt is one of the biggest mindset traps stopping people from saving, investing, or sticking to a budget.


I’ll break down the psychology behind guilt and spending, and show you how to shift your habits without giving up the things that make life fun.


We’ll talk:

• Why guilt-based budgeting usually backfires

• How to enjoy your money while staying on track with financial goals

• The science-backed way to build better money habits (without relying on willpower)

• What behavioural economists like Richard Thaler and psychologists like Brad Klontz say about shame and self-sabotage

• How to set up systems that make saving, spending, and financial planning easier

• Why small wins and values-based spending matter more than you think


Whether you’re dealing with debt, trying to grow your savings, or just want to stop feeling anxious every time you tap your card, this episode is your guide to dropping the shame and taking control.


Because being good with money shouldn’t mean punishing yourself.


Making Cents is supported by our friends at Kiwibank.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

137 episodes

Artwork
iconShare
 
Manage episode 502200691 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Feeling guilty every time you spend money? You’re not alone, but it might be doing more harm than good.


In this episode of Making Cents, we’re diving into why money guilt is one of the biggest mindset traps stopping people from saving, investing, or sticking to a budget.


I’ll break down the psychology behind guilt and spending, and show you how to shift your habits without giving up the things that make life fun.


We’ll talk:

• Why guilt-based budgeting usually backfires

• How to enjoy your money while staying on track with financial goals

• The science-backed way to build better money habits (without relying on willpower)

• What behavioural economists like Richard Thaler and psychologists like Brad Klontz say about shame and self-sabotage

• How to set up systems that make saving, spending, and financial planning easier

• Why small wins and values-based spending matter more than you think


Whether you’re dealing with debt, trying to grow your savings, or just want to stop feeling anxious every time you tap your card, this episode is your guide to dropping the shame and taking control.


Because being good with money shouldn’t mean punishing yourself.


Making Cents is supported by our friends at Kiwibank.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

137 episodes

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