The Wealth Equation

Spending Savings

Episode Summary

Shaming yourself for using your savings is a terrible money management strategy.

Episode Notes

Shaming yourself for using your savings is a terrible money management strategy. What are valid uses of your money or your savings?

I’m breaking down:

• How much to aim for in your safety net
• Effective vs. ineffective uses of savings
• The psychology of spending and the single belief that leads to spending guilt
• A big mindset difference between men and women that keeps women small